Community Banker Alert

Please use the links below to contact Senators Casey and Specter about S. 3217 - on financial regulatory reform. PACB and ICBA are working hard to make sure the final product protects community banks and impacts those who created this financial crisis: Wall Street and the shadow-bankers.

In addition to the ICBA's action alert found below, a letter sent from ICBA to the Senate is also enclosed. The letter outlines the core principles on how PACB and ICBA believe financial reform should be structured. This letter is also a great resource for specifics on what revisions community banks are seeking to the bill.

ICBA ACTION ALERT
Grassroots Letters Essential as Senate Takes Up Reg Reform
Grassroots outreach on financial regulatory reform has never been more important as the Senate has agreed to take up S. 3217 beginning today. ICBA offers custom letters on regulatory reform that community bankers can send to their senators to advocate expanding the Deposit Insurance Fund assessment base statutorily, increasing the role of prudential regulators in writing consumer-protection rules, maintaining consumer-protection supervisory restrictions on nonbanks and including a prefunded systemic-risk dissolution fund. ICBA also offers a custom letter for community bankers to send on other issues, such as the Volcker rule, Federal Reserve supervisory authority over state member banks and eliminating the thrift charter.

Please feel free to contact Kristine Warner with any questions or comments about S. 3217.

Thank you.