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Senator Joni Ernst Praises FOTB
in visit with
Friends of Traditional Banking
Leadership Boards
 "I appreciate the support from Friends of Traditional Banking," said United States Senator Joni Ernst (R-IA) in an August 29 visit with FOTB's leadership boards.
"You helped make the difference," she said. "I can't thank you enough for being supportive really when I needed it most."
"Banks play that essential role throughout our community, and are a lifeline to small businesses," she said. "S2155 rolled back some regulations, but there is lots of work still left to be done. We need to better tailor regulations to make sense."
Senator Ernst also discussed how the Senate races are shaping up for 2020, predicting tight races in Colorado, Maine, North Carolina, Georgia, and Arizona. "This is going to be a TOUGH year in these swing states," she said. "But I will outwork my opponents. Thanks to all of Friends of Traditional Banking for making the difference in my races and the other close races you get involved in."
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"I am excited to be a part of an organization like Friends of Traditional Banking that advocates for candidates who can influence legislation and regulation that enables traditional community banks to better serve their customers and communities. The victories that Friends of Traditional Banking makes possible ultimately benefits our customers and our communities."
--Kyle Campbell, Pres. & CEO, Astra Bank
Nationwide Banker Board Member for FOTB, representing KANSAS
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FOTB Backed Candidates Leading the Way for Marijuana Banking Bill
 The Secure and Fair Enforcement Banking Act of 2019, which will provide protections for financial institutions that service cannabis companies, passed the U.S. House of Representatives in September by a vote of 321-103. Nearly all Democrats backed the bill as did 91 Republicans. Backed by the American Bankers Association and the Independent Community Bankers of America, the bill is also being championed by Members of Congress that have been endorsed by Friends of Traditional Banking.
"While banks and credit unions want to serve these businesses, they often have concerns about possible legal implications," said Rep. Andy Barr (R-KY), who helped shape the legislation. "My provisions will give financial institutions the confidence they need to provide services to hemp-related businesses," he said.
As the bill advances to the Senate, it is being championed by Senator Cory Gardner. "The House overwhelmingly approved the SAFE Banking Act, a bill I'm leading in the Senate to address conflicting federal & state marijuana laws that prevent legitimate businesses from using basic financial services," he excitedly tweeted last week. "I'm glad there is strong bipartisan support to solve this issue."
Senator Jon Tester (D-MT) believes that there is an opportunity to resolve cannabis banking issues. "If this is an issue Congress could do anything about, we should do it," he said.
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Welcome to FOTB's new
Nationwide Banker Board members
Most states have a representative on Friends of Traditional Banking's Nationwide Banker Board (if your state is not represented, let us know if you'd be interested in serving). We appreciate the following leaders who have recently stepped up to serve:
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 AMADA ALVIDREZMarket President
Equity Bank
Representing OKLAHOMA with FOTB
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 PATTI MCLAUGHLINChief Credit Officer
Bank of Landisburg
Representing PENNSYLVANIA with FOTB
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 DARELL SMALLPresident & CEO
Town & Country Bank
Representing NEVADA with FOTB
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 REX PHIPPSCEO
Garfield County Bank
Representing MONTANA with FOTB
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Bankers Bank of the West
Central Bank
Colorado Bankers Association
Guaranty Bank & Trust
Gulf Coast Bank & Trust Company
Independent Bankers Association of Texas
Indiana Bankers Association
Kanza Bank
Oklahoma Bankers Association
Seacoast Commerce Bank
Texas Bankers Association
BRONZE FRIENDS
Bank of Advance
Bank of Southside Virginia
Bank of the Pacific
Bank of Utah
Campbell, Kyle
Choice Financial
Community Bank & Trust
Decatur County Bank
First Bank & Trust
First Community Bank
First State Bank
Goudge, James
Illinois Bankers Association
JD Bank
Legacy Bank
Lone Star State Bank
Main Bank
Michigan Bankers Association
Missouri Bankers Association
Monroe Bank & Trust
New Jersey Bankers Association
Oregon Bankers Association
Security Bank
Star Bank Minnesota
Tennessee Bankers Association
Union Bank
Valliance Bank
Webb, Michael
Western Bankers Association
Wyoming Bank & Trust
Learn about how you or your organization can support our operations here:
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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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