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LOBBYING REPORT |
Lobbying Disclosure Act of 1995 (Section 5) - All Filers Are Required to Complete This Page
2. Address
Address1 | 901 Community Drive |
Address2 | |
City | Springfield |
State | IL |
Zip Code | 62703 |
Country | USA |
3. Principal place of business (if different than line 2)
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State | |
Zip Code | |
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5. Senate ID# 400531588-12
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6. House ID# 411650000
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TYPE OF REPORT | 8. Year | 2012 |
Q1 (1/1 - 3/31) | Q2 (4/1 - 6/30) | Q3 (7/1 - 9/30) | Q4 (10/1 - 12/31) |
9. Check if this filing amends a previously filed version of this report
10. Check if this is a Termination Report | Termination Date | |
11. No Lobbying Issue Activity |
INCOME OR EXPENSES - YOU MUST complete either Line 12 or Line 13 | |||||||||
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12. Lobbying | 13. Organizations | ||||||||
INCOME relating to lobbying activities for this reporting period was: | EXPENSE relating to lobbying activities for this reporting period were: | ||||||||
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Provide a good faith estimate, rounded to the nearest $10,000, of all lobbying related income for the client (including all payments to the registrant by any other entity for lobbying activities on behalf of the client). | 14. REPORTING Check box to indicate expense accounting method. See instructions for description of options. | ||||||||
Method A.
Reporting amounts using LDA definitions only
Method B. Reporting amounts under section 6033(b)(8) of the Internal Revenue Code Method C. Reporting amounts under section 162(e) of the Internal Revenue Code |
Signature | Digitally Signed By: David G. Schroeder Vice President Federal Governmental Relations |
Date | 07/14/2012 |
LOBBYING ACTIVITY. Select as many codes as necessary to reflect the general issue areas in which the registrant engaged in lobbying on behalf of the client during the reporting period. Using a separate page for each code, provide information as requested. Add additional page(s) as needed.
15. General issue area code BAN
16. Specific lobbying issues
Rein in Significantly Important Financial institution (SIFI) with focused regulation including higher capital and liquidity requirements (House and Senate)
Shield community banks from the Dodd-Frank required increase in the deposit insurance fund reserve ratio from 1.15% to 1.35% (House and Senate)
Rein in Significantly Important Financial institution (SIFI) with focused regulation including higher capital and liquidity requirements (House and Senate)
Shield community banks from the Dodd-Frank required increase in the deposit insurance fund reserve ratio from 1.15% to 1.35% (House and Senate)
Consumer Financial Protection - focus on too-big-to-fail banks and financial firms and the shadow financial industry, high standards for consumer compliance required of community banks, accommodation of community banks in serving the needs of their customers, broad definition of covered person, consolidation of RESPA and TILA forms, regulatory compliance and increased regulatory burden, and regulatory relief (House and Senate)
Ensure the small debit card issuer exemption in the Dodd-Frank (Durbin Amendment) is working to protect community banks (House and Senate)
Downsizing too-big-to-fail banks over a five-years and the regulation of too-big-to-fail banks and financial firms and the shadow financial industry, separation of banking and commerce, expansion of the Volker Rule and restoration of Glass-Steagall Act (House and Senate)
Overzealous bank regulatory examinations regulator, senior management, and examiner attitudes and practices, treatment of Commercial Real Estate, excessive write-downs, arbitrary capital requirements, public enforcement actions, reform the appellate process, and community bank closures (House and Senate)
Tiered regulation and supervision for community banks (House and Senate)
Accounting changes FASB proposed fair value disclosures requiring parenthetical disclosures for all financial instruments carried at amortized cost, PCBOA proposal to expand the scope of the independent accountant during the audit and mandatory auditor rotation, amortizing commercial real estate losses over 10 years for regulatory capital purposes (House and Senate)
