IBAT News

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).

Standing Pat in Growing Texas Market


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  |  Friday, September 2, 2011
By Maria Aspan

Cullen/Frost Bankers Chief Executive Dick Evans says he's "not interested" in making acquisitions outside of Texas, and derides mounting competitive threats from community bank rivals by comparing them to the "juvenile delinquents down the street" ... read more.


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

Justice's New War Against Lenders


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.

WSJ - Justice's New War Against Lenders
The Obama administration repeats mistakes of the past by intimidating banks into lending to minority borrowers at below-market rates in the name of combatting discrimination.

By MARY KISSEL

Talk about not learning from past mistakes: A government department is again intimidating banks into lending to minority borrowers at below-market rates, all in the name of combating "discrimination." Welcome to the next housing mess.

The 1990s may have brought us supercharged politicized lending, but Eric Holder's Department of Justice is taking the game to an entirely new level, and then some. The weapon is a "fair lending" unit created in early 2010, led by special counsel Eric Halperin and overseen by Civil Rights Division head Thomas Perez... read more.

ICBA Fights Back on Fair Lending Enforcement Abuse - Letter to Department of Justice

Community Banks Learning New Tricks


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.

It seems everyone in community banking knows the model needs to evolve, but few have any great ideas on how to do it. One thing does seem certain: standing still is not an option... read more.


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

Time to Say No to Bank Consolidation


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 Steven Pearlstein, Published: August 27

It was only two years ago that there was a spirited debate about whether to break up the country’s biggest banks so the government would never again have to step in and bail them out for fear that a failure would trigger a financial panic.

The White House and Republicans never liked that idea. Instead, they pushed through a less heavy-handed approach that capped the growth of the four largest banks, each of which now has more than $1 trillion in assets, while imposing on them slightly higher capital requirements to offset their “too big to fail” advantage in attracting capital and deposits... read more.

Convention Keynote Speaker: Fearless Leadership


According to professional motivator Connie Podesta everyone has untapped potential, including top performers. Connie will help you identify that potential and leverage it so that you will be more open to new ways of thinking, selling, leading, producing, balancing home/career, and working as a team. This is what she refers to as "closing the gap".  Join Connie Podesta at our 37th Annual Convention on Tuesday, October 4th, in San Antonio, to learn how to “close the gap” and make the necessary changes in attitude, perspective and behaviors to achieve greater professional and personal results.

Connie Podesta is definitely NOT your typical motivational speaker.  She didn't climb any mountains or win any super bowls.  According to Connie this is “not about you living up to her story.”  Instead, this is about helping you to have the tools necessary to create your own powerful story.  Podesta motivates people to take action and make some serious changes.  For more information about Connie Podesta visit her website.

Connie will be sharing her message with IBAT Convention attendees on Tuesday afternoon at Noon, during lunch. You can also visit our web site 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.

Keynote & Motivational Speaker Connie Podesta from Connie Podesta on Vimeo.



Visit our web site 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.

You can follow all of the Convention activities on the IBAT Facebook Fan Page or Twitter.  This year's Twitter hash tag for all convention activities is #IBAT11.

We'd like to thank the IBAT Convention sponsors for helping make registration fees a little easier on your budget.  You can click here for a complete list.

SBLF Investments Update


Information by: Fenimore, Kay, Harrison & Ford

The Small Business Lending Fund, which was created to provide Tier 1 capital investments to independent banks and other financial institutions, is drawing to a close with all remaining SBLF transactions expected to be funded by September 27, 2011. To date, Treasury has completed SBLF investments in approximately 80 financial institutions, and approvals for S corporation banks are beginning to be announced.

Participants who have received an SBLF approval, but have not yet closed their transactions, should be aware that there are a number of important steps that must be taken in order to complete the funding stage, including the review of the legal documentation required to issue the SBLF investment, the creation of a series of preferred stock or debt securities, and the issuance of officer certifications and legal opinions to Treasury in connection with the funding. In addition, participants who are refinancing their TARP funds through the SBLF investment must take additional steps to complete the TARP repurchase portion of the transaction. Because some of these steps require board approval and may require shareholder approval or additional capital, it is critical for all institutions that have received SBLF approval letters to promptly take the necessary actions to position themselves for a closing in advance of the September deadline... read more.

