On the recordMarch 20, 2017
Dodd-Frank has had a direct cost to our community bank of at least $100,000 per year, not including additional salaries and benefits for support people to monitor and to make sure we are in compliance.
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congress.govDavid Kustoff: “Dodd-Frank has had a direct cost to our community bank of at least $100,000 per year, not including additional salaries…”
Editor's note · Context
A banker highlights the financial burden of Dodd-Frank on community banks.
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