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ICBA is urging community bankers to use its Be Heard grassroots action center to submit comments on the current Economic Growth and Regulatory Paperwork Reduction Act review ahead of today’s deadline.
Details: With comments due today, community bankers can use the ICBA action center to submit customized messages on issues such as flood insurance, the Fair Credit Reporting Act, the Federal Reserve’s Regulation O, and the Bank Secrecy Act.
Additional Resource: ICBA also offers a separate guide to help community bankers draft custom comment letters to banking regulators during the current round of the EGRPRA review process.
Background: EGRPRA requires the federal banking agencies to review their regulations every 10 years to identify outdated, unnecessary, or unduly burdensome regulations, allowing community bankers to articulate concerns with regulatory burden and its impact on local communities. Submit comments now.