ABA Banking Journal back issues from April 2008:
Wisdom of markets. Really?(Editorial)
Apr 01, 2008; ... THERE'S AN EXPRESSION USED IN connection with the internet, "wisdom of crowds." It comes from a 2004 book of the same name by James Surowiecki. In the context of the web, the message is, essentially, don't think you're smarter than the people who surf the web. But the concept is much ...
You can't beat Wal-Mart ... or can you? If your industry winds up in Wal-Mart's crosshairs, a frontal assault won't generally win, says a former insider. Here's why alternative approaches may help when taking on the empire.(briefing)
Apr 01, 2008; ... "Bankers' hours" haven't existed in decades, especially for community bankers for whom community service commitment ranks almost as highly as business involvement. Yet if Wal-Mart ever finds a crack that can be levered open to compete directly with banks, the hours of bankers who wish to ...
Noninterest income shoulders more of the weight.(Snapshot)
Apr 01, 2008; ... In times like these, full of inverted yield curves, contracting margins, and asset quality concerns, noninterest income can make the difference between hitting and missing earnings targets. Every CFO knows this, and each one works diligently to maximize revenue in these lines, at the same ...
Take-away value: ideas and insights from ABA's National Conference for Community Bankers.(ABA NATIONAL CONFERENCE FOR COMMUNITY BANKERS REPORT)(Conference news)(Brief article)
Apr 01, 2008; ... Hundreds of bankers converged on Orlando, Fla. For the 2008 ABA National Conference for Community Bankers, the first edition of this longtime ABA event since the association's merger with America's Community Bankers in late 2007. Besides the usual hallway chatter among old ...
Headliners, authors draw banker crowds.(ABA NATIONAL CONFERENCE FOR COMMUNITY BANKERS REPORT)
Apr 01, 2008; ... Patrick Lencioni has made a name for himself in business writing with a novelist's approach to common problems, typically capsulized in titles involving an odd number. So the author of The Five Temptations of a CEO and The Three Signs of a Miserable Job spoke on The Five Dysfunctions of a ...
Bank value: all in the mind.(ABA NATIONAL CONFERENCE FOR COMMUNITY BANKERS REPORT)
Apr 01, 2008; ... CEOs and their boards at many community banks share an odd, and not always collegial, dynamic. Frequently the CEO brought many of his or her directors to the board, and, though the banker works for the board, banker and board go through a great deal together, often with common ...
McFadden: banker and controversial House leader.(Then & Now: 100th Anniversary 1908-2008)(Louis Thomas McFadden )
Apr 01, 2008; ... [ILLUSTRATION OMITTED] Nowadays ABA and other banking trade groups work hard to bring bankers to Washington. But Louis Thomas McFadden went most bankers better, not only bringing a bankers viewpoint to Capitol Hill, but bringing it right to the top of the House Banking ...
Correction.(Then & Now: 100th Anniversary 1908-2008)(Correction notice)
Apr 01, 2008 ... In March, readers were directed to the wrong web address to view articles from our ...
ABA CFO exchange confronts bottom-line challenges.(ABA Resources)(American Bankers Association)(chief financial officers)(Brief article)
Apr 01, 2008 ... ABA's popular--and for-members-only--CFO Exchange brings together financial executives from mid-sized and community banks in an educational forum designed for the sharing of ideas among industry colleagues, regulators, and experts. This year's CFO Exchange takes place June 22-24 ...
Getting ready for travel season.(ABA Resources)(Travelex Group and American Bankers Association to offer Debit cards)(Brief article)
Apr 01, 2008 ... To help your bank's customers get ready for the summer travel season, Travelex and ABA offer the security and convenience of Visa TravelMoney Cards. Features of this program include 24/7 customer service support, unlimited reload capabilities, and PIN and ...
ABA endorses Money Concepts International.(ABA Resources)(American Bankers Association)(Brief article)
Apr 01, 2008 ... ABA has endorsed Money Concepts International Inc., a wealth management and financial planning firm based in Palm Beach Gardens, Fla. Money Concepts provides a business model for the banking community that enhances customer relationships, attracts new customers, increases ...
ABA and Freddie Mac extend alliance.(ABA Resources)(American Bankers Association)(Federal Home Loan Mortgage Corp.)(Brief article)
Apr 01, 2008 ... ABA, through its subsidiary ABA Total Business Solutions, and Freddie Mac have extended and enhanced their special alliance to provide the nation's community banks with critical mortgage products, technology tools, staff training and other important services to help them compete. ...
ABA resources.(briefing)(Calendar)
Apr 01, 2008 ... [ILLUSTRATION OMITTED] ABA Operational Risk Management Forum Newport Beach, CA Apr 16-18 ABA National Trust School and ABA Graduate Trust School Atlanta, GA Apr 27-May 3 Branch Management Development School Stamford, CT Apr 28-May 2 ABA School ...
You never really know a subject until you teach it.(ABA Chairman's Position)(Column)
Apr 01, 2008; ... COACHING YOUNG PEOPLE--TEACHING them, mentoring them, inspiring them--is one of the greatest opportunities anyone can have. I have done that as a high school football coach, and I know that coaches and teachers can make an important difference in the lives of young people. ...
