Friends of Traditional Banking Made An Impact, Continues To Grow
We are Friends of Traditional Banking, organized earlier to target specific Congressional races important to our industry. We made a big impact in the 2012 race and continue to gain momentum!
"We now have hundreds of members in 30 states, and we were able to energize them to donate directly to Sen. Scott Brown's race in Massachusetts and Sen. Dean Heller's race in Nevada," said Matt Packard, CEO and president of Central Bank in Provo, Utah and chair of Friends of Traditional Banking.
"Over two hundred thousand dollars from our allies poured into those two very close races," said Rick Sanborn, CEO and president of Seacoast Commerce Bank in San Diego, and a board member of Friends of Traditional Banking. "It was a fantastic effort by an organization that has been around just a few months," he said.
Although Scott Brown did not prevail in his close Massachusetts contest with Elizabeth Warren, Heller held off a challenge by Rep. Shelley Berkley by a narrow 45.9% to 44.7%. The support by Friends of Traditional Banking was a critical part of the coalition that led to his victory in a very close race.
"I am so grateful" said Senator Heller in a statement after the election. "This was a hard fought campaign," he said, and he is looking forward to resuming his work in Washington where, in his words, "we must pass policies that encourage entrepreneurship and allow the middle class to thrive."
Senator Brown appreciated the many efforts in his race, as well. "I couldn't have asked for better allies and friends to see it through," he said on Election Night. "There are not words to express the gratitude I feel."
Friends of Traditional Banking is already looking to 2014, when they hope to make an even bigger impact on key Congressional contests. "We were able to aim hundreds of thousands at races this time, and are working to make that a few million next time," said John Boyer, CEO and chairman of Kanza Bank in Kingman, Kansas and a Friends of Traditional Banking board member.