Independent Banker - October 2017 - 28

Grassroots
MEMBER ADVOCACY
August advantage
South Carolina community bankers met with legislators during the August
congressional recess to make their voices heard.
By Andrea Lahouze
C
ommunity bankers who
have their legislators'
ears enjoy more support
and achieve more progress
on issues that matter
to them than those who don't. However,
it takes work to gain and retain
congressional attention. The August
recess, when legislators return to
their hometowns, presents a prime
opportunity to create and nurture
these valuable relationships.
This year, Teresa Taylor, executive
director of Independent Banks
of South Carolina (IBSC), arranged
meetings for IBSC member community
bankers with fi ve congressmen
from their federal delegation: Sen.
Lindsey Graham, Rep. Jeff Duncan,
Rep. Tom Rice, Rep. Jim Clyburn
and Rep. Joe Wilson. A handful of
community bankers attended each
meeting, and several attended more
than one.
" It is always easier to talk with and gain the
support of a friend versus someone you do not
know. We need to build relationships with our
delegates to expect their support, just as we do
with our customers. "
-RUSSELL LAFFITTE, PALMETTO STATE BANK
Among the community bankers
was Russell Laffi tte, COO of Palmetto
State Bank, a $550 million-asset bank
in Hampton, S.C. Of principal concern
for Laffi tte and other attending bankers
was an extension or replacement
of the Flood Insurance Act, particularly
in light of the extensive fl ooding
that has affected South Carolina over
the past two years.
Discussions also centered on support
of the Clear Relief Act, concern
over the HMDA expansion and the
challenges of helping customers
while complying with data reporting
requirements set by the Consumer
Financial Protection Bureau.
" It's important for us to remind
[members of Congress] that our banks
want to help the consumers and that
regulatory burdens hamper that
Building foundations-Rep. Jim Clyburn (D-S.C.), third from left, welcomes community
banker constituents to his office. From left to right: Reid Pollard, Enterprise Bank; John Wiggins,
First National Bank of South Carolina; Russell Laffitte, Palmetto State Bank; Gwen Bunton, Bank of
Walterboro; Jamie Bunton, Bank of Walterboro; and Vera Herbert, Carolina Bank & Trust.
28 ICBA IndependentBanker October 2017

Independent Banker - October 2017

Table of Contents for the Digital Edition of Independent Banker - October 2017

Table of Contents
Independent Banker - October 2017 - Intro
Independent Banker - October 2017 - Cover1
Independent Banker - October 2017 - Cover2
Independent Banker - October 2017 - Table of Contents
Independent Banker - October 2017 - 2
Independent Banker - October 2017 - 3
Independent Banker - October 2017 - 4
Independent Banker - October 2017 - 5
Independent Banker - October 2017 - 6
Independent Banker - October 2017 - 7
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Independent Banker - October 2017 - Cover3
Independent Banker - October 2017 - Cover4
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