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. 7, July

A New Old Strategy
Riding the yield curve with long-term tax-frees A banker who attended one of IBAA Securities Corp.'s investment seminars asked whether it made sense to use a RTYC (riding-theyield-curve) strategy to manage a tax-free portfolio. After a little thought,...
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An Eye for Change
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 banking agencies. EXTERNAL AUDIT PROGRAMS Issue: Proposed Policy...
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Banks Receive FHLB Funding for Affordable Housing Projects
Eleven community banks in three southwestern states received funding grants from the Federal Home Loan Bank of Dallas to support affordable housing projects sponsored by nonprofit organizations. The funding, part of the Dallas Region Partnership Grant...
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Big City Banker
Joe Bracewell takes on Washington's heavy hitters The bold headline screamed at him: "Merger Deal Would Create Nationwide Bank." Joe Bracewell picked up his newspaper, scanned the front-page story with mild interest, sipped his piping hot coffee, and...
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Bottom-Line Training
Increase sales and improve service with your greatest asset-your employees Community banks have a longstanding reputation for providing personal, friendly service. Unfortunately, as the financial services industry grows increasingly competitive, "good"...
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Cautious Optimism
California bankers are hopeful about avoiding the "Asian flu" Benjamin Hong is a native of South Korea who runs a community bank in Los Angeles, Calif. But while he is feeling healthy these days, his native homeland is feeling the "Asian flu," and forecasts...
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Celebrating the Fourth
Plan your bank's marketing activities now for the upcoming fourth quarter It's July and most folks are thinking about celebrating our national Independence Day on the fourth. But for bank marketers, this is the time to begin plans for the other fourth-the...
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Chart Your Course
Six steps to successful long-term strategic plans Long-term strategic planning is an essential task for high-performing community banks today. In fact, it is becoming a critica component of success as the 21st century approaches. The market forces and...
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Checking Numbers
Calculate your bank's break-even point for free checking accounts As competition heats up for new deposits in our robust economy, more community bankers are looking to offer free checking accounts to increase their deposit bases. Many bankers feel that...
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Conquer Stage Fright
Preparation, practice and passion overcome fears of public speaking Mr. Beaver, I'm not in your class, but if you have a moment, I would like to talk to you. I need some help with a problem that I've had for years, but now it's affecting my job." The...
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Disinfect the Carcass
As you know, it is highly likely that antibanking credit union legislation and pro-banking bankruptcy reform legislation will be on the Senate floor in July. However, this column concerns the credit union bill. Speaking before nearly 300 community bankers...
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Exchanging Data
Most community bankers are aware of financial electronic data interchange, the payment-related information that accompanies ACH payments, usually sent from one business to another. Just like invoice information on commercial check stubs, financial EDI,...
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Forgive Thy Trespasses
AVOID BANKERS' MOST COMMON COMPLIANCE SINS-TRIVIAL AND OTHERWISE As we approach the third millennium, bankers have a lot on their minds. Forecasts of a possible economic downturn, year 2000 computer problems, growing competition and greater consolidation...
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Leaving a Legacy
Proper CEO retirement plans take time and effort to prepare successors Not until a bout with cancer in the early 1980s did Jim Henry think seriously about who would succeed him as president and CEO of Oakland Deposit Bank, a $41 million-asset bank in...
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Marketing by Mail
Take the personal approach and connect to customers through direct mail Whatever happened to the simple letter and a stamp? In an age of pushy telemarketers, sophisticated call centers, mass media blitzes and unsolicited e-mail, many of today's marketing...
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Online for a Reason
Michigan bank uses the Internet to cut costs, improve service and reach more customers Crestmark Bank is not your typical community bank. One look at its Web site (www.crestmark .com) will show you why. There you learn that Crestmark has no branches,...
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Sifting through Options
What to consider when choosing a bank card agent program By now, you're already forecasting the score. The once delicate dance of big-bank consolidation has become a furious fit of frenzied mergers, buyouts and takeovers. Big banks' craving to become...
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Software Advantage
From the start, Minneapolis de novo focuses on automation for its edge Metro Community Bank in Minneapolis, Minn., is a community bank by design. It opened its doors in November 1996 with down-home friendliness and brand new technology. It has $20 million...
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Waiting on Hold
Editor's Note: Technology can transform our lives. It can boost our productivity, relieve us from drudgery and even create exciting new possibilities limited only by our imaginations. In fact, the computer revolution is redefining the very nature of...
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