Community Bank Relief Act
Term Dictionary
If you come across any unfamiliar words while reading, these resources can help make everything clearer. Pick whichever one works best for you!
- Congress.gov Legislative Glossary - Comprehensive congressional terms
- NVFC Congressional Terms Glossary - Concise, easy-to-understand definitions
The gist
Adjusts the bank size threshold in debit card swipe fee rules for inflation since 2009, letting more mid-sized banks escape federal fee caps.
Who wins, who loses
Wins: community banks and credit unions growing past the $10B asset line; their debit card revenue stays protected.
Loses: merchants and shoppers who could face slightly higher swipe fees as more banks gain exemption.
What it does
Amends Section 921 of the Electronic Fund Transfer Act (EFTA), which caps debit card interchange fees for big banks.
Orders a one-time catch-up by July 1, 2026, raising the threshold by inflation from October 2009 to October 2025.
Requires annual updates every January 15 using the Consumer Price Index (CPI).
Keeps smaller banks exempt from Federal Reserve fee caps as their assets grow with inflation.
Why should I care?
Supporters say inflation has quietly tightened a 2010 rule, squeezing community banks that lawmakers meant to protect. Critics argue weaker fee caps mean merchants pay more, and those costs reach customers at checkout. An alternative being debated is lowering caps for all banks instead of raising the exemption line. Where do you land? Vote below and use "Tell Your Rep" to make sure your voice reaches Congress.