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Serving The Needs Of Washington Bankers Since 1889<br />

lEGISLATIVE UPDATE — continued from page 11<br />

would have established a new and potentially substantial tax on our industry,<br />

as our branches would have been subject to <strong>the</strong> tax. The Association <strong>of</strong><br />

Washington Cities and local government unions considered this measure<br />

one <strong>of</strong> <strong>the</strong>ir top priorities. The bill received a high pr<strong>of</strong>ile hearing and was<br />

ultimately passed to <strong>the</strong> Rules Committee. It died in that committee after<br />

extensive lobbying from <strong>the</strong> WBA and <strong>the</strong> business community.<br />

Reflections on <strong>the</strong> 2011 Session<br />

The 2011 Legislative Session was yet again very active and challenging for<br />

<strong>the</strong> banking industry. Our industry faced powerful critics – labor unions,<br />

housing advocates and consumer groups – who were sophisticated, successfully<br />

exploited both traditional and social media outlets, and were fully<br />

financed. The foreclosure crisis and continued economic challenges again<br />

focused a great deal <strong>of</strong> attention on banks from lawmakers on both sides<br />

<strong>of</strong> <strong>the</strong> aisle and from <strong>the</strong> press.<br />

2011 ABA NATIoNAL<br />

AgriculturAl BAnkers conference<br />

November 6–9, 2011 JW Marriott Indianapolis Indianapolis, Indiana<br />

everything You Want to Know<br />

About Ag Lending…<br />

Get ready to focus on agriculture at <strong>the</strong> 2011 ABA National Agricultural Bankers Conference—<strong>the</strong><br />

biggest and best <strong>of</strong> its kind. Presented in cooperation with <strong>the</strong> Indiana Bankers Association, this<br />

year’s event will take place at <strong>the</strong> brand-new JW Marriott Indianapolis hotel—<strong>the</strong> largest Marriott<br />

ever built.<br />

You’ll find timely information, insights on trends and a look at what’s just around <strong>the</strong> corner. Top<br />

experts will address farm real estate prices, financing farm real estate, <strong>the</strong> outlook for commodities,<br />

technology on <strong>the</strong> farm, how to effectively use social media for marketing and more.<br />

DoN’t DelAy! For more information and to register, go to aba.com/AgConference.<br />

To protect <strong>the</strong> positive banking climate in Washington State we will need to<br />

continue to build our grass roots capabilities, make sure our PAC dramatically<br />

grows in size and scope, explore ways to more effectively use social<br />

media, and make sure our public affairs strategy continues to complement<br />

our governmental affairs efforts. Please see Jim Pishue’s article for more<br />

information as to how we will be moving forward.<br />

AG_11_SBAads_color.indd 2<br />

6/23/2011 12:28:49 PM<br />

Special Announcement:<br />

OTR, Inc. is <strong>of</strong>fering a 25% discount on Annual Meeting &<br />

Proxy Services for all new clients throughout 2011.<br />

A Partner You Can Trust.<br />

Proxy Services.<br />

Record Keeping.<br />

Trust Services.<br />

Corporate Actions.<br />

Dividend Disbursement.<br />

Shareholder Inquiries.<br />

24-Hour Online Access.<br />

DTC FAST Agent.<br />

Offer valid for all new clients who sign a contract within 2011 and hold a meeting within<br />

<strong>the</strong> following 12 months.<br />

An Independent Transfer Agent,<br />

located in downtown Portland, OR.<br />

www.transfer.com - online demos!<br />

1001 SW 5th Ave. Ste. 1550<br />

Portland, OR 97204 503-225-0375<br />

13<br />

July/August 2011 ⏐

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