IBAT's Bottom Line August 31, 2009
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Are you prepared for the new laws?
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Political Potpourri
The Big 12 Governor’s Race
The 2010 Texas race for governor may make the UT-A&M Thanksgiving football game look like a child’s tea party. Former UT cheerleader and Texas US Senator Kay Bailey Hutchison will take the field against former Aggie yell leader and current governor, Rick Perry.
The two quarterbacks have assembled their offensive and defensive teams and the game is on. Kay Bailey Hutchison recently kicked off her announcement tour and Rick Perry’s defense intercepted her at each stop trying to disrupt her game, making her fans call Perry for unsportsman-like conduct. It is already shaping up to be a very long game.
Perry’s team has thrown some passes that he wishes he could bring back. For example, remarks made in April, while misinterpreted, have secessionists calling on the Governor to secede from the union. Hutchison’s team intercepted the pass calling his remarks silly and hurtful to the Republican Party in Texas.
Reluctant referee Joe Straus, Speaker of the House of Representatives, is encouraging both teams to play fair and not alienate potential voters as he tries to maintain the fragile Republican majority in the House.
There are other bench warmers waiting for the opportunity to get in the game, but we’ll discuss them in a later edition.
From time to time we’ll be asking your opinion of some races in the 2010 election. So let’s get started. If the governor’s race were held today between Kay Bailey Hutchison and Rick Perry, who would get your vote? Click here to cast your vote and we’ll give you the results next week.
Convention Hotel Reservations
There's Still Time!The hotel reservations have been extended to this Friday, September 4. Click here to register.
IBAT PAC Steak Out Tickets
Want to host a fun evening with 100 of your closest friends? Then be sure to purchase your IBAT PAC Steak Out tickets. For only $250, the IBAT Team will bring steaks and all of the fixins' to you. Better yet, they will do all of the cooking and the clean up! How easy is that. Click here for more information! Click here for a larger version of the cartoon. Consumer Tips September 2009
Do your customers think that getting rid of all of their credit cards is a good idea? They’d be wrong.Do your customers think a credit score of 620 makes them a good lending risk? Not anymore.
Perhaps you should provide them a copy of September's Consumer Tips “Using Credit Wisely” to help them understand the best way to use their credit cards and understand their credit scores. For more information, click here.
Legal Ease Question of the Week
Question: On an attempted robbery with no money involved do we need to file a SAR?
To find out the answer, click here.
On the Education Front
Check out the updated IBAT CD Rom Training Catalog and catch up on any webinars you may have missed.
Solutions from Services
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 | 2009 IBAT Texas Community Bank Salary & Compensation Survey RESULTS ARE NOW AVAILABLE! Results include:
All information is reported by peer groups of similar banks determined by deposit size, market environment, region and earnings. Cost: IBAT Members - $875 plus tax and shipping Non-Members - $1,075 plus tax and shipping To order now, click HERE for the order form! If you have any questions, please contact John Cooper at 972.276.2213 or john@cooperbis.com OR Sarah Decker at 512.275.2208 or sdecker@ibat.org. |
See What New PAC Auction Items Have Arrived!
 | Quail Hunt @ Rancho Rincon Donated by: David Seitze, Cliff McCauley and Justin Steinbach, Frost National Bank, San Antonio & Dallas This is a 3-day, 2-night quail hunt for 4 people at the Rancho Rincon in Zavala County. The hunt is a hosted hunt with all food, beverages and amenities provided in a modern camp house. This is a true ranch setting that could be used for you, your employees or customers to enjoy a South Texas Hunt. The Frost Group will be there to make sure you and your guests have a memorable quail hunt experience. You and your guests will have the opportunity to hunt antlerless deer and hogs if interested, while enjoying quality food, beverages and accommodations. May be used any mutually agreed upon time during the 2009/2010 season. |
 | Mackey Custom Knife Donated by: Tommy Head and Brandon Bartek, Mills County State Bank, Goldthwaite and Early Mackey custom made knife, model M3, series # 5.9. Stainless steel blade (154cm) with arrowhead file work down the back of the blade. Knife is fitted with hand engraved bolsters and buffalo horn handle with 416ss pins. Comes in a custom fitted hand tooled sheath with IBAT initials. |
| See more items at PAC Auction blog on our website. Click here to "hear" more. This year’s Silent and Live Auctions will take place on Monday, October 12, during the 35th Annual IBAT convention at the Westin La Cantera Resort in San Antonio. Click here to download the Auction Pledge Form. |
2009 Making a Difference Award
IBAT congratulates our 2009 Making a Difference and Rising Star award honorees. Today, we feature Steven Harker from Sterling Bank in Houston. Click here for more information.America's Bank Board Symposium
IBAT Members Receive a special discount of $300 when registering for America's Bank Board Symposium, just enter the promo code: IBAT300.
