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Dell Deals

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Fall is in the air... and Dell discounts. For the final fiscal quarter of the year (November-February), Dell is offering IBAT members and their employees their most extensive deal yet!

  • 40% off Latitude;
  • 40% off Optiplex;
  • 40% off Precision Workstation; and
  • 35% off PowerEdge Servers.

IBAT's endorsement of Dell has saved IBAT members more than $5.5 million, so far, with an average savings of approximately 30%!

LIBOR Licensing Fee

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The vast majority of community banks will be exempt from licensing fees for using or referencing the LIBOR index, according to new rate categories issued by the Intercontinental Exchange last week. The final decision was a positive turn from the Exchange’s initial proposal in July of this year, which would have subjected all financial institutions to a $16,000 annual fee.

Banks under $1.5 billion in assets will be completely exempt from the fee. Banks between $1.5 and $10 billion in assets will face a $2,000 licensing fee.

Richard Fisher

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Dallas Federal Reserve President & CEO Richard Fisher formally announced the date of his retirement last week, pinning March 19, 2015 as his last day on the job. Fisher, who has led the Dallas Fed since 2005, has been an outspoken advocate for community banks and a voice of reason among federal regulators.

Baker Market Update: Nov. 17, 2014


Can you believe it? Landing a space vehicle on a tiny comet more than 300 million miles away! Those NASA guys must be good at math. And they are. But, they didn’t have anything to do with getting a robotic probe onto a distant celestial body. That feat belongs to the smart guys at the European Space Agency. So if they can do that, how hard can it be to get the EU economy off the ground? Well, that’s a little trickier. New forecasts [last] week from the European Central Bank show that both inflation and growth will remain disappointingly earth-bound for the foreseeable future.

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