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Our Advisory Council and Nationwide Banker Board have narrowed down the Top Ten Races for Community Bankers to a Final Four. As a non-partisan organization, it is notable that this cycle's final four candidates are all Republican. However, not a single Democratic U.S. Senator was in a race listed as "Toss Up" by the political handicappers, so our focus has shifted to some of our Republican Senate friends who are. We will narrow this list further in the weeks ahead to come up with our final two endorsements like last cycle, but in the meantime, if you can help them, here are (in alphabetical order):
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Final Four Critical Races 2020
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Representing Iowa in the Senate since 2015, Sen. Ernst has been helpful to our industry as a "yea" vote on the Economic Growth, Regulatory Relief, and Consumer Protection Act; on the Agriculture Act of 2018; and the Indirect Auto Lending and Compliance with the Equal Credit Opportunity Act. Her opponent is Democrat Theresa Greenfield, a former Congressional candidate. The Cook Political Report judges the race as "Toss Up," Sabato's Crystal Ball has it "Toss Up," Inside Elections has it "Toss Up." Real Clear Politics polling average has Greenfield +0.3%. Ernst was one of FOTB's two endorsed candidates in 2014. Learn more or contribute to her race here: https://joniernst.com
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Representing Colorado in the Senate since 2015, Sen. Gardner has been helpful to our industry as a cosponsor of the SAFE Banking Act and a "yea" vote on the Economic Growth, Regulatory Relief, and Consumer Protection Act; on the Agriculture Act of 2018; and the Indirect Auto Lending and Compliance with the Equal Credit Opportunity Act. His opponent is former governor John Hickenlooper. The Cook Report judges the race as "Toss Up," Sabato has it "Leans D," Inside Elections has it "Tilt Democratic." Real Clear Politics polling average has it as a "Toss Up." Maine and Colorado are the only two states that voted for Hillary Clinton in 2016 where a Republican senator is defending their seat. Gardner was one of FOTB's two endorsed candidates in 2014. Learn more or contribute to his race here: https://www.corygardnerforsenate.com
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Sen. Martha McSally (R-AZ)
Representing Arizona in the Senate since being appointed by the governor in 2018, Sen. McSally has been helpful to our industry as a supportive member of the Senate Banking Committee. She faces popular astronaut Mark Kelly in November. The Cook Report has it a "Lean D" and rates the state R+5. Sabato has it "Leans D," Inside Elections has it "Tilt Democratic," and the Real Clear Politics polling average has Kelly +7.5. Learn more or contribute to her race here: http://www.mcsallyforsenate.com
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Representing North Carolina in the Senate since 2015, Sen. Tillis has been helpful to our industry as a member of the Senate Banking Committee, a cosponsor of the Economic Growth, Regulatory Relief, and Consumer Protection Act; a cosponsor of the SECURE Notarization Act; and a "yea" vote on cosponsor of the SAFE Banking Act and a "yea" vote on the Agriculture Act of 2018; and the Indirect Auto Lending and Compliance with the Equal Credit Opportunity Act. His opponent is former state senator Cal Cunningham. The Cook Report judges the race as "Toss Up" and pegs North Carolina at R+3. Sabato has it "Toss Up," Inside Elections has it "Toss Up," and Real Clear Politics polling average as Cunningham +3.5. Learn more or contribute to his race here: https://www.thomtillis.com
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Info for bankers from FOTB's Platinum Partner: BankOnIT
Is your CIO a Revenue-Generator?
With a rapidly changing technology environment creating competitive challenges and more risks every day, one key individual CEOs are looking to is the chief information officer. In a recent BankOnIT focus group, we found the narrative for many of our longtime clients has evolved to include the chief information/technology officer as a key member of the executive team.
See what three key attributes of a bank CIO are here:
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Banking News & Resources
"Paycheck Protection Program lending delivered in communities of all kinds," ICBA News, https://bit.ly/2QpmTh7
"State Banker Associations to FHFA Director Calabria: Opposition to the GSE Refi Fee," ABA News, https://bit.ly/2G1XqID
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Learn how you or your organization can support Friends of Traditional Banking:
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PAID for by Friends of Traditional Banking. NOT authorized by any candidate or candidate's committee.
Friends of Traditional Banking is a non-partisan grassroots effort organized by bankers in 2012 to improve the political and regulatory environment for the traditional banking industry in the U.S. FOTB is the inverse of a PAC--instead of spreading a little bit of money to a lot of campaigns, they focus a lot of money on a couple of key campaigns.
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