Independent Banker

Founded in 1950, Independent Banker is a monthly trade magazine published by the Independent Community Bankers of America.

Articles from Vol. 48, No. 10, October

Better Service, Rates
Latest Fed data shows community banks charge fewer, lower fees This summer, amid the backdrop of several megabank mergers, including the proposed cross-industry CitibankTravelers combination, the Federal Reserve quietly released its "Annual Report to...
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Crossing Borders
New electronic highways are ready to send international payments Has a business customer ever asked, "How do I send direct deposit payments to Canada?" With the North American Free Trade Agreement linking the economies of Canada, Mexico and the United...
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Dropping a Bombshell
Once the latest round of mergers among regional ATM networks is complete-and after Visa U.S.A. launches its new on-line debit card-will community banks still be able to offer customers the fairly priced, national access to the electronic bank card systems...
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Going to Plan B
Year contingency plans become bankers' top priority With only 14 months left before time runs out, corporations of all kinds and sizes around the country, even across the globe, are scurrying to patch their Year 2000 computer software problems. Most...
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Independent Report
STUDENT CITES COMMUNITY BANK'S LOCAL IMPORTANCE When high school senior Kimberly Sturgess decided to write an essay about community banking, her own hometown bank in Hankinson, N.D., came to mind. She mentioned Lincoln State Bank's involvement in establishing...
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Inside the Ballot Box
ECONOMIC UNCERTAINTY AND PRESIDENTIAL SCANDAL ARE EMERGING ISSUES FOR NOVEMBER'S MIDTERM ELECTIONS Despite recent economic tremors, congressional incumbents seem to be sitting pretty. Historically, the party out of power in the White House generally...
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Laying the Groundwork
As community bankers, we spent much of 1998 fighting legislative battles, the end result of which was the shift of market share between competing industries. We now have a unique opportunity to shape public pollcy before the debate and viewpoints harden....
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Locked and Boxed
Prime commercial clients are leading banks to automated lockbox services Editor's Note: Independent Banker offers this monthly column to in form community bankers about the wide array of banking software products available. This column should serve only...
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Mind Your Manners
Remember a few etiquette tips for better, more effective e-mail communication More and more community banks use email as a quick, easy way for employees to communicate with customers and colleagues around town and around the world. E-mail is similar...
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Offering a New Choice
Last month, Visa introduced a new spin on its familiar debit card product, Check Card. Visa's new product, an on-line debit card whimsically named "Check Card II," is touted as an alternative to the original, rather than a replacement. Check Card II...
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Rescue in a Hot Spot
Community banks go the extra mile to help others during Florida's wildfire crisis Wildfires raging out of control in northeast Florida had already forced staffers at Commercial Bank of Volusia County to carry away 14 personal computers, optical storage...
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Shifting Exam Gears
Get ready for new investment portfolio evaluations To supervise banks' risk management efforts better, the Federal Financial Institutions Examination Council approved a new supervisory policy statement on investment activities this spring. In response,...
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Standing Together
Welcome new IBAA members in promoting community banking Community banks remain the economic workhorses of Main Street America. They are a lifeline for small businesses and an extra pair of hands to family farms. For everyday consumers, they provide financial...
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Starting from Scratch
Bankers fulfill dreams of beginning anew-with fortitude, patience and a bit of courage In August 1995, the city of Bellevue, Wash., was undergoing a reformation. The local West Coast economy was booming. The Asian business community was growing. Then...
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The New Boss
Donna Tanoue takes over the FDIC as Y2K and other issues cloud horizon In 1983, as Hawaii's commissioner of financial institutions, Donna Tanoue faced a daunting task. The United States was in the midst of a nationwide savings and loan crisis that was...
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Tinkering with Rules
Federal Reserve Act, SBA loans and ACH network regulations reviewed Editor's Note: To keep bankers informed of proposed rules and other issues of concern to regulators, this column summarizes recent testimony and comment letters IBAA provides to federal...
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Tips for Capital Hill
Every American has the right to petition Congress for a redress of grievances. But getting the petition noticed and then granted is another matter entirely. What separates the winners from the losers in the congressional arena? Certainly the substance...
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Wielding Yardsticks
Move beyond ROA and ROE to quantify your bank's performance Measuring total performance has always been easy for bankers. The standards for bottomline measures of success continue to be Return on Assets and Return on Equity, the ratios that tell how...
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