Legislative Advocacy

LET YOUR VOICE BE HEARD

In Iowa, we utilize a citizen legislature. A citizen legislature means your elected representation at the State and Federal Capitol relies on the general public to understand the impacts and effects of the legislation and rules they pass.

Because banks, like Security Savings Bank, are federally and state regulated, it is important that we remain vigilant to impending regulation and legislation that could positively or negatively impact us. Through legislative advocacy, we defend and promote banks and bank customers' interests, which means speaking out against harmful new laws and championing worthwhile causes.

Here's where we'll keep you updated about developments with pending issues and legislation.

Current Issues

Ask Congress: Why Don't Credit Unions Pay Taxes?

Did you know that you pay more taxes annually than billion-dollar credit unions? They avoid paying more than $4 billion a year! Meanwhile, other businesses in our communities, including community banks, all pay their fair share. Congress can fix this.

You can use the wizard by clicking the link below to urge your representative and senators to call a hearing to investigate why some of the biggest financial institutions in America skirt paying taxes.

LET YOUR VOICE BE HEARD REGARDING CREDIT UNIONS PAYING THEIR FAIR SHARE HERE

Resources

FIND YOUR LEGISLATOR

Not a Registered Voter? REGISTER ONLINE HERE

Security Savings Bank Community Impact Statement

Iowa Bankers Association (IBA)

As our state trade association for the Iowa banking industry, IBA advocates on our behalf with state and federal lawmakers in Des Moines and Washington, D.C.. IBA representatives review proposed legislation, identifying our official position, and advocating for or against the proposals as necessary.

IBA provides opportunities for bank management, staff and volunteers to interact with lawmakers and regulators, both in events throughout Iowa and in Washington D.C. These events are extremely important in providing access to industry decision-makers, further strengthening the IBA's voice as issues are considered. The legislative and regulatory proposals engaged by the IBA directly impact Iowa banks and the environment in which they operate.

American Bankers Association (ABA)

The American Bankers Association (ABA) is a Washington, D.C.-based trade association for the U.S. banking industry, founded in 1875. They lobby for banks of all sizes and charters, including community banks, such as Security Savings Bank. ABA believes that government policies should recognize the industry's diversity and the role of banks as drivers of economic growth and job creation. Laws and regulations should be tailored to correspond to a bank's charter, business model, local markets and risk profile so that banks across America can serve their customer and communities.

Learn more about American Bankers Association's legislative priorities.

Community Bankers of Iowa (CBI)

CBI has evolved their political efforts to concentrate on issues that are of benefit to Iowa’s Community Banks and their local economies. Their ability to bring forward those issues and projects and to coordinate with other like-minded organizations, is supported by their ability to make political contributions to candidates and legislators.

Independent Community Bankers of America (ICBA)

ICBA engages members of Congress and federal regulators to help them understand our industry and concerns and continuous push for pro-community bank policies.