IBAT News

Promote Your Bank For Free


We are pleased to announce that IBAT is launching a unique partnership program to continue building the public profile of Texas Community Banks.  Over the past year the Texas Tribune, a not-for-profit news organization, has become the most dynamic and reliable resource for Texas political news and information.  In the last month alone, the site has seen more than 800,000 unique visitors.  As a show of support, IBAT has stepped up to make a financial contribution to help underwrite the Tribune’s work.  In return we will receive banner ad placement on the site.
 
Our goal is to use this opportunity to place ads that link to a portion of the IBAT website where members of the public can enter a city or zip code to “find a community bank.”  However, we need your help to build out that user experience.  Each IBAT member bank has an “organizational information” page embedded in the IBAT website.  At this hour, however, most lack logos or data other than addresses and website links.
 
We are asking that someone in your bank take responsibility for filling in the gaps of information.  They can do so by following these steps:
  1. Visit the IBAT website.
  2. Login using your account credentials.  Need help? Email or call Alina Greavu at 800-749-4228, ext. 2210
  3. Once you’re logged in, you’ll notice a “Welcome [first name]” box in the top left hand corner, with your bank name appearing below.  Click on your bank name.
  4. On the right hand side of the screen, there should be an “Actions” menu.  Select “admin” from the menu. Note: If you do not see an "Actions" menu, contact Alina Greavu.
  5. You’re now in the organizational information portal.  Use tabs in the center of the page to enter information about your bank. Use your "description" section to describe what you want consumers to know about your bank.
  6. Click the “photo” tab in the center of the page to upload your bank’s logo.  

Our partnership with the Texas Tribune is one more way that we can point Texans to a real banking relationship that they can only find with a True Texas Community Bank.  Please help us leverage this opportunity by providing updated information about your bank, making it easier for new customers to find you.

Thanks for your assistance in this matter, and thank you for the opportunity you’ve given us to serve you.

IBAT Banker Jesse Cardenas News


IBAT's goal is to provide a diversity of opinions and viewpoints
about national banking news.  Some news articles do not necessarily
reflect the opinion of the Independent Bankers Association of Texas.

Who is the person who most influenced you in business? Gary Galbraith, President of American State Bank’s Abilene Division, provided insight on how the following three words can have a significant impact on an individual’s professional development: Initiative, Hustle, and Aggressiveness.

What is the best advice you have ever received? A recent favorite comes from the book, The 360° Leader. In that book, John C. Maxwell describes success as, “having those closest to me love and respect me the most.” What I derived from that is to not lose sight of what’s most important to me while striving to achieve my goals... read more.

Photo from Abilene Reporter News.

Bachus Fundraiser, You Can Help


You should have received a personal letter appeal from me soliciting personal checks for a fundraiser IBAT will be hosting for Congressman Spencer Bachus of Alabama.  Bachus is Chairman of the House Financial Services Committee and will be our special guest addressing the IBAT convention on Sunday, October 2 in the early afternoon, preceded by a fundraiser.

Chairman Bachus has been a steadfast supporter of community banking and has demonstrated repeatedly his intent to assist in efforts to roll back and/or eliminate unnecessary regulation on our industry.

Thank you if you are one of the twenty-five members who already mailed checks.  But if not, we ask your special consideration to assist us in showing our support for him.

Personal checks should be made payable to Bachus for Congress, c/o Chris Williston, IBAT, 1700 Rio Grande Street, Austin, Texas 78701, or you can bring a check to the convention registration desk upon your arrival.  All convention attendees are welcome at the fundraiser event to be held from 11:00 to 12:00 pm. at the Westin La Cantera Resort in San Antonio.

All contributions regardless of size are welcomed.  Thank you in advance for your support.

IBAT Banker Glen Thurman News


IBAT member Glen Thurman, president, CEO and Chairman of First National Bank of Moody, has been elected at-large director of ICBA Reinsurance.  ICBA Reinsurance allows banks that sell credit insurance to share in the insurance underwriting and premium investment income.  Thurman served on IBAT’s board of directors from 2001 through 2008 and has served on ICBA’s Lending Committee since 2009.

The IBAT Magazine is Online!


The September/October Issue of The Texas Independent Banker is all about education and training. Read it online today.

You can also view The Texas Independent Banker archives online.

IBAT Ambassador News


IBAT's goal is to provide a diversity of opinions and viewpoints
about national banking news.  Some news articles do not necessarily
reflect the opinion of the Independent Bankers Association of Texas.