Secondary mortgage lending reforms curb imprudent lending practices without impacting responsible lenders and loan products designed to meet the diverse needs of community bank customers and their communities (House and Senate)
Reform of the housing GSEs - community bank access to a strong, impartial secondary market for residential loans that is financially strong and reliable, privately capitalized cooperative entities with limited mission (House and Senate)
Expansion of the Farm Credit System, Rural Community Investments proposal, focus on wholesale funding for community banks and providing correspondent services rather than direct retail competition with community banks (House and Senate)
Equitable capital rules which do not disadvantage community banks, higher capital and liquidity requirements for SIFIs, inclusion of accumulated and other comprehensive income in calculation of Tier 1 regulatory capital, and elimination of the 1.25% Allowance for Loan and Lease losses disallowance for regulatory capital purposes) (House and Senate)
Overdraft programs uncoordinated regulatory response, address proposed risks with specific banks in the context of the regulatory examination, defer to CFPB (House and Senate)
Maintain the Federal Home Loan Bank System and preserve their special functions and purposes (House and Senate)
Permanent closing of the ILC loophole (House and Senate)
Fairly compensate Fannie and Freddie preferred shareholders by restoring the share value and dividends (House and Senate)
H.R. 1697 (and S. 1600) - Communities First Act (Community bank regulatory and tax relief) (all sections) (House and Senate)
H.R. 1418 (and S. 509 renumbered in the Senate to S. 2231) - Small Business Lending Enhancement Act of 2011 (Expansion of credit unions member business lending powers) (all sections) (House and Senate)
H.R. 3993 Capital Access for Small Business and Jobs Act (Credit union access to outside capital) (all sections) (House and Senate)
H.R. 3461 (and 2160) Financial institutions Examination Fairness Act (To improve the examination of depository institutions) (all sections) (House and Senate)
Five-year extension of the Transaction Account Guarantee (TAG) program (House and Senate)
Comment Letter to the Financial Crimes Enforcement Network (Docket No. FINCEN- 1012-0001 - RIN 1506-AB15) regarding customer dur diligence requirements for community banks (Treasury/FinCEN)
Informal comment letter to FDIC regarding community bank regulatory burden, tiered regulation, Transaction Account Guarantee (TAG) program extension, and unfair competition by too-big-to-fail banks and financial firms, credit unions and Farm Credit lenders (FDIC)
H.R. 4367 (and S. 2029) ATM fee disclosure legislation to eliminate the duplicative disclosure notices on the exterior of ATM machines (House)
Comment Letter to the Securities and Exchange Commission regarding Title VI of the Jumpstart Our Business Startups Act (JOBS Act) regarding deregistration thresholds for thrifts (SEC)
Various amendments to the 2012 Farm Bill including: #2156 private sector delivery of crop insurance, #2201 and #2186 limit availability of crop insurance, #2219 conservation compliance with crop insurance, and #2268 USDA guaranteed lending programs (Senate)
Comment Letter to the CFPB (Docket No. CFPB-2012-0007) regarding overdrafts and the impact of overdrafts on consumers (Treasury/CFPB)
Informed the FDIC-IG (pursuant to their requirements under H.R. 2056) on the causes of bank failures, loss share agreements, and the community impact of bank failures (FDIC/IG)
17. House(s) of Congress and Federal agencies Check if None
U.S. HOUSE OF REPRESENTATIVES, U.S. SENATE, Federal Deposit Insurance Commission (FDIC), Securities & Exchange Commission (SEC), Treasury - Dept of
18. Name of each individual who acted as a lobbyist in this issue area
First Name | Last Name | Suffix | Covered Official Position (if applicable) | New |
David |
Schroeder |
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19. Interest of each foreign entity in the specific issues listed on line 16 above Check if None
LOBBYING ACTIVITY. Select as many codes as necessary to reflect the general issue areas in which the registrant engaged in lobbying on behalf of the client during the reporting period. Using a separate page for each code, provide information as requested. Add additional page(s) as needed.
