Independent Banker

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

Articles from Vol. 47, No. 2, February

A Legacy on the Prairie
Kansas bank endures with deep family roots in America's heartland Community banking has been a family affair at the Citizens State Bank in Miltonvale, Kan., for four generations. Dale Bradley, president, CEO and chairman of the rural community bank,...
All Together Now
Team compliance shares tasks for fewer costs and hangups First National Bank, Scott City, Kan., is a $46 million-asset bank with 18 employees, but its compliance staff is as large as that ot much larger banks. That's because First National's compliance...
Are You Trust Worthy?
A big pile of money is changing generational hands in America, and a panorama of financial products are out there trying to lure your most profitable customers away. Don't let the mega-banks and brokerage houses steal your customers and become the financial...
'Booking' Progress
North Dakota bank sparks economic revival through a new library The rural town of Velva, N.D., was in an economic slump. The farming community of roughly 950 people watched two major employers-a coal mine and an electrical generating plant-close their...
Cash Management
Software to help you keep corporate customers In February 1996, the $600 millionasset Citizens Bank & Trust of Paducah, Ky., hired a banker with automated clearing house experience, bought a new software system and went into the cash management business....
Charting a New Course
IBAA Bancard launches a credit card institutions During the past decade, the credit card industry has grown increasingly complex and competitive. While not yet a marginal business, the accelerated competition is driving up marketing and servicing costs...
Community Bankers Win Elections to FHLB Boards
Eighteen community bankers won elections to become board members for Federal Home Loan Bank districts across the country. Board members were elected by FHLB members in the districts they serve. Of the 55 FHLB board seats open in last fall's election,...
Cornering the Market
Making our unique national brand a reality for your customers When I tell someone where I work, I inevitably get this response, "Well, what exactly is an independent community bank?" Once I explain that our members are locally owned and operated financial...
Customer Bonding
Savings bond program teaches children and adults about investing In Fiona, Texas, a small farming community of about 3,800, Fiona State Bank is the only financial game in town. That doesn't help the bank in competing for local Hispanic residents, though....
Family Banking Tradition
Oklahoma family builds on three generations of experiences It's not unusual for a father to have dreams for his son. But it is unusual for a son to fulfill his father's dreams as brilliantly as Jack Dickey has. In just 27 years, he has grown a $2 million-asset...
FHLB Requirements
Mortgage-backed securities help banks qualify for membership Most community banks meet the mortgage-related requirements needed to qualify for Federal Home Loan Bank advances-at least 10 percent of their assets must be in residential mortgage loans or...
Hiring by 'Hand'
Handwriting analysis as a growing personnel tool Once viewed with skepticism, today handwriting analysis-called graphology by its practitioners-is used as an effective hiring tool. Even conservative bankers have turned to this nontraditional method to...
Is Image Everything?
Image check processing can reduce expenses, speed clearing operations and improve service, but to justify the huge investment, you need 100 percent customer acceptance. Getting this level of customer acceptance may be tough because imaging requires a...
Just the Basics
Take your first steps today toward becoming the electronic bank of tomorrow Some community bankers think that preparing for Internet banking means just worrying about the color and design of their home page. Don't laugh too loudly. While this seems silly...
Policing Foreign Trade
Some foreign transactions could be against the law If you saw a wire transfer order for Atlas Air Conditioning in London, would you be suspicious? What about Vinales Tours in Cancun? Or Fartrade Holdings in Switzerland? Believe it or not, these companies...
Reducing Paperwork
Credit to officers, appraisals and well-capitalized banks draw comment LETTERS FILED Loans to Bank Officers and Directors (Regulation OJ-Federal Reserve. IBAA supported a proposal to eliminate certain Regulation O restrictions involving extensions of...
Taking Stock
Bankers say weigh carefully the benefits and consequences of going public Dynamic Tri-Counties Bank in Chico, Calif., grew rapidly after its capitalization in 1974. Located 200 miles north of San Francisco, Tri-Co. serves rural Northern California. It...
The Dickey Connection to CBN's Success
The IBAA's Community Banking Network has been a tremendous success for IBAA members by helping them stay competitive and profitable. CBN has recorded a dramatic 101 percent increase in net income since 1992, which is the year Jack Dickey was elected...
The Just Fight
With the 105th Congress at work on Capitol Hill and President Clinton serving a second term in the Oval Office, it's time for us to form our battalions in preparation for the most important war of our business lives-fighting to preserve the separation...
Toot Your Own Horn
Why it's worth gold to promote your bank lost industry analysts agree that while community banks contribute tremendously to the markets they serve, they often don't get the public recognition they deserve. Many community bankers I've talked to over the...