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 IBAT's Bottom Line the IBAT weekly electronic newsletter  4/15/2005 
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Did you know...
All words and phrases in blue in this newsletter are links to more information!
 
On the Hill
It's been a busy week at the Capitol with IBAT staff spending many hours in hearings.  Read all about it in this week's Capitol Report.
 
Legal Ease Question of the Week
Question:  One of my loan customers has just been activated and sent to Iraq.  He wants to lower his interest rate.  What do I do?  To find out the answer, click on the flashing question mark.  You can also check out our growing database of other Q&As!
 
Forums
Have you checked out the Forums on our web site?  These provide a "members only" communication tool where you can ask questions and hear back from fellow bankers as well as IBAT staff attorneys and other experts.  The Compliance Forum currently has 361 members who have posted 498 topics with 1581 posts!  Each forum is searchable.  E-mail tjscott@ibat.org to sign up.
 
Welcome New Member
We're happy to welcome the following new member to the association:
  • Plains State Bank, Plains, TX
Chuck Wagon Winner!
Congratulations to Joe Kim King, the board of directors and employees of The First National Bank of Ballinger on being selected as the winning bank for the IBAT PAC Chuck Wagon Dinner.  Banks whose directors each contributed $100 or more to the IBAT PAC were eligible for the drawing.
 
A special thanks to all of you who participated in this year's PAC Drive.  Your financial support helps keep community banking Alive & Kickin' in Texas.  Watch for the May issue of The Alliance of Independent Bankers magazine for a complete rundown of all of the ways you can participate in the IBAT PACs!
 
On the Education Front
Mark your calendar!  Bank Secrecy Act, the USA PATRIOT Act, Anti-Money Laundering and Terrorist Financing all rolled into one program scheduled for May 24th in San Antonio and co-sponsored by the FDIC.  This program will include a panel discussion for questions and answers.
  
 
 
Books to  Out
Identity theft affects as many as 750,000 new victims each year and costs consumers, merchants and the financial industry billions of dollars.  IBAT developed an Identity Theft Project to help you inform your customers.
 
Solutions From Services
Before you spend another dime on Internet Systems Security, check out SecureWorks, IBAT's exclusively endorsed provider that protects corporations against hacker attacks.  Beware of the "wannabes"...SecureWorks is the only service that prevents network intrusions at the perimeter, firewall and host levels; monitors client networks 24x7; and provides ongoing vulnerability assessments.  SecureWorks delivers rock-solid Internet security with no hassles, no headcount, and no capital outlay.  Contact: Aparna Sharma 404.486.4404 or aparna@secureworks.com
 
Best of Community Banking Awards
You should have received your 2005 Best of Community Banking Entry brochure in the mail.  This year's entry deadline has been moved to June 17, 2005.  Awards will be presented during the IBAT Education Foundation Gala on Sunday, September 25, at the Gaylord Texan Resort in Grapevine, Texas.
 
Convention News
Check out the preliminary schedule for our 31st Annual Convention.
 
Last Chance!
Be the first to find out the top technology issues IBAT members are facing over the next 12 months and learn how community banks can fully optimize their technology resources by participating in Community Bank Technology Survey conducted by Abound Resources. The survey will take no more than 5 minutes and will benefit both you and the IBAT community. Abound Resources will provide all survey participants a white paper produced from the detailed findings with actionable recommendations for improving technology optimization.
 
April 28-29 Executive Assistants Round Up
June 16-18 Leadership Conference

 


Contact IBAT or if you have comments or questions about this newsletter, email or call Bonnie Kankel at (800) 749-4228.
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