ABA Banking Journal

Founded in July of 1908, ABA Banking Journal online contains the complete text of ABA Banking Journal, a monthly magazine on commercial bank operation and management published by Simmons-Boardman Publishing Corp. Articles cover employee relations, recruiting and training. Subjects in the magazine also include installment, mortgage, commercial, and industrial lending as well as correspondent, foreign, and retail banking; deposit gathering; bank cards; asset and liability management; data processing and telecommunications; security; government relations; and legal and regulatory developments. The publication also provides a calendar of ABA-sponsored courses, seminars and workshops. William W. Streeter is the Editor-in-Chief and Robert DeMarco is the Group Publisher/Senior Vice President. Steve Cocheo is the Executive Editor and Andrea Rovira is the Editorial Assistant.

Articles from Vol. 88, No. 9, September

19 Tips from ABA's Compliance Conference
Earlier this year ABA held its annual National Regulatory Compliance Conference in New Orleans. Dozens of bankers, consultants, and regulators dispensed advice to attendess. Here is what they said, organized by subject area. "OFAC" ISSUES The...
'96 Nets an Impressive First Half
Despite concerns about consumer debt growing at an alarming pace and feisty competition from non-banks, 67 members of ABA's Community Bankers Council reported strong midyear earnings and predicted they will only get better. A recent spate of publicity...
ABA's National Fair of Ideas for Ag Banker
Being an ag banker isn't just healthy cows, green pastures, and friendly farmers. According to the ABA, in 1984 total farm debt reached about $200 billion, today it has shrunk to about $150 billion. As ag opportunity diminishes, competition is becoming...
Advisory Boards Play Key Role at Ohio Bank
Mid Am's chairman, Edward J. Reiter, likes input. So much so that besides maintaining a corporate board, bank and non-bank affiliate boards, and groups of emeritus directors--totalling more than 100 people--Mid Am maintains advisory boards for branches...
Big-Bank Exam Veteran Become Comptroller's First "Risk Czar."(G. Scott Calhoun of the Office of the Comptroller of the Currency)(Interview)
When you've been the resident examiner-ill-charge at one of the biggest banks in the world--Citibank, N.A.--what do you do for an encore? In the case of G. Scott Calhoun, a 19-year veteran of the Comptroller's Office, you break entirely new ground by...
Court Decision on Thrifts: Better Acquisition Candidates?
The U.S. Supreme Court handed down a decision with important consequences for many thrift institutions--and for banks that might consider acquiring them. The high court ruled that by arbitrarily changing the accounting rules governing thrifts in...
Getting to Know You
Data mining. Database marketing. Lifetime valuation. Sales culture. Brand equity. Mass customization. Niche players. Cross selling...Marketing has never been in short supply of buzzwords. But behind every catchphrase lies a nugget of truth that can...
Gone Fishing
Dick Yanak is what they call a live wire. He speaks in superlatives and exclamation points--and lives his life in the same manner. So when the 61-year-old president and CEO of the New York Cash Exchange (NYCE) retires in October, don't expect him to...
Grooming the Workhorse of Mortgage Tech
By sheer volume alone, residential-loan servicing software is the hardest-working code in a mortgage bank's systems. And with other members of the stable well on their way electronically, the trainers are turning their attention back to reliable old...
He Smiles. Shakes Your Hand Firmly. Looks You Right in the Eye. Is Your Bank about to Be Bilked?
Lenders come to private detective Randy Shain when something doesn't smell right about a loan deal. "When people have conducted business, it leaves a paper trial," says Shain of BackTrack Reports, Inc., New York City. "Entrepreneurs tend to leave...
Housing: Resilient in the Face of Higher Rates
The rise in mortgage interest rates in March-April 1996 was followed by predictions that housing sales and the volume of residential construction would contract. Through June, however, sales of existing and newly built homes and starts of new homes...
I'll Take a Five for This Ten, Please
Ed Seifried knew that he appreciated America, but he didn't realize just how much until he visited Russia. He discovered, for instance, that although American money circulates in the former Soviet Union, it must be perfect--no ragged edges, no scribbled...
Is It First and Goal for Debit Cards?
After two decades of going nowhere, the debit card, particularly the offline debit card, has . taken off. About 21 million house holds now use an off-line debit card, 75% more than last year. While on-line debit cards, mostly in the form of automated...
It's Time to Get Serious about Home Banking
We've all been talking about home banking so long that it seems like old hat. Yet today only around half a million households bank from their homes by personal computer. That's about one-half of one percent of all households. And according to Mentis...
Leading by Following
Alfred Hitchcock, the late film director, once said about actor Charles Laughton: "You can't direct a Laughton picture. The best you can hope for is to referee." In some ways the American Bankers Association is a referee, the go-between for big...
Literacy and the Unbanked
People who meet Ricky Rodriguez are usually impressed. A handsome 30-year-old with dancing eyes and a trim mustache, Rodriguez sports a ready grin and a firm handshake. Today he's looking for work--anything that pays more than minimum wage. Yet, Ricky's...
Planks from the Platforms
Banking per se rarely makes it into political parties' platforms and Election '96 is no exception. However, numerous issues of direct interest to bankers are touched on by both major parties' platforms. Those are selected and excerpted here. (To read...
Report from a "Segment of One." (Credit Card Companies Need to Address Everyday concerns)(Column)
The other night, I fell asleep in front of the TV. I saw a spot about a bank card co-branded with a shopping chain. They promised points towards tree groceries. I still don't know if I woke up and saw that commercial or if it was a glorious dream....
This Is Not Your Father's American Express
With a bit of showmanship, Alfred F. Kelly, Jr., pulls out his wallet and starts placing cards issued by American Express on the hard glass top of his corner office's conference table. Click. Kelly pulls out a golden American Express Corporate Card,...
Undercover Shoppers Help Banks Detect Own Rough Spots
Wanted: Skilled actors and actresses to be trained for special purposes. That's theater, not banking, you say? Well, consider this: The would-be thespians are trained by Service Intelligence, Inc. to go into banks, pose as customers, and report back...
You've Got the Green Light, So What's It Worth
Banks have been involved in insurance sales for a long time. As a matter of fact, a survey we l did in 1991 found that the majority of bank insurance operations were over 20 years old. This was no surprise since most of the banks with agencies were...