| BREAKING NEWS |
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Moments ago, Texas State Banking Commissioner Randall James announced his retirement effective the end of August, 2008. IBAT has enjoyed a wonderful working relationship with Randall and everyone in the department since his arrival as Deputy Commissioner in 1991. His leadership and experience as chief state banking regulator will be sorely missed.
The entire IBAT Board, Leadership and staff wish him the very best as he pursues new opportunities. A copy of the Department of Banking release appears HERE. |
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| ON THE HILL |
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Pending Interchange Legislation
Retail merchants and consumer groups are driving legislation aimed at setting interchange fees charged by banks on debit and credit card transactions. H.R. 5546 and S. 3086 are the vehicles. The ICBA has put together an impressive package of background materials to assist you in contacting your Congressman and Senators. A quick letter, e-mail or phone call to your elected representatives would assist in derailing this damaging legislative proposal. |
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| IBAT CONVENTION |
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Attention Bank Suppliers!
Send us your commitment for a convention sponsorship or tabletop exhibit by Friday, June 20, and you'll be listed in the promotional brochure and in IBAT's July/August magazine!
Click HERE for more information and the preliminary schedule as well as the early registration form. |
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| IBAT FIVE*STAR AWARD |
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Five*Star Voting Opens Today!
It's time to turn the spotlight on our Associate Members who are this year's nominees for the IBAT Five*Star Award and let them
Service excellence
Human relationships based upon trust, respect and strong working relationships
Integrity that meets the highest standards
Never-ending commitment to the success of your bank
Exceptional value for the products and services provided.
Please click HERE and vote for one company in each of the three tiers.
The winners in each category will be recognized during the IBAT Education Foundation Gala on September 21 at the Hyatt Lost Pines Resort.
Your vote is important! Deadline to submit your vote is Friday, June 27. |
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| BEST OF COMMUNITY BANKING AWARDS |
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June 30th is the Deadline for Best of Community Banking Entries
Highlight your bank's involvement and contributions in your local community by entering the 2008 Best of Community Banking Awards competition. Entries are due by 5:00 p.m. on Monday, June 30. For complete information, click HERE.
Awards will be presented during the Best of Community Banking Awards Luncheon on Tuesday, September 23rd during the Annual IBAT Convention at the Hyatt Lost Pines Resort in Bastrop.
A special thanks to this year’s sponsors:
 BKD, LLP (Deborah Scanlon)
 The Genesis Group (Melissa Kinion and Virginia Grimes)
Rogers-Ford, LC (Pat and Cynthia Ford)
MCoUSA (Jim Myers)
The Data Center (Rick Coburn)
Computer Services Inc. (Rick Turner) |
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| TRAILBLAZER AWARD |
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IBAT recently honored Waco Congressman Chet Edwards with the IBAT Leadership Division Trailblazer Award in recognition of his outstanding legislative efforts in the US House of Representatives. Cong. Edwards is a co-sponsor of the Communities First Act, which provides regulatory burden and tax relief for community banks, and has been a longtime supporter of community banking.
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| LEGAL EASE QUESTION OF THE WEEK |
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Question: Is there a rule regulating a time period within a bank must mail the paid note, titles and other lien documents when a loan is paid off?
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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| BAKER WEEKLY |
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Bond prices fell sharply last week as Federal Reserve Chairman Ben Bernanke pledged to “strongly resist” any lack of confidence in US price stability. The Chairman’s comments were echoed by some of his colleagues in an orchestrated attempt to keep inflation expectations anchored at reasonable levels. 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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| SOLUTIONS FROM SERVICES |
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Merchant Services Processing Provided by SWBC/TermNet
Through the IBAT endorsement of SWBC/TermNet, your customers will be able to take advantage of a complete menu of payment processing solutions that will enable them to accept and make payment transactions simply, efficiently, safely, and at highly competitive costs. SWBC/TermNet is committed to offering your bank customers the industry’s safest and most cost effective methods for payment acceptance.
The Benefits to the Bank
Providing high quality merchant processing services to your commercial customers can create a variety of additional sources of income as well as enhance your bank offerings including:
þ Referral Fees
þ Monthly Residual Income
þ Marketing Material
þ Salaried SWBC/TermNet Sales Executives.
For more information contact:
John Anderson, 877.969.6687, janderson@termnetinc.com
or visit our website at www.termnetinc.com
or Mike Colston, 800.515.3036, mcolston@swbc.com |
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| ON THE EDUCATION FRONT |
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Registration is now available for the following IBAT Summits:
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Advanced Bonds Summit
August 7 - Irving
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Lending Compliance Summit
August 21 - San Antonio
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Liquidity Management Summit
September 4-5 - Irving
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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 upcoming events.
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August 7 - Irving |
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August 21 - San Antonio |
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September 4-5, Irving |
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September 21-23, 2008 - Hyatt Lost Pines Resort, Austin/Bastrop |
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October 5-10, 2008 - Dallas |
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Sales Culture 201 Summit
November - Dallas |
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November 3-4 - Dallas |
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Financial Literacy Summit
December 2-3 - San Antonio | | |
