Ensuring the future of elk, other wildlife, their habitat and our hunting heritage.


Monday, September 19, 2016

RMEF Featured at Federal Reserve Banking Conference

What do the banking industry and the Rocky Mountain Elk Foundation have in common? Those who attend a conference in St. Louis, Missouri, will soon find out.

The “who’s who” of the American banking world will gather at what's called the Federal Reserve/Conference of State Bank Supervisors Fourth Annual Community Banking Research and Policy Conference. It takes place September 28-29, 2016.

There are about 6,400 banks in the United States. One hundred of those (JP Morgan, Bank of America, Wells Fargo, etc.) hold the majority of assets and provide needed services nationwide. The remaining 6,400 banks are considered “community banks” which tend to have smaller asset sizes but are more intimately involved with local business and the local economy.

One of those small banks, First Montana Bank in the small town of Libby, played a big role in helping RMEF get off the ground back in its early days in the mid-1980s.

The Federal Reserve recently visited RMEF headquarters to learn more about this association and how the small town bank benefited a conservation organization that now has 220,000 members who share a mission of ensuring the future of elk, other wildlife, their habitat and our hunting heritage. Below is a short video produced by the Federal Reserve to be shown at the conference.


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