Independent Banker

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

Articles from Vol. 46, No. 7, July

Arbitraging with FHLB Advances
An increasing number of community bankers are putting together arbitrages, using various types of Federal Home Loan Bank advances, to purchase a wide range of investment products. This month's article will review a few arbitrages that bankers have recently...
Automating Mortgage Lending for Banks
Security Bank in Coos Bay, Ore., last winter began using an automated underwriting system, called Loan Prospector, from Freddie Mac. Within six months, the bank increased the volume of mortgage loan originations it normally handles by almost 50 percent....
Bankers Hang 10 on the Internet
Editor's Note: Over the next three months in the Independent Banker, Ms. Hlava will show bankers how to maneuver around banking-related sites on the Internet. Equipped with a computer and modem, community bankers can select from a host of Web sites to...
Bringing Computers into the Board Room
Preparing for board of directors meetings at County Bank in Merced, Calif., was becoming a costly, time-consuming chore. Collecting, sorting and delivering the mound of documents to the bank's 11 directors each month was becoming unwieldy. Preparing...
Deregulation, a Free-Market Emphasis Will Transform Agriculture for the Better
Over the last year, I have often compared our efforts to reform outdated farm policies with the Texas-to-Montana cattle drive in the movie "Lonesome Dove." We have fought off our share of hostile attacks and made it across more than one river full of...
Disclosures Help Depositors Little
After a difficult beginning four years ago, disclosure and advertising rules in Truth-in-Savings Act regulations have become standard practice for community banks. But have the customer benefits envisioned from this costly regulation materialized? When...
Diverse and Talented, They're Here for You
KENNETH A. GUENTHER EXECUTIVE VICE PRESIDENT IBAA, WASHINGTON, D.C. (202) 659-8111 (202) 659-1413 kguenther@ibaa.org Ken became IBAA's executive vice president in 1982, having joined the IBAA in late 1979. Much growth and development has occurred under...
Farm Bill Offers a New Way to Manage the Environment, Poses New Market Risks
Most Americans know that Congress recently passed the most sweeping overhaul of farm legislation in the last 60 years. What no one knows for sure is how the Federal Agricultural Improvement and Reform Act will affect the future of American agriculture....
Fast Forward to the Future
Editor's Note: In the following story, you must suspend your disbelief and pretend it's the year 2010. The writers present four futuristic, but feasible, stories about people who rely on the fictional First Community Bank of Home Town, USA, to meet their...
From the Top
The demise of the ambitious Leach bill that would have restructured the financial services industry reminded bankers again that as long as the Congress is in session, bankers face political risk. And, this political risk can drastically reshape the structure...
I Need to Market, but What Is It?
Last month I offered specific steps to help you incorporate marketing into your every workday. So, now that you've committed resources, what exactly is marketing? A group of community bank CEO's were recently asked this question. With definitions limited...
Revised CRA Exams Bring Needed Relief
"Our battles have been worthwhile!" exclaimed Denver Huff, triumphant over community bankers' successful efforts to revise Community Reinvestment Act regulations to reflect important differences in the size of financial institutions. The revised CRA...
The Little Bank That Did
Like the children's story about the little engine that could, the Bank of Chelsea is the little bank that did. What it "did" was serve a community successfully for 100 years. In 1896, Chelsea--named by a railroad official for his home in England--was...