Bipartisan Senators Highlight Value of Industrial Banks in Letter to FDIC
Last week, the National Association of Industrial Bankers (NAIB) welcomed strong bipartisan support for industrial banks (IBs) from a group of United States Senators. In a September 19 letter to FDIC Acting Chairman Hill, Senators from both parties highlighted the vital role industrial banks play in fueling America’s economy and strengthening communities. They urged the FDIC to uphold the laws Congress has established to ensure fair treatment of IB applications.