Pub. 2 2012-2013 Issue 5

22 O V E R A C E N T U R Y : B U I L D I N G B E T T E R B A N K S - H E L P I N G C O L O R A D A N S R E A L I Z E D R E A M S Mark Abell was recently asked to become a part of a new program offered by the Colo- rado Bankers Association – the Center for Bank Advocacy. This program is a one-year program spent demystifying the legislative process (both in Colorado and on a Federal level), meeting with our legislators and lob- byists, and understanding the key issues our industry faces. The goal of the program is to help educate the participants about leg- islative actions being contemplated which could impact (positively or negatively) our industry, and to get more bankers involved in the process. I am sure it is no surprise to any of you that our industry has taken a beating, both in the press and the court of public opinion, and that government at both the state and national level has recently passed, and continues to contemplate, an unprecedented level of new laws and regulations that will impact our industry. Current hot topics at the state legisla- ture include more restrictive foreclosure laws, financing and banking the marijuana industry, and protecting against elder abuse. At the national level, the rulemaking behind Dodd- Frank and the Durbin Amendment continues to limit the ways a bank can make a profit and expand regulatory oversight; the potential adoption of International Banking Standards (Basel III) would have a strong negative impact on access to capital; and the Consumer Finan- cial Protection Bureau could have significant impact on our industry. You can help our cause. Watch for ways you can educate our clients and our communities and help them understand the role banks play in our economy, how we help build our communities through our investment and lending activities, how access to capital builds business and improves lives, and how new regulations intended to create a healthy industry could have a disastrous effect through unintended consequences. Watch for more news on legislative issues in future com- munications – and be on the lookout for specific ways you can help. We all need to take up this cause. The impact on our industry – and our careers – will be significant – one way or the other. Q Experience the power. Go to zachisunderstood.com. Power comes from being understood SM . A partner who really knows your game is a key part of any strategic approach. And when you trust the advice you’re getting, you know your next move is the right move. That’s what you can expect from McGladrey. That’s the power of being understood. Call Steve Riddle at 303.298.6400. Is 6 enough? Yeah. You’re a little pumped. Team McGladrey Golfer Zach Johnson and his caddie, Damon Green. Assurance z Tax z Consulting McGladrey is the brand under which RSM McGladrey, Inc. and McGladrey & Pullen, LLP serve clients’ business needs. The two firms operate as separate legal entities in an alternative practice structure. Center for Bank Advocacy