Independent Banker

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

Articles from Vol. 52, No. 2, February

Account Aggregation: Consolidation on the Cutting Edge Security Concerns Trust Standardized Formats
ASSESSING ACCOUNT AGGREGATION WADE THROUGH THE MYTHS AND OBSTACLES IN ADOPTING THIS SERVICE OPTION BY KATIE ROBERT In 1998, when Venhat Rangan, who later founded Yodlee Inc., developed account aggregation, industry experts seemed intrigued by the possibilities...
Bankers on the Boards
ICBA members carry the views of community banking far and wide Community bankers across the country wear many hats. They are active in their communities and sit on the boards of local organizations. But many community bankers are taking their service-minded...
Bigger Yields
Rural communities look to vital growth, new jobs and more profits in value-added agriculture Community banker DeWayne Streyle is lending working capital to a pasta company that's creating 40 jobs in his hometown of Leeds, N.D. Golden Plains Frozen Foods...
ETA Progress Report
Electronic accounts for the 'unbanked' progress As the business world races toward a paperless future and more financial transactions are conducted electronically, the problem of reaching so-called unbanked consumers-individuals without checking or savings...
Funding Debate
The merits of FHLB advances as a source of liquidity Over the past decade, commercial banks have become frequent users of the low-cost funding available from the Federal Home Loan Banks. Attractive pricing and ease of access brought many banks to the...
Future of Funding
My bank, Citizens' Bank in Robertsdale, Ala., has been a Federal Home Loan Bank member for seven years. The membership has helped my bank and thousands of other community banks tremendously in meeting our customers' borrowing needs. As more and more...
Hawaii Bound Giveaways Galore
Techworld exhibitors carefully plot their strategies Conventions for community bankers mean a flurry of information and bags burgeoning with pamphlets from exhibitors offering the latest and greatest products to improve bankers' operations. And ICBA...
Mining for Profits
Payment Processing Leverage your card program for sales, service and loyal customers A well-executed payment card portfolio can be an important part of an independent community bank's growth strategy. On a rudimentary level, a portfolio can be a profit...
Modern Machinery
Nonbanks and technology continue to reshape the ATM landscape In today's wired, competitive landscape it is sometimes difficult to discern whether ATM technology is ramping up or revving down. All the major ATM manufacturers are continuing to develop...
Money Multipliers
Spurring economic development that mirrors real communities Radio broadcaster Garrison Keillor spends most Saturday nights waxing poetic about the good people of Minnesota on his weekly entertainment program "Prairie Home Companion." Keillor delights...
OFAC Compliance
Software can help banks comply with new anti-terrorism regulations Following the Sept. 11 terrorist attacks, Congress and President Bush made an appeal to financial institutions worldwide to assist in shutting down the financial arm of all known terrorist...
Slippery Slope
Falling interest rates strain net interest margins, but bankers are keeping their balance Community bankers learned a thing or two about asset-- liability management years ago. Now their match-funding and gap control skills are being stress-tested in...
Spreading the News
Marketing Matters Become the town crier and spread the word about your community service Community bankers wear a lot of hats-- and not only at the bank. In addition to everyday bank operations, they are also very active in their communities. Bank president...
The Rate Debate
Projecting where rates are headed-a historical analysis Talking about projected rates in this column is dicey at best, especially considering it's being written six weeks before publication. It also helps if time passes and people hopefully forget what...
The RFP Riff
Compose your bank's RFP to make music with the right insurance agency Your bank needs to implement a request for proposal process when selecting an unaffiliated third party to handle insurance services. Here's three reasons why: First, your bank must...
When Speed Matters
In the Boardroom A new service for last-minute life insurance approvals on SBA loans In an age when information seems to move at the speed of light, waiting for insurance verification to close business loans can be a frustratingly slow experience. "Everyone...