Page 14 - BOD 4-20-17

CBA Board of Directors, CBA office, Thursday, April 20, 2:00pm-4:00pm Page 14.

Bennet, 3-4 consumer reps & 2- ➢ Need TAILOR,
Perlmutter 3 bankers portfolio, Durbin,
CFPB reform
• Customer impact
➢ Video
➢ Anecdotes
➢ Data
➢ Endorsements
➢ Moderate reform –
4 priorities
Unreceptive Small meetings in 2 Quarter • Customer impact
nd
Dems (2) – person – carefully ➢ Video
DeGette, Polis chosen (and educated) ➢ Anecdotes
3-4 consumer reps (no ➢ Data
bankers) ➢ Endorsements
➢ Moderate reform –
4 priorities

• Constituent Contact
➢ CBA will organize bankers getting customer groups engaged in 4 targeted seats

• Arguments
➢ Bank impact
▪ Summary
▪ Data
• The number of U.S. banks has fallen by 24% since the end of 2010, a result of mergers
and a dearth of de novo activity. Colorado-domiciled banks have fallen 25% (117 to 88)
in that same period.
▪ Need TAILOR, portfolio, Durbin, CFPB reform
➢ Customer impact (brief)

OTHER
• Bank regulatory vacancies – President Trump appoints
➢ Federal Reserve Board of Governors (3 of 7 seats vacant)
▪ Vice Chairman – position manages bank supervision
▪ Board member – 1 must possess community banking experience
▪ Board member
▪ Chairman Yellen’s term expires as Chairman February 2018 although her appointment to
the Board doesn’t expire until 2024 (but would she stay if she isn’t the Chair?)
➢ OCC
▪ Comptroller Curry’s term expired 4/9/17 but can and is expected to stay until a successor is
nominated and confirmed
➢ FDIC (3 of 5 will be vacant soon, and the other 2 could change)

Colorado Bankers Association 140 East 19th Avenue, Suite 400, Denver, Colorado 80203
Phone: 303.825.1575, Fax:303.825.1585, www.ColoradoBankers.org, www.SmallBizLending.org, www.FinancialInfo.org
Creating a stronger economy and helping Coloradans realize dreams by building better banks.