IBAT News

New OCC Guidance


The Office of the Comptroller of the Currency (OCC) issued new guidance to the Policies and Procedures Manual providing a ‘framework’ for determining what impact evidence of discrimination or other illegal credit practices would have on the assigned CRA rating for national banks. IBAT General Counsel Karen Neeley sees this as a significant—and welcome—change in tone from the OCC.

This policy change appears to remove the probability of an automatic CRA ratings downgrade, despite the fact the bank had already addressed any alleged discriminatory or illegal credit practices and/or their impact on the bank’s CRA activity was inconsequential.

Acting Comptroller of the Currency Keith Noreika issued the following statement regarding the changes to OCC PPM 5000-43, “Discriminatory and Illegal Credit Practices.”

“Today’s changes to an internal OCC policy ensure a logical nexus between our CRA performance evaluation ratings and banks’ CRA-related activities. The revisions make certain we give full consideration to the corrective actions taken by banks during our evaluation. The revised policy ties a CRA rating, and any downgrade, to CRA lending activities so that banks have incentive to improve their CRA activity and are held accountable for any discriminatory or other illegal credit practices related to their CRA activities.”

Baker Market Update: Oct. 16, 2017


In a week where Spain tried to turn itself back into an Ernest Hemingway novel and the Cub Scouts tried to turn themselves into a Virginia Wolff essay, one might be forgiven for missing the release of the FOMC minutes. Not to worry; they were very much like the previous meeting’s minutes. And very much like the minutes before that. To the surprise of no one, the members of the FOMC are universally concerned and frustrated about the lack of inflation, but are of different minds regarding a course of action to address those concerns. Also, according to the minutes, nobody got called a moron. Yet. But, how should one refer to policy-makers who are convinced that raising the cost of credit is an appropriate policy response to a disinflationary environment? Very carefully.

Read More in the Baker Market Update

Home Equity Vote


We are pleased that significant home equity enhancements were passed in the last legislative session. As this is constitutional law, the provisions will go to the voters next month on November 7. Early voting starts October 23, and voter information can be found on the Secretary of State’s website

We have two versions of push cards—one with and one without verbiage regarding home equity loans on agriculture exempt properties—available for distribution to your staff and customers. Please email Jessenia Villarreal with your name, bank name, address and how many cards you would like. We will mail these to you promptly. 

While polling indicates this is not a slam dunk, we have scheduled a Home Equity Summit  on December 5. As “off-year” elections historically reflect low turnout, it is especially critical to encourage those in the banking community to exercise their right to vote.  

Baker Market Update: Oct. 10, 2017


It may take a little squinting, but if one can get past a few trees infested with pine-bark beetles, the view of the labor market forest uncloaked by this morning’s jobs report provided many observers with an eye-pleasing vista. It was September of 2010 the last time the monthly NonFarm Payroll (NFP) count was negative, but in the face of last month’s 33k decline, the Unemployment Rate fell by two-tenths to 4.2% while the demographically driven and downward trending Labor Force Participation Rate rose by those same two-tenths to 63.1%. In terms of actual numbers, the actual number of employed persons rose by 906k while the total of those unemployed fell by 331k. Sightseers might want to remember that data from the Household Survey can produce measurements that can sometimes appear to not quite agree with the much larger Establishment Survey. This particular forest is not without weeds.

Read More in the Baker Market Update

IBAT Convention Recap


IBAT’s 43rd Annual Convention wrapped up last week in Austin with near-record attendance and rave reviews from attendees. While there were many highlights from this year’s event, we captured a few special moments for you to enjoy via video, including:

Attendees will receive an email this week with links to many of the slide decks used by presenters. And, don’t miss the collection of photos from the IBAT Convention posted online!

Presidential Proclamation

 


NOTE: Please be advised that President Donald Trump has issued the following proclamation concerning the flying of the United States flag at half-staff immediately through Friday, October 6, 2017.  Please contact me if you have any questions concerning this proclamation. 

