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 IBAT's Bottom Line the IBAT weekly electronic newsletter  9/10/2007 
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IBAT.org

 
You are invited to attend the 6th Annual IBAT Education Foundation Gala on October 2, 2007 in Fort Worth.  Dancing Under the Stars is not to be missed - and you don't have to dance!  Come listen to premier pianist Heather Sullivan and her quartet.
     In addition, you will learn more about the collaborations between IBAT and Junior Achievement to promote financial literacy in Texas; the CRA recognition for banks who work on these initiatives; and the exciting results from kids.  Plus this who's who event will celebrate and recognize 5 award winners from our membership.
 

news

 
There has been confusion over the disclosures in a home improvement contract mandated by HB 1038.  The contractor's registration number and the TRCC address and phone number are not required to be "immediately above an existing 'important notice' to home buyer that must be above the signature line.'"  This information must be in at least 10 point type and conspicuously printed or typed.
     We apologize for the confusion.  Both the Legislative White Paper and the Special Compliance Bulletin have been updated.
 

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Question:  May the bank monitor the e-mail of its employees?
     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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IBAT.org
 
Available Now!  The Results of IBAT's 2007 Salary/Compensation Survey released in plenty of time for 2008 planning.  Information compiled was reported by peer groups as of March 30, 2007!
 
The Results highlight...
IBAT.org 2 new Exec Officer and 5 Other Officer positions
IBAT.org Comp data for 80+ job titles
IBAT.org Director's Comp including related activities, responsibilities and time commitments
IBAT.org Utilization of Incentive Comp Programs
 
For a complete description of The Results of the 2007 IBAT Texas Community Bank Salary & Compensation Survey, CLICK HERE.
     John Cooper and Coy Lewis have contributed their combined expertise to design the survey to collect relevant data for today's community bankers.  The Executive Summary covers key findings of this year's survey including comparisons to previous surveys.
     Place your order by contacting John Cooper @ 972.276.2213 or john@cooperbis.comFor additional information, contact Jessica Molina @ 800.749.4228 or jmolina@ibat.org.
     Remember:  Making correct/informed comp decisions will save your bank much more than the cost of The Results at just $869.20!
   

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Bond prices surged and yields fell across the maturity spectrum after the Labor Department released the employment data for the month of August.  Non-farm payrolls fell by 4,000, the first decline in four years.  The report was extremely bad news for the economy and the stock market.  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. 
 

CONVENTION

 
September 29 - October 2, 2007
Renaissance Worthington Hotel, Fort Worth
 
CLICK HERE for more information or to register.
 

IBAT.org

 
Last year during the IBAT Convention, Mark Few of American Bank in Marble Falls made his wife, Debbie, very happy when he took home a 1-carat diamond after his ticket was drawn in the Diamonds Rock event.  You could be this year’s winner!  Tickets will be available during the convention and the winning ticket will be drawn immediately following the Live Auction on Monday evening, October 1.  Be a hero with your special someone and be a hero for the IBAT PAC!
 

IBAT.org

 
We've got some awesome auction items to benefit the IBAT PAC.  Remember, if you won't be be able to attend the convention in person, ask one of your colleagues who is going to bid on some items for you.  And, a big THANKS to everyone who has donated an item to this year's auction!
 

EDUCATION

 
IBAT members have access to register for the following webcasts...
 
 
COMING SOON

 
 
 
 
 
 
 
 
 
 
For a complete listing of upcoming events, CLICK HERE.  Meanwhile, please mark your calendar for some of our key events for 2007. 
 
 
September 29 - October 2, 2007 - Fort Worth
 
IBAT Education Foundation 6th Annual Gala
October 2, 2007 - Fort Worth
 
Bank Operations Institute
October 7-12 - Dallas
 
FDIC Banker Outreach
October 23 - Richardson
October 25 - Arlington
 
 
TechMecca 2007
November 28-29, 2007 - Las Vegas
 
Financial Literacy Summit
December 4-5 - TBD
 
Winter Summit VIII
January 27-29 - South Lake Tahoe, NV


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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