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LEGAL EASE QUESTION OF THE WEEK |
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We are making a very large commercial loan and were reviewing our note provision regarding late charges. Right now, we have them capped at $250. That seems too low for this transaction. What are our legal parameters?
To find out the answer, click on the flashing question mark. And you can also check out our searchable database of other frequently asked questions. |
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| ON THE HILL |
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Congressional Letter Blasts Wal-Mart Application
In the latest salvo in the Wal-Mart quest to get into the banking business, 45 members of Congress have sent a letter to the FDIC reflecting their strong opposition to this application. This bipartisan letter reinforces prior communications from some 50 members, all of whom expressed concerns with the entry of Wal-Mart into the banking business. Special thanks to Texas Congressman Ruben Hinojosa, a member of the House Financial Services Committee, for his willingness to join his colleagues on this important issue for community banking. |
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| SOLUTIONS FROM SERVICES |
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27.3 million Americans have been impacted by identity theft in the past 5 years. Deluxe ID TheftBlock gives consumers a proactive way to guard against identity theft. The service is offered as part of the check ordering process at a critical consumer touch point. Yet it requires minimal action from your financial institution and provides protection and peace of mind to your consumers on your behalf. |
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| 2006 BEST OF COMMUNITY BANKING AWARDS |
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Start Thinking About Your Entry! In the next few weeks, youll be receiving the entry brochure for the Best of Community Banking Awards competition. The deadline for entries will be June 23, 2006 at 5:00 PM. We wanted to give you plenty of time to start thinking about your entry in one of the following categories:
Community Service
Marketing
Financial Literacy
Architectural Design
The brochures will be mailed in late April, but put on your thinking caps now and make sure your bank is recognized in the 2006 Best of Community Banking Awards.
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BAKER WEEKLY |
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The bond market was mixed this week as economic indicators showed bursts of strength, coupled with harsh realities in the housing market. The Fed is expected to raise short-term rates another 25bp during their FOMC meeting on Tuesday. Read more in this week's newsletter from The Baker Group.
Although this information has been obtained from sources, which we believe to be reliable, we do not guarantee its accuracy. This is for information purposes only and is not intended as an offer or solicitation with respect to the purchase or sale of any security. |
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ON THE EDUCATION FRONT |
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As a member service, IBAT offers webcasts to members. Here are some upcoming topics:
Dont miss out! Honor your Exceptional Assistant by sending them to the Exceptional Assistant Summit in beautiful downtown San Antonio April 27-28. The hotel deadline for reservations is April 5th!
IBAT co-sponsors programs with Professional Bank Services. We have several program coming up including:
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COMING SOON |
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For a complete listing of upcoming events, click here. Meanwhile, please mark your calendar for some of our key events for 2006.
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Presented by the FDIC
April 6-7, 2006, Phoenix, AZ |
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April 27-28, 2006 - San Antonio |
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April 30-May 2, 2006 - Dallas |
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June 15-17, 2006 - Galveston |
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IBAT 32nd Annual Convention
October 1-3, 2006 - San Antonio |
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Bank Operations Institute
October 8-13, 2006 - Dallas | | |
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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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