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. 98, No. 2, February

Archive Upgrade Enables Broader User Base
Chittenden Corp., a $6 billion assets bank holding company based in Burlington, Vt., has enhanced operational efficiencies with the rollout of its new storage platform, one that supports two new document-related applications. Called the Plasmon G-Series...
Are Bankers Afraid of Competition?
IT'S NOT US ASKING THE QUESTION. The Wall Street Journal asked it, indirectly, in a Jan. 4 editorial about allowing Wal-Mart into banking. We'll answer the question, however. The short answer is, you must be joking. Banking is and always has...
Branch and Deposit Trends: Fact and Fiction
Some interesting changes in the U.S. branch landscape were revealed in the June 2005 annual bank branch data released by the FDIC in October. The details behind the data yield insights into facts and fictions relating to banks' most expensive, visible,...
Branch Signs Go Digital
Most in-branch advertising is still static, i.e., flyers, easels, buttons, or dry-erase boards. But gradually, banks are turning to digital signage to promote their message to customers. Steven Keith Platt, director of the Platt Retail Institute,...
Can HSAs Add Apples to the Usual Deposit Pie? American Chartered Bank Finds Health Savings Accounts a Bona Fide Funding Opportunity, without Hidden Compliance Burdens
There's precious little any bank can do to increase the pool of available deposits or retirement savings. It can fight for a bigger slice of each pie or it can opt for "take out" in the form of brokered or national deposits. But then there's the...
C&I Lending Still Looks Good
The uptick in 1-4 family loans in 2004 certainly was due to the rise in real estate valuations. The annualized growth from 2004-2005, though, was far less than the prior year, and hasn't been as low since 2001. The recent drop in credit card loans...
Down to the Wire: Calumet Horse Farm and First National Bank Win by a Nose. How an '05 Appeals Court Decision Affects Finality in Wire Transfers
This is a story about a million-dollar race-horse, financial bankruptcy and long-running litigation over a wire transfer mistake involving a Kentucky Bank. It is also a lesson about how several courts interpreted the Uniform Commercial Code and the...
Getting the Most out of Washington in 2006
SOME MIGHT SAY 2005 WILL BE A HARD act to follow, legislatively. First came passage of the Bankruptcy Abuse Prevention and Consumer Protection Act, which ABA had been working on for eight years. The President signed it into law on April 20, and it...
Good Banker, Bad Banker: How Do You Manage the Charity Challenge? Banks Give Money, Staff Time, and Space Generously to Many Causes, but the Mouths Always Outnumber the Spoons
Community banks, by definition, maintain a symbiotic relationship with their communities, and devote much effort and funding to causes that make their towns and cities better places to live. Often, in cases such as last year's tsunami and hurricanes,...
M&A: The Deals Just Keep on Coming: "Serial Acquirers," Hot Markets, and "Build-to-Sell" Banks Dominate the Action
In the 1840s, the advice was, "Go West, young man." Now, 160-odd years later, the compass needle points in a different direction. For huge chunks of the population-young and old--the cry is "Go South!" And the banks that serve them are following. ...
Operation Lockdown? A Formal Policy for Content Protection Has Always Been a Good Idea. This Just May Be the Year It Becomes the Norm
When asked if banks should incorporate enterprise content controls, one research analyst said "certainly," referring to use of encryption or other protective schemes designed to seal customer data, intellectual capital, and other documents at the office...
Retiring, but Not Shy: IRAs Fund Banks
A year or so back, Colin Forkner decided to retire from banking after 41 years in the business doing everything from providing investment advice to lending to running a bank to developing one of the first internet banks. He'd pretty much done it all....
Seattle's "Communities" Banker: Pat Redmond's Viking Bank Crew Shows How a Community Bank Can Ply the Waters of Many Diverse Communities Successfully, Serving All as They Need to Be Served
Pat Redmond steps onto the bow of the family 40-foot, twin-screw trawler Gratitude, having handed the helm over to his wife, Ann. He surveys the harbor of Ballard, Wash., with a look of satisfaction, even something of a boyish grin. It is a look...
When You're Hit with Unexpected Questions
"We have an extremely competent banker on our staff who has a difficult time in remaining calm when, during a presentation, he is asked questions that he has not expected nor prepared for, or just does not know the answer. While he is a good speaker,...
Why Not Stop at 4.5%?
WE EXPECT THE FED TO PAUSE in its interest rate hikes at 4.5% early this year. Economic growth began to slow significantly in the fourth quarter of last year, and inflation will be moderating. Under these conditions--and recognizing that recent Fed...