“In an age characterized by the instantaneous global distribution of information; in an age where high-frequency traders...
Industry News
Heartbleed Bug FAQs
“Heartbleed” is a flaw in the programming on secure websites that could put personal information at risk, including passwords, credit card information and emails. The Heartbleed Bug is a defect in encryption technology — called Open SSL — used by most Web servers to secure users’ personal or financial information.
In response to concerns about recent reports on the Heartbleed Bug, the American Bankers Association has created a Heartbleed Bug FAQ document for consumers. The document addressed questions addressing the nature of the bug and safety of bank accounts.
NOTE: Helpful article from Mashable.com - “The Heartbleed Hit List: The Passwords You Need to Change Right Now.”
Apr 10, 2014
The 2013 Equias Alliance/ Michael White BOLI Holdings Report is now available. The report summarizes results of the 2013...
Advocacy
Consolidation of the Banking Industry
According to a recent FDIC report, consolidation has resulted in an increase in banking institutions with more than $100 million assets in both the number of institutions and also total assets. However the number of banks under $100 million in assets has declined by 85 percent. Most importantly, the report recognizes that the number of bank and thrift charters has dropped from more than 20,000 bank and thrift charters 30 years ago to only 6,800 today. Read IBA Desktop blog.
Apr 11, 2014
Sen. Dan Coats on March 10 introduced the Community Financial Protection Act, legislation that would protect a lender with less than $10 billion...
Apr 11, 2014
The Federal Deposit Insurance Corp., Office of the Comptroller of the Currency and Federal Reserve Board on Tuesday approved a supplementary...
Education / Events
Regulatory Conference Call
The FDIC Chicago Region is hosting the first session of its 2014 Regional Regulatory Conference Call series, “Investment Securities – New Rules for Assessing Credit Risk," on April 24 from 10-11 a.m. Central time. Register online by April 22. A confirmation email with access information will be sent on April 23. For more information, please contact Janalyn Mitsiopoulos, 312-382-7570.
2014 IBA Mega Conference
This year’s Mega is sparked by the theme, “Experience the Energy.” Energy radiates everywhere, from the energy within us to the energy that ignites our industry. The Mega Conference will revitalize you and others at your institution. We hope you will join us for the 2014 Mega Conference, April 28-30, at the Indiana Convention Center. We have a magnetic lineup of speakers and high-energy sessions that are designed to renew your energy and leave you recharged and rejuvenated!
April 28-30, 2014. Register Today!
Amplify Your Efforts
Amplify is a public relations and grassroots effort developed by the American Bankers Association with help from banking professionals. Available to all bankers — both ABA members and nonmembers, it offers tools to help rebuild the image of banking. Register online. This program is designed to provide access to information and systems to make it quick and easy for banks to “Amplify” accomplishments in the areas of: Send an Email to Congress, Tweet Your Representatives, Set Up a Bank Visit, Speak to a Local Group, Engage the Media, and Additional Resources.
Connect
In This Issue
Mar 30, 2014
Checks and balances are important. Without them, power becomes concentrated and abused. The banking industry is perhaps the...
Products / Services
The Indiana Bankers Association has a responsibility to to develop and maintain relationships with service providers that will benefit the IBA membership. This month we are highlighting the following Preferred Service Providers, and trust you will consider these PSPs when looking for related products or services.
IBA Group Insurance Trust
Contact:
Drew Tomasik, 800-558-6206, ext.144
The IBA Group Insurance Trust provides employee benefit programs to more than 100 IBA members...
2014 Financial Institution Compensation Survey - Chance to Win an iPad!
Your participation is requested! One of the most powerful benefits that the Indiana Bankers Association has to offer is our annual Financial Institution Compensation Survey. Only with maximum participation is the full potential of the survey realized.
Participants in the 2014 survey will receive up to a 60% discount on the purchase of the survey reports, which will be available in August 2014. Also, all participants who return their completed survey by May 2, 2014, will be entered into a drawing* for a chance to win an iPad® Air! The survey will close on June 2, 2014.
