The Truth: Why Small Banks are Disappearing 


Michael Steen, President and CEO of The Community Bank in Zanesville, Ohio, (and member of the FOTB Executive Board) feels so strongly about what is happening to community banks, he has launched a video series on YouTube entitled "Trust the Truth." 

If you are concerned about the negative impact of misguided federal policies on traditional banking and local communities, this will be a series worth following.

The Economist captures plight of Traditional Banking

Our story is finally breaking through all the politics and rhetoric aimed at Wall Street! The June edition of The Economist captures the components of the plight of traditional banking.  Now we just have to get members of Congress to read and ACT!  Read the article here:
Shettlesworth & Childears named to FOTB Executive Committee

As Friends of Traditional Banking continues to grow, so does its Executive Committee. Last month, two new leaders were named as Ron Shettlesworth was promoted from the Nationwide Banker Board, and Don Childears was promoted from the Advisory Council.
Ron Shettlesworth is Chief Executive Officer of Main Bank, based in Albuquerque, New Mexico with approximately $130 million in assets. He is a graduate of The University of Texas at Austin and the Southwestern Graduate School of Banking. He has been a community banker since 1972 in Texas, Arizona, and New Mexico, the last 36 years in Albuquerque.
Ron and his wife, Mary Ellen, have two married sons, one of whom works with him at Main Bank. They have three granddaughters and one grandson between them. He served as Chairman of Independent Community Bankers Association of New Mexico during the 2014-2015 year, and he currently sits on ICBA's National Consumer Financial Services Subcommittee. 
Don Childears has been President/CEO of the Colorado Bankers Association since1980, making him the longest serving among his colleagues. He started in 1975 as CBA's principal lobbyist. Prior to that he did Congressional campaign work and legislative analysis on Capitol Hill in Washington, DC. He has a Juris Doctor from the University of Denver College of Law, completed Graduate School of Banking at Colorado, University of Colorado, and holds a BSBA (Marketing) from Colorado State University where he was also student body president.
Don has been on the American Bankers Association's Board of Directors, BankPac, Government Relations Council (Administrative Com), and Regulatory Relief Task Force (chair). He was born and raised in Saguache (a town of 600 in rural south central Colorado) and is married to Linda Childears, President of the Daniels Fund ($1.5B charitable foundation) in Denver.  
Five states gain new reps on Nationwide Banker Board

We welcome the following new additions to the FOTB Nationwide Banker Board:

GEORGIA- Adam Smith, Vice President, First National Bank of Coffee County

IDAHO- Tom Romrell, Pres. & CEO, The Commerce Bank

KENTUCKY- Wade Berry, Pres. & CEO, Farmers Bank & Trust; and Kevin Mullins, Pres. & Chief Banking Officer, Inez Deposit Bank. They took the place of Joye Hunt, SVP & CFO, PBK Bank, who was promoted to the Executive Committee.

LOUISIANA- Boyd Boudreaux, Pres. & CEO, JD Bank. He took the place of Guy Williams, Pres. & CEO, Gulf Coast Bank & Trust, who was promoted to the Executive Committee.

NEW HAMPSHIRE- Steve Bianco, SVP & Senior Lender, Savings Bank of Walpole

We have a goal of having each state represented on our Nationwide Banker Board to help us grow. Is your state represented? Please look at our leadership roster and see if you are represented: http://friendsoftraditionalbanking.com/index.php/our-leadership 

Please let us know if you would like to learn more on how to get involved. Are you a leader? Email: mike@friendsoftraditionalbanking.com
 
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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Friends of Traditional Banking, 175 South Main Street, Ste 1420, Salt Lake City, UT 84111