HONOLULU - As recently as two years ago, nobody could have imagined the Independent Bankers Association of America endorsing legislation to repeal the Glass-Steagall Act.

But times change. Two years ago, who could have imagined that deposit insurance premiums would be ready to drop from their peak average of 24.5 cents for each $100 of insured deposits to a mere 4 cents - and that the IBAA would be fighting for a still lower rate?

Limited Time Offer

Save $400 off your subscription. Special offer ends April 30, 2017.

14-Day Free Trial

No credit card required. Complete access to articles, breaking news and industry data.