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Friends on Capitol Hill

By: Blankenheim, Michael | Independent Banker, March 2001 | Article details

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Friends on Capitol Hill


Blankenheim, Michael, Independent Banker


Backed by community banking, Hefley and Nelson know and fight for Main Street America

With a respect for community banks nurtured by deep heartland roots, Rep. Joel Hefley (R-Colo.) and Sen. Benjamin Nelson (D-Neb.) are typical ot the political leaders ICBPAC supports through campaign donations.

As an example, Hefley is working hard with community bankers across the nation to raise federal deposit insurance coverage levels. With ICBA's enthusiastic support, the eight-term Colorado Republican plans to reintroduce a bill this Congress that would raise coverage levels to about $200,000 per account and index coverage levels to inflation. "I hope bankers join me in a crusade …

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