15. General issue area code FIN
16. Specific lobbying issues
Rein in Significantly Important Financial institution (SIFI) with focused regulation including higher capital and liquidity requirements (House and Senate)
Shield community banks from the Dodd-Frank required increase in the deposit insurance fund reserve ratio from 1.15% to 1.35% (House and Senate)
Rein in Significantly Important Financial institution (SIFI) with focused regulation including higher capital and liquidity requirements (House and Senate)
Shield community banks from the Dodd-Frank required increase in the deposit insurance fund reserve ratio from 1.15% to 1.35% (House and Senate)
Consumer Financial Protection - focus on too-big-to-fail banks and financial firms and the shadow financial industry, high standards for consumer compliance required of community banks, accommodation of community banks in serving the needs of their customers, broad definition of covered person, consolidation of RESPA and TILA forms, regulatory compliance and increased regulatory burden, and regulatory relief (House and Senate)
Ensure the small debit card issuer exemption in the Dodd-Frank (Durbin Amendment) is working to protect community banks (House and Senate)
Downsizing too-big-to-fail banks over a five-years and the regulation of too-big-to-fail banks and financial firms and the shadow financial industry, separation of banking and commerce, expansion of the Volker Rule and restoration of Glass-Steagall Act (House and Senate)
Overzealous bank regulatory examinations regulator, senior management, and examiner attitudes and practices, treatment of Commercial Real Estate, excessive write-downs, arbitrary capital requirements, public enforcement actions, reform the appellate process, and community bank closures (House and Senate)
Tiered regulation and supervision for community banks (House and Senate)
Accounting changes FASB proposed fair value disclosures requiring parenthetical disclosures for all financial instruments carried at amortized cost, PCBOA proposal to expand the scope of the independent accountant during the audit and mandatory auditor rotation, amortizing commercial real estate losses over 10 years for regulatory capital purposes (House and Senate)
Secondary mortgage lending reforms curb imprudent lending practices without impacting responsible lenders and loan products designed to meet the diverse needs of community bank customers and their communities (House and Senate)
Reform of the housing GSEs - community bank access to a strong, impartial secondary market for residential loans that is financially strong and reliable, privately capitalized cooperative entities with limited mission (House and Senate)
Expansion of the Farm Credit System, Rural Community Investments proposal, focus on wholesale funding for community banks and providing correspondent services rather than direct retail competition with community banks (House and Senate)
Equitable capital rules which do not disadvantage community banks, higher capital and liquidity requirements for SIFIs, inclusion of accumulated and other comprehensive income in calculation of Tier 1 regulatory capital, and elimination of the 1.25% Allowance for Loan and Lease losses disallowance for regulatory capital purposes) (House and Senate)
Overdraft programs uncoordinated regulatory response, address proposed risks with specific banks in the context of the regulatory examination, defer to CFPB (House and Senate)
Maintain the Federal Home Loan Bank System and preserve their special functions and purposes (House and Senate)
Permanent closing of the ILC loophole (House and Senate)
Fairly compensate Fannie and Freddie preferred shareholders by restoring the share value and dividends (House and Senate)
H.R. 1697 (and S. 1600) - Communities First Act (Community bank regulatory and tax relief) (all sections) (House and Senate)
H.R. 1418 (and S. 509 renumbered in the Senate to S. 2231) - Small Business Lending Enhancement Act of 2011 (Expansion of credit unions member business lending powers) (all sections) (House and Senate)
