California Banker Issue 3 2024

chief financial officer. Tina brings a wealth of experience and expertise to her new role and will be an integral part of the leadership team. Membership News In response to the diverse needs of our members, we have introduced new association membership tiers, designed to provide tailored benefits to professionals in the bank ing, finance, and fintech sectors. As a result of the new tiers, we are pleased to welcome Lendistry and Finli as fintech members and Strunk as an associate + member. To learn more about the tiers, please visit our newly rede signed website at calbankers.com/become-a-member. Advocacy Advocating for our industry remains a cornerstone of our mission. In May, Governor Newson released his updated budget proposal to close a $44.9 billion deficit in 2024-25 and a projected $28.4 billion gap in 2025-26. His plan calls for cuts to state government and deferment of previ ously appropriated spending. While the Governor did not

call for tax increases, his plan includes a temporary sus pension of net operating loss carry forward tax rules and elimination of the bad debt sales tax deduction for lenders. Additionally, the Governor’s proposal includes funding for the state Air Resources Board to implement SB 253 and SB 261 climate reporting mandates. We are diligently work ing with legislators and monitoring measures that could potentially impact the finance industry, ensuring that our members remain informed and prepared. The CBA Weekly and Battleground newsletters help members keep apprised of the latest legislative updates. As always, serving you, our members, remains our chief commitment. We are deeply grateful for your continued support and engagement as we navigate the opportuni ties and challenges that lie ahead.

Bringing members together. Making our banks better.

Kevin Gould President & CEO, California Bankers Association

At the heart of this partnership lies a shared vision to elevate the standards of banking education and to forge a future where banking professionals are not just prepared but are ahead of the curve, equipped with the knowledge and skills required to navigate the complexities of today’s financial landscape.

California banking professionals gain access to an unprecedented suite of educational resources:

PIONEERING A NEW ERA OF BANKING EDUCATION: California Bankers Partners with OnCourse Learning

Over 450 Live Webinars Spanning a broad spectrum of topics, these webinars are designed to cater to the diverse educational needs of bankers, from regulatory compliance to cutting-edge fintech trends. Immersive Learning Experiences OnCourse Learning’s dedication to creating engaging, practical learning experiences aligns perfectly with the practical needs of today’s banking professionals. It’s not just about learning; it’s about applying what you learn in real-world scenarios. A Step Ahead This partnership is more than an education platform; it’s a commitment to fostering innovation in banking education. Together, we are setting new benchmarks for excellence and transforming the way banking education is perceived and delivered.

Empowering Banking Professionals - Shaping the Future of Finance Visit partners.bankwebinars.com/california-bankers-association to learn more!

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CaliforniaBanker | Issue 3 2024