FALL COMMUNITY BANK SUMMITS - OCTOBER 14, 15, 16, 2014
CBI held it's bi-annual community banking summits in Carroll, West Des Moines and Algona. Community bankers from around the state met to network and learn about branch technology trends, and get an update on the Ag economy in Iowa and the Farm Bill funding and programs.
Speaker Sandy Dixon, President/CEO of Sandy Dixon & Associates opened each Summit by educating attendees on current technology trends. Major talking points included meeting the demands of the customer, how to grow organically, and managing costs. Studies show that customers still want to go to their bank branches for advice. Technology today creates the opportunity for banks to create a customer-centric branch focusing on service, referral, and education.
Ms. Dixon stressed that bankers have to understand the impact of shifts in the channels customers use to do their banking, and what it means for their banks. Multi/Omni-channel banking allows customers to start a banking process in one channel and finish it in another seamlessly. Use of today's available technologies streamlines processes which help in trimming costs, but it also gives the bank's staff more time to spend with customers.
Later at each meeting, Shane Ellis, Farm Management Specialist with the Iowa State University Extension Office detailed the 2015 Crop Marketing forecast. Next, he outlined the crop insurance programs outlined in the Farm Bill. The new 5-year farm program requires that farmers choose one of two options: Agricultural Risk or Price Loss coverage. Choosing an option is a 3-step process, beginning with: 1) reallocation/update of base acreages and yields; 2) election of the ARC or PLC program; and 3) annual enrollment. If a farm fails to elect an option, coverage defaults to the PLC program for 2015 through 2018. Ellis finished his presentation with examples of price comparisons, tools to assist farmers in reallocation, and sites to visit for more information.
A dinner reception followed the speaker presentations at each meeting. Attendance at each Summit location was up from last year, so community bankers had the opportunity to connect and exchange information and ideas with even more of their peers.
CBI would like to thank our sponsors for helping us to make the Fall Summits a success! Dates and locations for 2015 Spring Community Banking Summits are still to be determined.
7TH ANNUAL GOLF OPEN
CBI held its annual Golf Open on Monday, Sept. 8 at Legacy Golf Club in Norwalk. Over 60 community bankers from around Iowa gathered to enjoy cool weather for networking on the greens, after a grilled lunch courtesy of SHAZAM. The Golf Open, held every year in September, benefits CBI's PAC and the Leaders of Tomorrow (LOT) Scholarship funds.
Congratulations to the Top Winners in this year's tournament:
First Place: Jeff Goble, Kevin Swalley, Doug McDermott, Brian Sheldon
Second Place: Tom VandeKamp, Rod Rowland, Erik Skovgard, Chuck Cook
First Place: Jay Johnson, Rob Dixon, Clay Boatman, Mike Underwood
Second Place: David Vander Wilt, Marc Anderson, John Pratt, Andy Ewoldt
First Place: Mike Hollinger, Paul Waltz, Scott Dobesh, Terry Dooley
Second Place: Wayne Wickwire, Curtis Brown, John Stull, Tyler Kamish
Hole #3 Long Putt - Scott Dobesh; Hole #6 Long Drive - Robb Nielsen; Hole #7 Closest to Pin - Kevin Swalley
Hole #17 Closest to Pin - Terry Nielsen; Hole #13 Long Putt - Curtis Brown
The CBI PAC is the non-partisan political action committee of the Community Bankers of Iowa, the voice in Iowa for community banks. CBI’s political efforts concentrate on defending the views to Iowa’s community banks and their local economies.
3rd Community Bankers State Fair Conference
Providing Blue Ribbon worthy Advocacy, Services and Education to Iowa’s community bankers.
Community Bankers of Iowa's 3rd State Fair Conference was held August 12, 2014 in the Prairie Meadows Conference Center in Altoona, Iowa. The State Fair Conference provides a forum for Iowa’s independent, community bankers to discuss with legislators how policy changes and regulations are impacting their businesses.
With the inclusion of candidates as well as the incumbents this year, all four federal congressional districts were represented. The event keynote address was delivered by Governor Branstad and Lieutenant Governor Reynolds, who outlined their efforts so far in promoting rural, small business and economic development in Iowa.
Bankers also discussed issues with members of Iowa's state general assembly leadership and a panel each of Democrat and Republican candidates and incumbents at the federal level, where they were able to ask Iowa's leaders about their views on pending legislation, regulations, and ongoing issues. Rural economic development, tax laws, and small business growth were stressed as their top priorities in the coming year.
Among the topics discussed were: the prospects in 2015 for enhancing the deployment of broadband services in rural Iowa; how the competition from Farm Credit systems and credit unions can be addressed; rural infrastructure; too-big-to-fail legislation; regulatory compliance burden; economic development; and bipartisan cooperation.
The Iowa leadership panel included Iowa Senate Republican Whip Jack Whitver (R-District 19), Speaker of the Iowa House Kraig Paulsen (R-District 35), Iowa Senate Majority Leader Michael Gronstal (D-District 8) and Iowa House Ranking Member on Commerce Committee Chris Hall (D-District 13). The federal congressional Democrat panel included Congressman David Loebsack (District 2), and candidates Pat Murphy (running for District 1), Staci Appel (running for District 3) and Jim Mowrer (running for District 4). Sitting on the federal Republican panel were Congressman Steve King (District 4) and candidates Rod Blum (running for District 1), Mariannette Miller-Meeks (running for District 2) and David Young (running for District 3).
Closing out the event, breakout speakers educated Conference attendees on mortgage compliance rules, maximizing non-interest revenue, risk management, and recent legislative developments in Washington.
Thank you to Conference sponsors ICBA Securities, SHAZAM, ICBA and Federal Home Loan Bank of Des Moines!
Robert D. Dixon Founder's Award
The Robert D. Dixon Founders' Award recognizes an Iowa community banker for their dedication and devotion to the independent, community banking industry. Please take a moment to nominate a fellow community banker who is devoted to the industry.
The selection will be made by a committee comprised of two President’s Council Members, two existing CBI Directors and the Executive Committee. The selection committee will review the following factors to determine the recipient of the 2014 Robert D. Dixon Founders' Award:
- Dedication to community banking;
- Support of their local community;
- Involvement in the Community Bankers of Iowa and ICBA;
- And support of the community banking industry.
2014 Robert D. Dixon Founders' Award Recipient
Steven R. Lane - Security Savings Bank, Gowrie, Iowa
Community Banking Month 2014 Best-of-the-Best Contest
April was Community Banking Month. This was your bank's time in the spotlight! How did you celebrate Community Banking Month and spread the message “We Make A Difference On Main Street?”
2014 Best-of-the-Best Contest Winner:
Shelby County State Bank, Harlan, Iowa
Shelby County State Bank received the Community Banking Month Traveling Trophy and a pizza party for their staff hosted by CBI, and will be featured in an issue of CBI’s weekly e-newsletter CommonCENTS, and an article in the August edition of the Community Banker Update.
Can Your Bank Capture the CBI Community Banking Month Traveling Trophy Next Year?