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U.S. Senate passes Crapo banking bill

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In a move intended to reduce regulations for smaller banks, the U.S. Senate on March 14 passed Idaho Sen. Mike Crapo’s Economic Growth, Regulatory Relief and Consumer Protection Act (S. 2155) with a bipartisan vote of 67 to 31. Crapo ...

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Rural Idaho banks struggle to stay open (access required)

Not all rural Idaho cities have their own banks or credit unions, but tiny Pierce, population 600, was lucky. Earlier this year, the former White Pine Credit Union merged with Idaho Central Credit Union (ICCU), based in Pocatello. “That community ...

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Crapo bill could help Idaho community banks (access required)

A national banking bill put forth by Idaho’s Sen. Mike Crapo could pay big benefits back home, according to community bankers. The bill, S.2155, is intended to roll back some Dodd-Frank compliance restrictions that were put into place in 2010. ...

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