march 15, 2012

Volume 68, Number 3 • THE NEWSPAPER OF THE MISSOURI BANKERS ASSOCIATION • Thursday, March 15, 2012

The Missouri Banker

Visit our web site at http://www.mobankers.com

How would you like to win $100 just for taking a picture? The photo submitted for the MBA’s “Scenes of Missouri” 2013 calendar photo contest that is chosen as “best in show” will win $100 for the photographer! We are still accepting photo submissions for the 2013 calendar – but only from MBA member bank employees, directors, and their family members. So send us your Missouri photos – we’re looking for colorful, unique photos of Missouri landmarks, city scenes, fall colors, the changing seasons, and more! The pictures don’t need to be recent – so look through your photo albums or digital

archives! To be considered for inclusion in the 2013 calendar, photos must be submitted to the MBA by May 1, 2012.

For information on entering the photo contest, visit the MBA web site at www.mobankers.com and click on the Scenes of Missouri Calendar dropdown box under Products and Services on the home page.

If you have any questions, call Carol Barnett at the Missouri Bankers Association at 573-636-8151 or email [email protected].

Send in your photos!

Annual Convention returns to Lake of the Ozarks MBA’s Annual Convention is returning to the Lake of the Ozarks for 2012 and will be held at the Lodge of the Four Seasons. The Convention is scheduled for June 6 to 9. “We are excited to return to Central Missouri and the Lake of the Ozarks,” said MBA President and CEO Max Cook.

A highlight of the Convention will be the closing keynote address by Salvatore Giunta, the fi rst living Medal of Honor recipient since the

Vietnam War. The topic of his keynote is “Uncommon Valor: The Importance of

Teamwork, Sacrifi ce and Leadership.” ABA Chairman Albert C.

(Kel) Kelly, Jr. and Missouri Commissioner of Finance Rich Weaver will also speak.

Salvatore Giunta

Members of the MBA Legislative Affairs Committee met March 6 and combined the meeting with TARGET Banker visits. Taking part in the meeting and visit to the Capitol are, front row from left: Virgil Welker, Bryan Steinman, Dwayne Falk, Committee Chairman Rob Barrett, Past MBA Chairman Susan Barrett, Brad Purcell, Luanne Cundiff, Rick Hollenberg, Mark Heins, Gary Romine, John Crawford. Back row from left: Scott Harris, Rick Adams, Rodney Shepard, Joe Stewart III, Eric McClure, Joe Henderson, John Klebba, Steve Middelkamp and Chan Crooker.

The Missouri Banker March 15, 2012

Address changes Changes in addresses for The Missouri Banker can be mailed to the MBA at P.O. Box 57, Jefferson City, MO 65102, Attn: Database Manager or e-mailed to [email protected]

The Missouri Banker573-636-8151

Max CookPublisher

[email protected]

William O. RatliffManaging Editor

[email protected]

Sue NorfleetEditor

[email protected]

The Missouri Banker (USPS Number 000044, ISSN Number 0893-5637) is published 18 times a year (1 issue in January, March, June, July, November and December; 2 issues in February, April, May, August, September and October) by the Missouri Bankers Association, 207 E. Capitol Ave., Jefferson City, MO 65101. Second-class postage is paid at Jefferson City, Mo. Copyright© 1998 by the Missouri Bankers Association. All rights reserved. POSTMASTER: Send address changes to The Missouri Banker, P.O. Box 57, Jefferson City, MO 65102. Opinions expressed in any signed article in The Missouri Banker are those of the author and should not be construed as the viewpoint of the editors or of the Missouri Bankers Association. Neither should information provided in The Missouri Banker be construed as legal advice. The Missouri Banker does not provide legal advice, nor does it take the place of legal counsel hired by fi nancial institutions. While this publication makes a reasonable effort to establish the integrity of advertisers, it does not endorse advertised products or services, unless otherwise so stated. This issue may contain legislative advertising. Advertising copy is generally segregated from news and other information.

