A bill passed by Congress and now signed by President Trump would roll back a number of bank regulations that were put in place after the financial crisis of 2008.

South Dakota Bankers Association President Curt Everson says smaller banks had to deal with the same regulations as the mega banks…

Everson says it cost small banks a lot to comply with the Dodd-Frank regulations……

The new rules raise the threshold of banks “too big to fail” to two hundred fifty billion dollars from the current level of fifty billion dollars.

Everson says it may allow smaller banks to get more of their traditional business back……

Everson says the new legislation does not change any of the fair lending practices for banks and customers.