IBAT Endorses Cruz

Independent Bankers Association of Texas (IBAT) Board of Directors is proud to
announce that IBAT has endorsed candidate Ted Cruz for U.S. Senate. 

recognizes that independent community banks - here in Texas and across the
country - are currently being smothered by one-size-fits-all federal
regulations," Chris Williston, president and CEO of the Independent
Bankers Association of Texas, said. "IBAT supports Ted's efforts to help
create a prosperous economy that will lead to job growth and a positive
economic environment."

Cruz faces off against Democrat Paul Sadler in the November 6 general election.

Solar San Antonio Tour

Borrego Solar
Systems, Inc.
a leading designer, installer and financier of grid-tied solar photovoltaic
(PV) systems, joined TexStar National
October 7 to commemorate the installation of 56-kilowatts (kW) of solar power
installations throughout San Antonio, Texas. The event was held as part of the Solar San Antonio Tour, an annual
open-house tour of solar homes and businesses, coordinated by Solar San
Antonio, a local non-profit organization dedicated to renewable energy

The downtown branch's installation has eliminated 30 percent of its energy
bills, replacing a third of their energy consumption with clean solar
electricity. TexStar is the first commercial lender to go solar in the San
Antonio area, and of the five TexStar branches in the greater San Antonio area,
the downtown branch is the third to have a solar energy system installed.

Speakers for the event included:

  • Manny
    Ruiz, President & Senior Lending Officer TexStar National Bank
    discussed TexStar's decision to convert to clean energy, and how the
    investment is already paying off;
  • Jon
    Sarno, Senior Project Developer at Borrego Solar spoke about the details
    of the TexStar solar installations (how the bank leveraged available
    incentives to make it a cost effective project, the total number of
    installations the bank has invested in and their energy production);
  • Tracey
    Curran-Herman, Board Member of the Phil Hardberger Conservancy shared a
    word about their efforts to provide clean energy and support sustainable,
    reusable, renewable resources for all of San Antonio to enjoy;
  • Ramon
    Flores, Executive Director of the Westside Development Corporation;
  • Gabe
    Farias, CEO of the West San Antonio Chamber of Commerce; and
  • Linda
    Richardson, Director of Communications and Marketing for TexStar National
    Bank invited all speakers and attending TexStar employees to hold the
    ceremonial ribbon.

LegacyTexas Bank

The Shops at Legacy is home to the
newest location of LegacyTexas Bank. The local community bank has announced the
opening of their newest banking center at 7300 Dallas Parkway, Suite A140
Plano, Texas 75024. The full-service facility is on the northeast corner of the
North Dallas Tollway and Legacy Drive and next door to The Capital Grille.

LegacyTexas President Phil Dyer says
the recent opening is a matter of customer convenience. "Easy access from the
Tollway and the continued growth of the Shops at Legacy community make this
location a natural addition to our footprint. Customer service and convenience
are top priority for our bank, and this new banking center reflects that

The Shops at Legacy Banking Center
represents the 21st LegacyTexas Bank location in the Metroplex and the fifth in
Plano. The full service financial center serves both business and personal
banking customers and offers a full range of bank services, including mortgage

"We are excited to be a part of the
Shops at Legacy," said Dyer. "North Texans are drawn to this vibrant area, and
our very personal style of banking fits well within the business and
residential community here."

Hours of operation for the new
banking center are Monday through Friday, 9:00 a.m. to 4:00 p.m. The lobby also
offers an indoor walk-up ATM with 24-hour access. 

LegacyTexas Bank

LegacyTexas Bank is an independent
community bank with $1.6 billion in assets. 
In business since 1963, LegacyTexas Bank currently has 21 branches
throughout Collin, Dallas, Tarrant and Parker Counties. LegacyTexas Group is
the financial holding company for LegacyTexas Bank and also includes
LegacyTexas Insurance Services and LegacyTexas Title. For more information, visit

Contact:  Jennifer Dexter, Assistant VP, 872-461-7157.

