Independent Banker

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

Articles from Vol. 50, No. 7, July

Adding Lending Gear
For Les Mergelman, SBA loans helped jumpstart his Colorado co-mmunity's flagging agri-cultural economy. An opportunity to grow his Texas bank attracted Scott Heitkamp to the governmentbacked funding. And the loans allow Art Demarillas' California bank...
Always Learning
Information age requires lifelong learning and savvy directors "A wise system of education will at last teach us how little man yet knows, how much he has still to learn," said Sir John Lubbock, an English banker, politician and naturalist. While spoken...
Cash for Classrooms
A New Orleans bank's affinity credit card program funds local classrooms Forget the traditional car wash, bake sale or craft sale fund-raisers for the local school board. Liberty Bank and Trust in New Orleans has found an innovative way to give money...
E-Mortgages Gear Up
The State Bank of Cross Plains, Wis., is a heavy mortgage originator with a long history of moving people into homes of their own. President Lee Swanson says the origination process is a bear, so management keeps its ear to the ground for new products...
Export Financing
A Profitable service for your bank-with the export-import bank Is your bank looking for a new servie to offter? Is it looking for a service that can generate an ROE near or above percent? What if the service also carried` a 90 percent loan guarantee...
Flying Solo Online
What does Wingspan's clipping mean for community banks? Does Wingspan's lack of altitude forecast engine trouble for Internet banking at community banks? Internet banking has been a hot industry topic for several years now. But the recent the financial...
Hitting the Bull's-Eye
Community banks take aim in the challenge to win today's sales-culture wars In every independent community banker's survival kit, there should be a mantra reading, "I shall build a sales culture in my bank." More than ever, as product lines, technology...
Justice Is Not Being Served
These days the Department of Justice is making a controversial splash across the front pages of our newspapers. With the announced breakup of Microsoft, the DOJ has irked not only the freewheeling capitalists, but also those who believe that Microsoft...
New Kid on the Block
It has ruffled some feathers, but the new Mortgage Partnership Finance program is undoubtedly increasing competition in the secondary market. And community banks are beginning to take notice. First launched as a pilot program in 1997, the Federal Home...
Rebuilding Neighborhoods
Community development can mean a lot of things to different people, but to Michael Murry, it means stimulating a dormart economy and bringing :a neighborood back to life. In the mid-1980s, Murry noticed that a neighborhood on the south side of Milwaukee,...
Talking Privacy
Agencies tackle complex consumer privacy regulations in Gramm-Leach-Bliley 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 ICBA provides...
The Examiners' Viewpoint
What are the most prevalent bank investment exceptions? Recently, the FDIC surveyed its senior regional capital market specialists throughout the United States for their perspectives on bank portfolio management issues. The agency veterans were asked,...
Weathering Hard Times
Shield your banh's customers against.storm interest rates and sliding mortgage originations To qualify, borrowers generally must have solid credit ratings and credit scores of 650 or higher. The 100 percent financing loan is a true 100 percent program;...
Web Expectations
Your bank's Web site should contribute to the overall bottom line As your bank's telephone number listed in the local telephone directory? If a prospective customer dialed 411 information, would the operator be able to provide the phone number? Of course....
Your Accounting Options
Sorting through cash-flow and present-value accounting methods Consider a promise by high-risk borrower Joe Jones to pay $700 in 15 years versus a promise from very dependable borrower Sarah Smith to pay $700 in five years. A loan officer recognizes...