We are actively involved in providing greater clarity and specificity regarding the applicability of supervisory policies to community banks. One of the things that I try to do whenever I review policies is to draw on my experience of working with community banks in Maryland and think about the effects these policies are likely to have on community banks and the areas they serve.
Ideally, our supervisory policies result in stronger community banks that are able to lend and promote sustainable economic growth in their communities. bank. See Board of Governors of the Federal Reserve System (2000), Commercial Bank Examination Manual (PDF), section 1000.1 (Washington: Board of Governors, May).