What is the difference among bank PACs?

Banking is a critical industry, and we need a wide variety of arrows in our quiver for the greatest impact on Congress!!

State Association PACs: These are important ways to support local and federal candidates and vary from state to state.

National Industry Trade Association PACs:
These target hundreds of candidates around the country. In the 2020 election cycle, the ABA BankPAC and the ICBPAC are averaging a contribution of $6,100 per candidate. 

Friends of Traditional Banking: We're the inverse of a PAC--instead of spreading a little bit of money to a lot of campaigns, we focus a lot of money on a couple of key campaigns. We choose two Congressional races each cycle, and encourage our membership to donate directly to those campaigns. Each of our endorsed candidates end up with hundreds of thousands of dollars from bankers around the country! See success here:

Our hearts and prayers go out to U.S. Rep. Andy Barr (Kentucky) 
and his precious family in the sudden loss of his wife Carol. Rep. Barr is a dear friend of ours and we mourn with him at this time.  

"It's not easy to be the wife of a politician," one friend told PEOPLE of Carol Barr. "She handled that part of it all with the same grace she handled everything."
FOTB Leader to Chair WBA

Dave Joves of Bank of Guam and a member of FOTB's Nationwide Banker Board was recently elected the new chair of the Western Bankers Association. Congrats!
COVID-19 News & Resources

"The Tiny Bank That Got Pandemic Aid to 100,000 Small Businesses," New York Times, https://nyti.ms/2A1PO69 

"In Indiana, Another Credit Union Buys a Community Bank," Credit Union Timeshttps://bit.ly/3832EO3 

"We Were Economic First Responders," ABA Banking Journal, https://bit.ly/2A4XTHm  

"3 Ways a Local Bank Can Help Your Business Stay Connected with Your Community," Business Insightshttps://bit.ly/2YtwxEb 

"Bank Branches: There's No Going Back to Pre-COVID Days," The Financial Brandhttps://bit.ly/2NrU2XV 
Info for bankers from FOTB's Platinum Partner: BankOnIT

"Last week, I hosted a complimentary webinar for members of the Community Bankers Association of Kansas, and feedback showed that top industry concerns were monitoring and compliance demands," said Sharon Bracken, Senior Audit and Regulatory Manager at BankOnIT.  

"Training and resources regarding due diligence, cybersecurity, IT management and risk management can help banks with oversight and accountability regarding confidentiality and the integrity of their data," she said. See what advice she gave these bankers here: https://www.bankonitusa.com/articles/post/four-tips-to-improve-monitoring-and-compliance-demands 

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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Friends of Traditional Banking, 175 South Main Street, Ste 1420, Salt Lake City, UT 84111
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