Community Bankers Association of Illinois
Community Bankers Association of Illinois    Community Bankers Association of Illinois CBAI E-Newsletter Sponsor - SHAZAM
 
     A Bi-Weekly News Bulletin for CBAI Members                          May 4, 2011 Graphic
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Community Bankers Association of Illinois
Community Bankers Association of Illinois Community Bankers Association of Illinois


  • CBAI Sends Banker Delegation to Washington
  • Division of Banking Director Flores Meets with CBAI Leaders
  • Update on Sony & Epsilon Data Breaches
  • CBAI Comments on FDIC Core and Brokered Deposit Study
  • Midwest Office Supply and Bank of Springfield Name CBAI Foundation as Golf Tournament Recipient
  • Fannie and Freddie Set Same Guidelines for Delinquent Mortgages
  • “TBTF” — Let’s Finish the Job”
  • “E Pluribus Unum”
  • After-Dinner Speakers Energize Bankers at CBAI Group Meetings
  • Agencies Propose Swap Definitions, Capital Standards
  • Baker Market Update
  • Chicago Fed Index Shows Midwest Economic Growth
  • Agricultural News
  • Preparing for Disaster in the 21st Century
  • It’s Not Just New, It’s Version YOU.0
  • Deadline for BKD Award Nominations Is June 1, 2011
  • Need More High-Quality Loans? Five Easy Steps To Get There
  • Commercial Lending Institute Set for May 10-12
  • Community Bank Marketing Conference - Discounted Pricing and Free Giveaway
  • Call Report Preparation Set for May 17 & 18


  • CBAI Sends Banker Delegation to Washington

    Nearly 50 CBAI member bankers, guests, and staff were in Washington earlier this week in conjunction with ICBA’s Annual Policy Summit. The CBAI delegation met with Illinois’ 21 members of Congress as well as key federal regulators. Issues discussed included debit interchange, harsh examinations, CFPB rules, interest on business deposits, overdraft guidelines, downsizing the too-big-to-fail banks, and the Farm Credit System.

    Addressing the ICBA’s nearly 500 community bank leaders from across the nation were U.S. Representative Spencer Bachus (R-Al), chairman of the House Financial Services Committee; Neal Wolin, Deputy Secretary of the Treasury; Tom Hoenig, president of the Federal Reserve Bank of Kansas City; and U.S. Senator Mary Landrieu (D-La), chairman of the Senate Committee on Small Business and Entrepreneurship. The Summit concluded with a reception for the members of Congress and their staffs. A more detailed report on the Summit will soon be provided.

    Meanwhile, CBAI continues to urge community bankers to contact their members of Congress to support legislation to delay implementation of debit interchange regulations.
    See Action Alert. Some analysts now conclude that the regulations could compromise the fight against fraud. See Article.

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    Division of Banking Director Flores Meets with CBAI Leaders

    Approximately 40 community bankers representing the boards of directors of Community Bankers Association of Illinois (CBAI) and Community BancService Corporation, Inc. (CBSC) met April 21 with Manuel Flores, director of the Illinois Division of Banking, and Deputy Director Scott Clarke. As the new acting director, the purpose of the meeting was to introduce him to leaders of one of the nation’s largest banking trade associations.
    See News Release.

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    Update on Sony & Epsilon Data Breaches
    Are you secure? Could you be next?

    On the heels of two major data breaches CTH Technologies would like to remind the CBAI membership on the importance of having the proper security tools and policies in place to assure that sensitive company information and more importantly, your confidential customer financial information is secure from any accidental or malicious breach, theft or fraud. CTH Technologies is a CBSC preferred vendor for data loss prevention (DLP).

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    CBAI Comments on FDIC Core and Brokered Deposit Study

    CBAI submitted a comment letter to the Federal Deposit Insurance Corporation on its Core and Brokered Deposit Study. The Dodd Frank Act mandates the Study to determine if changes are warranted to statutory or regulatory treatment of brokered deposits.

    CBAI recommended preserving a wide variety of funding sources for community banks, not increasing the already significant regulatory burden, not further stressing banks which are adversely classified or under regulatory enforcement actions, and the careful consideration of any unintended consequences of new rules, regulation or guidance.
    Read CBAI's Comment Letter.

