Credit card act a threat to community banks

Community banks are the lifeblood of many small towns and rural areas across Montana. They play a crucial role in supporting our local businesses, providing access to credit, and fostering economic growth within their communities. These banks have a deep understanding of the unique needs and challenges faced by their customers, allowing them to tailor their services accordingly.  

Unfortunately, we are quickly losing local and regional banks across the nation; this attrition is unsustainable.

Community banks have a vested interest in the success of the neighborhoods they serve. They are more than just financial institutions; they are partners in the growth and development of their communities and contribute to their overall well-being. As such, we are concerned about proposed regulations out of Washington D.C. that could impact Montana’s financial institutions.