The Community Bank Relief Act adjusts payment card transaction fee thresholds for inflation to provide relief to community banks. Specifically, the bill amends the Electronic Fund Transfer Act to automatically increase certain fee caps based on the Consumer Price Index, starting with a one-time adjustment by July 1, 2026, that accounts for inflation between October 2009 and October 2025, then requiring annual adjustments each January 15th thereafter based on the previous October's inflation data. This legislation primarily affects community banks and financial institutions that are subject to federal limits on debit card interchange fees, allowing them to adjust fees as the cost of doing business rises. The bill has no specified direct federal funding or appropriations since it creates an automatic adjustment mechanism tied to existing economic data rather than new spending programs.
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