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. 10, October

Agreeable Alliances
Partnership complement your product lines Service expectations at banks are high. Many customers today expect to get their money from an ATM, access their checking accounts on personal computers, place their savings in mutual funds, get rewards from...
An Easy Decision
Debit cards present an enormous opportunity for community banks Competitive pressures, increased customer service expectations and consumer desire for easier, quicker payment services are three forces facing community banks today. As a result, many community...
A Proper Education
Match the right training options to your needs and goals Employee education is an essential part of keeping your community bank's edge sharp, but with so many training options to choose from, how can you make sure you're using your education dollars...
Banking Is. Fun!
Fifth-generation Nebraska banker finds work a blast Robert Cook Fricke, known universally as "Bob," is affable and engaging, and possesses a ready smile. But beneath the charming veneer of this fifth generation Nebraska banker is an intensely intelligent...
Break the Taboo
Help your customers talk to their parents about estate planning Many of your bank's customers whose parents are still alive probably don't even know if their parents have a will. Most have probably never asked. Maybe they don't want to consider their...
Database Marketing
MCIF systems are the latest tools to glean more sales Hitting the bull's eye in bank marketing depends partly on how well you see the target. As regionals and superregionals expand into community bank territory, the marketing wars pit resident bankers...
Electronic Data Interchange
Evolving electronic payments rules focus IBAA's efforts CONSUMER ADVISORY COUNCIL Issue: Consumer Advisory Council consideration of financial restructuring legislation, finance charges, Community Reinvestment Act performance and consumer awareness of...
Glitch of the Century
INTERVIEW WITH AN FDIC REGULATOR ON YEAR 2000 COMPLIANCE The Federal Deposit Insurance Corp. and the other federal banking agencies have a risk-focused regulatory emphasis in overseeing financial institutions. Consequently, concern and awareness grow...
Lasting Commitment
Grain Belt bank finds renewed vigor in standing by its community Torn from Keith Lazar's desk calendar is the page for Dec. 29, 1995. The page hangs on the wall across from his desk in the president's office of the Washington State Bank. It is a testament...
Master Bond Swaps
Learn take-out yield and improve your portfolio's performance Bond swaps have once again become one of the bank portfolio manager's most popular management techniques. They fell out of favor a few years back when the sale of any bond for any reason was...
Mcif, Asap!
If you haven't already, plan to buy and install a database marketing system in 1998. You may also need to train a staff person to run it. Also referred to as a Marketing Customer Information File, this could be the most important investment for your...
Mending Markets
Southshore Bank and its parent company Shorebank Corp. have long been viewed as catalysts for community renewal on Chicago's south side. President Clinton first brought Southshore's efforts national recognition in the early 1990s, calling Southshore...
New Century Tasks
Prepare with the Federal Reserve System to survive the year 2000 The move to the year 2000 touches all industries worldwide. Virtually anything in our daily lives that relies on computer software-from elevators and bar codes to cars and ATMs-will be...
Our Daily Bread
Simply doling out guaranteed salaries no longer works in banking today, contends Michael Woody, a bank consultant in Edmond, Okla. Instead, employees must earn their pay. They must produce regular, tangible results. They should be rewarded based on their...
Risky Business
Birth of a capital corporation and South Dakota's new opportunity South Dakota was in need of venture capital. Bankers knew it, civic leaders knew it, and business leaders knew it. They all knew what was already too evident to budding entrepreneurs in...
Sizing Up MCIF
Pick database marketing software that fits your bank Most community bank presidents and CEOs are already aware of the benefits of marketing to existing customers to improve their bottom lines. They know it's far less expensive to sell additional products...
Streamlined Appraisals
Fannie Mae's new approach should save time and money For the past several years, Fannie Mae has strived to develop a faster and more efficient mortgage lending process for both banks and their customers. Technology, particularly software developments,...
Take out Yield
Table II on page 15 shows that a five-year, 6 percent Treasury in a 5 percent market is worth 104.38. The owner of the bond can hold the bond and earn 6 percent per year until the bond matures at par, or she can sell the bond now for an immediate 4.38...
The Fed's Future in Payments
Throughout the summer just ended, the Federal Reserve System has undertaken an exercise of critical interest and importance to community banks. I am referring to the work of the Rivlin Committee, headed by Federal Reserve Vice Chair Alice Rivlin, which...
Web Site Story
Think Web sites are expensive luxuries only big banks can afford? Think again! R.A. "Bobby" Pritchett, the chairman, president and CEO of Planters Bank & Trust Co disagrees. His bank in west-central Alabama has 11 employees, $14 million in assets...