ADA - Ronald L. Zimmerly, president & CEO of Liberty National Bank, recently returned from Washington, D.C. where he met with legislators and regulators to discuss how recent banking proposals have impacted Ohio.
Zimmerly was one of Ohio bankers who visited the nation's capital to voice the concerns of the financial services industry on behalf of the Ohio Bankers League and the American Bankers Association.
During the Washington visit, Zimmerly met with Senators Rob Portman and Sherrod Brown. House Financial Services Committee Chairman Congressman Jeb Hensarling (Texas), as well as Representatives Bob Latta and Jim Jordan. Zimmerly also met with former Ohio AG and current Consumer Financial Protection Bureau Chief Rich Cordray, and the Federal Reserve Governor Daniel Tarullo. He discussed issues regarding increased regulatory burden brought about by Dodd-Frank, tax dodging credit unions and security of the nation's banking infrastructure.
"Traditional banking is the engine that will drive our communities across Ohio into a strong economic future," Zimmerly said. "This was my opportunity to influence policy decisions made in Washington and also gather information that can help us meet the challenges we face locally."
More than 1,500 bankers visit Washington annually as part of the Washington Visit Program. The state bankers associations, in conjunction with the ABA, schedule briefings with the federal financial services regulatory agencies and visit the state's congressional delegation to educate them on issues before Congress that will impact the banking industry.