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?

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