The record

LegislationLegislation· May 2026
HR 5317 Passed House — in Senate

Sponsored by J. French Hill (R)

Community Bank Deposit Access Act of 2025

Lets small banks accept certain customer deposits without stricter oversight rules.

Tradeoff

Small banks under $10 billion in assets can hold more custodial deposits (retirement and trust accounts) without triggering brokered-deposit rules. Banks that use this exception must stay well-capitalized or face interest-rate caps on those deposits.

What's in it

See official bill text

The House passed this 393-16 on May 20, 2026 — now sitting in the Senate.

  1. House

    Introduced

    (Sep 11, 2025)

  2. House

    Committee on Financial Services(Sep 11, 2025)

  3. House

    The Committee on Financial Services voted to send it to the floor

    Reported 48 - 2(Sep 16, 2025)

    Committee report H. Rept. 119-369.

  4. House

    On Motion to and Pass, as Amended

    Passed(Roll #179 · May 20, 2026)

    393 yeanay 16

  5. Senate

    Received from the House

    on Banking, Housing, and Urban Affairs(May 21, 2026)

Passage votes so far· May 20, 2026· 119th Congress · 2025–2027