Regulations have a real effect on banks and the communities they serve. That’s the message 11 bankers are delivering in D.C. this week during the WBA’s Fall Regulatory Visit. Each year, WBA travels to Washington D.C. to meet directly with the regulatory agencies about the dynamics of Wisconsin’s banks and the local economy as well as how new regulations are impacting community banks.
On October 23, bankers met with representatives from the OCC on the need for tailored regulations, OCC’s exam philosophy, and current and emerging issues. They also discussed regulatory burden and specifically addressed HMDA and appraisals.
That same day, the group met with FHFA to discuss topics ranging from GSE reform to the Equifax data breach and tri-merge credit reports.
WBA’s Rose Oswald Poels and the participating bankers will meet with the FDIC and CFPB on October 24. Thanks go out to all the bankers who are advocating on behalf of the industry during this trip.
|Attendees included Morgan Farmer, Park Bank, Holmen; Dave Feldhaus, Federal Home Loan Bank–Chicago; Corey Hoze, Associated Bank, Milwaukee; Gary Kuter, Capitol Bank, Madison; Roxi Maier, Bank of Prairie du Sac; Peter Prickett, Nicolet National Bank, Neenah; Tom Reil, Waldo State Bank; Greg Salmen, Stephenson National Bank & Trust, Marinette; Jeff Schmid, Fox River State Bank, Burlington; Daniel Shepard, Waukesha State Bank; and Dave Werner, Park Bank, Milwaukee.|