Message from the President

Max CookPresidentMissouri Bankers [email protected]

The MBA has joined with bankers associations across the country to create the Regulatory Feedback Initiative (RFI). This initiative will bring transparency and accountability to the regulatory process and will help every bank in the country prepare for their examinations and manage their regulatory risk. The initiative consists of a brief, anonymous online survey that we are asking every bank to take immediately following each safety and soundness examination and each compliance examination. We need every bank to build the survey into their examination process. For more information, visit the Alliance of Bankers Associations web site at www.allbankers.org. To receive a link to the survey contact Mike Noblett at the MBA via email at [email protected].

MBA is a part of Regulatory Feedback Initiative (RFI)

Since the Missouri Bankers Foundation (MBF) announced its partnership with EverFi, Inc., a leading fi nancial education technology company,

EverFi + Missouri Bankers = Financial Education

Missouri banks have registered to sponsor 25 high schools in the state. Bank of Old Monroe, Bank of Thayer, Country Club Bank, Enterprise Bank, The Hamilton Bank, Heritage State Bank in Nevada and Lamar, Old Missouri Bank and West Plains Bank and Trust Company are providing access to the web-based fi nancial literacy tool. It’s the goal of the MBF and EverFi to bring this interactive, web-based personal fi nance program to students in schools throughout Missouri. EverFi’s fi nancial literacy platform uses the latest in new media technologies, including adaptive-pathing, 3D gaming, social networking, online animations, video, and messaging tools to present complex learning modules. After successfully completing each module, students are certifi ed in core fi nancial topics, including banking, taxes, mortgages, fi nancing higher education, stocks, 401(k) plans,

budgeting and saving, credit scores, insurance, and credit cards. The system tracks student progress and reports the score of each user. Upon completion of the course, students are provided with a Certifi cation in Financial Literacy. EverFi fully manages every aspect of the program within the bank-sponsored schools including technology and teacher support. MBA members can sponsor local schools and private-label the program at a 20 percent discount. EverFi will work directly with banks to launch the program and create a media campaign involving local leaders and policymakers. Banks can also take part in recognition events, such as Certifi cation Ceremonies at local schools. EverFi allows banks to create CRA programs that quickly scale to thousands of young adults in their footprint, and equips schools with a tool that covers hundreds of personal fi nance concepts that map to national and state

fi nancial literacy standards. The program also assists certifi ed students in establishing the right fi nancial infrastructure for their post-graduation lives and allows banks to begin to establish a relationship with the students who will become potential customers.

The fi nancial literacy coordinator for a school that Heritage State Bank sponsors in the program reports how her students are benefi tting from the program.

One of the students said the EverFi curriculum helped her in a Future Business Leaders of America competitive exam in personal fi nance. Other students have said the unit on Financing Higher

Education was especially helpful as they prepare for college. The school’s Financial Literacy team placed fi rst in district competition, scoring the maximum points possible. She said that in her six years of serving as a DECA advisor, it was her fi rst time to have a team score 100 percent. Banks that are interested in sponsoring a school to participate in the program or learning more may contact Cody Lycke, EverFi director of midwest operations at 319-290-9804 or cody@everfi .com, or you may contact Rachael Preston, MBA director of marketing and membership development at 573-636-8151 or [email protected].

Fifteen of 19 major U.S. banks passed their annual stress tests, the Federal Reserve said late yesterday, announcing the test results two days ahead of schedule. The tests showed the 15 banks that passed would have enough capital even if they faced a fi nancial crisis in which unemployment hit 13 percent, stocks fell 50 percent and housing prices dropped 21 percent. They also documented that the capital positions of U.S. banks have improved sub-stantially in the last three years, Fed offi cials said. ABA President and CEO Frank Keating emphasized that the banking industry has worked hard to fortify its fi nancial base since the fi nancial crisis. “The industry is now very well prepared for any challenging economic circumstances that could arise,” he said.

