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. 96, No. 3, March

Adios, Bank One
IN SEPTEMBER 1991, WE OPENED this column with the words, "No more Manny Hanny?" lamenting the demise of that delightfully goofy nickname for Manufacturers Hanover Trust Co., when it was swallowed up by Chemical Bank. Well, the name Bank One is neither...
A Mortech White Paper: Ellie Mae's ClickLoan[R] and ePASS[R] Lender Benefits Analysis
Technology is redefining fundamental relationships within and between companies in the mortgage industry. Lenders are on the verge of becoming "networked' companies to increase efficiency and profitability. "Networked" describes a company that transacts...
Bank 2, Oklahoma City: When 1 + 1 Doesn't Equal 2
If you just went by the history of Bank 2, you'd come to the wrong conclusion about how it got its name, even if you took into account its registered slogan: "Bank 2: Twice the Bank." Bank 2's story begins with the Chickasaw Nation, one of the so-called...
Careful How You Investigate: Forget What You've Seen in the Movies. Eavesdropping Doesn't Belong in Employee Investigations. Even E-Mail Investigation Can Be Dicey
Most banks will be faced at some point with the need to investigate suspected employee wrongdoing, whether in regard to money laundering, garden variety theft, or sexual harassment. Investigating employee misconduct is complex, requiring both good...
Community Development Works
TWO YEARS AGO ABA RECOGNIZED several lenders for their outstanding community development initiatives by presenting them with Action Awards during a conference in Baltimore, co-sponsored by the ABA and the Comptroller's Office. MC Bank and Trust...
Contrarian Forecast for 2010: Chilly for Branches, Sunny for E-Banks
Today, about 60% of the profits of U.S. retail banking come from handling core deposits--checking, savings, and money-market accounts. These profitable accounts are growing. Banks are on a new-branch binge to service that sweet business, and indeed...
Credit Risk: How Much Is Too Much? A Bank Can't Profit without Taking Risks, but How Do You Determine the Optimum Level? Data from 100 Community Banks Offer Insights
The Italian dramatist Titus Maccius Plautus once wrote: There can be no profit, if the outlay exceeds it. Likewise in banking, losses evolving from risk in lending activities must be exceeded by the gain from such undertaking. While some bankers seek...
Dimon Reflections: Jamie Dimon Gives a Glimpse into His Management Style and Priorities
When Bank One CEO Jamie Dimon walked on stage last November at the BAI Retail Delivery Conference, he was likely the only one in the auditorium who knew that he and William B. Harrison were deep in negotiations for the acquisition of Bank One Corp....
Easing Technology's Stress Points
It seems that you can't purchase technology without getting a headache or two, and what should concern them? Now that the "gee-whiz" factor--technology for technology's sake--is long gone it's all about "how much does it cost?" A cost focus is...
E-Commerce: Ensuring Your Return on Investment
With an upswing in the market, IT modernization is back in the budget for many companies. But regardless of a boom or bust economy, decision makers will always seek the highest return on investment (ROI) that a purchase can deliver. In e-commerce,...
First Pryority Bank, Pryor, Okla.: Pryor President Produces Punning Plan
For nearly 100 years, Mike Jacobs' bank had identified itself with its home community. But two years ago First National Bank of Pryor Creek, in the town of Pryor, in northeastern Oklahoma, decided it was time to expand into Tulsa. In recent years Tulsa...
Is Free Checking Worth It? Many Banks Have Jumped on the "Free" Bandwagon, but the Only Accurate Short Answer to the Question Is, "It Depends"
Of the freebie's allure, you need only consider the enduring popularity of the "buy one, get one free" sale that has long been the holiday or post-season staple of nearly any retailer in your neighborhood mall. Even the sober-minded consumer doesn't...
Job Gains Will Accelerate in 2004
BUOYED BY AN UPSWING IN manufacturing and expectations of stronger job gains, the American Bankers Association Economic Advisory Committee (EAC) remained confident of the economy's growth prospects for 2004, according to a report released in mid-January....
Optimizing Customer Communications
Conveying the right messages to the right customers at the right time via the right channels can be a major challenge, especially as technology improves and communications options increase. Better coordination and consistency, however, will improve...
"Pass the Aspirin"
If you have a management conundrum that you'd like input on, send it to Steve Cocheo, executive editor: e-mail, scocheo@sbpub.com; fax to 212-633-1165; or mail to ABA Banking Journal, 345 Hudson St., New York, N.Y. 10014. THE HEADACHE The CEO...
Sleight of Mind
Our "Weighing In" puzzle in January brought quite a number of correct responses. Proves that when bankers think about gold, they know what to do with it! First correct reply came from Richard M. Wright, senior vice-president, Downingtown National Bank,...
Taking the Lid off the New CAN-SPAM Law
Late last year, the ABA held the first of two teleconferences for its members on the so-called CAN-SPAM Act, which was passed last fall. The teleconference outlined what is considered to be commercial e-mail "spare" and offered some guidelines to help...
Tech Innovations That Support Branch Renewal
When it comes to retail banking, we've all been told the branch is where it's at--whether the "it" in question is customer presence or deposit generation. Yet, this latest push behind branch renewal isn't all about new bricks, fresh paint, and slick...
What's in a Name? in a Business Where Plain Vanilla Often Rules, Plenty of Institutions Choose Monikers with Special Significance. Some Owe Their Origins to History, Some to Serendipity. We Take a Look at the World of What Banks Call Themselves
Bank of Drexel's lawyer was on the phone and he was plainly worried. It was 1988 and the family-owned bank had taken some big steps. After being headquartered for many years in its namesake town in Missouri, the bank had been expanding. That growth...

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