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 IBAT's Bottom Line the IBAT weekly electronic newsletter  6/30/2008 
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We are seeking 5 banker runners to form an IBAT Running Relay Team in the upcoming Junior Achievement/Silicon Lab Relay.  The race is set for Austin on Sunday, September 21. This coincides nicely with our IBAT Convention (Sept 20-23) in Austin; the team would also be recognized at the IBAT Foundation Gala on Sunday evening.
The team make-up would include 5 runners who would carry the baton for the following lengths:
 
 2 - 11.1 k's
 1 - 10 k
 2 - 5 k's
 
Please let us know if you might have interest in helping field a team and/or participating in the relay, or if you already have a team you would like to bring along.  Let us know your preferred running length.  This team effort would be a fundraiser for the IBAT Education Foundation.
     For more details, call or e-mail Mary Lange, mlange@ibat.org or 800.749.4228.
 
TIB PRESIDENT RECEIVES LEADERSHIP AWARD

 
The IBAT Leadership Division recently presented its coveted Excellence in Leadership Award to Michael G. O’Rourke, President and Chief Executive Officer of TIB-The Independent BankersBank.  The award was presented during the annual Leadership Conference at Moody Gardens in Galveston. For more, click HERE.
 

 
The 600-member IBAT Leadership Division has elected Gruver banker Kyle Irwin to serve as president for 2008-2009.
     Other officers include President-Elect Todd Price of First State Bank in Mesquite, Vice President Gary Wells of Happy State Bank in Amarillo and Secretary-Treasurer Angie Brown of First National Bank in Giddings.
     New board members include Abel Castro of First Bank & Trust in Lubbock; Craig Roberts of Guaranty Bond Bank in Sulphur Springs; Misty Clary of Community National Bank in Midland; Christy Hester of Texas Bank & Trust in Longview; and Michael Rehm of Jefferson Bank in San Antonio.
     Others named to the board include Wendy Griffin of Schertz Bank & Trust in Schertz; Keary Barnes of The Catalyst Company in Houston; Robert B. (Bobby) Dunkin II of First Community Bank in Harlingen, Gregg Appel of HCSB-A State Banking Association in Kerrville; and David Fuller of PointBank in Pilot Point.
 

 
Summer events and McGruff the Crime Dog® work together to keep your customers safe.  Mark your calendar for Tuesday, August 5th, for the 25th annual National Night Out Against Crime.  Support your community with McGruff Safety Kits!
     Click HERE for order information...
 

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Question:   Jane Doe appoints John Doe and Play Doe, as her attorneys in fact in her durable power of attorney.  My question is:  Do I need the signatures of both for them to act?  It looks to me like I do.
     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.
     

  As expected, the Federal Reserve held overnight borrowing rates at 2.0% on Wednesday, ending a string of seven-straight rate cuts since mid-September 2007…Following the Fed’s announcement, crude oil prices shot up to record levels, breaking $140/bbl as Libya threatened to cut production after the slide in the U.S. dollar…The Dow Jones Industrial Average has fallen more than 12% and is on the verge of crossing the -20% mark since its peak on October 9, 2007…The Treasury market on the other hand has rallied of late, with the yield on the 10Yr T-Note falling 26bps since June 16 of this year, to Friday’s yield of 4.00%.  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.
 
 
 
  
 
FundsXpress - A First Data Company
Endorsed by IBAT, FundsXpress - A First Data Company provides Internet-based financial services for retail and commercial financial institutions.  By combining transactional functionality with a comprehensive support infrastructure, FundsXpress provides secure Internet banking, small business banking, account aggregation, loan platform, and Portana™ Dynamic Web Site.  For additional information or if you have any questions contact Jack McDonald at 512-493-2903 or e-mail at jack.mcdonald@fxfn.com.

 

 

 

 
A special thanks to all the participants, sponsors and exhibitors for the success of the 2008 IBAT Leadership Conference ~ Catch the Wave to Leadership Excellence.  With record-breaking attendance we look forward to the 2009 Conference at the Hyatt Hill Country San Antonio, June 18-20, 2009.
     Check out photos from the conference HERE.
 
COMING SOON

  
 
 
 
 
 
 
 
 
 
 
 
 
For a complete listing of upcoming events, CLICK HERE.  Meanwhile, please mark your calendar for some of our key upcoming events. 
 
 
IBAT Associate Member Orientation
July 25, 2008 - Austin
 
August 7 - Irving
August 21 - San Antonio
 
September 4-5, Irving
 
September 21-23, 2008 - Hyatt Lost Pines Resort, Austin/Bastrop
 
October 5-10, 2008 - Dallas
 
Sales Culture 201 Summit
November - Dallas
 
November 3-4 - Dallas
 
Financial Literacy Summit
December 2-3 - San Antonio


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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