Community Bankers Association of Illinois

Your Immediate Action is Needed!
Grassroots Effort is Needed to Support State-Chartered Bank Lending Limits

Please contact your member of Congress to oppose language in the financial regulatory reform bill (S.3217/H.R. 4173) that would adversely affect community banks and their ability to serve their communities. Section 611 of the Senate bill would subject state-chartered banks to national lending limits on loans to any one borrower as a percentage of its' capital. A one-size-fits-all approach to lending limits would restrict lending in the 20 states that have set their limits above the national limit. The state regulators are better able to judge the unique circumstances in their state economies and for decades they have exercised this discretion over lending limits for state chartered banks.

The House/Senate conference negotiations on financial reform legislation continues, and your grassroots outreach on this issue is urgent.

To send a pre-written letter via e-mail, please CLICK HERE.
  800.736.2224 (IL) | 217.529.2265  
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