HR-6536 — Rural Depositories Revitalization Study Act

YourVoice.Now Summary

Transparency & Accountability

Bank regulators would study how rural banks are doing — the result is a report, not a change.

Transparency & Accountability

Report to Congress on rural banks — due within one year

The Federal Reserve, the FDIC, and the Comptroller of the Currency would study banks that mainly serve rural areas. They would send Congress what they find within one year of the bill becoming law.

List of federal rules limiting new rural banks

The same study would name federal laws and rules that limit those banks, including ones that make it hard to open a new bank in a rural area. Naming them is all the bill does. It does not change any rule.

More about this bill

Nothing would change at your bank. The bill orders a study, not a fix. Three federal regulators would look at banks that mainly serve rural areas. Those are the Federal Reserve, the FDIC, and the Comptroller of the Currency. The study would look for ways to help those banks grow and earn more. It would also cover the money they must keep in reserve. It would then name federal rules that stand in the way. That includes rules that make opening a new rural bank hard. Congress would get the findings within a year of the bill becoming law. Any rule change would take a later bill.

Congressional Summary

This bill requires federal banking agencies to study and report on approaches to support rural depository institutions.Specifically, the Federal Reserve Board, the Office of the Comptroller of the Currency, and the Federal Deposit Insurance Corporation must jointly (1) study and report on methods to improve the growth, capital adequacy, and profitability of rural depository institutions; and (2) identify statutes and regulations that limit such methods or prevent the establishment of new rural depository institutions.

Legislative Subjects

Bank accounts, deposits, capitalCongressional oversightFinancial services and investmentsGovernment information and archivesGovernment studies and investigationsRural conditions and development

Details

Congress: 119th
Chamber: House
Status: summarized
Action: Placed on the Union Calendar, Calendar No. 404.
Action Date: 2026-02-02
Date Added: 2026-04-09
Source: Congress.gov →

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