Lucas White takes the helm at ICBA
For only the second time in IBA history, an Indiana banker is now chair of a national trade association. Lucas White officially took office as chair of the Independent Community Bankers of America at the end of their national conference in March. The fourth-generation banker is president of The Fountain Trust Company, Covington, and helped guide the IBA through the COVID pandemic when he served as our chair in 2020. Click through for an interview with Lucas about assuming the chairmanship of a national trade, the state of the banking industry, how the Allen Edmonds Experience started and more.
Fraud prevention
Bank reports of check fraud for both business and personal accounts have more than tripled in the past five years. What is your bank’s responsibility in protecting your customers from fraud? Jim Rechel, president of The Rechel Group and emcee of the IBA Security & Technology Conference for 20+ years, takes you inside a case that his firm tackled and the lessons that banks can learn from it.
National perspective
Our friends at the ICBA and ABA write about putting the person in personalized marketing, and the real losers in the Reg II fight.
Risk strategies
Regardless of which agency you are regulated by, your bank will likely face a heightened focus during your next exam regarding how you manage and mitigate risks. Click through for a roadmap to effectively prepare for your next exam based on the firsthand experiences of community banks in recent examinations, from business continuity to cyber expertise.
Integrated marketing campaigns
Community banks play a crucial role in supporting agribusiness, from food processing and equipment manufacturing to agricultural research and education, by providing tailored lending options. Click through for how an IBA Preferred Service Provider helped one of their IBA-member bank clients meet the unique needs of this specialized industry.
Digging deeper
Other articles from this issue include:
- how financial advisors should think about tech in 2024;
- it’s time to enhance your contingency funding plan;
- which bank is responsible for a counterfeit Cashier’s Check under Indiana law;
- legal risks with using AI for employment & recruiting purposes; and
- the IBA 2023 Member Benefits Report.
Columns
Prefer the flipbook? Read the entire May/June 2024 issue of Hoosier Banker magazine by clicking below!
