Promoting New Bank Formation Act of 2025 This bill eliminates and reduces certain requirements applicable to new financial institutions, certain rural community banks, and federal savings associations. Under the bill, federal banking agencies must issue rules allowing new financial institutions to meet capital requirements within three years. During this period, a financial institution may request to deviate from an approved business plan and the appropriate agency has 30 days to approve or deny the request. In addition, the community bank leverage ratio—a way of evaluating debt levels—is reduced for new rural community banks. Specifically, new rural community banks must have a ratio of 8%, with a three-year phase-in of the rate. After this period, the ratio rises to its current level of 9%. Finally, the bill removes certain restrictions to allow federal savings associations to invest in, sell, or otherwise deal in agricultural loans.
Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
Bill introduced
Lobbying filed by AMERICAN BANKERS ASSOCIATION
Lobbying filed by INDEPENDENT COMMUNITY BANKERS OF AMERICA
Lobbying filed by AMERICAN BANKERS ASSOCIATION
Lobbying filed by INDEPENDENT COMMUNITY BANKERS OF AMERICA
Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
| Registrant | Client | Amount | Filed | Period | Issues |
|---|---|---|---|---|---|
| INDEPENDENT COMMUNITY BANKERS OF AMERICA | INDEPENDENT COMMUNITY BANKERS OF AMERICA | $2.7M | Jul 23, 2025 | 2025Q2 | AGRBANBUD |
| AMERICAN BANKERS ASSOCIATION | AMERICAN BANKERS ASSOCIATION | $2.0M | Jul 21, 2025 | 2025Q2 | ACCAGRBAN |
| AMERICAN BANKERS ASSOCIATION |
The lobbying table lists Senate LDA quarterly reports (LD-2) that cite this bill by number and cover a quarter of the 119th Congress. An LD-2 names a bill as “H.R. 1234” with no Congress, so a report on another Congress, which can only concern a different bill with the same number, is left out, even when it was filed after this Congress began. The amount is what the registrant reported for the whole filing, across every issue on it, not spending on this bill. Official actions and the bill summary come from Congress.gov, and votes from the roll-call record. This page no longer pairs the bill with members' stock trades: matching lobbying clients to traded companies by name, and trades to a bill by date, is not something the records establish.
| AMERICAN BANKERS ASSOCIATION |
| $1.7M |
| Apr 21, 2025 |
| 2025Q1 |
BUDCPTFIN |
| INDEPENDENT COMMUNITY BANKERS OF AMERICA | INDEPENDENT COMMUNITY BANKERS OF AMERICA | $880.8K | Apr 22, 2025 | 2025Q1 | AGRBANBUD |