Nominate Friends & 
WIN $100 Amazon gift card!

Need a little holiday cash? Between now and Friday, December 6, whomever nominates the most friends to be members of Friends of Traditional Banking will receive a $100 Amazon gift card.

It's easy to nominate using the simple form here: 

Remember, there is no charge for you or them to be listed as a Friend of Traditional Banking. And don't forget, NOW is the time to build our ranks so that we can weigh in together on a couple of key races in 2020!
Tell Congress to support banks & farmers

Please contact your Washington delegates and ask them to cosponsor HR1872 and S1641.

H.R. 1872 and S. 1641 are companion bills filed in the United States House and Senate, known as the "Enhancing Credit Opportunities in Rural America Act of 2019" or "ECORA Act of 2019", which would make interest earned from certain types of farm loans exempt from federal taxes. The types of loans included in the exemption include real property used for the production of agricultural products and single family residences located in a rural areas (2,500 or less).

The tax exemption only applies to "qualified lenders" that are defined under the bills as any bank or savings association the deposits of which are insurance by the FDIC.

Thus, these bills would help banks offer more credit to farmers AND help equalize the playing field for banks as against Farm Credit System.


"With the persistent support of Friends of Traditional Banking, I was able to pass my bill, the Portfolio Lending and Mortgage Access Act, and was proud to work to include this important legislation in the recently enacted Economic Growth, Regulatory Relief and Consumer Protection Act, which is the most pro-growth, financial regulatory relief legislation in a generation."

--Rep. Andy Barr (R-KY)  

Learn how you or your organization can support Friends of Traditional Banking:
PAID for by Friends of Traditional Banking. NOT authorized by any candidate or candidate's committee.
Friends of Traditional Banking is a non-partisan grassroots effort organized by bankers in 2012 to improve the political and regulatory environment for the traditional banking industry in the U.S. FOTB is the inverse of a PAC--instead of spreading a little bit of money to a lot of campaigns, they focus a lot of money on a couple of key campaigns.

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