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| DON'T MISS OUT... |
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Bank Operations Institute
October 7-12 - Dallas
More information...
Last day to register 9/19! There is still time to register for the next BOI session.
FDIC Banker Outreach
October 25 - Austin
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| LEGAL EASE QUESTION OF THE WEEK |
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Question: Do state chartered bank boards of directors still need to certify surplus to establish their lending limit?
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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Experience the Newest AccuSource SOLUTION
As IBAT's most recent Five-Star Endorsed Service Provider, AccuSource Solutions is providing an exciting new means of delivering products needed for your daily bank operations. Designed primarily for the community banker, the AccuSource Bank Products web store is now available to meet your bank/office supply, promotional product, custom printing (bank forms, receipts, etc) and custom stamp/seal needs. They have gone to great lengths to providing a comprehensive selection of products, competitive pricing and prompt service.
AccuSource wants to thank all IBAT members for their support…as a token of their appreciation they are offering a $50 gift incentive that can be used to purchase any item in our web store (excluding furniture). There are no minimum purchase requirements...if you purchase just $50 worth of merchandise the incentive will be honored! This offer is for initial purchases of new web store customers and is for one-time use only. Simply enter Incentive Code 62269 upon final checkout and a maximum of $50 will be deducted from the items purchased (for purchases totaling less that $50.00, the amount purchased is the amount deducted).
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| BAKER WEEKLY |
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Last week’s biggest movement in the Treasury market came on Monday as Dennis Lockhart, President of Atlanta’s Federal Reserve Bank, expressed his concerns of weakening job growth dated beyond just July’s decline in job growth. Other Fed Governors also chimed in to voice their concerns over what Janet Yellen, President of San Francisco’s Fed Bank, called a “significant downward pressure” on the economy. Other news - crude oil reached an all-time-high of $80.20/bbl as OPEC countries are slow to increase production to meet current global demands. The dollar fell to the lowest level ever against the euro as signs suggest a slowing U.S. economy. One dollar is worth only 0.722€. Currently, the 2Yr T-Note yields 4.07%, after falling to 3.85% on Monday, hitting a two-year low. Today, the 10Yr T-Note yields 4.47% and the 2’s/10’s spread is just over 40bps. 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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| IBAT 33RD ANNUAL CONVENTION |
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September 29 - October 2, 2007
Renaissance Worthington Hotel, Fort Worth
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| IBAT PAC AUCTION |
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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!
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| TECHMECCA |
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TechMecca 2007 officials have secured Microsoft technology expert Sharjeel Noor as a highlight of the two-day Las Vegas, Nevada, conference Nov. 28-29.
Noor, a specialist with the Microsoft TS2 team, will address the 1,000-plus attendees at the closing general session.
The University of Southern California graduate travels throughout the United States meeting with Microsoft Partners to help them understand the programs and incentives available to compete more effectively and therein realize their full potential.
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| ON THE EDUCATION FRONT |
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2nd Annual Banking on the Border Conference
October 29-30, 2007 - Tucson, AZ
More information...
Join us for the Second Annual Banking on the Border conference! We have a very exciting program including Alfonso Martinez-Fonts from the Department of Homeland Security and a keynote address from Texas Banking Commissioner Randall James.
Managing Your Bank For Growth
October 29-30, 2007 - Dallas
Don’t waste time with trial and error. Bring home proven strategies to attract new customers and expand your relationships with existing customers. Learn techniques that have been successful for many community banks, regardless of their demographics or competition. If profitable growth is part of your strategic plan, this program is a must.
Preserving Independence For The Community Bank
November 8-9, 2007 - Dallas
This program presents a comprehensive look at key ways community banks may preserve and promote long-term independence. The session will be practical in application discussing structuring techniques such as the bank holding company formation, subchapter S status, and public versus private status. Additionally, key techniques for enhancing shareholder value including stock repurchase transactions, driving earnings performance and conducting appropriate strategic planning will also be addressed. In addition, by analyzing trends in the current merger and acquisition environment, participants will know how to avoid becoming a target that is sold to another institution. |
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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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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 |
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Winter Summit VIII
January 27-29 - South Lake Tahoe, NV | | |
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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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