Respectfully,

Greg Davidson 

Gregory Scott Davidson, Executive Clerk and

Director of Constituent Communication Division

Office of the Governor ● P.O. Box 12428 ● Capitol Station ● Austin, Texas 78711

(512)463-1800

THE WHITE HOUSE

Office of the Press Secretary

FOR IMMEDIATE RELEASE

October 2, 2017

HONORING THE VICTIMS OF THE TRAGEDY IN LAS VEGAS, NEVADA

- - - - - - -

BY THE PRESIDENT OF THE UNITED STATES OF AMERICA

A PROCLAMATION

Our Nation is heartbroken.  We mourn with all whose loved ones were murdered and injured in last night's horrible tragedy in Las Vegas, Nevada.  As we grieve, we pray that God may provide comfort and relief to all those suffering.

As a mark of respect for the victims of the senseless act of violence perpetrated on October 1, 2017, by the authority vested in me as President of the United States by the Constitution and the laws of the United States of America, I hereby order that the flag of the United States shall be flown at half-staff at the White House and upon all public buildings and grounds, at all military posts and naval stations, and on all naval vessels of the Federal Government in the District of Columbia and throughout the United States and its Territories and possessions until sunset, October 6, 2017.  I also direct that the flag shall be flown at half-staff for the same length of time at all United States embassies, legations, consular offices, and other facilities abroad, including all military facilities and naval vessels and stations.

 IN WITNESS WHEREOF, I have hereunto set my hand this second day of October, in the year of our Lord two thousand seventeen, and of the Independence of the United States of America the two hundred and forty-second.

DONALD J. TRUMP

 

 

Baker Market Update: Oct. 2, 2017


Death and taxes; the only two sure things in life. Right? While any debate over the former is unlikely to engender any changes in outcomes, we’re all in store for much wrangling over the fate of the latter. The announcement this week of the Administration’s plan for tax-structure reformation has market participants scrambling to gauge, among other things, the likelihood of the proposed framework actually becoming actionable legislation. With more details expected as the process evolves, a reduction in marginal rates for businesses and households are hallmarks of the new plan with changes to allowable deductions garnering much attention. The nine-page outline was a little light on specifics. An environment ripe for wrangling

Read More in the Baker Market Update

Baker Market Update: Sept. 25, 2017


Financial markets around the globe are digesting an address just delivered this morning by British Prime Minister Theresa May in which she sought to comfort those suffering from Brexit-related anxiety. Her job becomes more difficult with the announcement that Uber’s license to operate in London has been revoked by the regulatory dotardson-the-Thames. Somebody’s going to need a ride. 

Read More in the Baker Market Update

Baker Market Update: Sept. 18, 2017


A lot of excitement this week for those that get excited about cell phones. Apple announced their latest and greatest new device to much fanfare. There’s was also a lot of excitement this week for those that get excited about inflation. The Bureau of Labor Statistics (BLS) announced a greater-than-expected rise of 0.4% in its Consumer Price Index (CPI). One wonders, will Janet Yellen still be able to blame disinflation, the bane of her existence, on the telecommunications industry? Rumor has it that the shiny, new iPhone X comes with a shiny, new price tag of $1,000. American. That’s more than a new set of irons! Two thru wedge, even.

Read More in the Baker Market Update

Presidential Proclamation


Please note the following proclamation from President Trump ordering flags to half-staff on Monday, September 11 for Patriot's Day.  Since no flag may fly higher than the US flag, all flags should be lowered appropriately.  Please contact me if you have any questions. 

