What do a Montana Senator and a Kentucky Congressman have in common?
 
They were the two traditional banking friendly candidates endorsed by Friends of Traditional Banking last cycle! Sen. Jon Tester (MT) and Rep. Andy Barr (KY) won their tight races in part due to thousands like YOU around the country who supported them.
 
Where else has FOTB helped tip the scales? See the list here:
 
THIS IS WORKING!!
FOTB LEADERS IN THE NEWS: The article below is an example of where our leaders have been published recently in outside publications that may be of interest to our members.
America's community banks in danger of extinction due to credit union tax loophole
 
"In 1994, there were only 14 credit unions in the nation that were $1 billion or larger. Today, there are 300 and growing," said Friends of Traditional Banking Advisory Council Member 
Alex Sanchez, who is also president and CEO of the Florida Bankers Association, in a recent FOX Business op ed. 
"Meanwhile, according to FDIC official records, the number of  banks in our nation is at the lowest point in recent history. From a high of 18,033 in 1985, there were 5,477 as of the third quarter of 2018."
 
Read his full op ed here
The messages below are provided by Platinum Friends of FOTB. If you or an organization you know is interested in becoming a Corporate Friend, email mike@friendsoftraditionalbanking.com
ICBA Urges More Meaningful 
Capital Simplification
The Independent Community Bankers of America® (ICBA) called on federal banking regulators to exempt more community banks from risk-based capital requirements, as authorized by Congress in the Economic Growth, Regulatory Relief, and Consumer Protection Act.
 
Defending shareholder value includes managing technology risk
BSA officers at institutions across the country were recently targeted by a malicious email attack. Cyber criminals appeared to target email addresses of BSA officers associated with the US Treasury's FinCEN 314_b list. The language contained in the malicious email requested a review of client details found in an attached file and referenced anti-money laundering and other terms that would be familiar to a BSA Officer.
 
Called "spear phishing" attacks, there are ways to resist them. Read more about tips from our partner at BankOnIT for how to meet these threats: https://www.bankonitusa.com/Articles/Q22019ITD.pdf
 
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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