Over 130 Texas community bankers and industry partners concluded two days of Hill visits and discussions with all of the federal regulatory agencies last week as part of a nationwide fly-in sponsored by IBAT and ICBA. IBAT bankers visited some 30 members of the Texas Congressional delegation in efforts to promote issues unique to community banks including a host of bills that would provide targeted regulatory relief and to work against efforts by credit unions to expand their member business lending (MBL) authority.
“It was gratifying to see the offices packed with Texas community bankers,” said IBAT President and CEO Chris Williston. “Texas can be proud that our record-breaking crowd accounted for almost 15% of the bankers attending from across the country, and we are in the debt of so many who took the time to participate in the event largely at their own expense.”
In addition to the Texas Congressional visits, participants were treated to a group session to hear addresses by Texas Representatives Pete Sessions, Randy Neugebauer, Jeb Hensarling, Ruben Hinojosa, Francisco “Quico” Canseco, along with Chairman of the House Financial Services Committee Spencer Bachus (R - AL), and senior Senator Kay Bailey Hutchison. Additionally, House Financial Services member David Schweikert (R - AZ) offered his observations on community banking and the legislative process. Group meetings were held the following day with the Consumer Financial Protection Bureau, the Office of the Comptroller of the Currency, FDIC and Federal Reserve.
The annual Washington Policy Summit is one of IBAT’s most important legislative events and has occurred in the spring for the last 20 years, each year exceeding the previous year’s participation. Our sincere thanks again to all of our IBAT members who participated in this important and impressive showing of commitment to our industry.