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. 2, February

ACH Enlightenment
Consumers and businesses look to banks in adopting direct deposit and bill payment ith check processing costs going up and electronic payment costs going down, promoting ACH payments makes sense for banks. Direct deposit and bill payment are cheaper...
An Annual California Banker Harvest
Wine country proves worthy lure for western bankers Nestled in the nook of some of the nation's most breathtaking landscape, nearly 75 community bankers and exhibitors attended the California Independent Bankers annual convention and retreat Nov. 9-11...
Brace for a Big Year
As I pen this letter to you, my head spins with thoughts of how busy a year we face as community bankers. Now, more than ever, we need to pull together for the good of our industry to make sure Congress and the regulators hear our voices on these issues...
Classifying Securities
Weighing the pluses and minuses of Held-to-Maturity versus Available-for-Sale he question is whether to shift certain bank portfolio securities from Held-to-Maturity to Availablefor-Sale. Securities classified as HTM must be held to maturity except under...
Dallas Banker Featured in Money Magazine
Ever since the November issue of Money magazine hit the newsstands, Michaux Nash Jr., has been one popular guy. In fact, the founder, chairman and CEO of Dallas National Bank has been barraged by letters and phone calls since the profile showcasing him...
E-Mailing Congress
Use IBAA's member Web site to complement your traditional grass-roots lobbying This is a time of new beginnings in the nation's capital. The 106th Congress is organizing and new priorities are taking shape. Significant banking issues-financial restructuring,...
Finding New Funding
Bruce Morrison talks about today's Federal Home Loan Bank System Traditional banking, the longpracticed business of converting deposits into loans for a profit, is under increasing pressures and strains. Often today's smaller community banks are getting...
In History's Footsteps
While adapting to change, New England banks thrive for two centuries on customer service The dapper gentleman, dressed in the style typical of a successful New England businessman, stepped carefully over a muddy puddle, dodging a horse-drawn carriage,...
Into the Political Fray
California banker Richard Mount stands on the front lines as a community bank activist Early one morning some eight years ago, Richard Mount picked up his telephone receiver, dialed the number to his congressman, Rep. Tom Campbell, and spent 20 minutes...
Loans and Lollipops
Family friendly marketing grows as children and stressed parents multiply Family friendly marketing grows as children and stressed parents multiply. The concept of family marketing is making its way into mainstream business, thanks to large fast-food...
Milestones and Expansions
Interchange Bank in Saddle Brook, N.J., recently celebrated the opening of its first supermarket bank branch location in the Paramus ShopRite in Bergen County. "This proved to be the right place and the right time to expand our services into supermarket...
OCC Warns Banks to Improve Customer Service
After issuing repeated warnings to banks about loan quality, OCC Chief Counsel Julie L. Williams is turning her regulatory eye to customer service. And her new message to bankers is simple: Improve customer service or risk losing market share to the...
Operation Y2K: Contract Your Mayor
As key players in the life and well-being of their communities, community bankers have an opportunity to work with their mayors and local officials to assure that critical local services run smoothly in the year 2000. Yet some software experts warn that...
Playing a New Sales Game
Opportunities abound in bank insurance sales, but avoid the common pitfalls Jerry Renk sold loans and checking accounts and savings accounts and certificates of deposit to the people of rural Iowa, Illinois and Kansas all his professional life. But a...
Ready to Bear ARMs
Adjustable rate mortgages remain an important option for some homebuyers ince their introduction into the mortgage market in the early 1980s, adjustable rate mortgages, or ARMs, continue to evolve, adapting to changes in market conditions and borrower...
The New Investment Formula
'Honest broker' image, plus sound financial advice equals strong market share Okay, be honest-how many of you enlightened community bankers have placed your whole retirement nest egg in one interest-bearing basket? Not too many hands are going up out...
The Real Year 2000 Challenge
To keep customers and capture new ones, get ready now to provide Internet banking services Are you ready for the year 2000? By now, nearly all community banks have addressed most of their computers' Y2K problems. With 10 months left before the widely...
The Sands of Time
Take full advantage of today's collective moments for your future Some months ago the IBAA Education Department distributed a questionnaire to bankers who chose not to sign up for an IBAA educational conference or seminar during the previous year. The...