We recognize that community banks play a vital role in the communities you serve. Your insights into local conditions and your long-standing customer relationships afford you a deep understanding of the needs and characteristics of the households and small businesses in your communities, and enable you to meet their credit needs effectively. The value of these relationships has never been more evident than during this crisis—a fact that my colleague, Governor Michelle Bowman, highlighted yesterday when she said "it is no surprise that community banks are standing shoulder to shoulder with their customers, on the front ... (full story)