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. 83, No. 1, January

ABA Ag Effort Keeps Plowing Ahead for Banks
The steady improvement in farm real estate values since the farm recession of the mid-1980s has given ag banks something to be happy about for a change. Loan portfolios are healthier, as are earnings. But ag lenders shouldn't assume-and likely don't-that...
A Regulatory Peek into 1991
The pace at which things move today makes it harder to predict what will arise in Washington. A good place to begin is the semiannual regulatory agenda published by many agencies that affect banking. These are among those collated in the Federal Register's...
Bank's Secured Credit Card Works Better Than Most
People who at some time in their lives have had credit troubles or have perhaps gone bankrupt find that it takes many years before they can get any kind of bank credit. Some of these people are responsible and conscientious but have suffered some...
Certificates Recognize Banking Professionals
6 Lawyers must pass bar exams. Dentists have to earn their D.D.S. Most accountants a CPAs. What proves that bankers have attained expertise in their field? Currently bankers have no letters to put after their names, but that void is being...
Farm Credit System's Future
How strong a competitor will the Farm Credit System be in the year ahead? "After posting operating losses of nearly $5 billion for 1985 and 1986, the system reported net income totaling $1.3 billion for 1988 and 1989," said Harold Steele, chairman...
How to Increase Customer Safety at ATMs
Although the number of crimes committed at or near ATMs is small when compared to the number of transactions executed at these machines, the concern for ATM safety should still be very important. Any threat to a customer using an ATM can have a major...
Keep the Lid on Wire Transfer Fraud
Wire transfer fraud defies easy statistical definition. No one-bank regulators, the Federal Bureau of Investigation, the insurance industry-keeps figures that clearly indicate the size of the problem. There are celebrated cases that make the papers...
New Anti-Crime Law Extends Open Season on Officers and Directors
A wise man, an elder in the community, was approached by a young man seeking answers. Sir, the young man said, "I need your advice. Here I am, sharp of mind, strong in ambition, looking for a career. "My father was a banker, as was his father...
New Appraisal Framework Grinds on towards Deadline
Come July 1 of this year, every state is supposed to have in place an apparatus for licensing and certifying real estate appraisers. And every state's program must pass the inspection of the federal Appraisal Subcommittee. Completing these evaluations...
New Front Begun in Bank vs. Credit Union Battle
Feb. 4 is the due date for the first legal response by the National Credit Union Administration to a lawsuit brought in December by ABA and five North Carolina community banks. The suit charges that the federal credit union regulator has permitted...
New Yorkers Use Cards to Buy Food Stamps
For several years now, electronic funds transfer (EFT) technolgy has been forging new links between the financial and business communities. A subset of EFT that provides electronic payments of government benefits such as food stamps, unemployment insurance,...
Recession, Reform, and Resurgence?
6 One of the most fascinating things about the issues facing the financial services business these days is how interconnected they all are. In a sense, they resemble a pile of pickup sticks. Move one and you will likely affect two or three more. Move...
Spotting and Handling Suspicious Transactions
In the "good old days"-just a few years back-the suspicious currency transaction was relatively easy to spot. "The customer would come in with $12,000 and we would whip out a currency transaction report," recalled banker Alan Slater. "Then he'd...
The Challenge at Hand
To say that banking, entering I is at a crossroads does not really convey the sense of importance, urgency, and opportunity of the moment. The list of challenges facing the industry is both long and constantly changing-developments are coming that...
Who's Doing What in Image Processing
Image-based high-speed check processing is expensive. Fullblown IBM or Unisys check imaging cOsts $10 million or more-probably much more-which means it is still a high-end technology, mostly for banks with $2 billion or more in deposits. For a time,...
Why It Doesn't Pay to Fight the Regulators
There is one quick way to commit suicide in the banking business-fight a regulatory agency. Commercial banks and bank holding companies that get into trouble tend to stonewall. They dig in the defenses against the regulatory agency that "created"...