Hoosier Banker 41 nontraditional borrowers, clarifying ongoing problems with the TILA-RESPA integrated disclosures, improving flexibility in the loan originator compensation rule, and delaying the Home Mortgage Disclosure Act data expansion. Other action items, including those requiring legislation, would exempt community banks with less than $10 billion from the Volcker Rule, streamline the stress test process, and raise the stress test asset threshold from $10 billion to $50 billion. (For a complete summary of the report, visit aba.com/ExecutiveOrders.) While some are heavier lifts than others, these are all sensible, doable reforms, and that is key. Despite spanning 150 pages, Treasury’s report does not overreach. The recommendations are grounded in common sense, adding to their credibility and enactability. That give us hope that community banks, which helped shape this roadmap for relief, will see tangible results in the coming months and years. HB Kentland Bank has relocated its Lafayette branch and hosted a ribbon-cutting ceremony on June 16 with the Greater Lafayette Commerce. The new branch address is 3803 S. Street, Lafayette. Representatives of Kentland Bank and the Greater Lafayette Commerce gather for the ribbon-cutting ceremony of the bank’s relocated Lafayette branch. BANKING CENTER UPDATE
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