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ICBA to FASB: More outreach needs to be done
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Banking, Financial Stability, Legislation
Friday, February 5, 2016
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Community bankers had a chance to sit down with the entire Financial Accounting Standards Board to discuss their concerns about the current expected credit loss proposal. Board members and a representative from the Federal Reserve told members of Independent Community Bankers of America that small and community banks will be able to tailor their methodologies, but there still are some concerns about the proposal. Read on to learn more.
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