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View from CBA January 11, 2013
The much-awaited "grandfather of all rules," QM, finally arrived from the CFPB this week. CBA will hold amembership call this Monday, January 14, 2013, at 2 p.m. ET to discuss the new rule and what it means for retail banks. At first blush we think it is a balanced approach, but have some concerns about the timing for implementation. Join us on the call for a full analysis with guest speaker Larry Platt of K&L Gates.
Membership Call on QM
Monday, January 14, 2013, at 2:00 p.m. ET
CBA In-Bank Training Goes to Asia
Our In-Bank Training program will make its inaugural overseas trip next week to Singapore for a session with The Asian Banker, to be followed by a February session in Dubai. We are excited to expand this program to new markets and more of our member banks. If you are interested in holding In-Bank Trainingat your office, please contact Mike Allen or Melissa Cabocel.
We are just two months away from CBA LIVE 2013 "The Future of Money" in Phoenix and our program is filling up with CFPB speakers, featuring a lunch session on Tuesday with one of their senior officials. CFPB speakers also appear on many of our forum programs: Auto Finance, Community Reinvestment, Digital Channels, Fair and Responsible Banking and Student Lending. Don't miss your chance to hear directly from CFPB leadership about their 2013 agenda and to ask them your questions.
CBA LIVE will also feature our annual golf tournament, sponsored by Dealertrack who will cover the cost for all bankers who wish to play. A new addition to our event is a silent auction to support the CBA Foundation's Banking on Youth competition. Be sure to check it out on Monday and bid for a chance to win golf with me or a Chesapeake cruise with our Chair, Bob Kottler.
Joe Belew Award
CBA thanks all of our member banks who applied for this year’s Joe Belew Award. The winner of the this year’s competition - focused on housing in low- and moderate-income communities - will be announced during a general session at CBA LIVE.
Day at the Bank
This week, CBA's Pace Bradshaw traveled to Chicago for a meeting with President of First American Bank John Ward - Former CBA Chair and Current GRC member - as well as Congressman Peter Roskam, member the House Ways & Means Committee and Chief Deputy Whip. They talked about the state of the banking industry, including small business lending, the regulatory landscape and other important issues impacting consumers and banks. CBA values the opportunity to connect members with their elected representatives to help ensure Members of Congress are hearing from the industry and how it is impacting their constituents and their district or state.
Following the meeting, Pace visited with John and members of the First American team including General Counsel Frederick Snow, CFO Donald Roubitchek and Associate General Counsel Sean Rahilly. It was a great day for CBA and our team always enjoys the opportunity to meet with our membership in their bank.