Banks and bank boards are experiencing unprecedented scrutiny to rebuild capital and restore shareholder value. The past eighteen months have seen the most dramatic change in banking since the great depression. It is clearly time for bank boards to step up and help guide their financial institutions back to profitability.
Bank Director magazine and American Banker are joining forces to provide a roadmap for directors of financial institutions by presenting America's Bank Board Symposium, a unique event that will provide bank directors with the knowledge they need to develop, implement, and monitor sound strategies for their institutions, and provide them the tools they need to fulfill their fiduciary duties to their bank shareholders.
Federal Legislative Update
Congress is on August recess. The future of your community banking franchise is hanging in the balance.Your IBAT Executive Committee has just returned from Washington D.C. as Congress is contemplating some dramatic sweeping reforms for thefinancial services industry.
IBAT CEO Chris Williston conducted a webinar on Monday, August 17, 2009, to update all Texas bankers on the Good, the Bad, and the Ugly of the upcoming congressional session. There are several links below to listen to and view the webinar.
Click here for the 2009 Federal Legislative Update.
Click here for the 2009 Federal Legislative Issues.
AustinMoneyShow.com
| On September 25-26, the IBAT Education Foundation
is hosting a new kind of fundraiser to support its mission. The Austin
Money $how is a pilot program for consumers in Central Texas who are
active, educated, homeowners, have one or more children and interested
in better ways to manage their finances. Click here to learn more. The Austin Money Show has 33 workshops slated to occur dealing with everything from individual and small business tax solutions, taking advantage of the $8000 first time home buyer credit, 401K advice in this economy, saving on your home/small business monthly bills -- from utilities, rent, auto, insurance, meals, fashion and more , learning how to use auctions to move real estate, condos, antiques, business equipment and more, helping teens through the process of opening their first checking account, earning a first paycheck, budgeting, buying a first car, etc; understanding and learning practical ways to improve credit scores, and looking at fresh ways, in this new economy to save, budget, manage, invest and protect your money. |
Meet the IBAT Staff
As IBAT celebrates our 35th Anniversary this year, we wanted to introduce you to our staff.
Many of the staff you know already and some that you may not be as
familiar with. IBAT really is a family. We laugh together…we cry
together…we get on each other’s nerves. But at the end of the day, we
can always count on each other.The IBAT family has 226 years of combined experience with the association. We recently asked the staff to complete a fun questionnaire to give you a chance to get to know them better. From now until the Annual IBAT Convention, we’ll be featuring them on the IBAT website. Enjoy and welcome to our home.
Can you identify this staff member?
Baker Market Update
Treasury yields drifted lower this week primarily due to speculation that the global recession will last beyond 2009. This follows a substantial drop in Asian stocks on Tuesday. Read more in the Baker Market Update.
Although this information has been obtained from sources, which we believe to be reliable, we do not guarantee its accuracy. This is for information purposes only and is not intended as an offer or solicitation with respect to the purchase or sale of any security.
Coming Soon
For a complete listing of upcoming events, CLICK HERE. Meanwhile, please mark your calendar for some of our key upcoming events.
Asset Liability Management Summit
September 9-10 - San Antonio
Austin Money Show
September 25-26 - Austin
IBAT 35th Annual Convention
October 10-13 - Westin La Cantera Resort, San Antonio
Bank Operations Institute
October 18-23 - SW Graduate School of Banking, Dallas
TechMecca 2010
January 25-26 2010 - Austin