Hoosier Banker back issues from December 2007:
President's Ponderings
Dec 01, 2007; ... Fifty years ago, Christmas morning 1957, I awoke to what seemed like a room full of new toys. Most of these new toys were parts of a set of play farming equipment ...a tractor, plow, combine, disk, planter, hay baler and wagons. My brother and I must have used this equipment to "pretend farm" ...
Bankers Reach More Than 3,000 Youth in October
Dec 01, 2007; ... In October, volunteers from 10 member banks of the Indiana Bankers Association, reached more than 3,000 Indiana youth with critical information about using credit wisely. The effort was part of Get Smart About Credit Day on Oct. 18, sponsored by the American Bankers Association Education ...
FLD Report
Dec 01, 2007; ... I can hear the dreaded voice of the FLD board member now ... * Would you like to buy a raffle ticket for the vacation trip? * Have you purchased your chance at these guaranteed long and straight-off-the-tee set of golf clubs? * How about that donation for our silent ...
Treasurer's Agricultural Loan Program Now Available
Dec 01, 2007; ... State Treasurer Richard Mourdock has announced the re-establishment of the Treasurer's Agricultural Loan Program (TALP), a low-interest loan program in partnership with local financial institutions. It provides assistance to Hoosier livestock farmers who raise beef cattle, dairy cattle, ...
CORRECTION
Dec 01, 2007; ... The Indiana Bankers Association Forty Year Club recognizes IBA-member bankers who have served in the banking industry for 40 or more years. The following individuals should have been listed in the article, "Honor Roll of IBA Forty Year Club ...
Your IBA Government Relations Team: Advocating for You
Dec 01, 2007; ... The Indiana Bankers Association is the only trade association specifically representing the Indiana banking industry. The Government Relations Team of the IBA advocates the value of our state's banking industry by initiating, negotiating and lobbying for progressive and innovative legislation, ...
Card Fraud: Managing the Risk
Dec 01, 2007; ... One of the most worrisome and expensive problems in the card services industry today is that of card fraud and managing the associated risk. It's difficult to pick up a paper, watch the news or surf the Web without seeing a new story related to credit or debit card fraud or identity theft. These ...
Honors
Dec 01, 2007; ... Two Indiana banks were ranked among the top 10 community banks nationwide in a ranking of community banks with the largest farm loan portfolios as of March ...
Making IT Risk Management Profitable
Dec 01, 2007; ... Technology has changed the face of financial services faster than any other single factor in modern times. With this rapid change have come new risks, and more attention from regulators on how banks manage those risks. In the first half of 2006, 73 percent of examined banks were rated as ...
Associates' Corner
Dec 01, 2007; ... Promoting the Activities of Our Valued Associate Member Firms Clifton Gunderson LLP, Indianapolis, has promoted ...
Enhancing the Analysis of Contractors' Financial Statements: Part 1
Dec 01, 2007; ... Commercial lenders and credit analysts have long cast a cautious eye on loan requests from entities involved in the construction industry. Such discretion is apparently warranted. BizMiner, an industry research firm, recently reported that the rate of contractor failure was 28.5 percent ...
From the Board Room
Dec 01, 2007; ... William L. Hoy has been elected to the board of directors of First Merchants Corp., Muncie. He is vice president, chief executive officer and co-owner of The Columbus Sign Company, Columbus, Ohio; co-owner of ...
New Branches, Buildings & Openings
Dec 01, 2007; ... Lake Federal Bank, FSB, Hammond, broke ground Oct. 12 on a new branch office in St. John. The branch, expected to open in the spring of 2008, will be located at the intersection of 10865 Parrish Ave. and 109th Ave., within the Gates of St. John subdivision development. The branch will be a ...
Common Traits of Indiana's High-Performing Community Banks
Dec 01, 2007; ... Indiana's community banking market presents competitive challenges most significantly, the state is "overbanked," meaning that there are too many branches for the number of households and businesses each serves. The state also has less than the national average in higher-yield, commercial ...
Banking on Community
Dec 01, 2007; ... Mutual Federal Savings Bank, Muncie, has provided the East Central Indiana Small Business Development Center a grant for the purchase of financial analysis software that will allow ...
Investment Cash Flows and Liquidity Management
Dec 01, 2007; ... Community bank balance sheets are constantly changing. Cash balances flow into and out of different accounts, new loans are made, new deposits are gathered, and securities are purchased or sold on a daily basis. To a large extent, bank financial performance is a result of the successful control ...
The Profitability of Data Accuracy
Dec 01, 2007; ... The tides have changed over the last few years, and you can either ride the wave or get stuck in the undertow. Consumers are bombarded daily with dozens of commercials advertising "know your credit score" and "obtain your free credit report," along with offerings of daily monitoring services ....
Taking It Easy
Dec 01, 2007; ... Debbie Burks, leasing officer/ funding, First Bank Richmond, ...
Indiana Bank & Thrift Stock Update
Dec 01, 2007; ... STOCK MARKET The stock market was generally up in October, as a Fed rate cut and fairly good economic data encouraged investors, despite the malaise brought on by the collapse of the subprime market which had spilled into the financial sector at large. Financials, however, continued to ...
PSP Profile: SecureWorks
Dec 01, 2007; ... With more than 2,000 clients and 10,000 devices managed and monitored, secureWorks has become one of the leading managed security services providers, safeguarding more organizations than any other vendor. secureWorks provides the most effective security services by leveraging its integrated ...
In Memory of: William Phillip Givens
Dec 01, 2007; ... William Phillip Givens, 93, retired chairman and president of Merchants National Bank, Muncie, and past president of the Indiana Bankers Association, died Oct. 30. He served in banking for 51 years, beginning at Porter Bank for 10 years. Givens later worked for First Bank and Trust, South Bend, ...
In Memory of: Burr S. Swezey Jr.
Dec 01, 2007; ... Burr S. Swezey Jr., 89, retired president and chairman of Lafayette National Bank and past president of the Indiana Bankers Association, died Nov. 1. He began his career with Cleveland Trust Company, then served in the Navy in the Pacific Theater, transferred to Great Lakes Naval Station and was ...
Delivering More for Community Bankers
Dec 01, 2007; ... Among the many transformations taking place in the wake of the Dec. 1 merger between the American Bankers Association and America's Community Bankers is that of our governance. ABA's board is practically doubling in size. (Although it will gradually shrink.) In addition a mutual ...
Financial Literacy Digest
Dec 01, 2007; ... In conjunction with Get Smart About Credit month, sponsored by the American Bankers Association Education Foundation, and Money Smart Week, sponsored by the Federal Reserve, Centier Bank, Northern Indiana, presented several financial literacy options in October. A presentation called "Charge It ...
Compliance Connection
Dec 01, 2007; ... In order to address compliance inquiries from members, the Indiana Bankers Association provides "Compliance Connection" - an assistance program offering advice on general compliance questions. If the matter requires legal advice, IBA Compliance Connection will refer the bank to a law ...
Ideas That Won't Float
Dec 01, 2007; ... Many historians consider Kaiser Wilhelm II one of the most colorful, but most arrogant and ineffectual German monarchs. During the military arms race among the European powers before World War I, "Kaiser Willy" enthusiastically drafted his own plans for a new battleship to help modernize the ...
Insta-Poll
Dec 01, 2007; ... Each week a topical question is posed to readers of IBA E-News, the IBA's electronic newsletter. Insta-Poll results for the month of October 2007 are shown below. Please note that Insta-Poll is for general information purposes only and does not represent scientifically accurate survey ...