Most large banks pass stress tests


Lobbyist’s Notebook

Bill RatliffExecutive Vice President

Missouri Bankers [email protected]

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A biannual tradition has returned to the State Capi-tol…what I call the “wailing wall”. This is the posting of candidate fi lings outside the Secretary of State’s offi ce on the second fl oor of the Capitol. Legislators can be seen checking these lists, sometimes several times a day, to see if they have drawn opposition for their upcom-ing races.

Happy faces are found on those candidates, who so far at least, have drawn no op-ponents. Less happy or those who have an opponent from the opposite party, thus guar-anteeing a General Election fi ght. Most unhappy are those who garner an opponent (or opponents) from their own party, and a rival party mean-

ing they have both a Primary and a General Election fi ght. Hence the term “wailing wall.” An unusual year… This time around things are really complicated. Term limits are forcing a number of candidates into races to keep their political careers alive. For example, there is a mess of term-limited House members all vying for Senate seats. (Mess is the operative term here.) Reapportionment of the districts is making it messier. Some candidates are not really sure if the districts they are in now will be the same two months from now. They’ve already seen boundaries change a couple of times. Uncertainty is a common complaint and frus-tration.

Tactics… Traditional tactics for this time of year continue as usual. Some candidates fi le as early as possible, hoping to scare off potential rivals. This often worked in the past, but with term limits, it is not as effective, since many potential rivals may not have any other political option than to fi le. Other candidates wait un-til the last second to fi le. The approach here is to hopefully lure their opponents into a false sense of security and then hit them with a chal-lenger at the last second. Lots of candidates… Regardless of the tac-tics and strategies, the roll of candidates continues to grow. The Lieutenant Governor’s race, for instance already has TEN candidates

fi ling to unseat Peter Kinder (who is one of the fi led can-didates). One Senate district we know of has four candi-dates already fi led and there may be more. This multitude of Primary candidates can mean that a small number of commit-ted voters might swing an election. For instance, if there are fi ve candidates in a Primary election fi ght, all things being fairly equal, a winning candidate may only have to get 21 percent of the vote. Given the low turnouts at many Primary elections, a very small number of voters could decide the candidate. It’s going to be an unusual year, and before the dust fi nally settles on the elec-tions, it may be the voters who wind up doing most of the wailing.

The ritual of the “wailing wall” returns

Nominations being accepted for Young Bankers Leadership Award The MBA is accepting nominations for the 2012 Young Bankers Leadership Award. Members are encouraged to nominate young bankers who have shown exceptional dedication to their organization and to the greater banking community. The recipient will receive a $250 cash award, plaque, and recognition at the Young Bankers Leadership Conference. The nomination form is posted on the MBA web site at www.mobankers.com. Click on “Young Bankers” under “Member Resources.” Nomination deadline is June 1.

2012

May 8-10Lincoln, Nebraska co , eebbb as aa

August 6-8

August 28 St. Charles, Missouri

West Des Moines, Iowa

Plan to attend the

Member FDIC Member Federal Reserve System

Four ways to registerPhone 573-556-1324 Fax 573-635-1152Mail Mail registration form & check to:

(make payment to MIB, Inc.) Donna Harden Midwest Independent Bancshares, Inc. P.O. Box 104180 Jefferson City, MO 65110Web www.mibanc.com or

www.nebraskabankersbank.com and click on upcoming events.


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By Denny DeischerMBA Vice PresidentEducational Services “Yeh, but it isn’t used.” “The borrower said it’s going to be torn down soon.” “Wait, the appraiser said it has no value.” “The building wasn’t a part of the purpose of the loan; we only took it as security as an ‘abundance of cau-tion’.” “It’s a parking ramp!” These are but a few of the many, many comments directed at fi nding an excuse for not requiring fl ood insurance when a property securing a loan is, or will be located in a Special Flood Hazard Area (SFHA). Let’s look at the requirements of the Flood Disaster Protection Act and National Flood Insurance Program, fi ltering in the guidance FEMA has provided the industry with its book-lets — Mandatory Purchase of Flood Insurance, and the Flood Insurance Manual. This discussion is limited to the requirements regarding fl ood coverage fl ood requirements.

