Independent Banker

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

Articles from Vol. 59, No. 10, October

15 Minutes with ... A. PIERCE STONE
PRESIDENT AND CEO OF $200 MILLION-ASSETVIRGINIA COMMUNITY BANKLOUISA, VA.IB: You have been with Virginia Community Bank since it opened in 1976. What were its resources then?Stone: We started out with a small amount of capital-about $500,000-and six...
3,000 and Counting!
Wyoming State Bank is ICBA Securities' 3,000th customerIt seems like just yesterday that ICBA Securities transacted business with its 2,000th customer. Actually it was 2001, and I was one of the 120-odd sales reps in the broker/dealer's stable. I remember...
Executive Decisions
A South Carolina Community Bank Adopts an Objective Way to Manage CEO SuccessionMany community bank CEOs wrestle with how best to select a successor. What is a fair and objective way to undertake this important decision, particularly when the owner's...
Fully Supporting Our Cause
In the 2007-08 federal election cycle, ICBA's political action committee, ICBPAC, raised $1.5 million to contribute to candidates for Congress. Community bankers sometimes tell me that that sounds like a lot of money.During the same period, though, Citigroup's...
Penetration Testing
Are You Getting What You Paid For?The confusion surrounding the concept of penetration testing is understandable. There are numerous companies offering varying levels of service and referring to their services by different terms. However, three levels...
The Best Protection
As the debate over the creation of the Consumer Financial Protection Agency rages, ICBA is dedicated to educating policymakers about a simple fact we know firsthand: that community banks are the best protection for consumers in our financial-services...
The Excitement Is Building
The building doesn't make the bank. Community banks thrive across the United States because they practice common-sense banking that promotes safety and soundness and inspires confidence. They succeed because they serve their neighbors, know their communities...
The How-To of Downsizing
IN TESTIMONY BEFORE CONGRESS AND CONSULTATIONS WITH POLICYMAKERS, ICBA HAS BEEN OUTLINING THE STEPS REGULATORS SHOULD TAKE TO REDUCE THE SIZE AND RISKS OF TOO-BIG-TO-FAIL INSTITUTIONS.Congressional debate on the Obama administration's regulatory reform...
Tomorrow's Opportunities: Laying the Groundwork for Postrecession Success
With the first signs emerging that the recession is easing, many community banks are renewing their tactical and strategic plans to compete anew. Expanding their markets, strengthening their brands and improving delivery channels for their consumer and...
Valuing Fees for Service
In product and service pricing, don't be afraid of legitimate customer feesIt doesn't take a rocket scientist to see that community banks, pressured by significantly shrinking interest margins and increasing compliance costs, need to develop new ways...
Your Bank's Retirement Plan and Your Own Retirement
REVIEW YOUR BANK'S FIDUCIARY ROLE AS A RETIREMENT PLAN TRUSTEE AND WHAT IT CAN MEAN TO YOUR PERSONAL ASSETS.Never before in modern history have so many seen so much of their retirement plan savings disappear. According to a recent study released by Barclays...