The Trump administration is rolling back red tape for community banks to try to boost lending in the economy. The move is expected to free up as much as $64 billion for community lending, with 95% of all community banks eligible for the change in the rule. Since 2010, the US has lost 3,600 community banks, a reduction of over 45%. Community banks' share of bank assets has fallen from 23% to 15%, while their share of outstanding bank loans has fallen from 27% to 20%. The OCC has taken a series of actions this year to help community banks grow, including tailoring supervision and increasing the upper asset range of community banks to allow them to grow without facing the increased supervision scrutiny that applies to larger or more complex banks.