"Community banks have been unfairly targeted with a vast array of new
and costly regulations. It is time we set about on a course to
establish a two tiered regulatory system...one for the risky practices
of the too big to fail institutions and one for risk averse community
banks. Our time to make that happen in the US Congress is now."
Dallas Beige Book
February 29, 2012
Federal Reserve Bank of Dallas
By Ed Roberts
A coalition of bank and credit-union lobbyists joined the ATM industry in requesting legislation to stop lawsuits alleging violation of the Electronic Funds Transfer Act... read more.
Jay Shands, President and CEO of First Bank and Trust East Texas, Lufkin, was reappointed as one of the now two commercial bank representatives.
Darby Byrd is the retired CEO of Orange Savings Bank, and currently serves as Vice Chairman of the bank. He has been reappointed as the savings bank representative.