H.R. 3993 Capital Access for Small Business and Jobs Act (Credit union access to outside capital) (all sections) (House and Senate)
H.R. 3461 (and 2160) Financial institutions Examination Fairness Act (To improve the examination of depository institutions) (all sections) (House and Senate)
Five-year extension of the Transaction Account Guarantee (TAG) program (House and Senate)
Comment Letter to the Financial Crimes Enforcement Network (Docket No. FINCEN- 1012-0001 - RIN 1506-AB15) regarding customer dur diligence requirements for community banks (Treasury/FinCEN)
Informal comment letter to FDIC regarding community bank regulatory burden, tiered regulation, Transaction Account Guarantee (TAG) program extension, and unfair competition by too-big-to-fail banks and financial firms, credit unions and Farm Credit lenders (FDIC)
H.R. 4367 (and S. 2029) ATM fee disclosure legislation to eliminate the duplicative disclosure notices on the exterior of ATM machines (House)
Comment Letter to the Securities and Exchange Commission regarding Title VI of the Jumpstart Our Business Startups Act (JOBS Act) regarding deregistration thresholds for thrifts (SEC)
Various amendments to the 2012 Farm Bill including: #2156 private sector delivery of crop insurance, #2201 and #2186 limit availability of crop insurance, #2219 conservation compliance with crop insurance, and #2268 USDA guaranteed lending programs (Senate)
Comment Letter to the CFPB (Docket No. CFPB-2012-0007) regarding overdrafts and the impact of overdrafts on consumers (Treasury/CFPB)
Informed the FDIC-IG (pursuant to their requirements under H.R. 2056) on the causes of bank failures, loss share agreements, and the community impact of bank failures (FDIC/IG)
17. House(s) of Congress and Federal agencies Check if None
U.S. HOUSE OF REPRESENTATIVES, U.S. SENATE, Federal Deposit Insurance Commission (FDIC), Securities & Exchange Commission (SEC), Treasury - Dept of
18. Name of each individual who acted as a lobbyist in this issue area
First Name | Last Name | Suffix | Covered Official Position (if applicable) | New |
David |
Schroeder |
|
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19. Interest of each foreign entity in the specific issues listed on line 16 above Check if None
LOBBYING ACTIVITY. Select as many codes as necessary to reflect the general issue areas in which the registrant engaged in lobbying on behalf of the client during the reporting period. Using a separate page for each code, provide information as requested. Add additional page(s) as needed.
15. General issue area code AGR
16. Specific lobbying issues
Expansion of the Farm Credit System, Rural Community Investments proposal, focus on wholesale funding for community banks and providing correspondent services rather than direct retail competition with community banks (House and Senate)
Informal comment letter to FDIC regarding community bank regulatory burden, tiered regulation, Transaction Account Guarantee (TAG) program extension,
and unfair competition by too-big-to-fail banks and financial firms, credit unions and Farm Credit lenders (FDIC)
Various amendments to the #2012 Farm Bill including: #2156 private sector delivery of crop insurance, #2201 and #2186 limit availability of crop insurance, #2219 conservation compliance with crop insurance, and #2268 USDA guaranteed lending programs (Senate)
17. House(s) of Congress and Federal agencies Check if None
U.S. HOUSE OF REPRESENTATIVES, U.S. SENATE, Federal Deposit Insurance Commission (FDIC)
18. Name of each individual who acted as a lobbyist in this issue area
First Name | Last Name | Suffix | Covered Official Position (if applicable) | New |
David |
Schroeder |
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19. Interest of each foreign entity in the specific issues listed on line 16 above Check if None
LOBBYING ACTIVITY. Select as many codes as necessary to reflect the general issue areas in which the registrant engaged in lobbying on behalf of the client during the reporting period. Using a separate page for each code, provide information as requested. Add additional page(s) as needed.
