Regulatory Alerts2021-09-09
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SR 21-16: Community Bank Access to Innovation through Partnerships
The Board of Governors of the Federal Reserve System issued this letter to distribute a resource paper on community bank partnerships with fintech companies. The document targets banking organizations with $10 billion or less in consolidated assets and outlines the evolving landscape of such collaborations. It serves as an informational resource based on stakeholder meetings and does not establish new regulatory guidance.
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