Academic journal article ABA Banking Journal

ABA Newsletter

Academic journal article ABA Banking Journal

ABA Newsletter

Article excerpt

New ABA leaders

Hjalma Johnson, chairman and CEO of East Coast Bank Corp., Dade City, Fla., was elected president of the American Bankers Association at ABA's 1999 Annual Convention Oct. 10-12 in Phoenix. Donald R. Mengedoth, president and CEO of Community First Bankshares Inc., Fargo, N.D., was elected ABA president-elect.

Joining the ranks of ABA officers this year are James E. Smith, president, CEO, and director of Union State Bank and Trust, Clinton, Mo., who was elected ABA first vice-president; and James F. Beall, president and CEO, Farmers & Merchants Bank, Centre, Ala., who became ABA treasurer.

Smith's prior service with ABA includes the chairmanship of the Communications Council, the Government Relations Council, the Bankers Electronic Network, and the Task Force on Government Relations Grassroots. He is a past ABA director and a past president of the Missouri Bankers Association.

Beall has served on ABA's Government Relations Council, has chaired the association's BankPac Committee, has been active in the leadership of the Alabama Bankers Association, and is also a past board member of the American Bankers Professional and Fidelity Insurance Company.

Five new board members were elected to three-year terms: Elizabeth A. Duke, president, Bank of Tidewater, Virginia Beach, Va.; Bart R. Lindsay, president and CEO, First National Bank of Phillips County, Helena, Ark.; Robert F. Lowe, chairman, president and CEO, Lexington State Bank, Lexington, N.C.; Barbara Ralston, president, Camelback Community Bank, Phoenix, Ariz.; and James C. Smith, chairman and CEO, Webster Financial Corp., Waterbury, Conn.

Victory on Capitol Hill

ABA pulled off a major victory, blocking an amendment to an emergency farm-spending bill that would have allowed the Farm Credit System broad-spectrum commercial lending powers. …

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