Powering Potential: How ICBA's Letters Influence Congress

In the past year, ICBA has sent dozens of letters communicating community bankers’ policy needs to members of Congress and relevant congressional committees. ICBA’s government relations team follows legislation and works across the industry to pass (and stop) salient bills.

ICBA offers expert insight into the financial services industry, says John Coleman, senior director of advocacy for ICBA. “Community banks serve tens of thousands of Americans, and community bankers are plugged in to not just the financial system but also their communities, so legislators need—and want—to hear our unique message,” he explains. 

When is a letter called for?

The process begins with ICBA’s government relations team identifying possible legislation on which its input might be needed, especially those related to ICBA’s annual policy resolutions. Once flagged, the team drafts an official letter. 

“We don’t weigh in on every bill that moves through the House Financial Services Committee, because some of them are not relevant to us,” says Alan Keller, senior vice president of legislative policy for ICBA. “We focus on priorities that we and our leadership bankers have identified in our annual policy resolutions.”

ICBA targets not only individual members of Congress but also committees of jurisdiction like the House Financial Services Committee or the Senate Banking Committee.

Recently, ICBA wrote Sens. Katie Britt (R-Ala.) and John Boozman (R-Ark.) about its support for the PROTECTED Act (S. 2352), which would provide small businesses with relief from the Consumer Financial Protection Bureau rule to implement Section 1071 of the Dodd-Frank Act. 

Who writes the letters?

The letter-writing process is highly collaborative. Keller begins by tapping into ICBA’s collective knowledge to draft the letter. Industry-leading subject matter experts, ICBA president and CEO Rebeca Romero Rainey, members of the government relations team, directly affected community banks, community bank state associations and sometimes external coalition groups opine and contribute. 

Working collaboratively ensures Congress hears the right voice at the right time to improve community banking policy.