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September 2015
13
Community Bankers Association of Illinois
Bank
notes
positions like the associations that
purport to represent both Wall Street
and Main Street institutions.
CBAI Has the Resources and
Mission for Effective Representation
The CBAI government relations (GR)
program exclusively represents the
interests of Illinois community banks
among state and federal lawmakers and
banking regulators. The CBAI Board of
Directors allocates major resources to
this important member-service area in an
effort to serve the association Mission:
The mission of the Community Bankers
Association of Illinois is to provide its
members a competitive edge by effectively
aggregating political, economic, and
marketing power. The CBAI is dedicated
to keeping community banks competitive
for the benefit of their customers and the
communities they serve through delivery
of quality education, effective political
representation, and essential products
and services.
The mission will be pursued with integrity,
equal representation, professionalism,
vision, and responsiveness.
The GR program is led by Kraig
Lounsberry, senior vice president, who
is supported by Megan Peck, vice
president; Jerry Cavanaugh, legal
counsel; Levette Shade, paralegal;
Jessica
Schmidt,
administrative
assistant; and DavidManning, legislative
consultant. A new position was added
in 2009 when David Schroeder joined
the GR team as vice president of federal
governmental relations. Schroeder’s
addition provides additional evidence
of CBAI’s commitment to federal
governmental relations.
Schroeder’s extensive background in
community banking and his experience
in CBAI and ICBA leadership make him
uniquely qualified for this position. CBAI
is the only state community-bank trade
association to dedicate a full-time staff
member exclusively to the federal agenda.
CBAI President Bob Wingert said, “David
Schroeder effectively communicates with
members of the Illinois congressional
delegation as well as federal banking
regulators. With his bank-management
experience, he understands the issues
and makes a compelling case to enact
legislation and promulgate rules in support
of community banks. Our relationships
with federal officials have been
markedly enhanced.”
Schroeder’s responsibilities include
informing the Illinois congressional
delegation about CBAI’s federal policy
priorities. He visitsWashington quarterly
to meet with every office of the diverse
delegation. During these meetings he
encourages support for legislation and
regulations that will benefit Illinois
community banks and opposition to
harmful measures. On an annual basis
Schroeder leads an enthusiastic group
of community bankers on CBAI’s
The ICBA Plan for Prosperity:
•
Amends Basel III to restore its original intent.
•
Provides additional capital for small holding
companies by modernizing the Federal
Reserve’s Policy Statement.
•
Provides relief from Securities and Exchange
Commission rules.
•
Supports a robust housing market by
reforming mortgage lending.
•
Strengthens accountability in bank exams
by providing a workable appeals process.
•
Reforms bank oversight and examinations to
better target risks.
•
Eliminates the annual requirement for
redundant privacy notices.
•
Balances consumer regulation through more
inclusive and accountable CFPB governance.
•
Eliminates arbitrary “disparate impact” fair
lending causes of action.
•
Ensures the viability of mutual banks with new
charter options.
•
Requires rigorous and quantitative cost-
benefit analysis to justify new rules.
•
Cuts red tape in small business lending by
eliminating burdensome data collection.
•
Preserves community bank mortgage servicing.
•
Strengthens the voice for community banks by
creating a Treasury Assistant Secretary
for Community Banks.
•
Modernizes subchapter “S” constraints.
•
Provides a five-year loss carryback to support
lending during economic downturns.
•
Provides risk targeting in the Volcker Rule.
Greg Knapp (Goodfield State Bank); Rachel Wicklund (Goodfield State Bank); Eric Stalter (The Fisher National Bank); Julie Jordal (American Midwest Bank, Sycamore); Jeff Rolczynski
(American Midwest Bank, Sycamore); Bobby Field (The Farmers Bank of Liberty); Mark Field (The Farmers Bank of Liberty); Senator Richard Durbin; Sheila Burcham (Community Trust
Bank, Irvington); Mike Estes (The Fisher National Bank); Greg Ohlendorf (First Community Bank and Trust, Beecher); David Schroeder (CBAI), Tom Marantz (Bank of Springfield); Mitch
Borneman (Heritage Bank of Central Illinois, Trivoli); Chad Martin (Goodfield State Bank)
