The California Bankers Association’s communications staff works to provide members, news media and the public with the most up-to-date information relating to the association and the banking industry. Our communications efforts seek to emphasize the value of banks and their service to the community, as well as providing information on the many regulatory and legislative changes the industry is facing in this extraordinary climate.
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 has partnered with the Financial Services Information Sharing and Analysis Center (FSISAC) and the American Bankers Association to provide the 2017 Incident Response Playbook, which delivers guidance to banks in California on actions to consider taking before a cybersecurity incident as well as needs and information-sharing protocols in response to and during recovery from a cybersecurity incident as well as recommendations for actions to take following a cybersecurity incident.
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.
Golden Pacific Bank’s President and CEO Virginia Varela says in Another Voice: Starting a Conversation on Bank Rules in the Sacramento Business Journal, “No matter what your political stance, there is something that we should be able to agree on, and that is there are too many silly, outdated and overly restrictive laws affecting community banks and small credit unions, harming small businesses and their access to capital.”
Sacramento, Calif. — The California Bankers Association (CBA) and Beacon Economics have released an ninth California banking report that examines important issues currently affecting California’s banks and the overall economy. The report is authored by Chris Thornberg, Ph.D., and founding partner at Beacon Economics. This report analyzes bank lending data for California through the first quarter of 2016, finding that banks exceeded previous record levels, as total outstanding loan value reached $937 billion in the first quarter of this year*.
CBA President and CEO Rodney Brown discusses CBA-sponsored bill AB 2693 that seeks to make important changes to property assessed clean energy (PACE) financing, which ignores longstanding lending principles and fails to make important disclosures to borrowers.
Sacramento, Calif. — The California Bankers Association (CBA) and Beacon Economics have released an eighth California banking report that examines important issues currently affecting California’s banks and the overall economy. The report is authored by Chris Thornberg, Ph.D., and founding partner at Beacon Economics. This report analyzes bank lending data for California through 2015, finding that banks set records for lending in 2015, as total loan value outstanding reached $930 billion in the fourth quarter*.
SACRAMENTO – The California Bankers Association (CBA) is joining the American Bankers Association Foundation’s Safe Banking for Seniors campaign. Through this campaign, the CBA will mobilize bankers across California to educate older Americans and their caregivers about elder financial abuse and how to prevent it.
SACRAMENTO — The California Bankers Association (CBA) announced today its sponsorship of Assembly Bill 1784 (Dababneh, D – Encino), which will further advance financial education through school-based savings programs that help students learn the importance of saving and personal financial management.
SACRAMENTO — The California Bankers Association (CBA), one of the largest state banking trade associations, and BancAlliance, a collaborative network of community banks, have announced the launch of a new endorsed partnership.