D.C. Bankers Association Launches with Eighteen Members

Article Virginia Bankers Association

District of Columbia – Maryland Bankers Association (MBA) and Virginia Bankers Association (VBA) together announce the formation of the D.C. Bankers Association (DCBA), which launched on July 28 to provide consistent and unified advocacy for the District of Columbia banking community.

DCBA membership is open to all banks headquartered and/or operating in the District of Columbia, as well as qualified financial services companies, including card payment networks and issuers and other relevant service providers. To date, eighteen companies have joined as members of the new organization.

Founding Members of the DCBA:

Bank Members

  • Bank of America, NA
  • Capital One, NA
  • Citi
  • CityFirst Bank
  • Founders Bank
  • FVCbank
  • Industrial Bank
  • John Marshall Bank
  • JPMorgan Chase Bank, NA
  • Manufacturers and Traders Trust Company
  • PNC Bank, NA
  • Sandy Spring Bank
  • TD Bank, NA
  • The National Capital Bank of Washington
  • United Bank
  • Wells Fargo Bank, NA

Financial Services Members

  • American Express
  • Mastercard

On the members’ behalf, the DCBA will focus on legislative and regulatory efforts, especially within Washington D.C. City Council, the Mayor’s Office and the Department of Insurance, Securities and Banking.

Maryland Bankers Association President & CEO Ramon Looby said of the association’s formation, “It is very special to me to support the standing up of the D.C. Bankers Association, which will play a crucial role in advocating for banks and other financial institutions in the District of Columbia. This association provides a unique opportunity to collectively foster collaboration, create impactful change and demonstrate our unwavering commitment to creating a prosperous future for the DC community. I am honored to be part of this organization and look forward to how it will benefit DC’s economy, businesses, and communities.”

DCBA has tapped Janene Jackson as president of the organization, adding the DCBA to her client list as a partner at Holland & Knight LLP. Of Janene, VBA President & CEO Bruce Whitehurst said, “We are pleased to have the support of our eighteen charter members to make this organization a reality, with Janene at the helm. Having worked in all branches of the government of the District of Columbia, Janene has the extensive experience to help DCBA members navigate the legislative and regulatory aspects of local government.”

“I’m excited to be heading the D.C. Bankers Association,” said Jackson. “Banks play a central role in improving communities, fostering growth and economic development, and keeping the economy running smoothly.  I believe the D.C. Bankers Association will be a valuable resource to the City’s elected leaders as they address issues such as the redevelopment of downtown, affordable housing needs, support for small businesses, and workforce development. We are ready to lend our perspective, support and voices to the policy discussions that are happening in the District of Columbia.”

Each member bank will have a representative on the DCBA Board, which will provide general oversight of DCBA. Each member bank will also have a representative on the DCBA Advocacy Committee, which will work closely with Jackson on all issues in D.C. government that affect banking.

 

About the Virginia Bankers Association

The Virginia Bankers Association represents banks of all sizes and charters and has served as the unified voice for Virginia’s $881 billion banking industry and its 45 thousand employees since 1893. To learn more about the VBA, click here.

About the Maryland Bankers Association

Founded in 1896, the Maryland Bankers Association (MBA) is the only Maryland-based trade group representing banks in the state. MBA’s member banks employ 28,266 banking professionals in nearly 1,490 branch offices across the state. To find out more information, please visit www.mdbankers.com.