State Government Relations
State Government Relations
Welcome to the CBA State Government Relations section, where you’ll find the latest information on state banking legislation.
The California Bankers Association Responds to DBO Restructuring Announcement
SACRAMENTO, Calif. – The California Bankers Association (CBA), issued the following statement today in response to the announcement that the Department of Business Oversight will be restructured and renamed the Department of Financial Protection and Innovation:
The California Bankers Association Highlights Economic Impact of Banks Doing Business in California
SACRAMENTO, Calif. – The California Bankers Association (CBA), a division of the Western Bankers Association, has released an updated report that examines the critical role banks play in supporting California’s economy and the communities where they do business. The report, prepared by Beacon Economics, examines and identifies a number of direct economic impacts banks have, as well the considerable contributions banks make to California’s economy through what are referred to as indirect effects.
Key findings include:
The California Bankers Association Responds to Wildfires and Public Safety Power Shutoffs
SACRAMENTO, Calif. – The California Bankers Association (CBA) released the following statement regarding the recent wildfires burning across the state, and the recurring public safety power shutoffs (PSPS):
“California banks are deeply committed to the communities that we serve. We stand ready to assist and help our customers who have been impacted by the recent wildfires or public safety power shutoffs.
The California Bankers Association Response to Signing of AB 857
SACRAMENTO, Calif. – The California Bankers Association (CBA), issued the following statement today in response to Governor Newsom signing Assembly Bill 857 into law:
New Poll Shows Majority of Californians Oppose Government-Run Public Banks
SACRAMENTO, Calif. – The California Bankers Association (CBA) released the results of a poll conducted by FM3 Research that shows the vast majority of Californians oppose government getting into the business of banking. Currently, there is a measure before the California Legislature, Assembly Bill 857, authored by Assembly Members David Chiu of San Francisco and Miguel Santiago from Los Angeles, which allows for the creation of government-run public banks at the municipal level.