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Bank of Bird-in-Hand President and CEO Lori Maley has been selected by the American Bankers Association to serve on ABA’s Community Bankers Council. PHOTO/PROVIDED
Maley selected for ABA Community Bankers Council
Lori Maley, president, and CEO of Bank of Bird-in-Hand has been chosen by the American Bankers Association to serve on ABA‘s Community Bankers Council.
“Community banks play such an important role in our banking industry,” Maley said in a statement. “This appointment gives me the opportunity to represent Pennsylvania and advocate for the continued success of America’s hometown banks.”
Maley has been president and CEO of Bank of Bird-in-Hand since 2017. Before that, she was the Bank’s first CFO. As CEO, her duties include working with the Board of Directors to develop the Bank’s policies and strategic vision and then overseeing the implementation of these policies and vision by management.
ABA’s Community Bankers Council meets twice a year and is made up of approximately 100 bankers from across the country from institutions with generally less than $5 billion in assets. Members are appointed by the ABA chair.
Among the legislative priorities discussed by the ABA are the ACRE Act, Credit Card Competition Act and SAFER Banking Act; and regulatory issues, including Section 1033 of the Dodd-Frank Act, debit card interchange fees and the Administration’s executive order on artificial intelligence.
Council members also shared how high interest rates have affected the business of banking, and exchanged ideas on deposit generation, loan growth, talent recruitment and retention, and other business and operational best practices.
