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Stock impact report

Citizens Bank of Edmond CEO Jill Castilla Testifies Before Congress on Deposit Insurance Reform [Yahoo! Finance]

First Citizens BancShares, Inc. - Class A (FCNCA) 
Company Research Source: Yahoo! Finance
House Financial Services Committee to share her perspective on deposit insurance reform and the realties facing community banks, small businesses, and Oklahoman families. Castilla, a nationally recognized community banking leader and one of American Banker's Most Powerful Women in Banking, was invited to provide insight shaped by her bank's 125-year legacy and its role as one of the nation's most innovative community institutions. Her testimony drew from firsthand experience guiding customers through periods of market uncertainty, supporting local entrepreneurs, and advocating for financial strength across Main Street America. Castilla told lawmakers that effective deposit insurance reform should be data-driven, transparent, and focused on reinforcing confidence rather than expanding guarantees that create new risks. She emphasized that reform must strengthen confidence in the banking system without burdening community banks that serve as lifelines for their communities and local Show less Read more
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