Saturday, September 3, 2011

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

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FDIC Chairman Sheila Bair saidthe nation's 7,000-plusz community banks "are the lifeblood of our nation'sx financial system, supplying much-needed credit to countlessz individuals, small businesses, nonprofit organizations and othee entities in large and small towns around the country." The Independengt Community Bankers of America praised the FDIC for forminf the advisory committee. "ICBA looks forward to working with the committeew in their efforts to identify and prioritizd issues of concern forcommunity banks," said associatiobn Chairman R. Michael Menzies, who is president and CEO of Eastobn Bank andTrust Co. in Easton, Md.
One current issue of concern for community bankerd is a proposal to creat a single regulator for federally charterefbanking institutions. That would "ultimately community banks, said ICBA President and CEO Camdemn Fine. For more information, see

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