| ON THE HILL |
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This week some 35 Texas community bankers and IBAT staff traveled to Washington in connection with IBAT's Annual Congressional visit. Individual or group meetings were held with 17 Texas Congressmen and both Texas Senators.
IBAT was successful in obtaining additional co-sponsors for the ICBA/IBAT initiated Communities First Act (HR 2061/ S.1568), as well as lobbying members to sign on to Congressional efforts encouraging the FDIC to delay action on granting FDIC insurance approval to Wal-Mart until such time as Congress could study the ramifications of the charter application.
Members from Texas were greeted by the good news from the ICBA staff that the credit unions power grab bill, CURIA, was pronounced dead for this Congressional year and that a regulatory relief bill for community banks was possible this year.
ICBA and IBAT continue to make a difference for your franchise value in Washington, D.C. and Austin.
Special thanks to these sponsors for helping defray some of our expenses:
ICBA
Federated Investors |
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| SIMPLIFY IT FOR YOU AND YOUR CUSTOMERS |
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IBAT has partnered with the US Department of Treasury on the Simplify, EFTPS (Electronic Federal Tax Payment System) program. Although this program has been around for 10 years, the Department is making a concerted effort to encourage small business owners to use this electronic system to pay their federal taxes. Instead of your customers bringing in their Federal Tax Deposit (FTD) coupons to the bank, they Can file them electronically, while freeing your bank staff to focus more on promoting other financial products and services.
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| LEGAL EASE QUESTION OF THE WEEK |
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May a husband and wife be a "sole proprietor"?
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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| SOLUTIONS FROM SERVICES |
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Some of your bank’s youngest customers have recently graduated high school and are gearing up to attend the college of their choice this fall. As these customers and their parents select a student loan lender to provide their financial aid, are they choosing your bank or a competitor?
LoanSTAR can help your bank be the student loan lender your customers are selecting.
Did you know that last year over $3.2 billion in new student loans were provided to Texas students and Texas parents of students attending colleges and universities? Did you also know that community banks have a 25.0% Texas student loan market share? What part of that share is your bank enjoying?
Visit LoanSTAR's website to learn more about how your bank can be part of this dramatic market. |
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| BAKER WEEKLY |
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This week’s economic indicators continue to show mixed data in terms of economic stability. 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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| IBAT CONVENTION SPONSORSHIPS |
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Attention bank suppliers...June 2 is the deadline for sponsors and exhibitors to be listed in the convention promotional brochure. Sponsor/Exhibitor information is available on our web site.
And a big thanks to all the banks and companies that have already signed on to support the convention! |
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| BANK ANNIVERSARY |
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IBAT would like to congratulate the Texas First State Bank in Riesel on the occasion of its 100th Anniversary commemorating its past and the beginning of another century of service to the community. The IBAT Board of Directors and staff congratulates CEO, Chairman and President Rodney Kroll, along with the directors, officers and employees on this important milestone for the citizens of Riesel and McLennan County and the community banking industry. |
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ON THE EDUCATION FRONT |
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The Bank Operations Institute (BOI) is a two year program that provides the practical management and leadership techniques necessary for successful community bank operations. The dynamic curriculum is monitored by regulators and bankers and offers strategic insight into both the present and future of banking technology, processes, and project management.
The 2006 BOI is scheduled for October 8-13 at the Southern Methodist University (SMU) campus in Dallas, Texas.
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Upcoming programs: |
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June 5 - Lubbock
June 6 - Irving
June 7 - Waco
June 8 - San Antonio
July 11 - San Antonio
July 12 - Irving
July 13 - Tyler
July 14 - Houston
July 19 - Houston
July 25 - Lubbock
July 26 - San Antonio
July 27 - Waco
July 28 - Irving | |
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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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June 15-17, 2006 - Galveston |
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August 6-11, 2006 - Lubbock |
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IBAT 32nd Annual Convention
October 1-3, 2006 - San Antonio |
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October 8-13, 2006 - Dallas | | |