Fenimore, Kay, Harrison & Ford provides legal services to banks and other financial institutions, as well as their investors, directors and executive officers in a full range of corporate, transactional, securities and regulatory matters confronting the financial services industry. Although formed during the second half of 2010, the firm was recently recognized as one of the leading legal advisors for bank acquisitions in the Southwest and the United States during 2010, according to rankings from SNL Financial, a leading provider of sector-focused financial information in the United States. The firm is located at 111 Congress Avenue, Suite 820, Austin, Texas 78701.

Big Banks Offer Payday Loans


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 Candice Choi
The Associated Press

NEW YORK -- Payday loans may be coming to a bank near you.

They're marketed under a different name, but a handful of major banks already let customers borrow against their paychecks for a fee. And there are signs that the option may soon become more widely available.

Banks say their loans are intended for emergencies, and they are quick to distance themselves from the payday lending industry. But consumer advocates say these direct deposit loans -- as banks prefer to call them -- bear the same predatory trademarks as the payday loans commonly found in low-income neighborhoods... read more.

Thanking the Contest Winners


Last week, IBAT visited member banks in Conroe and Sugarland to say “thanks” to two  of the three winners of the True Texas Community Banker: In Your Own Words contest. Meeting with Sam Baker (First Bank of Conroe) and Alina Gonzalez (LoweryBank), IBAT representatives expressed their gratitude to the award winners for offering up their real life stories of the profound impact that community banks make on the lives of their customers.

“I firmly believe it’s the true community banks that are going to bring the business back to Main Street,” said Sam Baker following the presentation, “and we are proud to be a part of IBAT as it works to keep community banks going.”

Each of the winners was thanked with a $500 prize and a resolution recognizing their outstanding contribution to the contest.

Have You Had Your Vision Tested Lately?


No matter the size of your bank, you can empower your employees to better embrace the future by becoming more innovative, more productive and ultimately more profitable.  IBAT and artist Erik Wahl are proud to present a one-of-a-kind program at our 37th Annual Convention titled “The Art of Vision”.  Join us on Sunday, October 2nd, in San Antonio, to watch Erik combine his love of art with a discussion about empowering leadership, achieving organizational excellence and embracing change.

Wahl’s consulting firm, The Wahl Group, challenges organizations to implement breakthrough thinking techniques to accomplish extraordinary results. Erik’s unique understanding of vision traces back to his experience as an artist. Erik earned his bachelor’s degree in Business Communication before embarking on an eight year career as a partner in a corporate firm. After first working in the business world and playing with his art; Erik now PLAYS in the business world by WORKING with his art. You can see more of what Erik Wahl’s program is about on his website.

As one of the country’s top platform speakers, Erik will be sharing his message with IBAT Convention attendees on Sunday afternoon, at the opening General Session. You can also visit our web site 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.

Art of Vision from Tasha Moffitt on Vimeo.


Visit our web site 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.

You can follow all of the Convention activities on the IBAT Facebook Fan Page or Twitter.  This year's Twitter hash tag for all convention activities is #IBAT11.

We'd like to thank the IBAT Convention sponsors for helping make registration fees a little easier on your budget.  You can click here for a complete list.

Debit Use Expected to Grow


By Cindy Ballard
Executive Vice President, PULSE

Change is inevitable and creates uncertainties. Yet change also provides many opportunities for growth and success. A successful outcome ultimately depends on how a given situation is approached and managed. The current state of our economy demonstrates how important resiliency is for success during times of change. There is no better proof of that than with the payments industry and the use of debit. In the midst of economic turmoil, regulatory challenges and fraud, debit has remained the preferred payment option among consumers and is expected to continue to grow over time.  

What’s Driving Debit Use
U.S. consumers make billions of payments each year using their debit cards. From 2006 to 2009, debit use grew from 25 billion payments to 37.9 billion payments – nearly a 15 percent increase.1 And, financial institutions predict both PIN and signature debit transactions to increase by seven percent this year according to the 2011 Debit Issuer Study, commissioned by PULSE.

