Tipton seeks to aid small banks

Rep. Scott Tipton, R-Cortez, introduced legislation Tuesday aimed at reducing compliance burdens for highly rated community banks.

The Small Bank Exam Cycle Reform Act would amend the Federal Deposit Insurance Act to allow banks with less than $1 billion in assets to be eligible for an 18-month bank examination cycle by the Office of the Comptroller of the Currency.

Under the current law, only banks with assets below $500...

Business Briefs

Hillcrest grill opens for season

Irons in the Fire Hillcrest Golf Course Grill announces that it is now open from 11 a.m. to 3 p.m. seven-days a week until the season ends.

Chef Micky Stalley will return this season, offering a new menu with daily specials. People who have lunch at Hillcrest Golf Course will receive $1 off a large bucket of range balls.

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