OFFICIAL PUBLICATION OF THE KANSAS BANKERS ASSOCIATION

Pub. 13 2024 Issue 2

Kansas Bankers Press for Regulatory Relief During ABA’s Washington Summit

Ten Kansas bankers joined KBA staff in early April for the annual ABA Washington Summit, attended by more than 1,300 banking industry advocates from across America. Team KBA was able to meet with members and/or staff from all six Kansas Congressional Delegation offices and delivered information on issues ranging from support for the ACRE Act and SAFER (Cannabis) Banking Act to opposition against the Credit Card Competition Act and various federal regulatory proposals, including the 1071 small business lending rule to further restrictions on debit card interchange revenue to community reinvestment act reform to the CFPB’s ongoing war against several forms of bank fee income. Special thanks to the Kansas bankers who stepped up to carry our state and industry’s message to Washington, D.C.

KBA-member bankers and KBA staff participating in ABA’s recently held Washington Summit included Alex Orel (KBA SVP — Government Relations), Jonathon Johnson (Home Savings Bank, Chanute), Brad Yaeger (Legacy Bank, Wichita), Deron O’Connor (Astra Bank, Hays), Gary Schmitt (INTRUST Bank, Wichita), Kyle Campbell (Astra Bank, Abilene), Justin Sparks (Bankers’ Bank of Kansas, Wichita), Brian Whitesell (Landmark National Bank, Manhattan), Gil Trout (Emprise Bank, Wichita), Mark Larrabee (Arvest Bank, Shawnee Mission), Doug Wareham (KBA President & CEO), Sarah Keeny Moon (Citizens Bank of Kansas, Derby) and Kathy Taylor (KBA EVP — General Counsel).

Mark and Aimee Larrabee (Arvest Bank), along with KBA staffers Kathy Taylor and Doug Wareham, paused for a photo with Senator Moran at a KBA-hosted meet-and-greet held at the Hyatt Regency on Capitol Hill in Washington, D.C.
Gary Schmitt (INTRUST Bank), Brad Yaeger (Legacy Bank) and Gil Trout (Emprise Bank) thanked Senator Moran for championing the ACRE Act and working to push back on the regulatory tsunami coming from federal bank regulatory agencies.
KBA’s EVP & General Counsel Kathy Taylor and former KBA Chairman Jonathon Johnson (Home Savings Bank at Chanute) welcomed Cong. Tracy Mann to the KBA-hosted meet-and-greet and thanked him for his support of numerous KBA and ABA federal legislative initiatives.
Cong. Jake LaTurner concurred with KBA concerns on mortgage trigger leads and overreach by the CFPB proposals to modify the UDAAP Rule and impose restrictions on various bank fees.
Kyle Campbell (Astra Bank at Abilene) shared the negative impacts of losing interchange fee income for the bank’s small businesses and consumer customers during KBA’s visit with Bill Birsic, banking liaison for Sen. Roger Marshall.
KBA Federal Affairs Committee Member Mark Larrabee thanked Brandon Naylor with Rep. Sharice David's office for recognizing the negative implications on consumers and small businesses from the so-called Credit Card Competition Act, which would impose a new routing mandate on credit card transactions.
Cong. Ron Estes was confident Congress would avoid a government shutdown by adopting an omnibus spending bill. Estes also highlighted how the House Ways and Means Committee would soon be considering what portions of the Trump-era tax relief would be extended by Congress.
KBA Political Action Committee Chairman Jonathon Johnson (Home Savings Bank — Chanute) and KBA SVP of Government Relations Alex Orel paused for a photo at ABA’s BankPAC booth. The Kansas Bankers Association (KBA) was the first state in America to present their full fair share contribution to the ABA in 2024. Thank you, Kansas bankers, for supporting KBA and ABA’s BankPAC!!!

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