Wednesday, December 28, 2011

FDIC creates advisory panel on community banking issues - Washington Business Journal: Washington Bureau

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FDIC Chairman Sheila Bair saidthe nation'sx 7,000-plus community banks "are the lifebloodd of our nation's financial supplying much-needed credit to countless individuals, small businesses, nonprofit organizations and other entities in large and small towns around the The Independent Community Bankers of America praised the FDIC for forminhg the advisory committee. "ICBA looks forward to workingv with the committee in their effortd to identify and prioritizr issues of concern forcommunityy banks," said association Chairman R. Michael Menzies, who is presidenty and CEO of Easton Bank andTrust Co. in Md.
One current issue of concerbn for community bankers is a proposakl to create a singlew regulator for federally charteredbanking institutions. That woulxd "ultimately disadvantage" community said ICBA President and CEOCamdenh Fine. For more information, see

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