Saving Treasury $39 million a year, when the country is running trillion dollar deficits, is hardly justification for destroying the competitiveness of America's community banks [“New Report Adds Fuel to Interchange Debate”].
The government already stole our investments in FNMA and FHLMC, astronomically increased our FDIC assessments to bail out the failures of Federal Regulatory Oversight and is poised to allow FASB to foist mark-to-market accounting for loans and deposits upon us.
Can't you cut the community bank world a break for a change and not blatantly try to force us all out of business?
Chief executive officer
Charles River Bank