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. 9, September

A New Tax Advantage
Subchapter S corporation status can help community banks stay independent During 1997, the year banks could become taxed as a Subchapter S corporation, more than 550 banks made the move to do so. By the end of 1999, 16 percent to 20 percent of the country's...
Creating Elbow Room with Purpose and Style
In the early 1990s, Dubuque Bank and Trust Co. in Dubuque, Iowa, struggled with the decision of whether to expand its cramped, circa-1924 downtown headquarters or move to a suburban shopping complex. The bank's trust and finance departments and insurance...
EFT '99 Countdown
Get ready for widespread electronic federal government payments The U.S. Treasury Department is leading the effort to implement legislation that will affect millions of Americans, thousands of companies and every bank in the country. The Debt Collection...
E-Mail Basics
Tips for using e-mail more efficiently E-mail is by far the most popular use of the Internet. It's a fast, inexpensive and convenient way to communicate with colleagues, customers and other bankers in your hometown or around the world. In this month's...
Finding High-Tech Harmony
The search for balance between the technological nitty-gritty and providing long-term vision Things have changed a lot since Jim Purcell became president at State National Bank in Big Spring, Texas. When he took the corner office 10 years ago, there...
Flip a Coin
Or conquer excellocollybusphobia (the fear of rising rates) Every two or three years, this Bank Investments column is written about interest rate forecasting. Well, it's time to talk about excellocollybusphobia again. From the end of 1990 to the end...
Got a Marketing Guru?
How to know when it's time to hire a bank marketing officer Once a month, I get a call from a community banker who is thinking about hiring a full-time marketing officer. Because the first things I'm asked for are salary information and a position description,...
Inside Job
Tight bank security means defending against white collar crime With fictitious checks and phony endorsements, a vice president of the Bank of Inverness in Inverness, Fla., took his employer to the bank. The fact that his employer was a bank made the...
Living in Eden
The Garden of Eden, as John Dean tells it, lies right outside his doorstep in Iowa. The state of Iowa, in fact, has 25 percent of the world's best Class A topsoil. But as a fourth-generation farmer, Dean's belief is reinforced by a lifetime of everyday...
Nuts and Bolts of Design
From parking to computers building a successful bank facility has many components Desiging for Today-It's a new era in bank design and construction. Planning a customer-friendly banking facility today means taking into consideration a wide range of interior...
Offer the Antidote
Today businesses have more options than ever for financing their growth, and commercial banks continue to play a strong role in fueling that growth. However, even though leasing has become a popular way for businesses to finance their equipment needs,...
On Top of Change
Interest rate risk, securities sales and ACH network fines lead comments to agencies INTEREST RATE RISK MANAGEMENT Issue: Proposed interest-rate risk management policy statement for Farm Credit System institutions. Agency: Farm Credit Administration....
Pick Your Option
Community banks have several choices to meet the affordable home loan demand With the current low mortgage rates, economic expansion and high consumer confidence, more families than ever, including those with less money to spend, are applying for home...
Speeding Things Up
When it comes to banking software, the $49 million-asset Iowa Trust and Savings Bank in Emmetsburg, Iowa, is aggressively opportunistic and cautiously conservative. When a start-up company pitched a "pretty jazzy" new core banking software product to...
Spotlight on Insurance
If your bank became embroiled in a lawsuit, how would its directors and officers' policy hold up? In today's business environment, lawsuits are commonplace, and community banks are not immune to legal action. If you have not done so, you should review...
Staying Fleet of Foot
Denver bank sponsors springtime race for families, charities and recognition In a race against the big boys, a small community bank in an upscale Denver business district has stumbled onto the winning track by sponsoring an elite foot race. The Cherry...
Taking Time for Light-Hearted Fun
If you visit with John C. Dean, watch your pockets. You're liable to walk home with a pocket full of silverware-someone else's silverware. Dean, an incorrigible prankster, has a mischievous habit of slipping odds and ends in people's pockets. The look...
The Long Rough Patch
HAND IN HAND, FARMERS AND BANKERS WEATHER A VOLATILE MIX OF TROUBLES RESHAPING AGRICULTURE IN THE 1990S OF TROUBLES RESHAPING AGRICULTURE IN THE 1 990S Ron Anderson has been farming the Red River Valley for 20 years. The last five have been some of the...
Unleashing Her Fury
1998 has been a tough year for many farmers. Texas and Oklahoma crops have been devastated by a terrible drought. Several southern and southeastern states are bracing for lower crop yields because of intense drought. The Northern Plains has also grappled...