HYDE-SMITH INTRODUCES BILL TO SPARK BANK FORMATION IN RURAL, UNDERSERVED AREAS
HYDE-SMITH INTRODUCES BILL TO SPARK BANK FORMATION IN RURAL, UNDERSERVED AREAS
Legislation Aims to Boost Community Banking, Stop Decline in Banking Options for Many Mississippians
WASHINGTON, D.C. – U.S. Senator Cindy Hyde-Smith (R-Miss.) today introduced a bill to encourage the formation of new banks in underserved and rural areas by easing federal regulatory restrictions that have stifled bank and capital availability in Mississippi and other states.