When a loan is made, increased, renewed, or extended (regardless of the purpose), that is secured by improved real property/estate, that is or will be located in a SFHA in a “participating community,” a credi-tor must comply with the governing fl ood provisions. The only loan exempt from fl ood guidelines/requirements is a loan with an origination amount of $5,000 or less that has a repayment period of one year or less. All other loans secured by improved real estate are covered … “you gotta do fl ood.’” The defi nition of “improved real property/estate” for determin-ing coverage and fl ood compliance must be understood. Improved real property is any walled and roofed structure having at least two (2) rigid weight-bearing exterior walls with a fully secured/attached roof that is principally (at least 51 percent of actual cash value) above ground on a permanent foundation. Included are mobile homes, travel trailers, and any building under construction, under repair, and under alteration. Also, for

you agriculture creditors, pole barns, grain bins, and well sheds can be covered. So, when the customer asks for a loan to be secured by improved real estate/property (whether by the cus-tomer’s choice or the lender’s), think fl ood requirements. Once the lender realizes when a loan request is involving fl ood requirements, the processes to be fol-lowed to ensure compliance must be implemented in a timely manner to avoid noncompliance. It’s important to know that noncompliance with the fl ood requirements continues to be one of the most common problems cited in compliance examinations by the FRB, FDIC and OCC. Taking a security interest in a building that isn’t being used, that will be torn down in the near future, that isn’t given an appraised value, and/or that is only providing an abundance of security, regardless of its original purpose/use, doesn’t exempt the transaction from coverage of fl ood requirements. That being the case, close atten-

tion needs to be given to ensuring proper notices are given, insurance is obtained prior to closing, and the amount is suffi cient under the coverage guidelines without causing the borrower to purchase too much insurance. And, don’t force-place insurance too soon or too late when required.

Because of the continuing empha-sis placed on fl ood insurance require-ments by the regulators, and because of the regulatory risk that continues to be evidenced by the numerous civil money penalties being imposed on lenders, Missouri Bankers As-sociation has scheduled a seminar on Flood Insurance: Review and Update to be held at the MBA offi ce in Jefferson City on April 10.

Join me for the half-day discussion of the requirements and the latest clarifi cations relative to compliance with the Flood Disaster Protec-tion Act, National Flood Insurance Program guidelines, and revised and updated Questions and Answers pro-vided by FEMA and the regulators.

If it’s improved real property, and it’s securing the loan … you “gotta” do flood!!!


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Western Region

Sally J. Hazen

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Vice President 800-590-7305

Denise Wiest

Vice President 916-321-3198 Scott Strebe


Central Region

Peter Caligiuri

Vice President 312-601-3957 Robert Wettergren

Vice President 214-468-7851 Robert Markey


Eastern Region

Marla Feldman

Vice President 914-273-0351 Philip Toscano


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By Mike NoblettMBA Compliance Manager The prompt crediting of payments requirement under Sections 1026.10 (open-end credit) and 1026.36(c) (closed-end credit secured by a consumer’s principal

dwelling) of Reg. Z requires fi nancial institutions to credit payments as of the date of receipt and states that banks may send borrowers a conforming payment notice setting out the bank’s minimum requirements

