As one of the largest state banking trade associations and one of the largest state trade associations in the country, CBA has a long and proud history of providing its member institutions with the tools and resources to succeed in California’s dynamic banking marketplace.
The California Bankers Association (CBA) and Beacon Economics have released a report, “The Economic Impact of California Banks” which examines the critical role banks play in supporting California’s economy and the communities where they do business. We have also produced a video that complements and highlights the important findings in the report.
The report is authored by Chris Thornberg, Ph.D., founding partner at Beacon Economics, and updates a previous study conducted in 2013.
SACRAMENTO – The California Bankers Association (CBA) today announced that Kathie Sowa, commercial banking market executive and market president of the greater Sacramento region for Bank of America Merrill Lynch, will serve as the 2017-2018 chair of the board of directors for California’s largest banking trade association. Sowa leads commercial banking teams serving clients in the Central Valley and Central Coast of California, and she is also the greater Sacramento market president serving the 1,200 employees in the 7 counties in the market.
Keeping up with the latest regulatory changes and compliance issues can be more than a full-time job. If you’re like most financial services professionals, you have little free time to devote to this top business challenge. You won’t want to miss one of the finest compliance programs in the West where nearly 200 BSA/AML officers, compliance officers and attorneys representing our members are all in search of the best education, products and services available to their institution.
Check out our highlight video of the 10th Annual Women in Banking Forum held on May 25, 2017, at the Laguna Cliffs Marriott Resort & Spa in Dana Point, CA.
Video by Glenn Younger, CBA’s Manager of Professional Development
To assist California bankers pursuing their professional goals, the California Bankers Association (CBA) is offering a number of scholarship opportunities available to any full-time employee of a CBA-member bank who is employed in California. View our 2017 Scholarship Initiative Flyer.
How to Apply, Rules and Qualifying Schools, Certificate Programs and CBA Programs
CBA scholarships will be awarded, upon successful application to pay for the following:
Tuition for the Pacific Coast Banking School at the University of Washington, or the Stonier Graduate School of Banking at the University of Pennsylvania, for the entire three-year term (Deadline for applications is March 31, 2017.)
Tuition up to $1,000 for courses taken for credit related to banking offered by an accredited educational institution such as a four-year college or university, or community college
Fees for professional certificate programs and related preparation courses and study materials for Certified Regulatory Compliance Manager (CRCM), Certified Financial and Trust Advisor (CFTA), and Certified Anti-Money Laundering (CAMS) designations
Registration fees for CBA’s BSA Workshop to be held in conjunction with CBA’s Regulatory Compliance Conference in October 2017.
Applicants applying for scholarships for college courses, professional certificate programs and CBA’s certificated education seminars will be notified of a decision on a rolling basis.
Compensation practices continue to evolve and this survey uniquely captures this evolution through the detailed level of information collected and reported. Participating banks should be applauded for their dedication and effort in providing information to support production of this annual report
The California Bankers Association is in business to help its member banks – regardless of their size or specialization – to succeed in California’s dynamic marketplace.
CBA President & CEO Simone Lagomarsino authored an oped the appeared in this weekend’s East Bay Times, calling for Congress to act on a tailored approach to the current regulatory system.
As the Equifax breach continues to dominate headlines, you may begin to get questions from your customers and the media. Here are a few resources you might find helpful as you decide how to communicate about the breach:
CBA President and CEO, Simone Lagomarsino, discusses Operation Choke Point, and the regulatory requirements that force bankers to spend much of their time and money intrusively policing their own customers in an Orange County Register editorial.
The California Bankers Association (CBA) and Beacon Economics have released a report, “The Economic Impact of California Banks” which examines the critical role banks play in supporting California’s economy and the communities where they do business. We have also produced a video that complements and highlights the important findings in the report.
The report is authored by Chris Thornberg, Ph.D., founding partner at Beacon Economics, and updates a previous study conducted in 2013.
The CBA is pleased to share with you the following video we have created that highlights the negative impact the qualified mortgage and ability to repay rules contained in the Dodd-Frank Act are having on banks’ lending activities. The video is intended to be a resource for all bankers to use to highlight the need to fix specific elements of Dodd-Frank, particularly QM/ATR, as you meet with local elected officials, community leaders, or in forums with your customers. Please also feel free to share and link to the video on your social media platforms.
The financial regulatory reform issue has moved to the Senate now that the House has passed the Financial Choice Act on a party-line vote. CBA joined 51 other state banking associations in a joint letter to Senate leadership urging support for a regulatory relief bill that is currently in development under the direction of Senate Banking Committee Chairman Mike Crapo and Ranking Member Maxine Waters.
The U.S. Treasury Department has officially issued its 150-page report, making several recommendations for how Congress and the regulatory agencies can streamline bank regulation in a way that promotes economic growth.
As the largest banking trade association in California, CBA is the voice of the industry when it comes to legislative, regulatory and legal advocacy. Our efforts strive to ensure a free and competitive market among financial service providers, a level playing field with our competitors, and promote financial education that empowers consumers to exercise real choice.
Register now to join your California and Florida colleagues for our 15th annual joint visit to Washington, D.C., scheduled for September 26-28, 2017, at the Hay-Adams Hotel. This annual trip to our nation’s capital provides us with an excellent opportunity to come together with the Florida Bankers Association to discuss critical issues impacting our industry with our elected officials and representatives from key regulatory agencies.
Keeping up with the latest regulatory changes and compliance issues can be more than a full-time job. If you’re like most financial services professionals, you have little free time to devote to this top business challenge. You won’t want to miss one of the finest compliance programs in the West where nearly 200 BSA/AML officers, compliance officers and attorneys representing our members are all in search of the best education, products and services available to their institution.
BSA/AML continues to be a heightened area of concern for agencies, a trend that is expected to continue in 2017.
Agencies have put a renewed focus on making sure banks know their customers’ entire banking relationship, as well as assess their existing and future risk. Banks failing to do the appropriate due diligence on a customer to comply with the Bank Secrecy Act could be symptomatic of broader compliance problems, including a violation of consumer protection laws.
Most banks already have comprehensive systems in place to track suspicious activity. But knowing each customer and how to assess individual risk is more dependent on human judgment, and cannot be easily outsourced to a support system. Some observers said banks may have to improve their training of personnel to look deeper for potential violations.
Held in conjunction with the 39th Annual Regulatory Compliance Conference, registered attendees of the BSA workshop are welcome to attend the opening keynote general session and reception held Tuesday evening.
The Federal Deposit Insurance Corporation, San Francisco Regional Office (FDIC-SF) and the California Bankers Association (CBA), will host its inauguaral FDIC-SF Roundtable on November 1, 2017, from 10:00 a.m. until noon at the FDIC field offices at 5150 Gold Leaf Circle, Ground Conference Room, Los Angeles, California.
CBA’s only program exclusively for member bank presidents and CEOs. Senior leaders of California banks are invited to attend and share in informative sessions to discuss the ever-changing landscape of the financial services arena at the beautiful Four Seasons Biltmore in Santa Barbara.
*Please note our new schedule. Board activities will begin on Wednesday, January 10, and regularprogramming will begin Thursday, January 11. All registered guest are welcome to attend the Dessert and Nightcap Reception on Wednesday evening.
In 2018, CBA is combining two highly-valued conferences to offer the new Lenders and Credit Officers Conference. Join your fellow chief lending officers, chief credit officers, credit administrators, loan administrators and senior lenders to hear key industry updates in the credit and lending arena where you will meet face-to-face with regulators, economists and inspiring speakers.
The combined conference will provide a unique opportunity for lending and credit professionals from across the state to meet, exchange information and address shared challenges.
