In my judgment, well-managed and innovative community banks will continue to play a critical role in the U.S. economy. Community banks provide vital services for their customers and are key contributors to sustained economic growth, both locally and nationally. Indeed, the performance of community banks over the past decade has been very impressive. But neither bankers nor their supervisors should become complacent.
Doubtless the future will continue to require both of us to evaluate and respond to changes that are often complex and difficult to understand, much less to predict. It has been my pleasure to be here today, and I look forward to working with you in the coming years to ensure the continued vitality of the U.S. banking and financial system. Thank you.