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 IBAT's Bottom Line the IBAT weekly electronic newsletter  6/11/2007 
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Fresh Start - Taxpayer Amnesty Program
Texas Comptroller Susan Combs recently announced Project Fresh Start for qualified taxpayers from June 15, 2007 to August 15, 2007. Taxpayers who have not filed returns or underreported past taxes may take advantage of this limited amnesty program to pay delinquent taxes without paying associated penalties and interest. This could result in substantial savings for you.
 

IBAT.org

 
Deadline - June 26
You have until June 26 to get your entries in for this year's Best of Community Banking competition.  Your bank and your employees deserve recognition for all you do for the communities you serve.  Why not share your accomplishments with your peers across the state and give your customers, shareholders and employees something to talk about!
IBAT.org CLICK HERE for entry brochure
 

IBAT.org

 
Pre-convention Workshop - FREE to all convention registrants!
 
Remote Deposit Capture: Best Practices In Pricing And Deployment
Have your remote deposit capture (merchant capture) initiatives been wildly successful?  Or are you still considering whether you need to offer this potentially profitable service?
     Brad Smith and Sharon Sokol from Abound Resources will present this special value-added workshop for convention registrants.  We'll explore the opportunities, costs and risks, and share the pricing and deployment secrets from several community banks that have had great success.
 

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Question:  The bank is planning to have a booth at an upcoming boat and RV show.  Any regulatory issues to remember?
     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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Core Processors and Banks: Who's Responsible for Security?
IBAT Endorsed Service Provider, SecureWorks, invites you to a free, live webcast:
     Date: June 26, 2007 at 3:00 pm cdt
     Duration: 30 min. + Q&A
     Core Processors handle a myriad of IT functions for your Bank but how does the critical issue of security fit into the equation?  Where does Core Processor security end and your security begin?  In this free webcast, a SecureWorks security expert will discuss where the responsibility lies and evaluate some best practices to put into place.
 
Customer Relationship Webinar
In today’s digital world it is possible to know your customers better than you could have ever before and turn this knowledge into profit.  IBAT members have an opportunity through a special “members only” complimentary webinar to learn how Connections customer relationship management can help you achieve more profitable customers through wisely cross-selling the appropriate products and services to the right customer.  During this exciting hour you will also learn how Connections can help your institution with profitability, database marketing, sales tracking and incentive programs.
     Date:  Tuesday, June 12, 9:30am cdt  
     CLICK HERE to register online... 
If you have any questions or would like more information call or e-mail Abby Mast at MSI – 205.991.5900 ext. 433 or amast@my-msi.com
 
IBAT.org  
The IBAT Education Foundation web site has links to web sites and articles to help teach children the value of money and importance of saving money. On the home page click on Parents/Adults under "Who You Are" and find "Help students establish responsible credit habits" under the Articles column.
 

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Stocks last week took a tumble of over 380-points from the record Dow high of 13,676 set on Monday. News of central banks from the Euro-zone to New Zealand increasing interest rates sent shock waves across the globe. U.S. companies and their future cash flow projections were reduced as fear of higher borrowing costs might become a reality if the U.S. wants to compete globally for foreign investments...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. 
 

EDUCATION

 
Advanced Bonds Summit
August 2, 2007
Omni La Mansion del Rio, San Antonio
 
At the end of the summit, attendees will be able to:
IBAT.org Explain basic principles of interest rate and bond market dynamics
IBAT.org Apply proper analysis of individual bonds
IBAT.org Identify techniques for comparison of different bond types
IBAT.org Create a method for investment portfolio management within the context of overall Asset/Liability Management
 
COMING SOON

 
 
 
 
 
 
 
 
 
 
 
For a complete listing of upcoming events, click here. Meanwhile, please mark your calendar for some of our key events for 2007.
 
 
Advanced Bonds Summit
August 2 - San Antonio
 
Lending Compliance Summit
August 23-24 - Addison
 
September 29 - 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


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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