Page 8 - 2Q 2018 June Reporter
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New Tools to Tell the


                             Story of America’s Banks




                                                  by Rob Nichols, President and CEO
                                                     American Bankers Association
        Rob Nichols


            One of the reasons the banking industry is seeing    understands the business, understands community,
        an improved policy environment in Washington is          understands what we’re doing, our challenges and
        because bankers have spent the last few years telling    that Mother Nature plays a big role.”
        their stories.
                                                                    Still more stories demonstrate banks’
            They didn’t ask for regulatory relief because they   commitment to local nonprofits and revitalizing a local
        were tired of red tape (even though they undoubtedly     neighborhood, and spotlight ways bank employees
        are). They asked for regulatory reform because rules     have gone above-and-beyond for their customers,
        were making it hard for their banks to make good         including one who checked up on an elderly customer
        loans to creditworthy customers and were diverting       daily – including weekends and holidays -- for more
        resources that could be better spent helping their       than 10 years.
        communities thrive. Those stories – of how a perhaps
                                                                    One must-see video on the site (under “Helping
        well-intentioned but poorly executed provision in law
                                                                 Communities”) is a special eight-minute documentary
        was harming the people it was supposed to help –
                                                                 ABA produced that demonstrates how three banks of
        have made a difference.
                                                                 very different sizes, all on one city block, collectively
            ABA, too, has been telling bankers’ story. We        drive growth and renewal in downtown Denver.
        started our reputational campaign a couple years ago     The focus is Denver – but it’s a story playing out in
        with a special website – aba.com/AmericasBanks –         countless communities across America, providing a
        that offered data illustrating the role banks play in their   visual illustration of how bankers support the activities
        communities and the economy. In April, we took our       and growth of manufacturers, property developers,
        efforts up several notches with a reimagined site that   service businesses, nonprofits and others as those
        really brings that data to life.                         companies and organizations drive employment and
            Visit aba.com/AmericasBanks and you’ll find not      opportunity in the city.
        only national statistics on how much banks have lent to      What you find on the America’s Banks site is
        small businesses, farms, homeowners and state and        just the beginning. We have more material we’ll be
        local governments, but also – for the first time -- an   rotating in later, and we hope you’ll help us keep
        interactive map that allows you to see banks’ economic   the content fresh by sending similar videos, photos,
        impact by state. Data points include jobs, branch/office   customer testimonials or employee stories to
        locations, mortgage, small business and small farm       AmericasBanks@aba.com.
        loans; customers and volunteer hours donated.
                                                                    We also ask that you help us amplify the good
            You’ll also find anecdotes, photos and videos –      news by sharing the site far and wide. For help in
        most submitted by banks – that show what their retail    doing this, please download our social media guide at
        and business customers value most in them. Such          aba.com/AmericasBanksGuide.
        customer testimonials include praise for a bank’s
                                                                    `By amplifying the story of America’s banks,
        mobile app, the support provided following a hurricane
                                                                 you can help policymakers and the public better
        and the guidance that helped one couple buy their
                                                                 understand how banks deliver jobs, growth, safety
        first home. As one customer put it when describing
                                                                 and convenience.
        his raspberry farm’s decades-long relationship with a
        local bank, “it’s super important to have a bank that



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