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    Midwest Office Supply and Bank of Springfield Name CBAI Foundation as Golf Tournament Recipient

    Have fun and benefit the CBAI Foundation for Community Banking which endows the 15 scholarships CBAI offers each year to deserving high school seniors. Play golf, sponsor a hole, or donate to the silent auction – it all helps YOUR education foundation!

    Click here for details on the golf outing:
    http://www.springfieldcaddyshack.org/
    Contact Laura Cusick or Joanie Whaley at BOS if you wish to donate items or cash to the silent auction or wish to be a hole sponsor: cshack@bankofspringfield.com or jwhaley@bankofspringfield.com.

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    Fannie and Freddie Set Same Guidelines for Delinquent Mortgages

    Fannie and Freddie will now have the same guidelines for servicing delinquent mortgages that they own or guarantee. The uniform servicing requirements will include monetary incentives for servicers that perform well and penalties for those that do not. Servicers will be required to contact borrowers as soon as they become delinquent, and the foreclosure process my not begin until the borrower and servicer are engaged in good-faith efforts to resolve the delinquency. Detailed guidelines will be issued to their servicers in the second and third quarters.
    See FHFA Release.

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    “TBTF — Let’s Finish the Job”

    Cam Fine, ICBA President, emphasizes in his recent column to community bankers the importance of resolving Too-Big-To-Fail.
    See Column.

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    “E Pluribus Unum”

    ICBA Chairman Sal Marranca discusses the importance of community bankers working together as leaders of the great profession called Community Banking.
    Read More.

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    After-Dinner Speakers Energize Bankers at CBAI Group Meetings

    CBAI’s
    Group Meetings not only consist of an optional golf outing, dinner, an association update by CBAI President Bob Wingert, and a report on legislative activities by Kraig Lounsberry, CBAI senior vice president of governmental relations, they also include an after-dinner presentation on a hot topic. This year’s presentation features Don Shafer or Gabe Krajicek from BancVue on the topic of “Redefine the Customer Banking Experience, While Generating Non-Interest Income.” Both speakers have received rave reviews from the first Group Meeting attendees. You won’t want to miss this timely, insightful, and energizing presentation. Register to attend a Group Meeting near you today!

    For testimonials, please click here.

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    Agencies Propose Swap Definitions, Capital Standards

    The Securities and Exchange Commission and the Commodity Futures Trading Commission released proposed rules on swaps definitions and nonbank institutions subject to swaps regulation.
    Read More.

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    Baker Market Update

    Information received since the Federal Open Market Committee met in March indicates that the economic recovery is proceeding at a moderate pace and overall conditions in the labor market are improving gradually.
    Read More.

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    Chicago Fed Index Shows Midwest Economic Growth

    The Midwest Economy Index of the Federal Reserve Bank of Chicago increased in March to the highest level since December 1999. Manufacturing’s contribution was the largest, although the consumer spending, services, and construction sectors also improved.
    See Fed Release.

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    Agricultural News

    Farm Economy Continues Strong Performance

    A recent University of Illinois study found the ag-related companies outpaced the performance of the S&P 500 firms from 2007 through the first quarter of 2011.
    See FarmWeek Article.

    Planting Delay Calculator Developed

    Heavy rains in recent days have raised concerns about planting delays and what crops to plant. Economists at the University of Illinois have created a FAST spreadsheet to help farmers make projections on returns. See Article.

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    Preparing for Disaster in the 21st Century

    With the severe tornados, floods, and storms this current spring season is putting us on pace to set a new record for FEMA declared disasters and a high-risk hurricane season projected, we wanted to take this opportunity to share some thoughts and experience on disaster preparedness. Read More.

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    It’s Not Just New, It’s Version YOU.0

    Compliance One The latest version of Wolters Kluwer's ComplianceOne® was made with you in mind.

    It’s still the same comprehensive system that seamlessly integrates compliance, policies/procedures, documentation, and data across your entire organization. It’s still one solution for all your lines of business. But now, it’s better than ever.

    With this one system, you’re able to:

    • deliver exceptional products and services across multiple channels
    • reduce inefficiencies to decrease delivery time
    • minimize costs to grow top-line revenue
    • manage compliance risk effectively
    There’s no better way to singularly meet your business objectives and initiatives. Made with you in mind, it’s version YOU.0.

    Want to Know More? ComplianceOne® Product Page Call 1-800-552-9410.

