California Banker March/April 2023

Association Update

We are grateful for your trust, membership, and support, and look forward to seeing you at an upcoming event.

T

he California Bankers Association has for many years offered several scholarship opportunities to any full-time employee of a CBA-member bank who is employed in California to pursue their professional goals. This Spring we had the opportunity to award 10 scholarships to bankers throughout the Golden State. It’s a program we are very proud of, and we look forward to seeing the scholarship winners grow profes sionally and accomplish great things for their banks and the industry. Advocacy The California Legislature recently reconvened follow ing their Spring Recess. The Assembly and Senate are working through hundreds of measures before the June 2nd house-of-origin policy deadlines. To date, several

measures of concern were shelved as a result of the team’s efforts. Although measures of concern remain, the gov ernment relations team continues to work closely with legislators and sponsors on those bills. In addition, the team is monitoring the annual budget process. The State’s 2023-2024 budget must be finalized and approved by June 15, 2023. Women in Banking Forum In March we hosted the virtual Women in Banking Forum. Nearly 250 women in banking joined us for the event, which included presentations from Anita Robin son, former bank CEO and founder of the Women in Banking Forum, and Virginia Varela, President, Head of Community Banking at SoFi Bank, N.A. who shared their experiences in the industry. In addition, we were

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