Never Mind 'Too Big to Fail,' the Worry is 'Too Small to Save'

I am writing to applaud your article this week, "Time for a Separate Regulatory Tier for Small Banks" [Jan. 26].

I am in conversation each week with community bankers who are frustrated beyond belief. These bankers cite examples of inconsistent regulatory treatment, from bank to bank, when bank circumstances are the same. The bankers refer to unnecessary, delayed responses from examining agencies because all work has to be vetted through Washington. Bankers are being told to "fix problems" in a very short and unrealistic turn-around time.

Community bankers wonder about a hidden agenda, which intends to wipe out small banks in this country. Too big to fail – too small to save is their nightmare.

Your comments were right on the money; "amens" have been heard across the Commonwealth!

Pat Satterfield
President & CEO
Virginia Association of Community Banks

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