When it comes to noncash, debit cards are the fastest growing way to pay.  What’s driving the growth? The answer is simple – a lifestyle.  

Technological advancements have generated a shift in the way consumers live, work and play.  Specifically, today’s consumers are more mobile and want instant, easy access to their money. Because debit is convenient and easy to use, it is the ideal method of payment for an on-the-go lifestyle. Debit also provides a certain measure of budget management – a “pay-as-you-go” approach of only being able to spend what is in their account – that also appeals to many consumers.

Debit is quickly becoming the payment method of choice, evidenced by in the fact that consumers conducted eight percent more PIN transactions and 10 percent more signature transactions in 2010 than in 2009, even as the U.S. economy continued to struggle.

As consumers scale back spending during the recession, they use debit more often for small-ticket purchases under $20, and show a continued preference for using debit instead of cash.  While consumers use their debit cards to pay for both big and small everyday expenses, it has been those small-ticket purchases, such as a grande latte at Starbucks or a Big Mac at McDonald’s, that have dominated debit growth over the past couple of years. It also is worth noting that the average ticket size for both PIN debit and signature debit, as reported by the Debit Issuer Study, was up slightly last year for each.

Impact of regulatory pressures and fraud
During uncertain times and in an uncertain market, debit issuers are exploring ways to boost issuance and the use of debit to offset regulatory pressures and fraud. It is no surprise that Debit Issuer Study respondents cited the Durbin Amendment and Reg E as the biggest challenges for their businesses moving forward. According to the study, overdraft revenue has already declined by about 45 percent due to Reg E, and financial institutions with $10 billion or more in assets are bracing themselves for a significant loss in debit interchange revenue due to Durbin. And, even though small issuers are exempt from the Fed’s interchange fee restrictions, regulatory changes will impact those institutions. Still, respondents from the study report that their outlook for debit remains positive.    

According to the study, fraud also continues to be a major concern for financial institutions, as 94 percent of issuers reported being affected by a breach last year. But results show that of the 94 percent, only nine percent of issuers’ cards were compromised, and only two percent of their actual card base experienced fraudulent transactions. Issuers reported a 78 percent recovery rate on PIN losses and recovery rates for gross signature debit losses remained consistent at around 56 percent. More than half of responding issuers believe fraud rates will increase in 2011.  While there is still work to be done, strides continue to be made in combating fraud and in maintaining the safety and security that debit affords consumers.

Fostering Growth in a Post-Durbin Environment
Bottom line – consumers want to use debit and will drive its continued growth. Keeping this top of mind, financial institutions must prepare to address consumer needs, even after the regulatory dust has settled.  

According to the study, issuers are focusing on improving the penetration, adoption and usage of debit to sustain its momentum. In order to best accomplish this goal, financial institutions can take several proactive steps to ensure debit continues to be a vital loyalty and revenue-building tool.

  • Issuers can gain valuable insights into their debit portfolios by analyzing their own card data. Segment customers based on demographics, purchasing habits, preference for PIN or signature debit, ATM usage and other account information. Analytics will be increasingly important as the economics for debit are challenged.
  • Using the results of customer segmentation and pricing work, issuers should develop a plan to design account offerings that fit the specific behaviors of each segment. Products, marketing tactics and pricing scenarios must speak directly to individual customer segments.
  • Issuers must thoroughly evaluate their debit program and make certain they understand all revenue and cost components associated with debit. Take a close look at costs for fraud mitigation and actual fraud losses, transaction processing, network services, card production and delivery, rewards and customer service. Evaluate PIN and signature debit separately, since PIN can have some cost advantages such as lower processing costs, fewer chargebacks and lower fraud costs.

Flexibility and a strategic plan of action are critical in today’s changing environment. The payments industry and debit card usage have proven their resiliency as market forces and government regulations force adjustments. Financial institutions fulfill an important need with their debit programs and, despite the challenges, believe that debit is poised for continued growth.
                    ###

Cindy Ballard serves as Executive Vice President of Communications, Marketing and Administration for PULSE, a Discover Financial Services company and operator of the PULSE® electronic funds transfer network, headquartered in Houston, Texas.