15. General issue area code CSP
16. Specific lobbying issues
Secondary mortgage lending reforms curb imprudent lending practices without impacting responsible lenders and loan products designed to meet the diverse needs of community bank customers and their communities (House and Senate)
Reform of the housing GSEs - community bank access to a strong, impartial secondary market for residential loans that is financially strong and reliable, privately capitalized cooperative entities with limited mission (House and Senate)
Comment Letter to the Financial Crimes Enforcement Network (Docket No. FINCEN- 1012-0001 - RIN 1506-AB15) regarding customer due diligence requirements for community banks (Treasury/FinCEN)
H.R. 4367 (and S. 2029) ATM fee disclosure legislation to eliminate the duplicative disclosure notices on the exterior of ATM machines (House)
Comment Letter to the CFPB (Docket No. CFPB-2012-0007) regarding overdrafts and the impact of overdrafts on consumers (Treasury/CFPB)
17. House(s) of Congress and Federal agencies Check if None
U.S. HOUSE OF REPRESENTATIVES, U.S. SENATE, Treasury - Dept of
18. Name of each individual who acted as a lobbyist in this issue area
First Name | Last Name | Suffix | Covered Official Position (if applicable) | New |
David |
Schroeder |
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19. Interest of each foreign entity in the specific issues listed on line 16 above Check if None
LOBBYING ACTIVITY. Select as many codes as necessary to reflect the general issue areas in which the registrant engaged in lobbying on behalf of the client during the reporting period. Using a separate page for each code, provide information as requested. Add additional page(s) as needed.
15. General issue area code SMB
16. Specific lobbying issues
H.R. 1418 (and S. 509 - renumbered in the Senate to S. 2231) - Small Business Lending Enhancement Act of 2011 (Expansion of credit unions' member business lending powers) (all sections) (House and Senate)
H.R. 3993 - Capital Access for Small Business and Jobs Act (Credit union access to outside capital) (all sections) (House and Senate)
17. House(s) of Congress and Federal agencies Check if None
U.S. HOUSE OF REPRESENTATIVES, U.S. SENATE
18. Name of each individual who acted as a lobbyist in this issue area
First Name | Last Name | Suffix | Covered Official Position (if applicable) | New |
David |
Schroeder |
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19. Interest of each foreign entity in the specific issues listed on line 16 above Check if None
LOBBYING ACTIVITY. Select as many codes as necessary to reflect the general issue areas in which the registrant engaged in lobbying on behalf of the client during the reporting period. Using a separate page for each code, provide information as requested. Add additional page(s) as needed.
15. General issue area code TAX
16. Specific lobbying issues
H.R. 1418 (and S. 509 - renumbered in the Senate to S. 2231) - Small Business Lending Enhancement Act of 2011 (Expansion of credit unions' member business lending powers) (all sections) (House and Senate)
H.R. 3993 - Capital Access for Small Business and Jobs Act (Credit union access to outside capital) (all sections) (House and Senate)
17. House(s) of Congress and Federal agencies Check if None
U.S. HOUSE OF REPRESENTATIVES, U.S. SENATE
18. Name of each individual who acted as a lobbyist in this issue area
First Name | Last Name | Suffix | Covered Official Position (if applicable) | New |
David |
Schroeder |
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19. Interest of each foreign entity in the specific issues listed on line 16 above Check if None
Information Update Page - Complete ONLY where registration information has changed.
20. Client new address
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21. Client new principal place of business (if different than line 20)
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22. New General description of client’s business or activities
LOBBYIST UPDATE
23. Name of each previously reported individual who is no longer expected to act as a lobbyist for the client
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ISSUE UPDATE
24. General lobbying issue that no longer pertains
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AFFILIATED ORGANIZATIONS
25. Add the following affiliated organization(s)
Internet Address:
Name | Address |
Principal Place of Business (city and state or country) |
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26. Name of each previously reported organization that is no longer affiliated with the registrant or client
1 | 2 | 3 |
FOREIGN ENTITIES
27. Add the following foreign entities:
Name | Address |
Principal place of business (city and state or country) |
Amount of contribution for lobbying activities | Ownership percentage in client | ||||||||||
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28. Name of each previously reported foreign entity that no longer owns, or controls, or is affiliated with the registrant, client or affiliated organization
1 | 3 | 5 |
2 | 4 | 6 |