Independent Banker

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

Articles from Vol. 45, No. 1, January

Direct Deposit Offers Your Customers Safety, Convenience and Economy
The Financial Management Sere (FMS) of the U.S. Department of the Treasury provides a program for receiving federal payments that is safe, convenient and economical. It's called the Direct Deposit Program. The Direct Deposit Program allows the federal...
EDI - It's Not Just for the Big Banks Anymore
Recently, a customer walked into The Bank of Bonifay, a $60 million-asset bank in Bonifay, Florida, with a letter and form from the U.S. Postal Service, which is converting all paper remittances to electronic data interchange (EDI). The form asked the...
Electronic Banking
A decade ago, the industry was abuzz about home banking. Large institutions poured millions of dollars into developing new technology that would revolutionize the way customers banked. Hype about the virtues of banking by telephone, computer and other...
For Compliance Sake
It wasn't long ago that compliance was considered a small part of an FDIC exam. But that was before FIRREA, FDICIA and a host of other banking regulations. Now the FDIC has a whole battery of examiners Just to look at compliance issues. A simple exam...
Foundations Are Popping Up Everywhere in South Dakota
South Dakota independent banks have landed on the ideal vehicle to foster local economic growth and bolster gift-giving to non-profit organizations: Make use of the tax-exempt community foundation.matter of a few short months, of banks across the state...
High-Tech Pioneer
Welcome to The State Bank, Fenton, Michigan. Just your typical 96-year-old, $205 million-asset, independent bank. Or is it? Step inside this bank and you enter a world of high-tech, electronic banking not found in most community banks today.Inside The...
Holding a Steady Course Pays off for Louisiana Bank
It was certainly tough times back in the 1980s for Louisiana banks, but J. B. Falgoust, president and CEO of First American Bank and Trust of Vacherie, boasts that he "never lost a night's sleep."Indeed, that's because he was confident his bank--now...
Regulatory Talk
Several key regulatory events concerning bank investments occurred late in 1994 or will occur in early 1995. Among those events: the Federal Financial Institutions Examination Council (FFIEC) announced in November that Financial Accounting Standard No....
Touting Employee Ownership Pays Off
If done right, image campaigns can be effective in retaining and attracting business--particularly when the bank needs to protect market share. Bank of Benton has the practical experience to prove that theory correct.The $145 million-asset bank in western...