The Hoosier State's three banking associations will hold their joint legislative reception Jan. 8.

With no issues dividing them, the three groups decided that schmoozing with state legislators all at once would be a sure-fire way of demonstrating their unanimity.

"We wanted to indicate to the legislature that we are united on issues at the state level," said S. Joe DeHaven, president of the Community Bankers Association of Indiana.

The Indiana Bankers Association and the Indiana League of Savings Institutions are the other participants. Mr. DeHaven credited the IBA for the idea.

The three groups have sparred in the past. For instance, last year the community bank group unsuccessfully fought an IBA-backed bill to let local governments put deposits in banks headquartered outside of Indiana.

But when the state's legislature, called the General Assembly, resumes next year, the trade groups will be united on several issues, including life insurance powers for state-chartered banks.

Subscribe Now

Access to authoritative analysis and perspective and our data-driven report series.

14-Day Free Trial

No credit card required. Complete access to articles, breaking news and industry data.