Independent Banker - January 2023 - 34

PORTFOLIO CHECKS & BALANCES
Welcome, new
members of Congress
By Aaron Stetter, ICBA
hen the 118th U.S. Congress
convenes Jan. 3, more than
80 new members of the Senate
and House of Representatives will
be sworn in-up from just over
50 in 2021. These members and
their staff come from all kinds
of backgrounds with varying
experiences and perspectives.
As they find their footing on
Capitol Hill, learning the ins and outs
of their new roles, ICBA is there to
help them understand the strength
of community banks and the critical
role they play in economic prosperity
in the U.S.
This is the main mission of ICBA's
New Member Outreach Program,
where ICBA's congressional relations
team reaches out to all new members
of Congress and their staff. As a
nonpartisan organization, ICBA
seeks to greet and work with senators
and representatives from all parties.
The New Member Outreach
Program is more than a feel-good
program that shows off the human
side of community banking; it also
focuses on the facts. Members of
Congress and their key staff learn
that community banks play an
outsize role in supporting small
businesses, making half of all small
business loans under $1 million
and 80% of bank agriculture loans.
They hear how community banks
led the way in Paycheck Protection
Program (PPP) lending, ensuring
that struggling small businesses had
access to capital at a critical moment.
These educational sessions also
dig into the direct impact community
banks have in each congressperson's
district. It's not just about branches
and employees; ICBA shares details
on the number and dollar amount
of loans originated in home districts
or states-including small business,
commercial real estate, agriculture
and mortgage lending.
W
34 // ICBA Independent Banker // January 2023
Photo by Dan/Adobe

Independent Banker - January 2023

Table of Contents for the Digital Edition of Independent Banker - January 2023

Table of Contents
Independent Banker - January 2023 - Cover1
Independent Banker - January 2023 - Cover2
Independent Banker - January 2023 - Table of Contents
Independent Banker - January 2023 - 2
Independent Banker - January 2023 - 3
Independent Banker - January 2023 - 4
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Independent Banker - January 2023 - Cover3
Independent Banker - January 2023 - Cover4
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