Gregory Scott Davidson

Executive Clerk and Director of Constituent Communication

Office of the Governor, P.O. Box 12428, Capitol Station, Austin, Texas 78711

(512)463-1800

The White House

Office of the Press Secretary

For Immediate Release

September 08, 2017

President Donald J. Trump Proclaims September 11, 2017, as Patriot Day

PATRIOT DAY, 2017
 
- - - - - - -
 
BY THE PRESIDENT OF THE UNITED STATES OF AMERICA
 
A PROCLAMATION

On Patriot Day, we honor the nearly 3,000 innocent lives taken from us on September 11, 2001, and all of those who so nobly aided their fellow citizens in America's time of need.  We rededicate ourselves to the ideals that define our country and unite us as one, as we commemorate all the heroes who lost their lives saving others.
 
September 11, 2001, will forever be one of the most tragic days in American history.  Through the unimaginable despair, however, ordinary Americans etched into our history remarkable illustrations of bravery, of sacrifice for one another, and of dedication to our shared values.  The shock from the indelible images of the smoke rising from the World Trade Center and Pentagon gave way to countless inspiring videos of co-workers helping one another to safety; of heroes running into collapsing buildings to save the innocent people trapped within; and to the unforgettable story of the patriots who charged the cockpit of Flight 93 to save untold numbers of lives.  These heroes moved us with their bravery.  They make us proud to be Americans. 
 
Throughout history, everyday Americans and first responders have done the extraordinary through selfless acts of patriotism, compassion, and uncommon courage.  Not just in New York, Virginia, and Pennsylvania, but across our great Nation, Americans on September 11, 2001, bound themselves together for the common good, saying with one voice that we will be neither scared nor defeated.  The enemy attempted to tear at the fabric of our society by destroying our buildings and murdering our innocent, but our strength has not and will not waiver.  Americans today remain steadfast in our commitment to liberty, to human dignity, and to one another.  
 
It has been 16 years since the tragedy of September 11, 2001.  Children who lost their parents on that day are now parents of their own, while many teenagers currently in high school learn about September 11th only from their history books.  Yet all Americans are imbued with the same commitment to cause and love of their fellow citizens as everyone who lived through that dark day.  We will never forget.  The events of September 11, 2001, did not defeat us.  They did not rattle us.  They, instead, have rallied us, as leaders of the civilized world, to defeat an evil ideology that preys on innocents and knows nothing but violence and destruction.  
 
On this anniversary, I invite all Americans to thank our Nation's incredible service members and first responders, who are on the front lines of our fight against terrorism.  We will always remember the sacrifices made in defense of our people, our country, and our freedom.  The spirit of service and self sacrifice that Americans so nobly demonstrated on September 11, 2001, is evident in the incredible response to Hurricanes Harvey and Irma.  The same spirit of American patriotism we movingly witnessed on September 11th has filled our hearts as we again see the unflinching courage, compassion, and generosity of Americans for their neighbors and countrymen.  The service members and first responders who lost their lives on September 11, 2001, and in the years of service since would be proud of what we have all witnessed over these last three weeks and what will undoubtedly unfold in the coming months of recovery.  By protecting those in need, by taking part in acts of charity, service, and compassion, and by giving back to our communities and country, we honor those who gave their lives on and after September 11, 2001.
 
By a joint resolution approved December 18, 2001 (Public Law 107-89), the Congress has designated September 11 of each year as "Patriot Day." 
 
NOW, THEREFORE, I, DONALD J. TRUMP, President of the United States of America, do hereby proclaim September 11, 2017, as Patriot Day.  I call upon all departments, agencies, and instrumentalities of the United States to display the flag of the United States at half-staff on Patriot Day in honor of the individuals who lost their lives on September 11, 2001.  I invite the Governors of the United States and its territories and interested organizations and individuals to join in this observance.  I call upon the people of the United States to participate in community service in honor of those our Nation lost, to observe this day with appropriate ceremonies and activities, including remembrance services, and to observe a moment of silence beginning at 8:46 a.m. Eastern Daylight Time to honor the innocent victims who perished as a result of the terrorist attacks of September 11, 2001.
 
