COINPAC - Colorado Independents Political Action Committee
COINPAC is the non-partisan statewide political action committee of IBC that seeks to elect both challengers and incumbent state lawmakers who support community banking and strive to maintain safety and soundness standards for community banks.
Who Can Contribute
YOU! Also, corporate contributions can be made by state banks and bank holding companies (regardless of the charters of their bank subsidiaries). Although national-chartered institutions are prohibited from making corporate contributions, individuals associated with national banks may personally contribute. Officers, directors, staff, and friends may make personal contributions at any time.
How Donations are Distributed
IBC's board of directors and lobbying team determine how to allocate the funds to best serve community banks based on their knowledge of the candidates and the legislators voting record.
Why You Should Contribute to COINPAC
IBC initiates legislation each session that helps you and your bank build profitability and operate safely and soundly. IBC also works to defeat legislation deemed harmful to community banks.
Every year, competitor interest groups, regulatory agencies, and consumer groups initiate legislation affecting the community banking profession in Colorado. In addition, the big banks have representation not just from their trade associations, but also from in-house representation and counsel. They also administer their own political action committees to influence policymakers.