IBANYS’ Government Relations Committee and Board of Directors discussed strategies on how to proceed on legislation of interest to community banks that passed both the State Senate and Assembly and may now be sent to Governor Cuomo for his signature or veto. The list includes bills related to credit unions, foreclosure/”zombie” properties and CRA. IBANYS’ President & CEO John Witkowski, Legislative Counsel Bill Crowell and Government Relations Director Steve Rice reviewed the list of bills. Note: Bill Crowell will be at our September Banking Executive Symposium in Clayton, New York to provide an update on the 2019 session and a preview of what likely awaits in 2020.
IBANYS is also developing positions and policies in preparation for the 2020 state legislative session which begins next January. Lastly, we will soon launch a new and revitalized program to provide our member banks with a strategy for meeting with their local legislators and to continue to inform them on issues important to community banks, and the vital role they play in New York State.