1- 2010 Federal Reserve Payments Study

Overdraft Fee Regulations


By: John M. Floyd
Chairman and CEO
John M. Floyd & Associates

One year after implementation of the Reg E opt-in requirement on overdraft fees for electronic transactions, community banks appear to have been affected financially more than the rest of the industry. According to FDIC data, first-quarter revenue from service fees on deposit accounts dropped 12.3 percent, to $544.4 million, compared to a year earlier for banks with assets of $500 million or less. For banks with assets of less than $100 million, fee revenue fell 14.1 percent in the three months to $90.04 million. This drop in revenue relates to Reg E implementation because, according to researchers, “overdraft fees account for more than half of deposit service charges at consumer-oriented banks.” A study by Market Rates Insight, reports that banks of all sizes have lost about $1.6 million of service fees from the new rule, since July 1, 2010.

What these and other studies are not reporting yet are the additional costs incurred by community banks to maintain compliance with all the new regulatory expectations. In the 2011 Bank Executive Survey, produced by Grant Thornton, LLP in conjunction with Bank Director magazine, the burden of regulatory reform is a key concern over the next 12 months for 91 percent of respondents. As a result, one-third (34 percent) plan to increase hiring to meet compliance demands and 21 percent will consult with an outside advisory firm.

To make up for the revenue lost to this and other new regulations, some banks have begun charging for checking accounts and other services that were once provided for “free.” For example, on October 14 Wells Fargo will begin a pilot program in Georgia, New Mexico, Nevada and Oregon that charges customers a $3 monthly fee for using their debit card. Depending on the outcome, this program could be rolled out nationwide. Other banks are requiring customers to maintain certain account balance or product usage requirements each month to receive no-cost checking.

Not surprising, in the long term this strategy could be a deal-breaker for customers. A recent study by Acton Market Intelligence (AMI), designed to gauge consumer attitudes toward the importance of free checking, found that 85 percent of respondents described free checking as a primary choice for the selection of a financial institution. When asked what they would do if their bank or credit union started to charge fees for checking account services that they had been receiving for free, 67 percent said they would likely switch to an institution that did not charge fees.

While the banking industry has always been highly regulated, there is little doubt that the focus on compliance will remain strong as additional consumer protection measures are implemented under the Consumer Financial Protection Bureau (CFPB). And while banks that maintain a compliant overdraft program have nothing to fear, the cost of non-compliance is proving to be high.
Since 2010, dozens of large banks from coast to coast have faced litigation over undisclosed overdraft policies that pose a hardship for consumers. As a result, fines and penalties – reaching as high as $410 million in one class action suit – have been imposed. The key to avoiding this level of regulatory scrutiny is to provide your customers with a clearly defined program that guarantees full regulatory compliance without the added expense of compliance personnel and resources.
We will continue to monitor these trends and remain committed to providing Texas community banks with programs and services that are designed to increase income and reduce expenses.

The Future of Community Banking


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.

Bankers Digest Current Feature August 15, 2011 Issue
COMMUNITY BANKING
There IS a Positive Future for Community Banking
Excerpts from Presentation by J. Michael Woody Sr.

"What you do counts!; We have been here before; Some chicken, some neck!; and Sanity will awake!" These and many other words of wisdom and encouragement were offered by J. Michael (Mike) Woody Sr. to a crowded room of bankers at the ICBA/NM 21st Annual Meeting in Taos, NM. Woody offered his remarks during his hour-long education session on July 29... read more.

Small Banks Need a Big Voice


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.

Small Banks Need a Big Voice in the Primaries
Community bankers have a chance to have our issues heard over the next few months on the national front.

Former Speaker of the House Newt Gingrich has been bringing up the issue of the over-regulation of community banks on the campaign trail and in the national news media regularly over the last few weeks.

We also have a former banker who is running for president, former Louisiana Governor Buddy Roemer. He ran a small community bank in Baton Rouge, Louisiana over the last ten years and understands the new regulatory pressure community bankers face from new legislation and tightened regulation... read more.


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

Pages