In 2027, the National Bankers Association will hold its centennial celebration. Though relatively small, the Association has writ large its agenda on the canvass of the nation’s capital. Since the days of its inception, the NBA has worked tirelessly to be a voice for minority bankers trying to be heard in the halls of Congress, within the regulatory bodies and the other agencies of government – including the White House.
Years ago, the NBA transformed its mission to become more inclusive. What was originally a trade association for Negro banks morphed into a powerful voice for advocacy for all minority-owned banks, including women-owned banks.
The NBA, over the past few years has taken the plight of minority banks to senior staff at the White House, to leaders in Congress, the Secretary of the Treasury, the Chairman of the Federal Reserve Board, the Comptroller of the Currency and the Chairman of the FDIC.
In addition, the NBA has collaborated with the Small Business Administration to secure a more streamlined process to receive SBA guaranteed loans.
The NBA has worked closely with the CDFI Fund to secure grants that allow its members banks to increase their lending to minority businesses. At present, the NBA is working with Members of Congress to roll back many of the stringent requirements of the Dodd-Frank Wall Street Reform Act of 2010. The cost of compliance – created by this omnibus piece of legislation – has created a most challenging environment for all community banks.
The NBA regularly visits the capital markets of New York City in an attempt to secure capital that is both inexpensive and patient.
Last year, the NBA facilitated a meeting between several of the nation’s mega-banks to promote mutually beneficial partnerships between these two vital segments of the banking industry.
From time to time, the NBA partners with the American Bankers Association and the Independent Community Bankers Association to create a unified front for all who are working in the banking space.
The NBA has also joined forces with a number of fortune 500 companies to create programs tailored for low-to-moderate consumers. Two of these companies have Minority Depository Programs.
If you are reading this message and would like to join the National Bankers Association as an institutional member, an affiliate member, an associate member or as a member of the Corporate Roundtable and Advisory Committee, we would love to hear from you.
Please call our offices or plan to attend one of our upcoming national events: The Annual Legislative /Regulatory Conference which is always held in March or our annual Convention which takes place during the first week of October.
Thank you for visiting our website. We are always anxious to hear from you!