Independent Banker

Founded in 1950, Independent Banker is a monthly trade magazine published by the Independent Community Bankers of America.

Articles from Vol. 49, No. 3, March

A New Spring
Welcome new IBAA members in a new dawn for community banking A Renaissance is taking place in community banking. In contrast to the raucous, earthrattling consolidation among the country's biggest bank chains, a quiet reaction against fast-food-style...
Big Sky Clearing
The Federal Reserve launches an all-electronic check clearing project in Montana Community banks across the country have a stake in an experiment that is being rolled out this year in Montana. The Helena branch of the Federal Reserve Bank of Minneapolis...
Brick by Brick
Three marketing steps to build your bank's mortgage business Proactive marketing is essential in today's banking industry, especially in mortgage lending. With industry consolidation and thin profit margins breeding fierce competition, community bankers...
Bringing Task In-House
Virginia bank uses a host of software to foster a `do-it-yourself' culture When it comes to bank operations, some community bankers just want to be in the driver's seat. They can find software that lets them do it. Such bankers run the fast-growing $300...
Calling on Spin Doctors
It started small. A Colorado community bank wanted to help local furloughed federal employees during the federal budget crisis in 1997 by lending each one a paycheck-interest free. News spread quickly. Then it snowballed. Soon U.S. Secretary of Agriculture...
Community Banking Month: T-Minus One Month and Counting
Take a look at your bank's events calendar. Is the month of April chock full of activities dedicated to celebrating the spirit of community banking? If not, you'd better get on the ball. Spring is knocking at your door and Community Banking Month is...
Don't Throw a Wrench in the Works
On the fringes of financial restructuring debates, federal deposit insurance reforms tinker with history and success Riotous bank runs. Bankrupt Wall Street investors. Abrupt factory closings. Bread lines. Dust bowl farmland. Itinerant hobos and ramshackle...
Managing Credit Risk Key to Survival, Study Finds
Community banks must improve their credit-risk management practices to be adequately prepared if the economy takes a nosedive. That's the finding of a survey released by Robert Morris Associates that looked at the risk management and business lending...
Meaningful Ax Relief
Proposals would topple more barriers hindering Subchapter S corporation elections More than 1,000 U.S. banks have converted to S corporations since Congress permitted such moves in 1997, and thousands more would like to. Just what is a Subchapter S corporation,...
Nebraska's Senate Sensation
Capitol Hill was deadlocked, and time was running out for Trent Lott (R-Miss.), the powerful Senate majority leader. Asia's crumbling economies appeared to be deteriorating rapidly, quivering on the edge of a free fall. With few options, Washington had...
New Mortgage Twist
FHLB pilot offers new residential secondary market options for community banks The Federal Home Loan Banks are expanding an innovative new program to support residential mortgage lending by community banks. The FHLB Mortgage Partnership Finance program,...
One for the Little Guy
TCM Bank creates profits where none existed before-from smaller credit card portfolios The State Bank of Odell, Neb., always had the opportunity to issue credit cards. Plenty of customers, even some of the best ones, had requested them. The trouble was,...
Passing the Torch
As I pen my final letter to you as IBAA president, I want to thank the many people who helped make my year of service to the community banking industry so fulfilling. I have received invaluable input on key issues as I crisscrossed our country traveling...
Setting Executive Pay
Incentive compensation plans tie bonuses to bank performance One of the most difficult tasks bank directors face is determining fair pay for key executives. Incentivebased compensation, where bonuses are awarded to employees for above-budget earnings...
Tending to Y2K
Regulators help banks address Y2K and tinker with other rules Y2K Safety and Soundness Issue: Proposal to establish interagency guidelines on Y2K safety and soundness standards. The guidelines would incorporate key principles outlined in eight previously...
Trouble in Hog Heaven
Pork producers hang with bankers' help amid rock-bottom commodity prices When hog prices plummeted to record lows at the end of 1998, hog farmers may have felt abandoned by the American mainstream-their economic disaster nothing more than another blip...
Welcome to IBAA's 1999 Convention and Techworld
Welcome to San Francisco, the spectacular backdrop for this year's 1999 IBAA National Convention and Techworld, "Spanning Two Centuries of Service to Main Street." As always, this event is exclusively devoted to the needs of the nation's independent...
You've Got Bills!
Smooth and seamless electronic commerce is coming, although nobody knows in exactly what form yet. But steady progress is being made. Today consumers and businesses alike are quickly getting hooked on the speed and convenience of Internet-based transactions....