| RECENT NEWS |
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IBAT Approved by TEA As Financial Education Resource
IBAT members may be receiving phone calls from their local school districts on ways to provide financial education tools for their high school economics/social studies classes.
As you may recall, the Texas Legislature mandated financial training at the high school level - the question was when would it go into effect. Well, it came sooner than later. The TEA has mandated that this Fall semester, all high schools provide financial education training covering 12 important areas.
As schools call you, refer them to our IBAT Education Foundation Website which has a solution to provide for each of the 12 areas.
For details —
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| ON THE HILL |
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USDA Attempting to Raise Guaranty Fees
After being soundly defeated in the Appropriations process, the USDA immediately issued rules to increase the commitment and servicing fees on guaranteed loans. We really don't think that is a good idea, and sent a comment letter last week to express our displeasure. The FCS is continuing to evolve and is competing directly with our community banks. This is not the time to make things even more expensive for ag borrowers opting to do business with their local bank. |
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| LEGAL EASE QUESTION OF THE WEEK |
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We just received a letter from a customer, asserting a dispute as to information we provided to a credit bureau. What do we do?
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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| FIVE-STAR AWARD |
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In June, we asked our IBAT members to vote for their top 3 services providers in the community baking industry. The votes have been tallied and 2006 Five-Star Awards recipients are:
McCoy Myers and Associates
AudioTel
Clark Consulting
Thanks to all of our Associate Members and Endorsed Service Providers who help Texas’ independent community banks operate more efficiently and provide innovative solutions that help IBAT member banks grow faster, while enhancing profits. |
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| BANK CENTENNIAL |
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IBAT would like to congratulate the First State Bank of Mobeetie as the bank celebrates its 100th Anniversary during 2006. The IBAT Board of Directors and staff congratulates Chairman Joe VanZandt and President and CEO Randy McCurley along with the directors, officers and employees on this important milestone for the citizens of Mobeetie, Wheeler County and the community banking industry. |
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| PAC AUCTION |
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Bidda Bidda Bidda! What’s your Bid?
One of our goals for this year’s PAC Auction is:
unique \yû-`nçk\ adj being the only one; being without a like or equal; unusual
Think about the last auction you attended. What was that one special item that stood out in your mind or was popular with the bidders? Perhaps it is something unique to your area of the state. Perhaps it is a unique handcrafted item made by one of your customers or local artisans. Maybe you’re looking for that “once-in-a-lifetime” unique experience for your child.
We want to promote this year’s auction on the IBAT website as well as create a special color catalog of the auction items. Showcasing the items prior to convention will allow some of our members who are unable to attend the convention the opportunity to ask someone to bid on an item for them. It will also allow our online bidders to view your unique items, while building excitement for the convention.
Of course, our golf outings, weekend getaways, paintings and hunting and fishing trips are always popular, as well as jewelry and artwork. Whatever your preference, click here for the PAC Auction Form. If possible, please e-mail a digital photo of your item or send your auction item to Mae Beth at IBAT and we’ll take care of transporting it to San Antonio. |
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| 32ND ANNUAL CONVENTION |
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This year's convention includes a special Pre-convention Workshop - Dialogue With The Regulators. Senior regulators from the OCC and the Texas Banking Department will conduct concurrent sessions for state banks and national banks, discussing current issues and trends in their respective agencies.
You can find all the information online - click for brochure. August 18 is the early bird registration deadline and cutoff for room reservations.
We'd also like to extend a big THANK YOU to all our sponsors and exhibitors for their generous support! Speaking of which...exhibit space is sold out, but we still have some sponsorship opportunities available. Don't miss this chance to promote your company to potential clients! |
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| LEADERSHIP DIVISION |
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The Leadership Division has scheduled two regional meetings...
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| SOLUTIONS FROM SERVICES |
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FundsXpress Financial Network, an IBAT Endorsed Provider since 1997, invites you to a complimentary Webinar. New regulatory guidelines require financial institutions to implement additional Internet banking authentication measures by the end of 2006. To help your institution make the best decision in fulfilling this requirement, IBAT and FundsXpress will host an informative Webinar to review a number of fraud-minimizing security tools. Sign up today!
Date: Wednesday, August 30, 2006
Time: 8:00-9:00 AM CST
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| BAKER WEEKLY |
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Economic “moderation” is the recent tune from the Fed this week. In his semi-annual address to Congress on Wednesday, Fed Chairman Bernanke took a lashing when he spoke on the condition of the economy and Fed policy. Read more in this week's Baker Weekly. 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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Hispanic Banking - Community Banking's Future
Austin, TX - Friday, August 18, 2006
Key Questions to be Addressed:
 What is and where is our Hispanic Market today and tomorrow?  Why is the Hispanic market key to community banking's and my Bank's future? How can my bank analyze our Hispanic market? How can we create a successful Hispanic banking program, while increasing my bank's profits, market franchise and shareholder value?
IBAT & PBS Co-Sponsored Events
8/16 Irving
8/17 San Antonio
9/13 Irving
10/11 Houston
10/24 San Antonio
10/25 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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August 1-2, 2006 - Irving |
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August 6-11, 2006 - Lubbock |
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August 23, 2006 - Fort Worth |
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August 24-25, 2006 - Arlington |
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August 28, 2006 - Amarillo |
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September 1-4, 2006 - Coeur d'Alene, Idaho |
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September 7, 2006 - Crowne Plaza Dallas near the Galleria |
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October 1-3, 2006 - San Antonio |
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October 8-13, 2006 - Dallas | | |
