Tucsonan serving on FDIC community banking panel - Tucson Local Media: Business

Tucsonan serving on FDIC community banking panel

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Posted: Tuesday, October 20, 2009 11:00 pm

John Lewis, president of Southern Arizona Community Bank, has been named to the Federal Deposit Insurance Corporation's advisory committee on community banking.

Lewis is one of 14 community bankers chosen from more than 300 candidates nationwide. He attended the committee's first meeting last week at FDIC headquarters in Washington, D.C.

"I am honored to serve on this committee," said Lewis.  "It is our hope that federal banking regulators will better understand and appreciate the vital role community banks have in financing and supporting small businesses, entrepreneurs and nonprofits in their local market areas."

Lewis, a native Tucsonan, has been in the banking industry in Southern Arizona for more than 40 years. He helped launch Southern Arizona Community Bank in 1998. The bank is located on the northeast corner of Oracle and Orange Grove.

The new advisory committee, created in May by the FDIC board of directors, is being asked to provide the FDIC with advice and recommendations on a broad range of policy issues that impact community banks and their communities, according to FDIC chairman Sheila Bair.

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