ABA endorses Strunk overdraft service.(ABA Resources)(American Bankers Association)(Strunk and Associates)(Brief article)
Apr 01, 2008 ... ABA has endorsed Strunk and Associates' Overdraft PriviLege Service Program, a depository fee-based discretionary overdraft payment service. This comprehensive and structured overdraft service is designed to complement and enrich a financial institution's account service ...
Banks plus insurance: how to make it work.(2008 ABA NATIONAL CONFERENCE FOR COMMUNITY BANKERS REPORT)
Apr 01, 2008; ... [ILLUSTRATION OMITTED] Four banks that took different paths to success share what they learned along the way H McCall Wilson, Jr., of The Bank of Fayette County, characterizes the between bankers and insurance people this way: "Agents eat what they kill ....
The headache: questions customers ask today.(Pass the Aspirin)
Apr 01, 2008 ... While large banks have communications staffs and 'spin control" for some of the uncomfortable news coming out these days, community banks typically have their own banking staff fielding the questions caused by today's rocky economy. We asked bankers what they were hearing and what they ...
2008: year of rich internet apps?(Cover story)
Apr 01, 2008; ... [ILLUSTRATION OMITTED] The new web, also called Web 2.0, became a crowd pleaser in the last few years for its collaborative and social nature: wikis, MySpace, blogs, and other concepts such as user-supplied content and the "wisdom of crowds," have people flocking online, as if ...
Rich internet applications guide.(READER RESOURCE)(Brief article)
Apr 01, 2008 ... Want to know more about rich internet applications but don't know where to start? These links can help. Wikipedia/"rich internet application": Search the biggest wiki around (www.wikipedia.org) under "rich internet application" and you find a complete write up on the subject, ...
Tough time for that IPO: currently, for community banks, the gains of going public are eroded by the cost of SOX, subprime, and other deterrents.(BANK MANAGEMENT)(Initial Public offerings)(Sarbanes-Oxley Act of 2002 (SOX))
Apr 01, 2008; ... [ILLUSTRATION OMITTED] When people ask Earl McVicker can they buy stock in his bank--as they often do given its indexbeating performance--the answer is no. And that s how it will remain if McVicker, chairman and chief executive of Central Bank & Trust, Hutchinson, Kan., has his ...
Your audience needs to know who you are.(ON THE JOB)(Column)
Apr 01, 2008; ... This past summer, at the Graduate School of Banking at Madison, two students-one from Asia and the other from the Caribbean--asked for help with a problem common to many who are required to speak in public and whose accent, pronunciation or use of English has proven to interfere with ...
Telepresence: costly, but very cool.(Tech topics)
Apr 01, 2008; ... [ILLUSTRATION OMITTED] When remote communication with image was purely out video conferencing, executives had to contend with herky jerky images, color issues, sound delays, and other annoying irregularities. No longer. If you don't mind a hefty investment and a ...
A2A payments: next generation of online banking?(Webnotes)(account-to-account)
Apr 01, 2008; ... Ten years ago, online banking meant that a customer could view her account online, any time of any day. The next generation added the ability to pay bills from a PC desktop or via telephone or mobile devices. Now comes what could be the third generation of online banking: ...
Better websites mean tougher compliance.(Compliance Clinic)(Cover story)
Apr 01, 2008; ... It's the rare bank that does not have a website, and most banks have evolved beyond a basic information-only website that displays static information. The industry has moved from the innovator phase through the rapid growth phase to the current maturing phase of sophistication and ...
Think before you target.(MAILBOX)(marketing home loans)(Brief article)
Apr 01, 2008; ... Q My bank wants to do a targeted mailing advertising home loans to a select a group of people, based on certain criteria (such as assets). Is there anything we should consider before doing this? A First, consider whether the targeting wiLL excLude people con a prohibited basis ...
Should non-obligated spouse sign?(MAILBOX)(Commercial loans)(Property law)
Apr 01, 2008; ... Q We are doing a loan for a commercial entity and the owner/principal has pledged his personal residence as a guarantee for this loan. We have a mortgage from the husband and wife, which both signed, but we only have a secured guarantee from the husband and no guarantee from the wife. Can ...
RESPA and customer acknowledgments.(MAILBOX)(Real Estate Settlement Procedures Act of 1974)(Brief article)
Apr 01, 2008; ... Q My auditor stated that we are in violation of the Real Estate Settlement Procedures Act because our Transfer of Servicing Agreement is not signed (acknowledged) by each borrower. Is this required? A This is a tricky question! The requirement to obtain an acknowledgment ...
Notify after discharge.(MAILBOX)(adjustable rate mortgage)(Servicemembers Civil Relief Act)(Brief article)(Column)
Apr 01, 2008; ... Q A borrower with an adjustable rate mortgage applied to our bank for relief under the Servicemembers Civil Relief Act (SCRA). We lowered the rote to 6%, as required by the act. My question is--when the servicemember is discharged from active duty, is there any notice that must be sent ...
Talking down inflation--markets not buying.(The Economy)(Viewpoint essay)
Apr 01, 2008; ... ALL THOSE "IMPORTANT" AND "famous" economists that have been arguing for almost a year that inflation was not a problem for the U.S. economy seem to have changed their minds in the last few weeks; talk about being "data driven!" The basic problem of being a data-driven economist is that ...