Pub. 10 2022 Issue 1

utah.bank 2 The Bottom Line Howard Headlee President and CEO Utah Bankers Association What happens when everything in society becomes political? I really don’t want to find out. The political pendulum is swinging higher and faster than ever. Sincere communication and debate are non-existent. Learning is considered a weakness. Reality is twisted to support any number of preferred narratives, which are then used as justification to push the reactive political pendulum higher in the opposite direction. We all need to be more thoughtful, more honest, more disciplined, more respectful, more kind; the list could go on. But rebuilding and maintaining these attributes in our public dialogue cannot be achieved through collective individual will; it requires institutions. Entities integrate us, and structures bring us together and promote rules and norms that help create a successful and functional society. The greatest contributor to the deficits that plague our society is the attacks on the institutions that promote the behavior that breeds our success. There are many institutions critical to this outcome, but in my role, I focus on one in particular — banks. Banks bring communities together. They safely guard the collective resources THE POLITICIZATION OF BANKING

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