| NEWS |
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The 80th Texas Legislature is now "in the books". We are most pleased to report that HB 3928, the margins tax technical corrections bill with our critically important apportionment language, was approved by both houses on Saturday. This is a significant victory for community banking, and your overwhelming responses to our "calls to action" very definitely made a difference.
We additionally are pleased to report that once again, the entirety of IBAT's proactive legislative agenda (ILC branch restrictions, local government conflicts of interest and registered agent) has passed and late last week the Governor signed these bills into law.
Further information is available in the most recent IBAT Capitol Report.
FREE Legislative Wrap-up Webinar
We are again pleased to offer a FREE web-based teleconference program to inform you and your staff of significant changes affecting your business.
Karen Neeley and Steve Scurlock will provide a fast-paced, lively discussion of what passed, what didn't and how your bank will be impacted. The program will cover the changes to the tax bill, home equity lending, privacy and identity theft issues, commerce and banking limitations, mortgage fraud, tax lien lender activities, numerous operational and lending initiatives and provide some "inside baseball" observations on one of the more unique sessions in some time.
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| IBAT 33RD ANNUAL CONVENTION |
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This year we're excited to present Chris Gardner, author of "The Pursuit of Happyness." Gardner is the head of his own brokerage firm now, but just 20 years ago he was homeless, carried all his possessions on his back, and lived – on occasion – in a bathroom at a Bay Area Rapid Transit station in Oakland, California. A true testament to the perseverance it takes to make it from “rags-to-riches,” Gardner tells his story of overcoming obstacles, “breaking cycles,” and the motivation it takes to make your own success.
Attention Bank Suppliers...
If you'd like your company name listed in the convention promotional brochure, the deadline has been extended to May 31. Sponsorships and tabletops, however, are going quickly. Just complete and return your application via fax (512.322.9004).
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| MAKING A DIFFERENCE NOMINATIONS |
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There likely is one special person in your bank who contributes above and beyond, who goes beyond the standard in character, attitude and performance. The person who volunteers their time and effort in community service.
IBAT is currently accepting nominations for the 2007 Making a Difference Award. Click HERE for more information and the nomination form.
Deadline for nominations is June 1.
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| LEGAL EASE QUESTION OF THE WEEK |
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Question: Our HR department has questions about staffing up during holidays. Typically back office or perhaps drive thru tellers will be working while other staff may have a "holiday." The usual question is whether the individuals working over the holiday/closed period must receive overtime pay (at time and a half or higher).
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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IBAT’s recently endorsed Advantage Health Plans Trust* will be on the road conducting regional meetings throughout the state! The first two meetings are set for the first week of June in Mt. Pleasant and Tyler. Click on one of the following links to register today! Join other IBAT member banks that have come on board with AHPT.
Today's healthcare climate is difficult and challenging to understand and navigate. Robust benefits allow you to recruit and keep great team members but keeping up with the changes in the system and the requirements of each one can be time consuming and expensive. There are better ways to play the benefits "game" and Jay Kempton, President of the Kempton Group - administrators for Advantage Health Plans Trust - will share the differences available to Texas bankers through your IBAT Services team and USI. Mark your calendar for AHPT's next webinar on July 17th at 8:30 a.m., look out for your invitation soon.
Need more information now? Contact Rick Berg at USI Southwest at 713.490.4597 or e-mail at rick.berg@usi.biz.
*Paid Endorsement |
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| IBAT EDUCATION FOUNDATION |
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To discover simple strategies for managing money visit the IBAT Education Foundation web site. In the center of the page, click on FDIC GUIDE. |
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| BAKER WEEKLY |
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The stock market seems intent on reaching new highs...Crude oil is currently trading around $65/bbl...The Dow Jones Industrial Average is trading around 13,450...Median home prices plunged 11%...16.2% increase in new home sales...Existing home sales fell 2.6%...Durable goods orders were up for the third month in a row...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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| TECHMECCA 2007 |
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Attendees: Registration is open for TechMecca 2007. This unique event will be held at the New Red Rock Resort and Casino in Las Vegas. Check out the conference schedule for the one-of-a-kind sessions offered.
Exhibitors/Sponsors: It is not too late to register for a booth or become a sponsor. However, space is limited.
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| ON THE EDUCATION FRONT |
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The fall schedule for the IBAT Summits has been set:
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Advanced Bonds
August 2 - San Antonio
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Bank Operations Institute
October 7-12 - Dallas
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Lending Compliance
August 23-24 - Addison
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Sales Culture
November 6-7 - Arlington
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Liquidity Management
Sept. 6-7 - San Antonio
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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 2007.
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June 12 |
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June 14-16 - Hyatt Lost Pines Resort |
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September 29 - October 2, 2007 - Fort Worth |
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FDIC Banker Outreach
October 23 - Richardson
October 25 - Arlington |
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Financial Literacy Summit
December 4-5 - TBD | | |
