January 18, 2013


Planned and executed annual State Government Relations Committee strategic planning session November 8-9. The session identified of anticipated legislative matters for 2013 and provided a forum to develop strategy and messaging for those issues.  

Produced and distributed Annual Legislative and Regulatory Summary detailing key state and federal legislative and regulatory issues and their outcomes.   

Organized and participated in meetings with four state agency departments, including the state controller’s office to discuss California’s financial status and cash management options, and with representatives from the governor’s office and the secretary of the State and Consumer Services Agency to discuss the implementation of the governor’s reorganization plan.

Met with legislators to discuss legislation focused on debt collection practices.

Hosted meeting of financial services industry representatives for development of freshman legislator outreach.

Collaborated with the Affordable Housing Coalition, California Housing Coalition and California Housing Consortium to develop meaningful affordable housing solutions.

Conducted presentations at CBA and other group events including the ABA State Issues Summit, National Association of Bank Advocates and the San Francisco Bar Attorneys Association.

Prepared and distributed post-election analyses of the key races during the 2012 primary and general statewide elections to CBA membership.

Successfully adopted state Political Action Committee budget establishing the year’s political priorities.

Hosted private industry event for Assembly Speaker John Pérez.
Co-sponsored events benefitting the Capitol Network, California Legislative Black Caucus and the California Issues Forum.

Co-sponsored and participated in the Habitat for Humanity home build in San Diego during the ABA’s Annual Convention.

CBA participated in three Sacramento fundraisers and one district fundraiser for members and candidates of the state legislature.

CBA members participated in six district fundraisers for federal legislative candidates.

Conducted a grassroots campaign urging members of the Senate to oppose legislation that would increase the credit union member business lending cap from 12.25 percent of assets to 27.5 percent of assets and to oppose efforts to link this measure with the legislation to extend the Transaction Account Guarantee (TAG) program.

CBA participated in the ABA’s monthly grassroots conference calls, which included a briefing and strategy related to current congressional issues affecting the banking industry.

At year-end, we raised $203,536 (123 percent of goal) for the CBA State PAC and $96,766 (115 percent of goal) for the CBA Federal PAC.


Fielded several dozen incoming media inquiries, with the majority of inquiries focused on a report released by the California Reinvestment Coalition that looked at fees paid by bank customers. Bloomberg and ABC7 (San Francisco) ran stories on the study that included a response from CBA.

Issued a press release offering tips for small business to avoid fraud in light of October being Cyber Security Awareness month. The release was featured in a Sacramento Business Journal article. The Riverside Press-Enterprise also ran a feature story about second chance bank accounts, where CBA was quoted.

Local banking ordinances and consumer related topics such as banking fees, small business lending and financial fraud also generated media interest. Additional interviews were conducted with Bloomberg, American Banker, Redding Record Searchlight, Bankrate, Sacramento Bee and Comstock’s.

Completed and released results of the CBA Community Impact Survey, which was compiled to capture an accurate picture of the community relations activities that CBA member banks and their associates conduct in their communities, including total money contributed and hours volunteered by bank associates. A one-page document for CBA member banks to publicly use was also produced.

Worked closely with the events team to design marketing materials to promote CBA events. Brochures and other collateral material were created for CBA’s Bank Presidents Seminar, Lenders Conference, Bank Counsel Seminar and Annual Convention.

Assisted with several marketing campaigns to highlight new services or product offerings from Strategic Partners Verafin, Harland Clarke and Everfi.


Delivered the Directors Certification Update in two locations to a total of 87 registrants.

Conducted the two-day Advanced Credit Analysis Seminar to 60 participants.

Hosted the Capital Planning and the Future of Community Banking Forum for 27 participants.

Held the second Enterprise Risk Management Seminar for 25 participants.

Hosted the Compliance Management for the Dodd-Frank Era Seminar for 38 participants.


Hosted the 34th Annual Regulatory Compliance Conference in October with a total attendance of 253 participants, including 186 BSA and compliance officers. 

Hosted the 11th Annual Chief Credit Officers Symposium in November with a total attendance of 63 participants, including 42 chief credit officers.


Sold 143 copies of the 2012 Compensation and Benefits Benchmark Survey, which provides base salary, incentive and commission compensation data for 126 job classifications, directors’ compensation information, human resources practices, comparative health care cost information and employee benefits summary statistics.

Sold seven copies of a Peer Group Report offered only to our 108 survey participants. The Peer Group Report is generated from data selected from a group of at least six other participant banks. 

Convened our Compensation Survey Advisory Committee meeting to review and discuss the upcoming 2013 Compensation and Benefits Benchmark Survey format, in conjunction with Crowe Horwath LLP.


In the CBA-supported case of Gutierrez v. Wells Fargo Bank, the Ninth Circuit Court of Appeal held that the National Bank Act does not allow the judiciary to dictate how a national bank processes debit card transactions. However, the bank could still be liable for fraud.

CBA joined in an amicus brief in a case that could diminish the rights of secured lenders by allowing debtors to gerrymander creditor classes.

Regulatory Comment Letters

Submitted letter to the federal banking agencies on the BASEL III capital standards proposal.

Regulatory Compliance Bulletins

PACE Financing – summary of the laws on “property assessed clean energy” financing in California, which allow local governments to impose super-priority liens on property to secure energy improvement loans.

Anti-deficiency protection extended – analysis of SB 1069, which extends anti-deficiency protection to credit used to refinance a purchase money loan and to subsequent refinances.

Translation requirement for NOD’s and NOS’s – analysis of AB 1599, which requires the provision of a summarized notice of default and notice of sale in five foreign languages.


Held a DFI Roundtable in October with 26 bankers present.

Eleven bank visits conducted by CBA President & CEO Rod Brown.

Strategic Partners

The CBA approved two new endorsed strategic partnerships with Diebold, a self-service, security and service solutions company, and LTC Financial Partners, the nation’s largest agency for long-term-care insurance.

The Diebold partnership encompasses the company’s full suite of products and services:

• Opteva® ATM equipment
• MobiTransact™ mobile banking solutions
• Retail and drive-up banking equipment
• Physical security solutions

The LTC Financial Partners endorsement will provide California banks with a unique path to long-term care coverage options for bank employees. The program is designed with some very compelling features for California banks:

  • Streamlined underwriting process – a few simple questions – and guaranteed issuance in most cases
  • Discounted premiums whose rates are partially offset through support from the CBA trust
  • Insurance carriers that are highly graded by Standard & Poor’s and Moody’s