TREADING LIGHTLY: "The mere prospect of enforcement action is daunting enough to lead risk-adverse community banks to shut off access to their payment systems to all but the most-established, low-risk businesses," says Samuel Vallandingham, president and CEO of First State Bank.

Community Bankers Air Regulatory Grievances to House Committee

Smaller banks are disproportionately affected by regulation, forcing some to consider selling or to rethink their strategy, two community bankers argued before Congress.

To continue, please log in, register or subscribe.
Already a subscriber? Log in here
Please note you must now log in with your email address and password.

Already a subscriber? Log in here
Please note you must now log in with your email address and password.