St Casimirs Mortgage Minute

Election Results Show Community Bank Muscle

ICBA released a special post-election memo for the 2014 midterms outlining the key election results for community banks, the implications on community bank issues and the industry’s position heading into the 114th Congress. ICBA’s bipartisan political action committee contributed $1.7 million to support more than 290 pro-community bank candidates and committees. In a press briefing this week, Senate Republican leader Mitch McConnell (R-Ky.) said the Senate Banking Committee will review the impact of the Dodd-Frank Act on community banks.   ---ICBA