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. 7, July

ATM Vending
Doling out cash is just one service ATM's provide Today's ATMs dispense a lot more than money. Stamps, movie tickets, ski lift passes and bank statements are already available through the machines. Even test projects in selling airline tickets are being...
Back to His Roots
Jim Vining brings securities trading to America's community banks Jim Vining, CEO of Memphis-based ViningSparks IBG, is a product of rural America and understands the impact community banks have on Main Street. Vining was born in Bristow, Okla., (population...
Community Bankers: Tell the Congress "No!"
Deposit insurance and an ongoing Federal Reserve role in the provision of payment services underlie public confidence in our banking system. They also are enormously important to the future of community banking. The Federal Reserve is to be commended...
Compliance Help
Editor's Note: Independent Banker offers this monthly column to inform community bankers about the wide array of software products available. This column should serve only as a guide. IBAA and Independent Banker make no endorsement of any software products...
Compliance Helpers
Computers, books and classes will keep you sharp Like a strict grammar school teacher, Mark Eppler gives his employees pop quizzes on bank compliance. Whether new or experienced, none escapes his impromptu tests. "We want our employees to learn something...
Discovering KSOPs
Does your retirement plan waste shareholder money? Today, the 401(k) program is the most common retirement plan. But is the 401(k) the best use of your bank's shareholder money? What if the dollars your bank has committed to the retirement plan could...
Financial Concentration Today and Tomorrow
When Congress adopted the Riegle-Neal Interstate Banking and Branching Efficiency Act of 1994, not so much as a ripple of concern stirred outside the banking industry. Even too many within banking thought the new law wouldn't make much of a splash-an...
IBAA's New Look Online
Learn from our experience for your own online success Earlier this year, IBAA redesigned its Web site (http://www.ibaa.org) to more effectively meet the needs of consumers and bankers. During this process, we faced a variety of issues related to content,...
Improving Rural Financing
Editor's Note: What might be done to improve the operation of rural financial markets? To address this question, the Federal Reserve Bank of Kansas City sponsored a conference titled "Financing Rural America," last winter in Omaha, Neb. The conference...
Knock out Your Big-Bank Rivals
What a great feeling it is when your boxing glove connects with the "glass jaw" of your big bank competition. It's an even better feeling when the bell rings, the match is over and the referee declares your bank the winner because you knocked out your...
Making the Transaction
How to move beyond traditional bank management Of all the challenges facing community banks today, the transition from an order-taker culture to a sales-service culture is perhaps the hardest. It just runs contrary to many bankers' experience. Much has...
Market to Minors
Remember the needs of younger customers-and their parents' Much marketing attention is focused today on the unprecedented transfer of wealth occurring between older parents and their adult offspring. But the underage set could be one of the most overlooked...
Mastering Rates
Consider using buydowns to help qualify more home buyers There are many ways banks can help make housing affordable in small- and mediumsize communities as well in rural areas. Temporary buydown features on conventional 15- or 30-year, fixed-rate mortgages...
Ray Davis Paints the Future of Retail Banking in Oregon
In just three years, Ray Davis transformed the formerly sleepy little South Umpqua Bank in Roseberg, Ore., into cutting-edge, high-performing retail outlet. He has taken his palette of colors, his brushes, and his canvas and painted a new vision of banking...
Run for the Roses
First National of Keystone a winner three years running For the third consecutive year, West Virginia has produced the winningest bank in the nation. The First National Bank of Keystone, W.Va., posted a staggering 8.96 percent return on average assets...
Rural Housing Finance
Invest in mortgage-backed securities and the benefits of FHLB membership One of the hottest ideas in banking today-using the benefits of Federal Home Loan Bank membership to gain a competitive advantage-originated from the lack of long-term housing finance...
'Take This Job And.'
Four bankers tell how they handled consolidation madness Though many years old, country music fans still delight over the hit song titled "Take This Job and Shove It!" Maybe the song retains popularity because most of us have wanted to say those crass...
Telling Our Story
Bankers celebrate Community Banking Month with creativity and flair he teen-agers hanging around the drive-through at Bank of Pine Hill, Ala., let customers know that banking on this April day wouldn't be "business as usual." Why? Because the bank was...
The Plastic Wars
Is the credit card market saturated? Has every rock been overturned in the search for every good customer? And if so, how does your bank compete for new customers, retain existing ones and keep its credit card portfolio profitable? Some answers may lie...