'Amplify' Helps Amplify Good News
Amplify is a free communications platform available to all bankers. Created by the American Bankers Association, but available to both ABA members and nonmembers, Amplify provides an online platform of tools to help banks promote the good works they do for their communities. Access online.
Nifong Wins Swackhamer Award
Congratulations to Everett Nifong, vice president of commercial banking with Lake City Bank, Warsaw, who was awarded the 2013 James B. Swackhamer Outstanding Agri-Banker Memorial Award. He was presented with the award Dec. 5 in West Lafayette at this year’s Midwest Agricultural Banking School, co-sponsored by the IBA. Photo on IBA Facebook.
Approximately 200 bankers attended the 2013 Midwest Agricultural Banking School, held at Purdue University. Photos available online.
FDIC 3Q Profile Shows Improvement for Indiana
The Federal Deposit Insurance Corp. Quarterly Banking Profile, third quarter 2013, reports an increase in net income in Indiana, bucking the trend of a nationwide decline. The 133 institutions chartered in Indiana — a drop of four from the profile one year earlier — reported net income of $529 million, compared to the year earlier of $519 million. Earning assets grew by $1.534 billion to $62,768 billion. Indiana’s average return on assets were at 1.02 on Sept. 30 (slightly above the prior quarter), compared with 1.06 nationally for the third quarter.
BankersEdge Offers UDAAP Training
IBA training partner, BankersEdge, has developed a new training course, "Unfair, Deceptive or Abusive Acts or Practices for the Financial Institution," to help banks mitigate UDAAP risk. This 30-minute comprehensive course covers advertising, telemarketing, debt servicing and collection, predatory lending, and consumer privacy rules and regulations defined under UDAAP. For a brief demonstration, please contact our BankersEdge representatives: Robin Centerino, 314-729-0473, or Hilary Northcutt, 877-999-3343, ext. 198.
This resource helps IBA members to market and sell bank-owned real estate through the REOdeedwagon.com website. The site permits banks to showcase real estate for sale, reaching an audience of potential buyers that extends well beyond current local markets.
REOdeedwagon.com is provided courtesy of the IBA Service Corp. in partnership with Community Bank Services Inc., a wholly owned subsidiary of the North Carolina Bankers Association. For more information, please contact Rod Lasley at the IBA, 317-387-9380.