California Banker Issue 2 2025

Association Update

All of our engagements ensure that our advocacy efforts remain strong and that the voices of our members are heard at both the state and federal levels.

CBA Remains Active On Multiple Fronts

A

t the California Bankers Association, our un wavering commitment to serving our members drives us to advocate for critical legislative and regulatory issues, deliver exceptional educational resources, and create meaningful networking opportu nities within the industry. I’m excited to share several updates that reflect our ongoing efforts on behalf of our members. Government Relations The California legislative session is in full swing, and our Government Relations team is working diligently on a myriad of legislative issues that impact financial services, including elder financial fraud, climate-related disclo sures, mortgage forbearance, credit card fees, and CalAc counts, to name a few. In addition, our team and 22 bank members, recently traveled to Washington, D.C., to meet with legislators and regulators, and participated in the American Bankers Association’s Washington Summit. These engagements ensure that our advocacy efforts remain strong and that

the voices of our members are heard at both the state and federal levels. Recently, we hosted a Membership Update featuring the new Commissioner of the California Department of Financial Protection and Innovation (DFPI). More than 100 members joined the virtual meeting to hear directly from Commissioner Mohseni, who shared regulatory in sights and provided key updates on the DFPI’s priorities. The session offered valuable perspectives on compliance, supervision, and emerging risks shaping the financial industry. Member Visits In the past weeks, I had the privilege of meeting with many of our member banks and prospective members in person. These conversations provide a valuable oppor tunity to share the benefits of membership while learn ing firsthand about the challenges and opportunities our banks are experiencing on the ground. Understanding these insights allows us to better support and advocate for our members.

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