Frank Pignanelli

Executive director, National Association of Industrial Bankers

Frank Pignanelli is the executive director of the National Association of Industrial Bankers.

Regulation and compliance

Restricting industrial loan charters would be bad for the economy

Industrial loan companies play a vital role in local economies across the country, providing liquidity in areas that other banks overlook. Restricting the availability of ILC charters would be bad for business.

By Frank Pignanelli

January 7

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