Comment on Call reports too burdensome, bank group says

Call reports too burdensome, bank group says

The national organization that represents America’s community banks is asking bankers to sign an online petition to help stop one part of what it calls a “regulatory tsunami” against community banks. The Independent Community Bankers of America’s latest target in its self-proclaimed war against an increasing regulatory burden is the quarterly call reports that banks must file with the Federal Deposit Insurance Corp. The reports have 80 pages of forms to complete and 670 pages of instructions…

 

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