Comptroller Gould Statement on Community Bank Leverage Ratio Final Rule

WASHINGTON—Comptroller of the Currency Jonathan V. Gould issued the following statement today about the Community Bank Leverage Ratio final rule, which provides community banks with greater flexibility to use a simpler measure of capital adequacy and reduces regulatory burden.

Providing the option to use simplified capital standards gives community banks meaningful and necessary regulatory flexibility while advancing the OCC’s support for the long-term health and vitality of these indispensable institutions. The OCC remains committed to targeted regulatory reforms that ease the burden on community banks and foster local economic growth. I look forward to the implementation of this final rule and the impact it will have on consumers and communities while preserving safe and sound operations.

Learn more about the OCC’s targeted regulatory relief for community banks:

• OCC Announces Actions to Reduce Regulatory Burden for Community Banks
• OCC Announces Additional Actions to Support Community Banks and Reduce Regulatory Burden
• OCC Issues Final Rules to Reduce Regulatory Burden for Community Banks