“In an age characterized by the instantaneous global distribution of information; in an age where high-frequency traders...
Baker Market Update April 17, 2014
Things got off to a pretty good start on Monday with the release of a 1.1% monthly increase in Retail Sales. Maybe this means we’re coming out from under the deleterious effects of winter’s harshness. Full update.
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.
The housing finance overhaul bill introduced by Senate Banking Committee Chairman Tim Johnson, D-S.D., and Ranking Member Mike Crapo, R-Idaho...
As large banks improve their resistance to cyber attacks, cyber criminals are “very likely [to] turn their attention to community banks,”...
Education / Events
Plan to Attend IBA Regional Meetings
The schedule has been set for the 2014 series of regional meetings to be held around the state. Each meeting will include an IBA update, regional peer discussion and lunch with local legislators. Detailed information, including specific location and registration instructions, is forthcoming.
· June 10 – Merrillville · July 17 – Spiceland
· July 8 – Jeffersonville · July 29 – Indianapolis
· July 9 – Evansville · Aug. 19 – Fort Wayne
· July 15 – Bloomington · Aug. 21 – Lafayette
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.