ABA Banking Journal

Founded in July of 1908, ABA Banking Journal online contains the complete text of ABA Banking Journal, a monthly magazine on commercial bank operation and management published by Simmons-Boardman Publishing Corp. Articles cover employee relations, recruiting and training. Subjects in the magazine also include installment, mortgage, commercial, and industrial lending as well as correspondent, foreign, and retail banking; deposit gathering; bank cards; asset and liability management; data processing and telecommunications; security; government relations; and legal and regulatory developments. The publication also provides a calendar of ABA-sponsored courses, seminars and workshops. William W. Streeter is the Editor-in-Chief and Robert DeMarco is the Group Publisher/Senior Vice President. Steve Cocheo is the Executive Editor and Andrea Rovira is the Editorial Assistant.

Articles from Vol. 87, No. 11, November

ABA Compliance Mailbox
ABA experts, coordinated by Christine Walika; federal regulatory representative, answer selected banker questions in this space. Write on letterhead to: Steve Cocheo, ABA Compliance Mailbox, c/o ABA Banking Journal, 345 Hudson St., New York, N.Y. 10014....
A Cook's Tour, Part Deux
Last month's Forum contained the first part of an interview with Scott Cook, chairman of software company Intuit Inc. In that article he defined his idea of what electronic commerce is and why it holds great promise for consumer marketing. He also addressed...
Automating Home Lending from the Get-Go
Details, details, details. It's common for the consumer new to the homebuying process to feel that they must reveal or release more persona and financial information to a home lender than they have ever shared with God or the IRS. Yet all they have...
Class-Action Suit Continues against Citicorp Unit
While the plaintiffs in the NationsBank Corp. case (above) are seeking status as a class-action suit, a Chicago-area case involving a unit of Citicorp has already been granted class-action status. The class-action designation, subject to some limits,...
Cracked Glass?
The overall numbers may be changing slowly, but more women are reaching banking's top ranks today. Here are some of their stories The proverbial glass ceiling was popularized in a 1986 Wall Street Journal article outlining invisible barriers impeding...
ID System Lets Tellers Know Their Customers
The biggest single problem tellers have today is customer identification," says Bill Morrison, senior vice-president of First Union Bank, Charlotte, N.C. A frequent complaint of First Union customers is that between teller turnover and peak-and part-time...
Image Surgery
Bankers who lament the frequent ups and downs of our industry's public image--and who among us doesn't?--may have some new information and tools to do something about it, in the ABA-Gallup consumer research released last month at the ABA Annual Convention...
NationsBank to Fire Back This Month in Fair-Lending Suit
NationsBank Corp. is due to respond by Nov. 15 to a private suit alleging that it discriminates against African-American mortgage-loan applicants. The suit represents one of the largest private fair-lending actions pressed to date. "It is NationsBank's...
No Worries in '96?
The rapid growth in the economy last year slowed dramatically in the first half of this year raising concerns and fears of slowdown or even worse.....the "R" word. A combination of patience and data revisions revealed that this recent pause was little...
OCC Aims to Improve Large-Bank Supervision by Stressing Forward-Looking Exams
If hindsight was foresight, so the saying goes, we'd all be geniuses. In a twist on that old saw, the Comptroller's Office is saying that examinations conducted only with hindsight but no foresight amount to walking backwards with no way to watch out...
Payments on the 'Net: How Many? How Safe?
If banks take on as strong a role in payments made on the Internet as they do in the traditional payments world, they can make a lot of money passing funds around and issuing credentials for consumers and merchants. On the other hand, if MCI, AT&T,...
Ready for the New Wire Transfer Rules?
After six years of debate, several comment periods, and congressional intervention, banks face an April 1, 1996, deadline for implementation of the wire-transfer regulations put out by the Treasury Department and the Federal Reserve Board (60 Federal...
The Gender Factor
As with race, it's difficult to discuss matters of gender objectively. Both subjects tend to stir emotions and polarize opinions. We've attempted in our cover story this month to present a dispassionate view of an important evolution: the increased...
The Netscape Debacle: Healthy Wakeup Call?
The Netscape debacle: healthy wakeup call? In late September, two Berkeley graduate students stunned the Internet world by posting a notice that they had found a fatal flaw in Netscapes security system for its popular World Wide Web browser. How could...
The Outlook for Banks in the 401(k) Business
An expert's views on where opportunity does and does not lie The battle for market share is over," says 401(k) guru Robert G. Wuelfing. If you re not one of the top 25 players, you should stop chasing market share and start concentrating on profitability...
Tractors, Combines, Feed ... and Credit
Increasingly ag suppliers find it worth their while to add a lender's hat to their selection of headgear These days it seems like everybody wants to cut themselves a bigger piece of the ag lending pie. The Farm Credit System has lobbied hard in 1995...
Trust Department Resuscitated
For most of the 91 years that Washington Trust Co. has been in the trust business, Trust was a losing business meant to serve some wealthy customers on the commercial side of the bank, says Harvey Perry, senior vice-president of the $538 million-assets...