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Congress approves bill raising asset threshold for BHCs to $1 billion
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Banking
Tuesday, December 16, 2014
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Bank holding companies with less than $1 billion in total consolidated assets soon may qualify for the reduced reporting requirements and Capital Guidelines exemptions under the Federal Reserve’s Small Bank Holding Company Policy Statement. Read on about the bill that has bipartisan support as well as Fed, American Bankers Association and Independent Community Bankers of America approval.
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