Sponsors (4)
The bill directs agencies to study and report on barriers to rural banking—potentially improving access for rural communities—while risking no action, resource diversion, or recommendations that could weaken oversight and increase financial risk.
Rural communities and small-business owners could gain improved access to local banking services because agencies will identify ways to boost growth, capital, and profitability of rural-serving banks and reduce barriers to starting new community banks.
Congress and federal policymakers will receive a coordinated, time-bound (within one year) report to inform targeted legislative or regulatory measures addressing rural banking needs.
Taxpayers and bank customers could face increased financial risk if the study's identification of regulatory constraints leads to deregulatory recommendations that reduce oversight of banks and strain deposit insurance funds.
Rural communities may see no immediate benefit because producing a report does not guarantee that Congress or agencies will act on its findings.
Federal regulatory agencies and staff could have resources diverted to conduct the study, potentially reducing capacity for other supervisory priorities.
Based on analysis of 2 sections of legislative text.
Directs the three federal banking regulators (Federal Reserve Board, OCC, and FDIC) to jointly study how to improve the growth, capital adequacy, and profitability of depository institutions that primarily serve rural areas and to identify federal statutes or agency regulations that limit those improvements or the creation of new rural banks. The agencies must deliver a single report with findings and determinations to Congress within one year of enactment. The requirement is a time-limited study and reporting mandate only: it does not appropriate funds, change banking rules, or itself create new programs or authorities. It uses existing legal definitions for “depository institution” and “rural.”
Introduced December 9, 2025 by Ralph Norman · Last progress December 9, 2025