Whether it’s buying a mortgage division in 2009 or building a diversified product set in an age of nichification, community bank CEO Luanne Cundiff zigs when pundits say to zag.
Outgoing ABA Chairman Jeff Szyperski issued a rallying call to bankers to “get [their]whole organization involved” in grassroots advocacy.
“Our customers are our most valuable asset,” says Dan Robb, president and CEO of Jonesburg State Bank. “When we see them having trouble getting credit because of regulations that have been put into place, we have to voice that to Congress.”
As the 2020 election cycle gears up, an article today in the Wall Street Journal (subscription required) highlighted ABA’s political engagement efforts, including the association’s plans to spend more than $10 million in support of pro-banking congressional candidates from both parties.
As urban areas across the country grow and change, community development financial institutions like Metro Bank in Louisville, Ky., are meeting the unique needs of these evolving neighborhoods.
given the fierce competition to attract and retain bank customers, what do you do to differentiate yourself? Positioning yourself as a customer advocate is one important way. You can say you have your customers’ best interests at heart, but what can you do to put teeth into that claim?
Tune in for Maxine Waters on cannabis banking and housing finance reform; Mike Crapo on housing finance reform and data security; Kevin Hassett on his 3% economic growth projection for 2019; and three Federal Reserve presidents on the role bankers play in Fed governance.
Learn more about the Summit and bookmark the livestream events on Monday and Tuesday here.
The American Bankers Association announced today that House Financial Services Committee Chairwoman Maxine Waters (D-Calif.) and Kevin Hassett, the chairman of the Council of Economic Advisers at the White House, have been added as keynote speakers at the ABA Washington Summit.
Along with nearly 600 stakeholder organizations, the ABA HSA Council signed onto a letter urging the House to support a bipartisan bill to repeal the so-called “Cadillac tax” — a 40 percent tax on employer-provided health care coverage.