ABA Banking Journal - May 2013 - (Page 10)

bank notes Total engagement There were many good “applause lines” during ABA’s two-day Government Relations Summit in Washington, but ABA Chairman Matt Williams had one of the biggest. Right after a panel discussion in which the subject of credit unions’ tax exemption was discussed in the context of the country’s enormous budget deficit, Williams, CEO of Gothenburg (Neb.) State Bank, ad-libbed, “We should create a pathway to citizenship for credit unions.” Credit union taxation was one of the primary topics bankers carried to the Hill. As long-time tax expert Ken Kies, managing director, Federal Policy Group, Washington, D.C., observed regarding the environment for changing the exemption, “I have not seen better conditions in the last 30 to 40 years.” Other primary messages included: support for reintroduction of the Examination Fairness bills (H.R. 1553 and S. 727—both were reintroduced shortly after the summit); support for a Basel III “stop and study” bill (S. 731) introduced by Senators Joe Manchin III (D-W.Va.) and Dean Heller 10 | ABA BANKING JOURNAL | May 2013 Photo above: david hathcox At ABA GR Summit, bankers give as good as they get

Table of Contents for the Digital Edition of ABA Banking Journal - May 2013

ABA Banking Journal - May 2013
Contents
Chairman’s View
Editor’s Column
The Economy
Bank Notes
Picture This
ABA Community Banking
Pass the Aspirin
Tech Topics
Looking for leaders
Top-performing mid-size banks
New world of appraisals
Compliance Clinic
Compliance Inbox
ABA At Your Service
First Person

ABA Banking Journal - May 2013

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