IN WITNESS WHEREOF, I have hereunto set my hand this eighth day of September, in the year of our Lord two thousand seventeen, and of the Independence of the United States of America the two hundred and forty-second.

DONALD J. TRUMP

Baker Market Update: Sept. 11, 2017


Last week, the fortunes of credit markets were heavily influenced by a hurricane, a missile,  and  tawdry  political  machinations. This  week, credit  market  behavior was heavily influenced by a hurricane, a missile, and tawdry political machinations. Is this history repeating itself or just the present in a programming loop? Come to think of it, the economy has been stuck in a loop for lo, these last eight years.  The series of four rate hikes that began at the end of 2015 would support the contention that the economy had broken out of its loop and needed to be reined in. Minneapolis Fed President Neel Kashkari addressed this loopiness with his observation that “…we at the Fed might be making one of two fundamental mistakes…”. That’s right; the “M” word.

Read More in the Baker Market Update

Recovery Plan


IBAT Services is pleased to announce that IBAT Endorsed Service Provider Diebold Nixdorf has activated a recovery plan for service demands in affected areas of Hurricane Harvey to ensure safety and to facilitate a rapid restoration of service. These actions are taken to ensure seamless recovery of all branch operations in the affected areas and are applicable to both direct and indirect Diebold Nixdorf customers.  

Our actions include: 

  • Ensuring full technician availability around locations affected by flooding, so they are available to assess damage and prioritize recovery efforts, once it is safe to do so; 
  • Mobilizing technicians from nearby areas and volunteers from other regions to manage assessment and recovery efforts;
  • Staging parts and equipment and coordinating expedited parts shipments to necessary areas; 
  • Ensuring availability of appropriate personal protective equipment to deal with flooding; and
  • Executing a flexible crisis management strategy that brings together various areas at Diebold Nixdorf to perform a coordinated response.

As we respond to the storm's impact and talk with customers and local employees, our strategy remains flexible to address specific concerns within the area. Diebold Nixdorf remains focused on its disaster recovery efforts, so stay tuned for updates. 

You can contact us at 1-800-DIEBOLD (1-800-343-2653) to get immediate, 24/7 support right now, or reach out to us through our online contact form.

We care about you and your customers, and we want to get you fully operational as soon as possible. Diebold Nixdorf and the staff at IBAT Services will be there as long as it takes to make sure that happens.

For further information please do not hesitate to contact me at 512-783-4776 or mfew@ibat.org

AHPT Resource Sheet


By Melissa Nance, Advantage Health Plans Trust

During times of weather related emergencies we are often overwhelmed with  all the details of starting over. Below are a few reminders that may help you identify where to start.

  • Providers and members can speak to a representative by calling your health plan customer service number on the back of your member ID card. Here are some common numbers:
  • Advantage Health Plans: 800-324-9396
  • Aetna: 800-872-3862
  • BCBS: 800-521-2227
  • Cigna: 800-244-6224
  • Humana: 844-330-7799
  • Scott & White: 800-321-7947
  • UHC: 877-294-1429
  • Lost or damaged member ID Cards can be reordered by contacting your health plan customer service. Often, temporary ID cards can be printed online. 
     
  • The Affordable Care Act mandates that emergency services are available under all benefit plans. If you need emergency assistance, dial 911 or go to your nearest emergency services provider. 
     
  • To verify provider network participation, you may contact your health plan customer service. 
     
  • Lost or damaged prescriptions may be replaced at no cost* to the participant. Contact your health plan customer service or your pharmacy benefit manager for instructions. *This benefit may not be available from all health plans.
     
  • Maintenance medications typically ordered through a mail order program, may need to have shipment delayed by contacting your mail order pharmacy or your health plan customer service. 
     
  • Members may consider updating their mail order prescriptions shipping address to an alternate address until more permanent solutions transpire. Contact your mail order pharmacy or your health plan customer service for instructions. 
     
