The American Bankers Association, worried about the fees that banks would be obliged to pay, vehemently opposed deposit insurance. The State Bankers Association, to which many unit banks belonged, condemned the provisions designed to facilitate state-wide branching.
这不是因为20世纪30年代的银行家不像今日那么团结一致。当年，由于担心银行被迫缴纳保费，美国银行家协会强烈反对引入存款保险制度。而有许多单体银行会员的州级银行家协会则批评，有关规定将导致银行在州的层面上过度扩张。