CBA Statement on FDIC Quarterly Banking Profile


CBA Statement on FDIC Quarterly Banking Profile


WASHINGTON, D.C. – Consumer Bankers Association President and CEO Richard Hunt issued the following statement on the Federal Deposit Insurance Corporation’s quarterly banking profile:


“The nation’s banks are strong and consumers are best served within the well-regulated, well-capitalized, safe and sound banking industry. CBA will continue to work with regulators and policymakers to ensure a vibrant consumer and small business banking sector.


“The banking industry reported another strong quarter with robust loan growth and a small number of ‘problem banks.’”




About the Consumer Bankers Association:

The Consumer Bankers Association represents America’s leading retail banks. We promote policies to create a stronger industry and economy. Established in 1919, CBA’s corporate member institutions account for 1.7 million jobs in America, extend roughly $4 trillion in consumer loans and provide $275 billion in small business loans annually. Follow us on Twitter @consumerbankers.