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    Deadline for BKD Award Nominations Is June 1, 2011 -
    Is Your Bank in the Running?


    Nominations are being taken for The BKD Award which brings recognition to banks with an outstanding, innovative product/service or public service program. Last year, the winner was Allied First Bank, Oswego. This year, your bank could be the winner! Nominations are due at CBAI headquarters no later than June 1, 2011. If you have misplaced your nomination form, you can download it directly from
    www.cbai.com or call the CBAI Department of Communications at 800/736-2224 or e-mail the CBAI Department of Communications at cbaicom@cbai.com.

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    Need More High-Quality Loans? Five Easy Steps To Get There
    By Roxanne Emmerich

    We've seen easier times. Remember when loan requests just walked through the door? That was nice while it happened, but you may not want to hold your breath waiting for the “good old days" to return. This may be the new “normal.” It's time for different mindsets and skill sets, because banks that “get it” are taking market share from the others at a record-breaking pace. While many banks are filled with lenders complaining that there isn't loan demand, there's a new breed of banker who's making hay. They know what to do, and they're doing it right now. This article offers five steps you can start today to attract high-quality loans and get them to bring all their business to you. Emmerich will be the keynote speaker at CBAI’s fifth annual Community Bank Marketing Conference on May 12 in Springfield.
    See Article.

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    Commercial Lending Institute Set for May 10-12

    CBAI offers the
    Commercial Lending Institute, a three-day mini-institute, to provide your commercial lenders with a solid foundation for producing and managing a quality loan portfolio. It focuses on analytical tools such as ratio, financial, cash-flow analysis, as well as commercial loan-structuring to enhance repayment capacity. Leading the faculty is Jeffery Johnson, president and founder of Bankers Insight Group, Atlanta, GA.

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    Community Bank Marketing Conference - Discounted Pricing and Free Giveaway

    CBAI offers its fifth annual
    Community Bank Marketing Conference at the Crowne Plaza in Springfield on May 12. The keynote speaker is Roxanne Emmerich of The Emmerich Group, Minneapolis, MN. She has been described as America's most sought-after workplace transformation expert. She is listed by Sales and Marketing Management magazine as one of the 12 most requested speakers in the country for her ability to transform negative workplace performance and environments into “bring it on” results-oriented cultures. In her keynote presentation, “Thank God It’s Monday,” Emmerich will enlighten participants on how to turn their teams from “snooze-button hitters” to “rock-star performers” and create a buzz-worthy environment customers will love. Other hot topics on the agenda include a legislative update with Kraig Lounsberry, CBAI SVP governmental relations; a look at the key regulations affecting bank marketers with Tim Tedrick, WIPFLi LLP; retaining customers and selling to prospects with Emma Vandeveer, South Side Trust & Savings Bank, Peoria; executing a successful PR strategy with Matt Kaufman, PMA Financial Network, Naperville; and gaining competitive advantage using mobile banking with Drew Stewart, Diebold in Indianapolis, IN. A mini-exposition featuring the latest products and services benefitting the community bank and its marketing efforts also highlights the day.

    CBAI is offering a $50 discount for any president or CEO who attends with another individual from the bank. Plus, all conference attendees receive a complimentary copy of Roxanne Emmerich’s book, “Thank God It’s Monday!”

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    Call Report Preparation Set for May 17 & 18

    This comprehensive seminar will review each schedule of the quarterly
    Call Report with emphasis on the extensive 2010-2011 revisions, accounting changes, and regulatory guidance. Recent changes have produced confusion and many questions. This is your chance to get the answers that you need. The seminar provides basic training for new preparers and complete coverage of new and complex issues for experienced preparers. This will be a two-day session with time to address individual bank questions and discuss new and more complex issues. Bankers with responsibility for the entire Call Report should attend both days. The second day, which will include all the lending schedules, will offer training to those with responsibility for only these schedules, with less time out of the bank. Judith Alexander Jenkins of Bank Training Services in Houston, TX, leads this seminar.

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    CBAI
    PROFESSIONAL DEVELOPMENT PROGRAMS THROUGH 6/30/2011


    TELEPHONE/WEBCASTS THROUGH 6/30/2011


    CBAI EVENTS


    Marketing Conference - May 12 - Crowne Plaza, Springfield

    Community Bankers School – July 10-15, Illinois Wesleyan University, Bloomington (details available soon)


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