  • Often times, employer sponsored group life or disability plans include an Employee Assistance Program (EAP). Contact your employer or group life or disability plan customer service for details.  

Our thoughts and prayers are with you now, as always, as you, your employees, your family and friends, and the community begin to move forward from the devastation caused by weather related emergencies.

Hurricane Harvey Relief Fund


Our thoughts and prayers are with the communities affected by the devastation from Hurricane Harvey. While we have been in touch with our members in affected areas, we know it will take time—especially in heavily flooded areas—to properly assess the extent of the damage. IBAT and TBA, along with the Independent Community Bankers of America, American Bankers Association, Texas Department of Banking and Texas Department of Savings and Mortgage Lending, have established a fund to help banking families directly impacted by Hurricane Harvey.

The Hurricane Harvey Relief Fund is set up through the Texas Bankers Foundation. Click here to donate by credit card or check. Please note IBAT and TBA will absorb all credit card processing fees so that 100 percent of every dollar collected goes directly to the relief effort. The Texas Bankers Foundation is a 501(c)(3), and all corporate and personal contributions are tax deductible. Checks must be made payable to the Texas Bankers Foundation in order to be tax deductible, and please denote this is for the Hurricane Harvey Relief Fund. Thank you for your support of fellow bankers as they soon begin the difficult recovery process. Together we will recover and rebuild. God bless Texas community bankers and God bless Texas

Hurricane Harvey Aftermath


A Non-Exclusive Checklist of Post-Harvey Items For Lenders and Servicers to Remember
From Harvey’s Ancestors – Katrina, Rita and Ike

By Tom Alleman, Member, Dykema Cox Smith

The sudden arrival of Hurricane Harvey is an unfortunate reminder to lenders and servicers of the issues that arise after catastrophes. This checklist provides guidance about immediate issues lenders, servicers and special servicers must address now. It is non-exclusive, of course; a lesson from prior disasters is that they have a tendency to generate unforeseen problems.

These problems will arise again and likely in other unexpected parts of the country.

Now is the time to attend to the following critical issues and protect your rights with the assistance of experienced professionals. Even if you escaped Harvey (or Katrina, or Rita or Ike), you cannot relax.  Hurricane season doesn’t “end” until November and the next storm may strike in your area — and it is time to start preparing for fallout with experienced professionals. 

1. Do you have copies of the policies, binders or other documents providing effective proof of coverage?

  • Locate and review them with experienced professionals immediately!
  • Was the property on a binder at the time of loss? It is important to ensure that you know what coverage terms are applicable.

2. FEMA flood policies (if the borrower has one)

  • It is possible, even probable, that FEMA will extend the deadline for reporting Harvey claims as it has for other hurricanes and river flooding incidents. But until that extension is granted, there is a hard 60-day deadline from the date of loss in which the insured may report FEMA flood insurance claims. Failure to comply means a loss of coverage.
  • FEMA flood policies contain requirements as to what must be included in the insured’s proof of loss. Strict compliance is an absolute must. The standard FEMA policy requires the insured to provide current contact information on all mortgagees/lienholders. Has your borrower done so?
  • Are you listed as a loss payee? A lender loss payee? What do your loan documents say about who makes/controls the claim?

3. Business interruption policies

  • Business interruption policies are highly manuscripted forms that vary widely from insurance company to insurance company. Do you have a copy of the relevant policy?
  • Who is responsible for making the claim? Have they done so? Have the policy provisions been complied with? This is important because most business interruption coverage includes a “waiting period” before coverage/benefits begin.
  • Does the policy require the insured property itself to have suffered physical damage before there is coverage? Many basic forms of business interruption coverage provide no coverage unless this is the case.
  • Are you listed as a loss payee? Lender loss payee? What do your loan documents say about who makes/controls the claim?
  • How are damages being computed for covered losses? Whose responsibility is it to do this? Are the documents available to make/support the claim?