for making payments. In addition, if the bank intends to establish a cut-off time for receipt of payments earlier than the close of business, the bank must include their cut-off time in their conforming payment notice. While these requirements may not seem too onerous, banks are still being cited for violations with regard to the receipt of loan payments on consumer credit transactions secured by a consumer’s principal dwelling. There are two areas where banks are being cited. First, banks are being cited for failure to notify their customers of their cut-off time for receipt of payments. The commentary to Section 1026.36(c) states that in the absence of specifi ed requirements for making payments, payments may be made at any location and at any time during normal business hours. Therefore, banks that have established a cut-off earlier than their close of business must be sure to include their cut-off time in their conforming payment notice. This notice requirement is being satisfi ed by most banks by including it in loan closing packets. The second area of concern also has to do with the bank’s cut-off time for receipt of payments, but it’s due partially to the way the requirement is being enforced by examiners. The commentary states that the requirements for making conforming payments should be reasonable. Therefore, it’s logical to conclude that the bank’s cut-off time for receipt of payments must also be reasonable. But the problem many banks are encountering is the defi nition of reasonable. This is a dangerous standard due to the fact that it’s subjective

and leads to examiner discretion. The FDIC stated in an e-mail to the MBA in October, 2011, “Since “reasonable” is not defi ned within the regulation or commentary, it can only be applied on a case-by-case basis. Banks may establish cut-off times earlier than 5 p. m.; however, examiners will need to understand why a given cut-off time was established. This information will be used in any determination of whether a cut-off time that is earlier than the institution’s closing time is reasonable and whether it allows most consumers to make conforming payments.” Recently, FDIC bank examiners have been telling banks that they will only be able to establish a cut-off time one-hour prior to close of business unless they can justify an earlier time based on some meaningful analysis to demonstrate reasonableness. However, I spoke to the FDIC’s Kansas City Regional Offi ce and they indicated that examiners should not be advising banks that they only have one-hour leeway on their cut-off time. Examples of justifying a particular cut-off time have mostly dealt with courier considerations due to the time it takes to get that day’s business back to your main banking center for processing. The FDIC representative I spoke with stated that no cut-off time is too early; provided the bank can demonstrate it’s reasonable based on their operations and type of processing. While it’s still uncertain what must go into this “meaningful analysis,” it’s clear that banks will have a hard time justifying their

cut-off time if examiners discover that the bank can’t explain their rationale for establishing it. Saying, “It’s what we’ve always done,” won’t satisfy examiners. So, there’s basically a 2-Prong Test with regard to establishing a cut-off time for receipt of payments earlier than your close of business. First, the bank must demonstrate that the cut-off time is reasonable (the bank is able to establish different cut-off times for different branches), and second, the bank must be sure to include its cut-off time(s) in their conforming payment notice. Other recent issues related to the prompt crediting of payments requirement include the receipt of payments through the drive-thru after the bank’s lobby has closed, and how to treat receipt of payments on Saturdays. Let’s take the Saturday issue fi rst. If a bank doesn’t want to credit payments received on Saturday until the next business day, examiners will expect to see that the bank has done a meaningful analysis to determine that it’s reasonable based on the bank’s operations. Just stating that Saturdays are not a business day in your conforming payment notice will not be enough to satisfy examiners. Regarding receipt of payments at the bank’s drive-thru after the lobby has closed for the day; examiners have stated that the bank can treat the bank as being closed for business and credit all payments as being received on next day’s business. Please contact Mike Noblett at 573-636-2141 or by e-mail at [email protected] if you have questions or concerns about this issue.

Reg Z prompt crediting of payments requirement still causing confusion


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About the 50 Year ClubThe 50 Year Club honors those

bankers who have given 50 years of service to the banking industry.

The Missouri Bankers Foundation is proud to continue the tradition of recognizing these important individuals. All eligible nominees will be honored and inducted into the Club at a luncheon at the MBA Annual Convention at The Lodge of the Four Seasons in Lake Ozark on Thursday, June 7, 2012. Honorees will be presented with a plaque and pin commemorating the milestone. A picture and brief biographical sketch of each award recipient will be published in the convention program. News releases will also be distributed. Make your nomination now, and please help us spread the word to other bankers. We would like to identify all individuals who have achieved this important milestone.

Who is Eligible?Any Missouri banker who will have attained at least 50 years or more of credited service ANYTIME DURING THIS CURRENT YEAR is eligible. This person may have been a director, officer or employee of a Missouri bank, bank holding company or bank holding company subsidiary whose principal purpose is to supply bank-related services. Eligibility is subject to the following conditions: (A) U.S. military service counts in the 50-Year span if nominee

was in banking prior to and subsequent to the time spent in military service.

