March/April 2014
Wisconsin Community Banker
31
CBW/WBA Capitol Day Underscores Importance
of State Banking Industry
Governor Scott Walker offered
keynote comments at the sixth annual
CBW/WBA Capitol Day, held in
March at Monona Terrace, Madison.
About 175 bankers also heard from
Assembly Democratic Leader Peter
Barca (D-Kenosha), and Department
of Financial Institutions Secretary
Peter Bildsten.
Following a lunch filled with useful
networking, the bankers met with
lawmakers at the Capitol to discuss
banking related legislation during
pre-scheduled legislator visits. Thank
you to all the bankers who attended
the CBW/WBA Capitol Day event and
helped carry the message about the
importance of the Wisconsin banking
industry to our state’s economy.
CBW Legal & Compliance Consortium
Community Bankers of Wisconsin offers its Legal and Compliance Services Consortium to provide
CBWmembers with fast, easy access to compliance and legal services at a flat annual fee.
Godfrey & Kahn renders written or oral legal advice that can be maintained in bank records and provided to regulators.
Consortiummembers become clients of Godfrey & Kahn.
As a member of the CBW/Godfrey & Kahn Legal Consortium, we recently were provided with
unsolicited documents from Godfrey & Kahn addressing three hot topic issues: A “Loan Officer
Compensation Policy” as required under new Reg Z rules; A Guidance document that addresses
new “CFPB Mortgage Servicing Rules”; and a combination of a “Social Media Policy” and
a “Social Media Risk Assessment.” These are rules that 260 Wisconsin community banks are
trying to get their arms around and implement prior to their next exams. The Legal Consortium
continues to provide our bank a great value when we are provided this level of service.
— Jerry L. O’Connor, President & CEO, The National Bank of Waupun
Consortium members can rest assured that they have specialized legal advice
backing up their unique compliance questions and concerns.
For more information, contact Jami Erickson at