Salary Survey

Now is the time
to start thinking about your 2013 compensation and budget planning, so let the Texas Community Bank Salary and Compensation Survey
go to work for you! Take advantage of salary and compensation data from
community bankers across the state to competitively position your bank and
retain bank personnel with confidence. This online product is a
subscription-based, on-demand salary survey customized to meet the needs of
your community bank!

How it

  • Salary
    data may be submitted and updated year-round
  • All
    data is secure and strictly confidential
  • Customized
    Excel and/or PDF reports based on perimeters you set
  • Historical
    data available to track trends
  • In-depth,
    useful salary information to help your bank

is key! The most immediate benefit to participation is preferential pricing but
more importantly: the
more banks that participate, the more valuable the reports become.

Get started today

SNL Financial Agreement

pleased to announce our new relationship with SNL Financial in Charlottesville,

SNL is the
leading provider of financial data and analytical tools for banks. Use SNL to
evaluate your balance sheet relative to peers, optimize your branch footprint
and marketing strategy and assess potential acquisitions. SNL provides a robust
suite of tools to help you evaluate your bank's performance and grow your
business. SNL gives community banks the same advantages enjoyed by the biggest
financial institutions.

As a result
of our new relationship, IBAT members will receive a discount on the SNL Unlimited
database for financial institutions.  If you are interested in learning
more, please contact Julie Jones at jjones@snl.com
or 434-951-4419.

LD Region 9 Meeting

Leadership Division Region 9

you to their regional meeting
benefiting the IBAT PAC!

Wednesday, October 24, 2012
6 p.m.-8 p.m.

Saint Arnold Brewing Company
2000 Lyons Avenue
Houston, TX 77020

Steve Scurlock, Executive

us for a state and national legislative update, brewery tours, silent auction
and food!

thanks to our event sponsors:

Catalyst Financial Company and Doeren Mayhew

Basel III

The tidal
wave of opposition against the Basel III regulatory proposals was bolstered
last week as two prominent voices, the Conference of State Bank Supervisors
(CSBS) and FDIC Director Thomas Hoenig, stepped into the fray.

bank supervisors, we believe there is sufficient justification for higher
levels of capital.  The proposed rules are highly reactionary to the most
recent economic events and do not represent a thoughtful, long-term approach in
the best interest of the U.S. banking system or the national economy,"
said CSBS Chairman Greg Gonzalez in a media release issued by the organization.

criticism of the Basel III proposals was more pointed.  "Basel III is
nearly incomprehensible to most readers, including bank directors, managers,
and analysts. Of what use is a measure that no one can understand?," he
asked in an op ed appearing in American Banker.  He went on to propose
a simpler solution to Basel III concerns in the form of a tangible equity
capital ratio.  

IBAT has
been tireless in its opposition to Basel III, working with members of Congress
and meeting with Federal regulators to make the Texas community bank position

letters from the industry are critical before the October 22nd
feel free to use IBAT's comment letter for guidance, however your personal
commentary regarding how this impacts your bank, your customers and your
community are especially meaningful.  Also, the ICBA website has a terrific array of resources
available to make this process as simple as possible.  Please copy us, as
well as your respective members of Congress and Senators with your
correspondence.  And . . . please don't forget to take a minute or less to
sign the ICBA petition, and encourage those in your circle
of influence to do the same.  

Silver Alert


REGIONS: Fort Worth,
Shreveport, Lake Charles, Houston, Corpus Christi & Austin/San Antonio


The Harris
County Precinct 5 Constable is searching for Jacqueline
Marie Heath, diagnosed with Dementia, White, Female, 80 years old, DOB
10/01/1932, HEIGHT 5' 2", WEIGHT 118 lbs, Gray Hair, Brown Eyes, last seen
wearing a black and white quarter sleeve top, black socks and sandals.                                                                                                   

The senior
citizen was last seen at 1600, 10/10/2012 at 6303 Torrance Elms Court, driving
a Beige, 2005 Toyota Corolla with TX License Plate CT2X431.

enforcement officials believe this senior citizen's disappearance poses a
credible threat to HIS/HER own health and safety.

