Regulatory Relief

Regulatory burden has resulted in 25% fewer community banks in Texas

  • In one of the healthiest economies in the nation, more than 150 Texas community banks have sold or merged due to the regulatory burden imposed by the Dodd-Frank Act.
  • The Dodd-Frank Act has resulted in more than 14,000 pages of new regulations. Large banks can absorb compliance costs with internal staff and attorneys. Smaller banks cannot.
  • The loss of community banks results in less consumer credit and especially the loss of small business credit opportunities. Community banks account for 45 percent of small business loans.