The importance of local banks and how new banking regulations will affect regular customers and small businesses in Henderson were the topics of conversation at Friday’s luncheon meeting of the Henderson Rotary Club.

Rotarians heard from Milton McGee, former president and chief executive officer of Citizens National Bank. The longtime local businessman shared some of his insights and experience working in the banking industry... read more.

Fire Victim Relief Efforts


Last Friday, IBAT President and CEO Chris Williston joined former IBAT Chairman Jimmy Rasmussen, HomeTown Bank in Galveston, to deliver cash to some 16 employees (pictured here) of IBAT member banks who lost homes in Bastrop fires over Labor Day.  Two Galveston area banks, HomeTown Bank and Texas First Bank, conducted bank wide appeals for funds among their directors, officers and employees for the WildfiresBastrop victims.  IBAT also contributed to the effort.

"So many of our friends across the State were there for us when Hurricane Ike devastated our area and displaced our employees that we wanted to give something back," said Chris Doyle, president of Texas First.  "This was our opportunity to say thank you."

In presenting the cash, Rasmussen observed that community banking is a family.  "When one of us is affected, we are all affected."

IBAT has joined forces with Texas Bankers Association efforts in a direct appeal for all Texas banks to contribute to a TBA fund established to benefit the American Red Cross and Volunteer Firefighters.  Further information can be found here.

Bastrop IBAT Members in the News


IBAT's goal is to provide a diversity of opinions and viewpoints
about national banking news.  Some news articles do not necessarily
reflect the opinion of the Independent Bankers Association of Texas.

Austin Business Journal by Sarah Drake
Date: Monday, September 19, 2011

Several lenders in Bastrop have joined forces to create a short-term, low-interest loan program for local businesses affected by the recent wildfire... read more.

Salary Survey Results are Here


For the past 21 years, the IBAT Community Bank Compensation survey has been the “gold standard” for salary and benefit data.  It is the go-to resource for community bank CEO’s grappling with compensation issues for bank directors and all bank personnel.

And now, we’ve enhanced its usefulness by taking it online, available to you 365 days per year at your convenience!

IBAT’s Survey is powered by IBAT’s alliance with enetrix, a Division of Gallup, Inc., a premier provider of online survey, compensation consulting, and e-commerce services to America’s leading organizations.
 
As of September 19th, 40+ participants have entered their bank’s salary and compensation data and the Inaugural Results* are at your fingertips.  We update the data inputted every night!

Just click on: http://ibat.enetrix.com

Have you participated in the survey?  It’s never too late!

Participation 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.  Take comfort in knowing that all compensation and organizational information is entered on a secure web site and encrypted during transmission.    

Inaugural Results discounted 20% through October 21: 

  IBAT Members Non-Members
Participants $316 $396
Non-Participants $700 $860
After October 21st:       
  IBAT Members Non-Members
Participants $395 $495
Non-Participants $875 $1,075
IBAT's Survey Support:

Phone - 608.664.3822 or Email - ibat@enetrix.com

Need more information?  Contact Curt Nelson, President of IBAT Services.  He can be contacted during business hours:  512 275-2240 or cnelson@ibat.org.

IBAT Member Green Bank in the News


IBAT's goal is to provide a diversity of opinions and viewpoints
about national banking news.  Some news articles do not necessarily
reflect the opinion of the Independent Bankers Association of Texas.

Green Bank founder Manny Mehos was one of the first people my colleague suggested I talk to when I took on the banking and finance beat, so I jumped at the chance to hear him speak at the TiE Houston event Sept. 13.

Here are some fun facts about Mehos:

• He was a linebacker for the University of Texas.

• He’s a surfer.

• As it turns out, he has a lot in common with Mark Zuckerberg... read more.

Sales Culture Summit


If you do nothing else in terms of sales this year, attend the Sales Culture Summit. Two years ago, I did. Now my bank is patterning its entire
sales culture around what I learned there. It helped me clarify what I
–as CEO- needed to do to develop and structure a practical, relationship
structure. It has energized my employees in ways I never expected. This
is not really about “selling,” it is about building long-term mutually
beneficial relationships.  This is the real difference in the approach
taught at the summit.

However, had I not personally attended and learned how to lead and
guide the charge, my employees would not have invested their time and
energy in this process. Our customers and shareholders are the real
beneficiaries of our new relationship based culture. We are fulfilling
their dreams. - Brad Tidwell, President and CEO, Citizens Bank Henderson (18 locations/ 870 MM Assets/300 employees)

Fed on Interchange


IBAT's goal is to provide a diversity of opinions and viewpoints
about national banking news.  Some news articles do not necessarily
reflect the opinion of the Independent Bankers Association of Texas.