If you have
any information regarding this missing senior citizen, contact the Harris
County Precinct 5 Constable at 281-463-6666.

News Media
Point of Contact is
County Precinct 5 Constable at 281-463-6666.

Trailblazer Award

IBAT honored
U.S. Senator Kay Bailey Hutchison, R-Texas, with the IBAT Leadership Division
Trailblazer Award. Sen. Hutchison was presented the prestigious award during
IBAT's 38th Annual Convention, held at the downtown Hilton Austin Hotel.

Trailblazer Award provides special recognition to members of the Texas
Legislature and U.S. Congress who are especially supportive of the independent
community banking industry.

Hutchison has been a supporter and friend of IBAT and community bankers across
Texas since her time in the Texas Legislature," Chris Williston, president
and CEO of the Independent Bankers Association of Texas, said. "Her
continued advocacy for legislative policies that allow for the success of
community banks, especially during tough economic times, paired with her
exceptional leadership make her the ideal recipient of the Trailblazer Award.
Her work helps ensure that local money is invested in the local community, and
she is a defender of both Main Street Texas and Main Street America. She truly
is a trailblazer."

New Alliance

Last week,
Frost Bank and The Baker Group announced a new cooperative agreement.
 Under the agreement, Frost Bank will refer its correspondent banks to The
Baker Group for asset/liability management services. In turn, The Baker Group
will refer clients to Frost for securities safekeeping. 

"The Baker Group is thrilled to align with a respected banking partner
like Frost Bank," says David Daugherty, president and CEO, The Baker
Group. "We deal with hundreds of financial institutions, and there's no
regional bank more admired than Frost for its integrity, customer service and
strong advocacy on behalf of community banking." 

Fraud Alert

Recent FBI
reporting indicates a new trend in which cyber criminal actors are using spam
and phishing emails, keystroke loggers, and Remote Access Trojans (RAT) to
compromise financial institution networks and obtain employee login
credentials. The stolen credentials were used to initiate unauthorized wire
transfers overseas. The wire transfer amounts have varied between $400,000 and
$900,000, and, in at least one case, the actor(s) raised the wire transfer
limit on the customer's account to allow for a larger transfer.

The actor(s)
primarily used spam and phishing emails to target their victims. Once
compromised, keyloggers and RATs installed on the financial institution
employee's computer provided the actor(s) with complete access to internal
networks and logins to third party systems.

The FBI has
provided a list of recommendations for community banks to
employ in order to protect themselves from these types of attacks.

Earlier this
year, IBAT Financial Services teamed up with CHUBB to host a webinar on the electronic risks faced by
community banks and some strategies for risk mitigation.  

Leadership Division

IBAT Leadership Division invites you to join your
fellow area community bankers from the Dallas-Fort Worth area on October 25 at the Hackberry Creek Country Club for
a luncheon. Guest speaker Steve Scurlock, IBAT Executive Vice President, will
provide a political update for the upcoming elections, followed by a golf
tournament and networking reception.

is free, networking reception is free and golf is $50 per player.  We
thank our sponsors for their support.

Register online for an instant confirmation. Registration deadline is October 19.

For more information, please contact Mae Beth Palone, mbpalone@ibat.org or 512-275-2219.

APR Changes

IBAT joined
the Texas Land and Title Association, the Texas Mortgage Brokers Association, the
Texas Credit Union League and the Texas Bankers Association in a comment letter
opposing changes to the make up of the Annual Percentage Rate (APR).  As
proposed, those changes would be detrimental to both community banks and the
consumers those banks serve. Additionally, the inclusion of non-lender costs
may very well result in a contraction of firms providing mortgage-related
services, especially in rural areas. To read the joint comment letter, click here.