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Community banks to get Call Report relief
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Banking
Friday, August 5, 2016
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After nearly two years of study and conversations with members of the Independent Community Bankers Association and the American Bankers Association, federal banking agencies are proposing a shorter Call Report for community banks that would cut down nearly 30 percent of the pages and 40 percent of the data items. Read on for details of the proposal and which banks it would affect, as well as reaction from the trade groups.
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