The ICBA Capital Summit is the premier occasion for group bankers trying to advocate for his or her business.
In particular person for the primary time since 2019, the ICBA Capital Summit in Washington, D.C., is your likelihood to make your voice heard by your members of Congress—with help from ICBA each step of the best way.
By Aaron Stetter, ICBA
Neighborhood bankers, pack your luggage for Washington, D.C. After a yr of digital visits, the ICBA Capital Summit—probably the most high-profile and highly effective group financial institution advocacy occasion of the yr—is again in particular person Might 1–4.
No different occasion supplies extra alternatives for group bankers to have interaction with lawmakers, regulators and authorities officers. They’ll advocate for his or her business whereas getting the within scoop from pundits and different insiders. Extra than simply an change of concepts, the ICBA Capital Summit can be a spot the place group bankers can inform their tales en masse, highlighting the fervour and dedication of establishments that drive development and prosperity in America’s communities.
Assembly with members of Congress and their extremely influential employees—usually organized by ICBA’s affiliated state associations—is the one simplest technique to be heard. A examine by the Congressional Administration Basis discovered that in-person constituent conferences with members of Congress and their employees are the simplest technique to affect them.
Visiting a congressional workplace in Washington, D.C., whether or not it’s assembly with the member of Congress or a key employees member, exhibits lawmakers that the problems going through group banks are so vital that bankers are keen to speculate the time to journey and be away from their banks. It’s additionally a step comparatively few constituents take, so it makes those that go to memorable, and is an effective way to begin to construct or reinforce a relationship.
Washington’s main voices
Whereas on the ICBA Capital Summit, group bankers will take pleasure in insights from professional audio system. Up to now, this has included former Treasury secretary Steve Mnuchin, former Senate Banking Committee chairman Mike Crapo (R-Idaho), Senator Joe Manchin (D-W.Va.), Home Monetary Companies Committee chairwoman Maxine Waters (D-Calif.) and lots of extra.
When Crapo and Waters spoke on the summit back-to-back in 2019, The Economist took notice, writing that “the category of the company displays the clout of the hosts … two highly effective guests,” and describing ICBA and its members as “each deeply rooted of their house soil and nicely organized.”
Advocacy teaching
A part of being organized is figuring out what to say and find out how to say it. ICBA supplies in depth teaching and speaking factors on key coverage initiatives to organize group bankers for his or her conferences. World-class coverage specialists put together bankers to profit from their conferences, briefing them on find out how to inform compelling tales that illustrate the challenges of group banking and constructing communities. In addition they assist bankers clarify how particular legislative adjustments would higher serve constituents—whether or not it’s leveling the enjoying subject with credit score unions or adjusting the group financial institution leverage ratio to account for the massive improve in deposits ensuing from federal pandemic monetary reduction.
ICBA teaches group bankers find out how to make “the ask,” in order that bankers know what particularly they’d like a congressperson’s workplace to do—whether or not it’s sponsoring, cosponsoring or voting for a invoice—and after they’d like them to do it.
This yr’s agenda will embrace vital points corresponding to:
- pushing again in opposition to indiscriminate tax will increase, IRS reporting mandates, and unfair credit score union and Farm Credit score System competitors
- urging Senate passage of the SAFE Banking Act and cosponsorship of the Enhancing Credit score Alternatives for Rural America Act of 2021 (ECORA, H.R. 1977/S. 2202)
- elevating consciousness of the necessity to shut the ILC loophole.
Grasstops advocacy
The ICBA Capital Summit sometimes attracts greater than 1,000 attendees desperate to advocate for his or her business and their group in a metropolis identified for its historical past and wonder. They train their fundamental proper to petition the federal government.
There are additionally alternatives to find out about “grasstops” advocacy—those that transcend telling their very own story to assist arrange teams of group bankers. It’s a useful technique to give again to the business and amplify your influence.
In right now’s atmosphere, the place a number of priorities compete for lawmakers’ consideration, the loudest and most persistent voices are the toughest to tune out. Advancing ICBA’s agenda requires the voices of 1000’s of group bankers.
Register for the ICBA 2022 Capital Summit and assist advocate for change that can guarantee vibrant and resilient communities. Don’t miss this chance to listen to straight from these in energy and make the case in your business.
Your business and your group want your voice.
Register for the ICBA Capital Summit 2022
Study extra and register to attend right now.
Necessary notice: The well being and security of all ICBA Capital Summit attendees is high precedence. We’re taking applicable security measures and following all federal and native tips. Washington, D.C., has masks and vaccine necessities for indoor venues, together with resorts and eating places, for these ages 12 and over.
Aaron Stetter (aaron.stetter@icba.org) is ICBA’s govt vp of coverage and political operations