4. Property/builders’ risk policies

  • Do you have a copy of the policy? Are you listed as a loss payee? Lender loss payee? What do your loan documents say about who makes/controls the claim?
  • Who is responsible for making the claim? Have they done so? Have the policy provisions been complied with?
  • Co-insurance: is the valuation adequate to avoid a co-insurance or underinsurance penalty?
  • How will losses be valued? Are there special issues involved? What support does the insured have for its claims?
  • Does your borrower’s policy have a Named Storm Deductible or other percentage deductible? Does it apply? How is it computed? What is the borrower doing to comply?
  • Does the business interruption policy require direct physical damage to the structure? Are there delays or waiting periods for business interruption coverages? Is there contingent business interruption or civil authority coverage?

5. Valuation

  • a. What is the borrower doing to collect/preserve evidence to prove the amount and cause of loss? If the policy does not provide coverage for flooding, there may be coverage only for wind-driven water or wind. Proving what happened to a particular structure requires prompt action.

6. What ifs — real situations from prior disasters

  • What if the property is at some point in foreclosure proceedings? Who handles the claim? What must the lender/servicer/special servicer do?
  • What if the borrower is unable or unwilling to proceed with a claim? What does the lender/servicer/special servicer do?
  • What if there are multiple properties each with a different lender on a single policy?
  • What if the insurer denies coverage and the borrower is unwilling or unable to proceed with a claim?

All of these questions can be addressed, but experience teaches that now, rather than later, is the time to do so. Starting today, begin triage of possible issues, reach out to affected borrowers and consult with and assemble experienced professionals to assist in earlier and easier resolutions.

Hurricane Harvey Aftermath


By Melissa Nance, Advantage Health Plans Trust

During times of weather related emergencies we are often overwhelmed with  all the details of starting over. Below are a few reminders that may help you identify where to start.

  • Providers and members can speak to a representative by calling your health plan customer service number on the back of your member ID card. Here are some common numbers:
  • Advantage Health Plans: 800-324-9396
  • Aetna: 800-872-3862
  • BCBS: 800-521-2227
  • Cigna: 800-244-6224
  • Humana: 844-330-7799
  • Scott & White: 800-321-7947
  • UHC: 877-294-1429
  • Lost or damaged member ID Cards can be reordered by contacting your health plan customer service. Often, temporary ID cards can be printed online. 
     
  • The Affordable Care Act mandates that emergency services are available under all benefit plans. If you need emergency assistance, dial 911 or go to your nearest emergency services provider. 
     
  • To verify provider network participation, you may contact your health plan customer service. 
     
  • Lost or damaged prescriptions may be replaced at no cost* to the participant. Contact your health plan customer service or your pharmacy benefit manager for instructions. *This benefit may not be available from all health plans.
     
  • Maintenance medications typically ordered through a mail order program, may need to have shipment delayed by contacting your mail order pharmacy or your health plan customer service. 
     
  • Members may consider updating their mail order prescriptions shipping address to an alternate address until more permanent solutions transpire. Contact your mail order pharmacy or your health plan customer service for instructions. 
     
  • Often times, employer sponsored group life or disability plans include an Employee Assistance Program (EAP). Contact your employer or group life or disability plan customer service for details.  

Our thoughts and prayers are with you now, as always, as you, your employees, your family and friends, and the community begin to move forward from the devastation caused by weather related emergencies.

Baker Market Update: Aug. 28, 2017


We all know how it is with monetary policy; timing is everything. It may be somewhat telling, and perhaps apropos, that Kansas City Fed President Ester George’s timing was a little off in the planning of her celestial watch party. It was actually Monday when the path of totality crossed Wyoming, but so what, Janet and Mario are coming to town for the big Economic Policy and Post-Eclipse  Symposium!  Mrs.Yellen  is speaking this morning in Jackson Hole on the topic of financial stability because, well, she can’t really talk about  inflation,  can  she? Rising asset valuations and the lack of volatility have many Fed officials concerned  that complacent investors  are failing  to see the potential  risks lying in wait. Take off those funny-looking glasses!

