Florida Banking August/September 2024

without opposition. Finally, please take the time to work with a candidate. Money is important, but giving your time is a hidden asset. Furthermore, we may be coming to your area to hold visits or small lunches with elected officials. We hope you can join us to educate them about the day-to-day issues your institution is experiencing, whether it be the cost of compliance, fraud or general issues in your community. You need to share how these issues impact your ability to meet your customers’ needs. The cost to your institution in money or time is irrelevant until you show how it affects the official’s constituents. Please keep this in mind on your visits. We are also continuing our work to combat fraud. The FBA will be more focused on this than on any

other state issue — and legislators want to work with us. For example, when Kenneth and I said this will be a focus, candidates told us to let them know how they can help. As you know, fraud is rampant in every community. We will need your help in this endeavor. Please send examples of the types of fraud you are witnessing at your bank. We want to use this to hone our messaging for the best impact. Second, please let us know what messaging (and format) has helped your customers. We ask that you use this to further inform your customers. Third, please send us any legislative or regulatory ideas you think will help. We will work with the GRC and the Board to determine the best next steps. Finally, help us explain to legislators how these ideas or actions will help your customers.

Let’s find a way.

First Horizon Correspondent Services is a leading choice for Florida banks. Benefit from the expertise of a dedicated Relationship Manager who has a deep understanding of Correspondent Banking, to provide you with tailored solutions – from expert advice to quick decisioning for the capital you need. We have a reputation in Florida as a preferred partner for Correspondent Banking.

CORRESPONDENT BANKING

Melissa Ainley Senior Vice President Correspondent Services Relationship Manager (M) 901-568-3341 (O) 941-487-3074 maainley@firsthorizon.com

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