What is NH Bankers Advocacy?

The New Hampshire Bankers Association is the voice for the state’s banking industry. When state and federal lawmakers are considering policy initiatives that affect banking, NH Bankers calls on its advocates to act as a loud, clear, and collective voice. There is strength in numbers, and the more bankers that engage with legislators the better.

Why is Advocacy Important?

Success on the legislative front largely depends on the efforts of NH Bankers Association member bankers. Each year, hundreds of New Hampshire bankers participate in the Association’s grassroots efforts from Legislative Meetings and Capitol Day to the Washington Visit and BankPAC. But there is always more to be done. It’s important for bankers to stay involved in grassroots in order to continue to advance the legislative agenda.

To be effective, every banker needs to get involved in grassroots advocacy. When all bankers participate in all kinds of advocacy, we can be a powerful force. All bankers working together to make NH thrive!

See NH Bankers work for advocacy for the state and nationally
NH Bankers Working for the Banking Industry


Ways you can Advocate on Behalf of the Banking Industry

Contact Your Legislators

Contact Your Legislators

Add your voice! Contact your Legislators and encourage them to support pro-growth policies that will pay dividends for the communities they represent.

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Grassroots Alerts


ABA Action Alerts

What happens in Washington impacts every consumer and business throughout the nation. Make your voice heard and tell your federal lawmakers how their decisions will affect you and your community by taking action. click on the links below to contact your senators.


Action needed: NH Bankers: Oppose Credit Card Routing Mandates
Senators Roger Marshall (R-KS) and Dick Durbin (D-IL) have recently introduced S. 4674, legislation expanding government routing mandates to the credit card market. Reps. Lance Gooden (R-TX) and Peter Welch (D-VT) have introduced a companion bill in the House, H.R. 8874.

Over 10 years ago, the Durbin amendment imposed a price cap on interchange revenue financial institutions can receive on debit cards and mandated financial institutions offer at least two networks for routing of debit card transactions.  Rather than save consumers money as promised, merchants pocketed the savings they reaped from the government price cap, while community banks lost a revenue source to support important consumer benefits like free checking and debit rewards. 

Now, this new legislation would impose even more restrictive government mandates on credit card transactions.  Rather than allowing banks to choose networks offering the best customer experience, security, and resiliency, they would be forced to choose among options set by the Federal Reserve. This means banks would be forced to do business with companies that may be less safe and reliable.

This bill would also require banks accept all types of transactions a merchant requests, which would force banks to frequently reissue cards to meet new retailer demands.  Community banks, which tend to have a lower volume of credit card transactions, may be forced to no longer offer credit cards, as their options and negotiating power would be altered by this government intervention into private business decisions.

Write your lawmakers today and urge them to fight against these government mandates. Ask them to oppose S. 4674/H.R. 8874, the Credit Card Competition Act.

 
To learn more about ABA's issues they are monitoring, visit their Secure American Opportunity site.

ICBA Alerts

Grassroots lobbying is a powerful tool capable of producing tangible results for the community banking industry.

Be heard - take action through the Independent Community Bankers of America Action Center