The Federal Reserve released frequently asked questions on the impact of its debit card interchange rule on general-use prepaid cards and circumvention and evasion. The FAQs cover the exemption for certain reloadable prepaid cards, how the exemption relates to Web purchases, compensation from contracts entered into prior to the Oct. 1 effective day, and more. Earlier this week the agency released a compliance guide on the rule for small entities. Read the FAQs. Read the Compliance Guide.

Source: ICBA's Community Banker Today, read Community Banker Today here.

Simpler Banks Would Be Safer Banks


IBAT's goal is to provide a diversity of opinions and viewpoints
about national banking news.  Some news articles do not necessarily
reflect the opinion of the Independent Bankers Association of Texas.

American Banker
By Barbara A. Rehm

KANSAS CITY, Mo. — Tom Hoenig turned 65 last week, and will retire Sept. 30 as president of the Federal Reserve Bank of Kansas City. He's clocked 38 years with the Fed, the last 20 in his current job.

While Hoenig has always lived up to his plainspoken Midwestern image, over the past couple years he has amped up his opposition to easy monetary policy and sharpened his position on Too Big to Fail... read more.


You can read American Banker for free through IBAT's subscription program. Click here to learn more.

IBAT's Letter to Obama


I sent a letter to President Obama and every member of Texas’ Congressional delegation along with Secretary Geithner, the Federal Reserve Board of Governors and House and Senate Banking Chairmen and leadership.

I know you believe as I do that community banks can play a major role in helping lead our country out of its economic doldrums if we are allowed again to manage our financial institutions to business standards instead of regulatory standards.  I attempted to convey that in the letter by offering specific prescriptions for regulatory and targeted tax relief for community banks.

As the debate now begins again in Congress relative to the President’s American Jobs Act, it is my hope that community banks and small business will not be forgotten.  It is imperative that all of us continue to reinforce to our elected officials the extent to which the regulatory stranglehold has limited the industry’s ability to provide working capital, home mortgages and retail loans to small business and consumers.

As always, I would welcome your comments and invite you to weigh in on this important debate as it moves to center stage in this Congress.

Christopher L. Williston, CAE
President and CEO
Independent Bankers Association of Texas
 
Photo of Obama by: Pete Souza, The Obama-Biden Transition Project

Banker to Banker Resource Sharing


Wouldn’t it be great to have a chance to sit down with more than 300 of your peers to discuss some of the issues you’re struggling with?  On Monday, October 3, convention attendees will be able to do just that in sessions moderated by some of the brightest minds in Texas banking.  You can talk to other bankers about Sub S issues, board of directors concerns, lending, compliance, technology, and training best practices.  Karen Neeley and Stormy Greef will lead a session on legal issues including fair lending litigation; ATM signage class action suits; overdraft protection litigation and guidance; mortgage buyback claims; and capital raising ideas.

Visit our website for more information about the convention,
or to register online.  While you’re with us in San Antonio, don’t
forget to visit our exhibitors to check out the latest products and
services designed to keep you on the cutting edge and one step ahead of
the competition.

We'd like to thank the IBAT Convention sponsors for helping make registration fees a little easier on your budget.

Follow convention activities on IBAT’s Facebook Fan Page or Twitter (#IBAT11).

Remembering September 11, 2001


On the tenth anniversary of 9/11, IBAT's thoughts are with all who were affected by this tragedy. We will never be the same, nor will we ever forget. God Bless America.

IBAT member American State Bank has erected a flag field to honor September 11th victims. You can read the story and view the flag field.

Fire Ravaged Areas Need Support


Thousands of Texas citizens continue to be affected by Texas wildfires.  Many of our community bank friends have lost property and are struggling to regain some semblance of rebuilding their shattered lives.

IBAT continues to receive many calls from members asking what they can do to help.  Some have already started bank-wide drives to collect money for victims and will deliver cash distributions to bank employees who have lost homes or other property.  As such, we have set up a link to a number of relief efforts and other information on our webpage for your information and we are in the process of establishing a separate webpage devoted to bank disaster recovery efforts for ongoing reference.

The Texas Bankers Association has made a direct appeal to all banks in Texas to help with cash donations to benefit the Red Cross and Volunteer Firefighters and we support these efforts.  IBAT will be making a contribution to this fund, and IBAT employees have generously volunteered time to various efforts for our neighbors in Bastrop.
 
We applaud all of the banking community assisting in these endeavors.