Baker Market Update: Aug. 21, 2017


Double, double toil and trouble; Fire burn and caldron bubble.

Shakespeare’s “Song of the Witches” may have even more relevance for the modern world than it did for the age of Macbeth.  The latest terrorist event in Spain reminds anyone who might need reminding  that the world can be a dangerous  place, even without evil spells, and financial markets are exposed to risks beyond those described by economic conditions.

Read More in the Baker Market Update

Law Changes


The Texas Legislature convenes for 140 days for its regular session in each odd numbered year, and thousands of pieces of legislation are filed. IBAT wants to ensure our members are aware of upcoming changes affecting financial institutions, many of which take effect September 1, 2017. 

We’ve compiled detailed guidance related to changes in laws pertaining to multi-party account disclosures, powers of attorney and elder financial abuse. Additionally, we’ve created a white paper addressing other legislation impacting community banks that IBAT was engaged in during the 85th Legislative Session. We also recently held a webinar to discuss the outcomes of the 85th Regular Session of the Texas Legislature and what it all means for Texas community banks. We encourage you to access these resources to ensure you will be in compliance with updated laws.  

BOCB Winners


And the Winners Are...

We were blown away, yet again, by this year’s Best of Community Banking Award submissions. Our bank members should be commended for the outstanding work they do both in their banks and in their communities. Special congratulations to First Convenience Bank (Mesquite), a division of First National Bank Texas (Killeen), for its Nexus Teen Residential Program partnership that received the 2017 Best of Show Award.

Listed below are the 2017 BOCB Gold Eagle Award winners, and all other winners can be found here. Thank you to all entrants for enriching the lives of Texans each and every day.

Architectural Design

  • Citizens National Bank, Henderson (COMMUNITY SPIRIT AWARD) - Restoring the Past, Bringing Legacy to Life

Community Service

  • First United Bank, Lubbock (COMMUNITY SPIRIT AWARD) - Community Spirit Project
  • Texas Regional Bank, McAllen - Building Dreams: One Home at a Time
  • American Bank, Corpus Christi - American Bank Wears Jeans for a Cause

Financial Literacy

  • First National Bank Texas, Killeen (BEST OF SHOW) - Nexus Project
  • Happy State Bank, Amarillo - Kid's Bank
  • Industry State Bank - The Building Blocks of Financial Education
  • Fort Hood National Bank - FHNB Financial Readiness Program

Marketing

  • HomeTown Bank, Galveston - HomeTown Bank's 50th Anniversary
  • Independent Bank, McKinney - Corporate Culture
  • First State Bank, Gainesville - First State Bank New Website
  • Independent Bank, McKinney - Employee Milestone Program

Flags at Half-Staff


governor of the state of texas

 

The State of Texas lost a distinguished leader with the passing of former Governor Mark White today. As a mark of respect for his public service, it is fitting that flags in Texas be lowered to half-staff.

Therefore, pursuant to Chapter 3100 of the Texas Government Code and 4 U.S.C. § 7, I do hereby direct the lowering of all Texas and United States flags to half-staff in memory of Governor Mark White. Flags throughout the state should be at half-staff from sunrise on Sunday, August 6, 2017, until sunset on Thursday, August 10, 2017, and again on the day of his interment once it has been determined by his family. Please notify all pertinent personnel within your agency and other state agency leaders of this directive.

Individuals, businesses, municipalities and other political subdivisions and entities are encouraged to fly their flags at half-staff for the same length of time in memory for this deserving public servant.

Our prayers of comfort are extended to Linda Gale and the White family in their time of grief. I urge all Texans to appropriately remember Governor White’s life of service to the State of Texas.

Respectfully,

  Greg Abbott

Governor

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