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. 92, No. 8, August

Basle Committee Is Flexible on Capital
A SENIOR OFFICIAL OF THE European Banking Federation recently alerted the Financial Times to the view that the impact of capital reforms proposed by the Basle Committee "will fundamentally change the way the banking industry works." Little surprise,...
Big-Bank Budgets
Survey of capital budgeting practices turns up a few surprises, like the fact that half don't even do it The body of knowledge in finance contains numerous capital budgeting research articles based on large corporations. A search of the literature...
Community Banks in All but Name?
Walter Wriston once said, "If it quacks like a bank, it's a bank." He was talking about Merrill Lynch. Today, he'd be talking about credit unions as business lenders The man came on just long enough to see who was calling and put me on hold. I've...
Compliance: Where Are the Current Pitfalls?
It is a sad commentary for any industry that the area of its business that deals with complying with the rules and regulations established by the government is growing faster than the industry itself. This is certainly the case in the financial services...
Do Things Look a Little Different?
WILLIAM W. STREETER We've run articles that urged you to operate based more on what customers want and less on what you think they want, so it seems fitting that we follow our own advice. We, like you, didn't suddenly discover the concept of listening...
Farewell to Clarkfield
hello to different ag markets LATE JUNE FOUND STEVE LINDHOLM, president of Farmers & Merchants State Bank, Clarkfield, Minn., away from his home base, attending the annual summer meeting of the Minnesota Bankers Association, up in the state's...
From "Commish" to Web Lender
If you were a burgeoning Internet company scouting out a prospective CEO, where would you seek entrepreneurial talent first? Probably not the nearest bank regulator's office, considering common stereotypes. Compared to fast-moving, turn-on-the-dime...
Homeownership Counseling Required
Q. Has homeownership counseling been revived? A. FDIC's Consumer Examination Manual states: "The Housing and Urban Development Act of 1968 (12 USC 1701 x (c)(5)) was amended with regard to the homeownership counseling notification requirements....
In Search of Benchmarks
Developing and using industry norms or "benchmarks" to review departmental performance is one of the most controversial and confusing challenges facing community bankers. Yet success at this analysis is critical because it has become commonly accepted...
Insurance Agents as Bankers, Round Two
Back when it seemed like everybody and his brother was trying to slide an application for a unitary thrift charter under the door at the Office of Thrift Supervision, before Congress closed the loophole, a quiet application was made in July 1998 for...
Is Soft Landing Here? Not Just Yet
THE ECONOMY WILL CONTINUE TO grow solidly, but at a more moderate pace, according to the American Bankers Association Economic Advisory Committee (EAC). While higher interest rates will bring moderation, strength in employment and capital spending...
Must Banks Give Away Their Small Business Franchise?
Almost every working day, 26 million small business owners visit their bank. Usually this is to make deposits, withdrawals or to check balances. But in the course of this banking relationship, businesses also use a myriad of other financial services....
New Wave of E-Money Options Hits the Web
E-commerce and newfangled computer gear are coaxing old-fashioned cash into futuristic form. Take the case of e-mail money. Representing encrypted value that is first paid for in the real world (by credit card or cash), and later presented for online...
Ratcheting Up the Fee Ration
Noninterest income accounts for well over half the revenue of some banks, but most work hard to get it past 20% There was a time when the noninterest colunm in financial reports represented little more than income from trust activities and the service...
Tackling the Web
Most signs indicate that bankers are taking the web pretty seriously. In the 2000 Community Bank Competitiveness Survey produced by the ABA Community Bankers Council and ABA Banking Journal, six-in-ten community bankers have, or will have, a website...
Watch the Small Stuff, but Don't Ignore the Big Picture
One of the problems inherent in compliance is that it is a detail-oriented discipline. Many banking laws and regulations require extreme attention to minutiae, sometimes compliance officers can become so entwined that they miss the bigger picture....