ON THE HILL
		Credit Union Bill to be Considered on US House Floor Tuesday! Express Your Opposition. Contact Your Member of Congress Today!      The House of Representatives is scheduled to consider H.R. 5519, the Credit Union Regulatory Relief Act (CURIA) of 2008 tomorrow (Tuesday, April 29). This misnamed legislation, introduced by Congressman Paul Kanjorski (D-PA) and Ed Royce (R-CA), was advertised as making very minor adjustments to current credit union law.  However, the language of the bill is so broadly drafted that it does far more than advertised (see below).      You must contact your Congressman TODAY for us to make a difference on this important vote.  Letters and faxes will do no good, you must call!      IBAT will be taking over 100 Texas bankers to DC this week, but the vote on this bill is expected before our arrival.      What the bill does:      H.R. 5519 purports to allow credit unions to serve the "underserved" when, in fact, it would permit a huge expansion of the geographic reach, commercial lending authority and product offerings for all tax exempt credit unions.  Many whole cities with no geographic or population ties to individual credit unions would become eligible for expansion by credit unions because the credit union regulator has declared them "underserved."  Furthermore, business loans in these 641 cities and other areas already designated as "underserved" by the National Credit Union Administration (NCUA) would be excluded from the commercial lending cap that applies to credit unions.  This essentially permits credit unions to loan to all businesses located in one of these designated areas.      Please call ASAP.  Tell them to oppose H.R.5519!!
SUBCHAPTER S BANKS REGIONAL CONFERENCES
		You still have time to register for the Sub S Bank Association Regional Conference – hotel deadline has been extended to May 2.      The conference will be held May 13 in Dallas, May 14 in Chicago, and May 15 in Minneapolis.      The speakers will discuss ways to manage a Subchapter S institution, including the legal and regulatory aspects involved.      Click HERE for more information, or call Julie Courtney at 800.749.4228.
2008 LEADERSHIP CONFERENCE
		Catch the Wave to Leadership Excellence June 19-21, 2008 Online registration is open, and we still have sponsorship and exhibit opportunities available.      More information...
LEGAL EASE QUESTION OF THE WEEK
		Question:   I have a question regarding a partnership account.  What should happen to the partnership account when one of the two partners dies?  Does the executor of the decedent’s estate have any rights to it?  Can the remaining partner close the account?  Should the bank freeze the account?  Your help or direction to information about this subject would be greatly appreciated.      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.
BAKER WEEKLY
		Yields on Treasury Notes and Bonds rose last week as economic news was generally better than forecast.  Durable goods orders surged in March as the weak dollar helped boost exports.  Initial jobless claims fell to a two-month low, indicating a pause in labor market weakness.  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.
SOLUTIONS FROM SERVICES
		IBAT 2008 Salary and Compensation Survey will be in your inbox May 5th!      IBAT is preparing the 2008 Salary and Compensation survey which will be mailed out to all past participants by May 5th.  Be on the lookout for your questionnaire and call the IBAT office with any questions.  The results are scheduled to be released by September 4th and deadline for participation is June 9th!      For more information about the survey or if you do not receive your questionnaire in the mail contact Jessica Molina at 800.749.4228 or e-mail at jmolina@ibat.org.
ON THE EDUCATION FRONT
		Save the dates:  Advanced Bonds Summit - 8/7 - Westin DFW, Irving  Lending Compliance Summit - 8/21 - Sheraton Gunter, San Antonio  Liquidity Management Summit - 9/4-9/5 - Westin DFW, Irving
COMING SOON
		For a complete listing of upcoming events, CLICK HERE.  Meanwhile, please mark your calendar for some of our key upcoming events.      IBAT Leadership Conference June 19-21, 2008 - Moody Gardens, Galveston   IBAT Associate Member Orientation July 25, 2008 - Austin   Advanced Bonds Summit August 7 - Irving Lending Compliance Summit August 21 - San Antonio   Liquidity Management Summit September 4-5, San Antonio   IBAT 34th Annual Convention September 21-23, 2008 - Hyatt Lost Pines Resort, Austin/Bastrop   Bank Operations Institute October 5-10, 2008 - Dallas   Sales Culture 201 Summit November - Dallas   TechMecca 2008 November 3-4 - Dallas   Financial Literacy Summit December 3-4 - Location TBD