(B) Years of banking service rendered in other states may be credited.

(C) Bank membership in the Missouri Bankers Association must be current.

(D) The 50-Year Club Award may be presented posthumously if the candidate had qualified for the award prior to death.

Note: The nominator will receive confirmation within 2 weeks of submission. Please contact Rachael Preston if confirmation is not received to ensure your nomination

was successfully submitted.

Nominations must be received No Later Than

TUESDAY, MAY 1, 2012

Please print or type:

Name of Nominee

Year Started in Banking

Current Title

Bank Name

Bank Address

Bank City/Zip

Preferred Mailing Address of Nominee:Address

City/State/Zip

Phone

Nomination submitted by:Name Title Bank

Key person at the bank to contact for this event: Name: Title: Phone FAX

ATTACH TO THIS FORM… VERY IMPORTANT!

A personal biography of approximately 150 words.

A photo of the nominee. Please send digitally if possible. Digital photos may be e-mailed to [email protected]

Names and addresses of newspapers you would like to receive a press release, plus one photo (optional) for each publication.

Answers to the following questions: 1. The nominee attributes their longevity in the field of banking to.... 2. The nominee’s favorite part of working for the banking industry for

50 years has been... 3. If the nominee could change one thing about banking, it would

be... 4. The nominee’s philosophy about banking in general is... 5. The nominee’s funniest or most heartwarming story about a bank

customer is... 6. The nominee’s advice to a young professional just entering the

banking business is...

Missouri Bankers Foundation

50 Year Club

Please return this form, pictures and attachments to:Rachael Preston

Missouri Bankers Association PO Box 57

Jefferson City, MO 65102 By Email: [email protected]

Questions? Call Rachael at 573 636-8151

Did you know…… Hand washing is considered the most important preventive measure against the spread of potentially deadly infections?And one of the most important places to be

vigilant about hand washing is in a hospital or a doctor’s offi ce. If you or a loved one will be making a trip to one of those places, prepare yourself to ask this question of doctors, nurses, and any other

care givers: “Did you wash your hands?” It may seem a little awkward at fi rst, but more and more hospitals are taking measures to remind their medical staff about the

very same issue. Worried you won’t be able to say it or maybe you just need a little reminder in case you forget? That’s where Welvie comes in. MBA VEBA health plan offers all of its

members free access to the Welvie program, an online surgery decision support program to help you navigate the surgical journey. Welvie gives you guidance to help make sure your hospital stay is a safer one – including tips on how to avoid complications and infections. You can even download signs that you or a family member can print and take to the hospital. You can choose from four different messages (depending on your preference) that remind your caregivers about this serious issue – wash before you touch. The Welvie program is free to all plan members. Plus, any plan members who complete the fi rst three steps of the program (which includes a brief survey) receive a $25 reward. Rewards are available each year per plan member. MBA VEBA plan members can access the program anytime by visiting www. welvie.com.

Hand washing important to preventing spread of infection

Young Bankerevents planned MBA is planning two events this spring for Young Bankers. Young Bankers Day at the Capitol will be held on Tuesday, April 3, and Young Bankers Day at the St. Louis Fed will be held on Tuesday, May 1. The Day at the Capitol includes a TARGET Banker briefi ng on legislative issues before participating Young Bankers visit their state representatives and senators. The registration includes lunch. For more information, visit the MBA web site at www.mobankers.com. On May 1, MBA Young Bankers will be guests at the St. Louis Fed where the speakers include President and CEO Jim Bullard. For more information, contact Rachael Preston at [email protected].