IBAT PAC Auction


The IBAT PAC Auction is just around the corner and we need your help to make it successful.  Please send your pledge forms by Monday, September 26, in order to be included in the Auction Guide.  Too busy and don’t have time to shop.  Just fill in your personal credit card information on the Pledge Form and we’ll do the shopping for you and give you the credit!  And don’t forget t purchase your Dream Vacation tickets for the opportunity to walk away with $5000 CASH.  But wait, there’s more!  Be one of the first 100 people to contribute $100 to the “Best of 100” and your name will be included in a drawing for the opportunity to select ANY item from the Live Auction!  To purchase your ticket, click here.

IBAT Member Kleberg Bank News


IBAT's goal is to provide a diversity of opinions and viewpoints
about national banking news.  Some news articles do not necessarily
reflect the opinion of the Independent Bankers Association of Texas.

By: Brad Womack

The bank monitors and retains key Reg E revenue, improves staff accountability and decisionmaking, and increases topline revenue using business intelligence technology.

As a community bank, we at Kleberg Bank of Kingsville, Texas, believe that investing in the best talent and technology is a key strategy for delivering superior, consistent customer service. Despite the potential business intelligence held for us, we struggled with the expense and complexity associated with typical BI implementations. We were also concerned about issues related to connecting the technology with our existing banking data systems... read more.

IBAT Member FNB of Trinity 100 Year Anniversary


Chartered in 1911, First National Bank of Trinity has been proud to serve FNB Trinitythe Trinity area for nearly a century.  First National Bank continues to be a locally owned, community bank that offers full service banking with a hometown touch.  A strong sense of community is evidenced by First National’s commitment to the Trinity Independent School District, Trinity Boys’ & Girls’ Club, Trinity Peninsula Chamber of Commerce, Trinity Volunteer Fire Department, and numerous other local organizations. 

14th Annual Sub S Conference


Registration is now open for the 14th Annual Conference of the Subchapter S Bank Association, November 6-8, 2011 at the Hyatt Regency Hill Country Hotel in San Antonio, TX. Over the past fourteen years, the Association’s annual conference has become the premiere opportunity for S corporation shareholders and management to keep up with the changing landscape of sub s taxation. This year’s topics include M&A strategies, Tax and Audit Issues, Estate Planning, S Corporation Termination, and ESOPs.  

To see the full line up of topics coming to this year’s conference, please download the full brochure. Registration is also available online.

Credit Analysis Summit


2011 Credit Analysis Summit

Audience:  This summit will benefit real estate lenders and others involved with lending on real estate, loan review personnel, credit administration, accountants, other consultants, and regulators

Purpose: This one day program is designed to introduce critical financial and non-financial credit analysis considerations, documentation, monitoring and other important factors central to the review of most major loan types. The program emphasizes ratio analysis, balance sheet and income statement trends, SFAS 95 cash flow analysis and non-financial considerations critical to sound underwriting principles.

Community Banks & Social Media


IBAT's goal is to provide a diversity of opinions and viewpoints
about national banking news.  Some news articles do not necessarily
reflect the opinion of the Independent Bankers Association of Texas.

At the heart of the timeless holiday classic, It’s A Wonderful Life, after a generation of saving the community of Bedford Falls, Bailey Savings & Loan finds itself saved by the generosity of its own community.

While community banks have come a long way technologically since George Bailey rubbed Mama Dollar and Papa Dollar together to make baby dollars, that same community spirit is at the heart of today’s community banks. Only now, in addition to the bank lobby, the community more often congregates online via social media to share everything from recipes to mortgage rates... read more.

Bachus To Speak At IBAT Convention


Congressman Spencer Bachus (AL-06) is IBAT’s opening keynote speaker on Sunday, October 2.  Bachus, Chairman of the House Financial Services Committee, will provide an insider’s view of financial reform.  In his own words, “The Dodd-Frank Act is a roadblock to our nation’s recovery.”

IBAT President and CEO Chris Williston said Bachus’ appearance is historic.  “What a great honor it is to have the Chairman address the delegates at our annual convention.  I think it speaks to the terrific leadership roles that members of our Texas delegation play on the Financial Services Committee.”  

Visit our website for more information about the convention, or to register online.  While you’re with us in San Antonio, don’t forget to visit our exhibitors to check out the latest products and services designed to keep you on the cutting edge and one step ahead of the competition.

We'd like to thank the IBAT Convention sponsors for helping make registration fees a little easier on your budget.

Follow convention activities on IBAT’s Facebook Fan Page or Twitter (#IBAT11).

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