Independent Banker

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

Articles from Vol. 48, No. 4, April

A No-Brainer Choice
Tales of a big bank refugee and community bank convert Editor's Note: Everyday it seems another big-bank merger hits the head-lines. As the number of banking institutions winnows day by day, consumers feel the turmoil-often through higher fees and less...
April Is Community Banking Month!
It's time for community banks to celebrate and say, "We're here to stay" In Wagner, S.D., you don't have to go to the bank to find out April is Community Banking Month. The chances are pretty good that one of Commercial State Bank's 24 employees will...
Art of Hiring Smart
Match the right person to the job and save thousands of dollars Hiring employees is undoubtedly one of management's greatest challenges. Successful hiring can propel a bank into greatness, while hiring mistakes may cause a lot of headaches. As hotel...
Defending Deposit Insurance
Why tamper with a system that has served us so well? EDITOR'S NOTE: The Federal Deposit Insurance Corp. hosted a day-long conference on Jan. 29 to discuss the role of deposit insurance in the evolving financial system. Conference participants debated...
Digging out from the Deluge
The Red River Valley bustles In the aftermath of the Midwest's massive spring flooding Early 1997 arrived like a Biblical curse in the Red River Valley across North Dakota and Minnesota. First the heavy snowfall came, enveloping the Midwest in record...
Disclosure Fever
Editor's Note: To keep bankers informed of proposed rules and other issues of concern to regulators, this column summarizes recent testimony and comment letters IBAA provides to federal banking agencies. MORTGAGE BROKER DISCLOSURE Issue: Proposal to...
Expand Your Lending
Consider two options to generate longer term, fixed-rate borrowing Community bankers enjoyed record earnings during the six past consecutive years and are looking forward to an equally impressive performance in 1998. However, uncovering quality loan...
Follow the Money
A look at the real competition community bankers face. After reviewing perceptions about competition last month, I kept wondering where all the deposits and loans were going-really going. So, after much searching for data, Federal Reserve economist Al...
From Paper to Electronics
With Federal Reserve help, electronic check presentment programs look to enhance the efficiency of the payments system Earlier this year the Rivlin Committee made the important, widely reported announcement that the Federal Reserve should continue providing...
Introducing IBAA's New Officers for 1998-99
IBAA members elected a new slate of executive officers last month at the 1998 National Convention and Techworld in Honolulu, Hawaii. These bankers, who will lead IBAA during the upcoming year, represent distinct communities throughout America. Some live...
Investment Soul Mates
S Corporations and municipal bonds-a match made in heaven or financial institutions that are Subchapter "S" Corporations, tax-free municipal bonds offer tax equivalent yields that dwarf taxable yields. As a result, most S Corporations should own as many...
Know the Card Rules: Regulations E and Z Direct How You Manage Customers' Bank Cards
Regulations E and Z direct how you manage customers' bank cards Today, consumers have several payment options to conduct their everyday personal business. Debit cards let people tap directly into the money in their personal bank accounts. Credit cards...
Learning the Ropes
Colorado small business loan program ties practical training to start-up funding As Sato Alvarez will tell you, when it comes to building a new furniture company, constructing cabinets is the easy part. "It's hard to go to a bank and say, 'I don't have...
Links to Success
Increase your bank's visibility online by linking other sites to yours Web site is an online billboard. It promotes your bank 24 hours a day, seven days a week to anyone who passes by. A key difference, however, lies in those last four words. Unlike...
Quick, Easy Ideas
Celebrating Community Banking Month can be a fun and beneficial way to remind people about the good things your bank does. It's not too late to plan an event for this year's celebration. Here are some ideas your bank can adopt quickly and easily. Employee...
Reliving the Crisis
One community banker looks back with gratitude On Saturday, April 19, 1997, 65,000 residents of Grand Forks, N.D., and its sister city, East Grand Forks on the Minnesota side of the Red River, were forced to evacuate their homes and businesses. Fleeing...
Relocating to the World Wide Web
The new, enhanced CBX brings community bankers faster easier access to online information Like any technology, change is a constant element of the Internet. New information and features are constantly added while other items are improved or removed....
The Debit Revolution
Editor's Note: Bank cards are a hot topic in the financial services industry today. ATMs offer more than just cash. Debit cards are growing fast, and smart cards loom on the horizon. Look for Dave Petro's tips, insight and industry soundings in this...
Tracking IRAs
Updated for new Roth accounts, software can help you manage customer IRAs Congress handed banks a new product when it authorized the Roth IRA, which is likely to have broad consumer appeal. The software banks use for their IRA accounting and reporting...
When the Going Gets Tough
As I pen my first letter to all of you, I would like to thank my good friend Bill Sones for his time and commitment to independent community banking. He has done a great job. Last month you bestowed upon me the honor of serving as your president for...
Year 2000 Focus
The millennium glitch affects your business customers' creditworthiness By now you know that the Year 2000 problem, if not properly addressed, could seriously disrupt your bank's operations. Regulators require you to focus on the Year 2000 problem, a...