Infographic highlights support for community bank policy issues

ICBA continued spreading the word about its latest polling results—which show Americans support community bank policy priorities—in an infographic sent to Beltway insiders.

Details: The infographic from the polling firm Morning Consult and ads running in this week’s Morning Consult newsletters share new polling data showing support for the policies laid out in ICBA’s new “Repair, Reform, and Thrive” plan.

Highlights: Released this week, the polling of U.S. adults conducted by Morning Consult found:

• 61% agree that federal agencies should address regulatory restrictions that limit the formation of new community banks.

• 67% say providing tax relief to lending institutions in rural communities—in line with the ICBA-advocated ACRE Act—would help preserve family farms.

• 55% agree that Congress should overturn small-business data collection and reporting rules.

• 62% say credit unions that operate like banks should have to pay taxes like banks.

• 58% agree policymakers should raise the deposit insurance limit above $250,000.

ICBA’s Plan: The polling aligns with policy proposals laid out in “Repair, Reform, and Thrive: ICBA's Plan for Powering Local Economies,” which offers a regulatory and legislative agenda for the new 119th Congress and incoming Trump administration. ICBA shared the key legislative elements of the plan in a recent open letter to Congress.