Congressman Barr to Meet with FOTB Leaders

Congressman Andy Barr (R-KY) meeting with Friends of Traditional Banking

U.S. Representative Andy Barr is a powerful member of the House Financial Services Committee and chairs the Subcommittee on Financial Institutions and Monetary Policy. He recently reintroduced the Fair Access to Banking Act, denounced the CFPB’s Small Business Lending Rule, and also pressed the Fed and FDIC regulators on the recent Silicon Valley Bank failure. We're excited that he has agreed to meet with FOTB leadership on May 16 and look forward to learning his perspective on the latest actions with Congress regarding banking. He's a leader we have been proud to endorse before.

Current Banker Board Openings

FOTB is governed by an Advisory Committee (made up of state banking association execs), a Nationwide Banker Board (consisting of a bank exec from each state), and an Executive Committee (a combination of both!). (See full list HERE)

Banker Board members help select which candidates we endorse, assist in spreading the word about FOTB in their state, and join exclusive calls with Members of Congress (like Rep. Andy Barr, above).

We currently have openings in the following states:

-Alaska -Illinois -Mississippi -Florida

-Hawaii -New York -Virginia -Delaware

-Idaho -Vermont -Maine -New Jersey

-Michigan -Massachusetts -Connecticut -Rhode Island

If interested in joining the board or nominating someone, please contact us at mike@friendsoftraditionalbanking.com

Traditional Banks Seen as

More Vital Than Ever

In light of recent bank failures, beginning with Silicon Valley Bank's collapse last month, traditional banks with low percentages of uninsured deposits are considered more essential than ever. Community and regional banks proved themselves during the COVID pandemic, and their importance to America's economic fabric is once again recognized. Consider:

Consumer trust in banking industry was not shaken by recent failures of large financial institutions, according to a new Morning Consult poll.

"Community Bankers Emphasize Calmness, Stability Amid Crisis" reports BankDirector.com.

In the Wall Street Journal, we read that "America Needs Its Small Banks," especially in light of the SVB collapse.

SPONSOR'S CORNER

Missouri Bank Uses Tech to Scale and Grow

A message from our sponsor BankOnITUSA:

Meet Saint Louis Bank’s CEO, Travis Liebig, who discusses the importance of BankOnIT in their strategy to scale their operation at every possible turn. Learn also how this relationship was able to bring banking peers and other industry leaders to Saint Louis bank to share ideas and growth levers.

See the case study of Saint Louis Bank with our platinum sponsor, BankOnIt HERE: https://www.bankonitusa.com/client-stories/saint-louis-bank/

Want to provide content in our Sponsor's Corner? Reach out about being a partner! mike@friendsoftraditionalbanking.com

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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.