G. William Beale and Scott Nininger

Guest Opinion: How bankers see things

“Banks today are subject to more that 1,700 pages of consumer regulation. Most customers are familiar or come in contact with many of these laws that over time have increased the amount of paperwork they must complete to open an account or obtain a loan. To be sure, it is important to have a system of oversight to govern the actions of financial institutions, but we need to think carefully about how much we burden banks,” writes Union First Market Bank CEO Billy Beale in this week’s Guest Opinion.