Upcoming HOTCO Meeting

The Heart of Texas Compliance Officers (HOTCO) is a newly created association for compliance officers at banks and credit unions in Travis County and surrounding areas. For HOTCO’s second of four meetings in 2015, the topic will be ‘Integrated Disclosures: Tools for Compliance ’ presented by Michael H. Patterson and Zack Boonjue of Peirson Patterson, L.L.P. 

We highly encourage all compliance officers to attend this informative meeting on May 28, 2015 at 6 p.m. at Morelia Mexican Restaurant in Pflugerville. Additional information can be found here. We hope to see you there!

And the Winners Are...

IBAT appreciates the efforts of the 18 associate members who submitted entries as well as the independent committee for the time, effort and care that went into the selection of the 2015 IBAT Five*Star Award winners.

Congratulations to:

  • Bank Compensation Consulting, Inc. (Tier 1)
  • CalTech (Tier 2)
  • First American Payment Systems, LLC (Tier 3)

The awards will be presented during the General Session at IBAT's 30th Annual Leadership Conference on Friday, June 12 at the Hyatt Hill Country Resort and Spa in San Antonio. We hope to see you there!

2015 CEO, Senior Bank Executive and Director Forum

The Independent Community Bankers Association of New Mexico is hosting its 2015 CEO, Senior Bank Executive and Director Forum in Sante Fe, NM on May 21-22. The event is co-hosted by the Independent Bankers Association of Texas, Independent Bankers of Colorado and Community Bankers Association of Oklahoma. It is intended for bank CEOs, senior management and directors.

The Forum will cover a variety of topics such as regional economy overviews, mergers and acquisitions, and an ICBA Washington update. Speakers will include New Mexico Governor John Sanchez, the Hon. Randy Neugebauer and the Hon. Steve Pearce. Additional information and event registration can be found here

Critical Call to Action

There is plenty of activity at the Texas Capitol these days, and your IBAT staff is busy on a number of fronts. First and foremost, Chairman Rene Oliveira’s HB 1936 is facing some unfriendly fire in the Calendars Committee. Please refer to the most recent Legislative Insider for a critical call to action. If you are concerned about the property tax lien issue, the time to contact your state representative is now.

We are pleased to report that our proactive agenda is moving through the process, and we will provide a more thorough update after the events of the week unfold. Especially noteworthy is the quick movement of SB 1457 (Nichols) that will free “end users” from frivolous patent troll lawsuits. This bill is on the Senate Intent Calendar this week.

Among the bills being heard in committee this week are three initiatives addressing the ongoing problem of data breaches. We are pleased that Scott Sharp of Sharp BancSystems will provide testimony on this important issue on Wednesday.

As more of the activity turns toward floor action, you will have opportunities to weigh in with your elected officials. Please watch for additional action alerts in the coming weeks. Your engagement in the process is appreciated and critical to success for community banking.

Weekly Update

As IBAT members prepare to take the community banking message to the halls of Congress during next week’s 23rd Annual Congressional Visit, a number of pressing regulatory relief issues are making progress. In last week’s edition of the Bottom Line newsletter, we reported on the passage of two measures passed by the full House. These two bills were part of a package of eleven bills reported out of House Financial Services Committee.

Further action on the other nine bills up for consideration in the House is not anticipated until the Senate begins the heavy lifting on its own regulatory relief bill. Last week, Senate Banking Committee Chair Richard Shelby announced plans to mark up yet-unseen legislation on May 14. The markup comes a month later than initially planned, as Shelby has been working with committee democrats to find common ground for community bank relief. 

“IBAT has worked directly with Senate Banking Committee staff to prioritize meaningful regulatory relief measures in the Senate bill,” said IBAT President and CEO Chris Williston. “We are confident that the committee will bring forward a bill that will loosen up some of the restrictions that current rules have placed on community banks’ ability to meet the needs of their customers.”

Regulatory relief, particularly in the mortgage arena, is at the top of IBAT’s agenda in the short term. However, IBAT supports the sentiment of FDIC Vice Chairman Thomas Hoenig, who advocated for a shift from asset-based thresholds in the applicability of statutes in favor of a model based upon the business activities of a financial institution.

May/June Magazine

The May/June 2015 digital edition of IBAT’s magazine, The Texas Independent Banker, is now available online. Click here to view the full table of contents or link directly to specific content below:

As always, if you have suggestions for future content to be featured in The Texas Independent Banker magazine, please contact Bonnie Kankel.

Week in Review: April 20, 2014

The “road to normalcy” is not a real road; you won’t find it on Google Maps. It’s more of a concept, and at present, a concept that looks like an aspiration in need of affirmation. If it were a real road, you would probably want four-wheel drive. Things have gotten a little bumpy. The macro-economic thoroughfare that, by now, should be smoothly paved with growth and prosperity has developed a few potholes that have generated renewed speculation about just how much longer construction will need to continue. This week’s news provided very little help to those trying to gauge exactly when Janet Yellen’s road crew will allow travel to normalcy; that place where interest rates are above zero.

Read more in the Baker Market Update.

Dell Spring Sale!

Dell is doubling its discounts exclusively for IBAT member banks, bank employees and customers through the month of April. If you'd like to take advantage of this deal, visit Dell's website. On average, IBAT members enjoy savings of approximately 30% on each order.

Current offers include:

  • 10% off Latitude, Optiplex, XPS, Desktops and Laptops;
  • 20% off Precision Workstations;
  • 20% off PowerEdge Servers $1499 and above;
  • 4% off Inspiron Desktops and Laptops; and
  • 10% off Dell electronics and accessories.

Ordering is easy! Visit Dell's website or contact Bryan Horten, IBAT’s Strategic Account Manager, at 512-942-9120. To ensure you are getting the maximum discounts available with your IBAT membership, please include the unique Dell/IBAT link number GS126658178 when placing your order.

April Consumer Tips

To help educate consumers about EMV/chipcards, IBAT’s April Consumer Tips publication discusses the added security benefits and how the customer experience will change with this new type of card. We encourage you to share this information with your customers.

IBAT Webinars

Did you know? IBAT, in conjunction with Financial Education, Inc., hosts close to 150 webinars a year. Webinars are a very economical way to train your staff for one low price. Everyone can sit in on the program with the use of a speakerphone and a computer, or access archived webinars on-demand.

Topics are broken up by category or by date and include:

  • Auditing & Accounting
  • Collection
  • Compliance
  • Directors
  • Frontline and New Accounts
  • Human Resources
  • IT
  • IRA
  • Lending
  • Operations
  • Security & Fraud
  • Senior Management

You can access a complete listing of upcoming webinars and archived webinars here.