How to join an ICBA committee, subcommittee or council

Want to shape and strengthen ICBA’s arsenal of resources for community bankers? Consider joining a committee, subcommittee or council that speaks to you.

By William Atkinson

ICBA exists to serve the needs of its community bank members, helping them to stay informed, engage their communities better and elevate their local presence. ICBA’s advocacy initiatives provide a unified voice for members to achieve policy goals before Congress, the administration and regulators. And its educational efforts draw more than 120,000 community bankers to participate in training each year.

ICBA also offers a wide variety of product- and service-based solutions. None of these efforts would be as valuable without members’ active involvement in ICBA’s committees, subcommittees and councils. In turn, participating ICBA members have the opportunity to provide input in each area, helping to guide ICBA’s short-term direction and activities, as well as the long-term future of community banking in the United States.

There are a number of opportunities for ICBA members to participate in ICBA’s active committee, subcommittee, and council network. In the next pages, we take a closer look at each.

Councils

The Large Community Bank Council provides a forum for ICBA’s large-community-bank members to raise issues, both regulatory and legislative, to ICBA staff and policy committees. The council discusses issues affecting larger community banks for advocacy purposes, development of educational programs, and creation of products and services that serve the needs of this membership segment. Ron Haynie, senior vice president, mortgage finance policy, and executive vice president, ICBA Mortgage, is ICBA staff liaison to the council. “The council has been instrumental in helping ICBA formulate its policy positions around CFPB supervision and oversight, capital raising and management, Dodd-Frank stress testing, vendor management for larger banks, the impact of the Durbin interchange fee amendment on banks that cross the $10 billion threshold, and how all of the enhanced supervision and regulation influences larger community banks to consolidate,” he says.

“[The Minority Bank Council] provides a valuable forum for minority banks of all demographics to collaborate on the unique opportunities and barriers they face on the regulatory front, and in their respective markets.”
—Kianga Lee, ICBA

The Minority Bank Council represents the interests of ICBA minority bank members by shaping advocacy and education solutions that benefit minority banks and the communities they serve. “[The Minority Bank Council] provides a valuable forum for minority banks of all demographics to collaborate on the unique opportunities and barriers they face on the regulatory front, and in their respective markets,” says Kianga Lee, ICBA’s vice president, administrative operations and staff liaison to the council.

The Mutual Bank Council discusses and reviews issues affecting mutual member institutions, with a secondary purpose of increasing mutual institution awareness and interest within ICBA and promoting membership among mutual institutions.

“The council allows mutual savings institutions to highlight the cooperative nature of mutual banking and the unique role mutual banks serve in promoting and creating economic growth in communities across the US,” says James Kendrick, ICBA’s vice president, accounting and capital policy, and staff liaison to the council. “Members of the Mutual Bank Council support the growth of mutual savings institutions, while ensuring that the many benefits that mutuality provides do not go unnoticed in Washington.”

Standing committees

The primary goal of the Bank Education Committee is to ensure that top-quality educational opportunities are available to ICBA members through appropriate seminars and workshops, as well as print and electronic media, in the most cost-effective manner. The committee markets seminars and workshops to maximize attendance, uses each product and seminar or workshop to its fullest extent to recruit nonmember banks, and maintains contact with leadership bankers to determine ongoing educational needs.

The Bank Services Committee identifies value-added providers of products, systems, services and programs that can help locally owned community banks to be more profitable, retain customers and grow assets and core deposits.

The Bank Operations & Payment Committee addresses myriad policy issues related to the delivery of financial services and payments via in-person, online and mobile channels. The committee supports industry efforts for payments system improvement to ensure the relevancy of community banks in the payments system and in online financial services. The committee maintains ongoing relationships with the Federal Reserve System and a number of public and private sector organizations that play crucial roles in shaping this framework.

ICBA’s Independent Community Bankers PAC (ICBPAC) is a voluntary, nonpartisan political action committee whose mission is to financially support the election of those candidates and members of Congress who have an understanding of community banking. The ICBPAC achieves this mission through the monetary support of its member banks and state/regional partnerships. ICBPAC is an essential tool in the effort to ensure that ICBA members’ common concerns are heard and heeded by those who will make decisions affecting community banks.

The Federal Delegate Board

ICBA’s Federal Delegate Board, with banker-elected representatives from across the country, evaluates and addresses issues related to federal legislation, regulations, court rulings, tax, agricultural/rural America, and lending. The board then recommends legislative and regulatory policy positions to ICBA’s Executive Committee and Board of Directors. The Federal Delegate Board maintains six subcommittees. Members of the subcommittees do not need to be members of the Federal Delegate Board.

1. One of the most important functions of the Agriculture-Rural America Subcommittee is to monitor legislative and regulatory developments affecting community banks in agricultural and rural areas, and then formulate major policies relating to agricultural and rural America, consistent with ICBA policy resolutions. It also works with other ICBA committees on issues related to agriculture and rural policies and programs.

2. The Consumer Financial Services Subcommittee reviews regulatory and policy developments in the area of consumer financial services that may affect community banks. It advocates for targeted regulatory relief that gives community banks flexibility to meet the needs of their customers. The subcommittee supports a balanced regulatory system in which all firms that offer consumer financial products and services are subject to meaningful supervision, examination and enforcement.

3. The Cyber and Data Security Subcommittee advocates for community banks on legislative, regulatory, administrative, and sector developments in the cybersecurity and data security areas. It advances and promotes ICBA policies and positions that will enhance community banks’ ability to effectively defend, secure and protect data without unnecessary regulatory and operational burdens.

4. The Housing Finance Subcommittee advocates for the role of community banks in providing mortgage credit to American consumers. It examines housing finance policies, including regulatory and legislative proposals, government-sponsored enterprise operations and reform, and the Federal Home Loan Banks. Whenever possible, the subcommittee supports housing finance policies that will foster reasonable and equitable treatment of community banks.

5. The Legislative Issues Subcommittee supports ICBA’s congressional relations efforts to reduce unnecessary regulation and preserve and promote a framework in which community banks can flourish in a rapidly changing financial services marketplace. The subcommittee monitors and provides input and analysis on current legislation that affects community banks and helps drive the formation of ICBA legislative policy.

6. The Safety and Soundness Subcommittee advocates for community banks before regulatory agencies, monitoring and providing comment on the effects that proposed rules and regulations dealing with safety and soundness will have on community banks. Examples include banking regulations dealing with capital, corporate governance and online marketplace lending.


William Atkinson is a writer in Illinois.

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