This bill has advanced since we wrote our summary.
Current stage on Congress.gov: Reported in House.
Small-town banks and credit unions in rural America are struggling — facing challenges with growth, profitability, and meeting capital requirements that their urban counterparts don't always share. This bill would require the three main federal banking agencies (the Federal Reserve, the FDIC, and the Comptroller of the Currency) to jointly study what's holding back rural banks and what federal rules might be making things worse, including barriers to starting new banks in rural areas. They'd have one year to report their findings and recommendations to Congress.
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
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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