View as Webpage

UPDATE

February 1, 2023

NBA Board Approves Legislative Agenda

Last Week, the NBA Board of Directors met to determine final positions on legislation based on recommendations made by the NBA Government Relations Committee.


In addition to the five measures on the NBA's affirmative legislative agenda, the Board evaluated bills related to banking, business, economic development and taxation.


Legislative Agenda:


The Board also approved Bank of America and Bankers Trust Company as financial affiliate members of the NBA.


Associate member applications from CliftonLarsonAllen LLP, Level Up Facilitation Group and the Nebraska Economic Development Corp. were also approved.


The Board of Directors and Government Relations Committee met in conjunction with the NBA State Government Relations Forum. The annual event is an opportunity for bankers and legislators to discuss issues of importance to banks and the communities they serve. The NBA was fortunate to have a number of state Senators join bankers for lunch.

Sen. Jana Hughes (Seward) and Sen. Robert Dover (Norfolk) were among the legislators who spent time with bankers from their districts at the NBA State Government Relations Forum.

Get Recognized for Your Financial Education Efforts

From giving financial literacy presentations to hosting an intern or running an in-school savings bank, Nebraska banks work hard to provide financial education to their communities. We want to recognize your efforts through our Leaders in Financial Education (LiFE) Awards.


These awards are open to all NBA-member banks. Winning banks will be celebrated during the Recognition Awards Breakfast on May 5 during the NBA Annual Convention in La Vista. The deadline to submit your LiFE Awards application is Feb. 28.

Learn More and Apply

Join Advocacy Efforts in D.C.

If you are driven to create a stronger banking industry and community for the future, this opportunity is for you! Two $1,500 scholarships are available to help emerging leaders advocate for banking. The NBA is matching the scholarship for emerging leaders to attend the NBA Washington Legislative Visit and the ABA Emerging Leaders Forum and Washington Summit in Washington, D.C., on March 20-22. To enter the drawing to win, submit your information by Feb. 13 to Ron Arrigo at the NBA at ron.arrigo@nebankers.org.

Legislative, Policy & Regulatory Updates

NBA Testifies on LB 67

Earlier this week, the NBA testified against LB 67, which would require the state treasurer to ensure that state money placed with financial institutions is not “used for social or political purposes.” In an interview with American Banker, NBA General Counsel Bob Hallstrom said, "We are working to make sure that [LB 67] gets back to the intent of having the state treasurer remain neutral with regard to exerting any influence or direction over financial institutions regarding their banking activities or practices." The NBA is working closely with Sen. Julie Slama and State Treasurer John Murante on amendments to ensure that the language in the bill matches up with its intent.

Article (Requires Login)

Legislative Update

Jan. 27, 2023

 

Stay up to date by subscribing to the NBA Legislative Update. Sent every Friday during the legislative session, the newsletter recaps the week in the Nebraska Unicameral and issues affecting the banking industry.

Subscribe

Senate Announces Committee Assignments

Congratulations to Nebraska’s Senators on their committee assignments! Sen. Deb Fischer will join the Appropriations Committee in the 118th Congress. Fischer will continue to serve on the Agriculture, Commerce and Armed Services Committees. Newly appointed Sen. Pete Ricketts has been named to the Foreign Relations and Environment and Public Works Committees and the Special Committee on Aging.


Kansas City Fed Names Interim President

Kelly Dubbert, first vice president and chief operating officer, was named interim president and CEO of the Federal Reserve Bank of Kansas City. Esther George, who led the bank since 2011, reached the mandatory retirement age of 65 and retired yesterday. A search committee formed last May has not yet named a permanent successor for George.

Learn More


Fed Issues Guidelines on Crypto Requests

A new Federal Reserve policy statement describes how it will evaluate requests from state-chartered but non-FDIC-insured financial institutions that want to engage in novel banking activities, like crypto-asset transactions. The statement is intended to promote a level playing field for all banks by subjecting both uninsured and insured banks to the same limitations on activities.


The same day the policy statement was released, the Fed denied Wyoming-based digital asset company Custodia Bank's application to join the Federal Reserve System.

Read the Statement

Upcoming Events


To see the complete event schedule, visit the NBA Event Calendar.


Graduate Schools of Banking Opportunities 

Enrollment is open for the Graduate School of Banking at Colorado’s next session, July 16-28, 2023, in Boulder, CO. Learn more and apply here.


The Graduate School of Banking-Wisconsin (GSB-Wisconsin) and the NBA are co-sponsoring a variety of schools throughout 2023 including: Bank Technology Management, Bank Technology Security, HR Management, Financial Managers, Sales and Marketing, and Digital Banking.

2023 Full Schedule

Banks & Bankers


Jan. 25 - 31


Email your news, press releases, photos and/or newspaper articles to be published in Banks & Bankers. Send content to news@nebankers.org.

Facebook  Twitter  LinkedIn  Instagram