Friends of Traditional Banking - Is this the year for reg reform

Elections Have Consequences

In 2016, bankers around the country and our allies donated nearly one million dollars to the Senate races of Sen. Pat Toomey (PA), Sen. Kelly Ayotte (NH), and Sen. Rob Portman(OH).

Thanks in part to YOU, Toomey and Portman have returned to the Senate, and in the majority with bold plans to help our economy.

"Now, thanks to your support," Sen. Toomey recently wrote us, "I will also work to advance pro-growth policies...and roll back regulations and harmful legislation like Dodd-Frank."

The 2016 campaign was a "yuge" reminder that elections matter, and that Friends of Traditional Banking should continue to be vigorously involved. Thank you for your continued support!

Abston Named New Chairman

Ty Abston, Chairman of the Board and CEO of Guaranty Bank & Trust, has been elected the 2017-18 chairman of Friends of Traditional Banking. In addition to running a $1.8 billion community bank, with 26 bank locations throughout Texas and over 400 employees, Mr. Abston has served on the Executive Committee of Friends of Traditional Banking for the past two years, and previously represented the state of Texas on FOTB's Fifty State Banker Board.

During his 29 year career in banking, he has also served on the Board of Directors of the Federal Home Loan Bank of Dallas and Independent Bankers Association of Texas. He is past President of the Mount Pleasant Industrial Foundation, Mount Pleasant Habitat for Humanity and the Northeast Texas Water Coalition.

Mr. Abston earned his BBA in Finance from the University of North Texas, his MBA in Finance from Texas A&M University-Texarkana and is a graduate of American Bankers Association National Commercial Lending School. In 2013 he was honored as a recipient of the Distinguished Alumni Award from Texas A&M University-Texarkana.

He lives in Dallas. He and his wife Anne have two grown children, a daughter Taylor and son Tanner.

Get involved!

We use the year between elections to build and grow our ranks. There is a place for YOU to serve in a volunteer role helping to strengthen the voice of banks in elections. Please let us know if you would like to learn more on how to get involved. Are you a leader? Email:mike@friendsoftraditionalbanking.com

BankOnIT Deploys Virtual Engineers

BankOnIT has implemented a new service into its Banker's Private Cloud® solution that allows technical issues to be addressed more accurately, more efficiently and with faster resolution times for client banks. These improved capabilities are only available through BankOnIT's own virtual engineers.

The Bankers Private Cloud® Virtual Engineers utilize artificial intelligence (AI) decision support systems while simultaneously working alongside human engineers. The combination provides capabilities that are not possible with people or AI systems alone. Learn more here: http://blog.bankonitusa.com/?q=node/49

This message provided by a Corporate Friend of FOTB. If your organization is interested in becoming a Corporate Friend, emailmike@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.