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. 102, No. 11, November

A New Direction for CRA: Revisions Look Likely. Here Are Clues to the Outcome
[ILLUSTRATION OMITTED] A new turning in the road is coming for the Community Reinvestment Act. Whether the federal regulatory agencies take the input they received at four hearings held this summer or whether Congress takes action on CRA, bankers...
Basel III Redefines Capital: For Community Banks, the Third Time around for the Global Rules May Be Less "The Charm" Than Cause for Alarm
[ILLUSTRATION OMITTED] The sleepy town of Basel, Switzerland, seems an unlikely source for radical changes to the global banking environment. Best known as a pharmaceutical headquarters, it is also home to the Bank for International Settlements,...
Cash Recycling Gets Another Look: Improved Technology and the Need for Efficiency Has More Banks Interested
[ILLUSTRATION OMITTED] Teller cash recyclers (TCRs) are an evolution of teller cash dispensers, available for years. Recyclers connect with teller software and accept cash, verify authenticity, sort by denomination, and then securely store that...
Chapter 12's Bad Fit: Proposals to Adopt Farm-Type Cramdowns for Mortgages Ignore History, Ag Experts Say
[ILLUSTRATION OMITTED] Ask veteran ag banker Harley Bergmeyer about proposals to take concepts of Chapter 12, the family farm bankruptcy statute, and adopt them as a cure for the mortgage crisis. He'll tell you about a minister. It was back during...
Depositing Cash & Checks Simultaneously at ATMs
Since the beginning of the year, Wells Fargo has participated in a pilot with NCR Corp. using its new Scalable Deposit Module at 38 ATMs in and around Boulder, Colo. The new application lets customers deposit cash and checks simultaneously, without...
Does ACH Credit to Passbook Trigger Statement?
Q. We offer passbook savings to our customers. Our bank does not allow automated clearinghouse debits to be made from these accounts, but we do allow ACH credits. If a passbook savings account receives an ACH credit, does that trigger a need to generate...
Forget Japan, What Are We Doing?
Ever since the economic recovery lost steam a few months ago, there has been much discussion about whether the U.S. is repeating the Japanese experience. After that Asian country's stock and real estate bubbles burst, it has not been able to regain...
Genial Host at THE Biker Event: South Dakota Banker Welcomes Riders from All over the Globe
There are bankers who ride motorcycles. There are banker-bikers who make the pilgrimage to Sturgis Rally, world's largest motorcycle rally. And there is Boyd Waara, an ag lender and biker who's been to the rally 20 times, the last six as part owner...
High-Performance Mutuals Tell All
Three of the top 20 mutual savings institutions as measured by return on assets were represented on a panel at ABA's Annual Convention last month. One of the three--$2.7 billion-assets Maspeth Federal Savings & Loan, Maspeth, N.Y.--has been in...
"Modest" Describes Pay Raises: Latest ABA Compensation Survey Tracks Exec Pay, Board Fees, and Incentives
During the twelve months prior to March 31, 2010, banks increased base salaries by an average of 2.5%, the lowest percentage increase in over five years, according to the newly released 2010 ABA Compensation & Benefits Survey. More than 300...
My Goal: Restoring Banking to a Position of Honor
When I was a young man, some three years out of college, I had to make a career decision that would determine how I spent the rest of my life. The choice was between continuing to serve our country as a Naval officer, or following in the footsteps...
Our Two Cents on Structural Unemployment
In August, the unemployment rate rose to 9.6%, but it has been stubbornly around this elevated level or higher for well over a year. Economists and policymakers have been engaged in heated debates about the underlying cause for the sustained levels...
Q: Does Banker Involvement Make a Difference? an Interview with James Ballentine, ABA's Grassroots Expert
ABA Banking Journal: Has financial reform stimulated or suppressed banker involvement? James Ballentine: When there are people fundamentally seeking to change your industry, you're more likely to get involved. There's a tidal wave of laws and regulations...
Special Aspirin: Whose Service Makes You Smile?
The online Pass the Aspirin has been hosting a discussion where bankers talk about superior service they've experienced at nonbank businesses that they think banks could learn from. Add you story at www.ababj.com/blog/1331.html Remedy 1: Grace under...
Squeeze Play: Finding Capital Grows Tough. Finding Capital without Strings Grows Impossible
[ILLUSTRATION OMITTED] The capital story of American banking, right now, has several broad trends--among them the challenges of relying on private equity investments. But the individual banks out there looking for capital are on the firing line,...
The Puzzle of BABs: Should You Buy "Build America Bonds"? That and Other Portfolio Questions Answered
Loans represent 81% of the typical bank's earning assets, according to FDIC 2010 averages. Securities represent just 19%. So what makes one fifth of anything so important? Simply this: margin needs and liquidity requirements. Loan demand remains...
Trading Jabs with Charlie Gibson: The ABA's Annual Convention Gets a Touch of Television Star Power
An old adage about dealing with the press is, "Never argue with someone who buys ink by the barrel." Mixing it up with a former TV news anchor, however, is different, especially when he's on your turf. Three bankers taking part in a panel moderated...