Community Bankers Association of Illinois

CBAI Capital Conference Highlights

On Tuesday, April 17, 2012, community bankers from around the state gathered in Springfield to meet with state legislators and regulators on key community banking issues. The event kicked–off with lunch and a keynote address from Division of Banking Director Manny Flores. In his remarks, Director Flores highlighted his good working relationship with CBAI and his commitment to visiting community banks throughout Illinois to hear first-hand the challenges community bankers are facing today. He stated that the Capital Conference attendees are not just leaders of an association but leaders of the state and business community. He emphasized that the community banking system must continue to thrive in Illinois for the economy to recover. Director Flores’s honest and common sense approach to regulation was well received by the attendees.

After lunch and a legislative briefing by Kraig Lounsberry, CBAI Senior Vice President of Governmental Relations, bankers went to the Capitol to meet with their respective state senators and representatives. Bankers urged legislators to oppose SB 16, harmful vacant and abandoned property legislation being pushed by the City of Chicago, and HB 3636 which seeks to make harmful changes to the mechanics liens law. Community bankers also urged legislators to support SB 3171 which will allow community banks without trust powers to again hold and service pre-need funeral accounts, and SB 2534 which will create an expedited foreclosure process for vacant and abandoned residential property.

While at the Capitol, the delegation also met with legislative leaders who discussed the dire budgetary situation and the need for pension and Medicaid reform.

The busy day concluded with the annual legislative reception for lawmakers, regulators, staff members, and community bankers. The well-attended reception at the top of the Springfield Hilton enabled CBAI members to engage legislators, IDFPR regulators, and constitutional officers in a relaxed atmosphere over drinks, heavy hors d oeuvres and a great view of the Capital City.

CBAI thanks all community bankers who attended the 28th Annual Capital Conference and engaged in grassroots lobbying in Springfield. See Highlights!

  800.736.2224 (IL) | 217.529.2265  
  DISCLAIMER: The association is not responsible for and has no control over the subject matter, content, information, or graphics when viewing links attached to this association's site.