Achievements

Missouri State Senator Kevin Engler says he entered politics when he saw a need in his community and decided to work to make a change. His fi rst foray into local politics was working on a campaign in Farmington to build a civic center when he served as president of the local Chamber of Commerce. Voters approved the civic center. After that, he was elected to the Farmington City Council and to the Offi ce of Mayor for six years. “I oversaw a lot of growth,” he says proudly. Engler is chairman of the Senate Financial and Government Organizations and Elections Committee, which at the MBA is generally referred to as the Banking Committee. He comes to the committee and its leadership with an understanding of fi nancial issues, having earned degrees in fi nance/general business and marketing at Southwest Missouri State University in 1981. He is a registered representative for Edward Jones. In 2002 the state representative for Engler’s district resigned fi ve weeks before the election. Engler’s employer gave him the go-ahead to run for the offi ce, and he fi led as a Republican.

He says he won the House seat with the vote of the people, not his local GOP Central Committee. After winning the House seat, Engler says, “I set my sight on the Senate.” He ran for and won his District 3 Senate seat in 2004 and was re-elected to the Senate in 2008. The Republican says he has won election and re-election in a heavy Democrat district by working hard. “I won by one percent in a district where 30 percent of the voters cast a straight Democrat ballot,” he says. Engler is term limited in the Senate, but has six years of eligibility remaining in the Missouri House. He has announced his intention to reclaim a seat in the House. “It will be a fi ght,” he says, “but it’ll be fun.” The political life is diffi cult for family members, Engler says, “because we’re under scrutiny all the time.” He explains it’s hard to take his wife out to dinner, because someone will always have an issue they want to discuss. His early interest in running for the Senate stemmed from feeling it would allow him to be more effective for his area. From 2009 to 2010, Engler served the Senate as Majority Floor Leader. He

says he was criticized for being a consensus builder. “You have to get everyone to agree to get something done.” Engler says the Senate is not as deliberative as it has been in the past and he feels it has lost much of its civility and camaraderie. Along with the frustrations of public service, there are satisfactions such as being able to help a constituent solve a problem or the legislation he sponsored for fl ying fl ags in Missouri at half-mast for

fallen soldiers, he says. In considering votes, Engler says his fi rst considerations are how it affects his Senate District and the state as a whole. Engler grew up in Festus where he played football, basketball and baseball in high school. He attended Southwest Missouri State University on a baseball scholarship as a pitcher. One of the important lessons he learned in athletics was to be prepared. As a pitcher, he practiced every day “because

you have to be prepared to do what it takes to perform.” Another lesson he says he learned from Edward Jones is: People don’t plan to fail. They fail to plan. Engler and his wife, Chris, have four grown children, one grandchild and another one on the way. When he’s home in Farmington, Engler enjoys playing basketball three mornings a week; and since he lives on a golf course, it’s easy to enjoy a round. “I don’t keep score,” he says. “I do it to relax.”

Senate banking chair plans to run for House seat

James Gosche was promoted to senior vice president at Alliance Bank, Cape Girardeau. He oversees the Oran branch operations as well as serving as the lending offi cer. He joined the bank in 2004.

James Gosche

Clayton M. Evans has joined Reliance Bank, St. Louis, as vice president - community relations. Prior to joining Reliance, he served as re-gional business development manager for Freddie Mac.

Clayton M. Evans

Jenna Korsmeyer was pro-moted to assistant vice president at Midwest Independent Bancshares, Inc., Jefferson City. She has been with the bank since May of 2007, and was named Em-ployee of the Fourth Quarter

Jenna Korsmeyer

of 2011. Jason Henderson was pro-moted to as-sistant vice president at Midwest Independent Bancshares, Inc. He joined the bank in June 2002, and completed his Certifi ed Community

Jason Henderson

Bank Compliance Offi cer Program in 2008. David McBeath was named execu-tive vice president and chief fi nan-cial offi cer at Old Missouri Bank, Springfi eld. He has 30 years of banking experience.

David McBeath

Missouri Sen. Kevin Engler in his office at the Missouri Capitol.


Call MBA Insurance Group at 800-234-4939Karen Davis [email protected] Kennedy ........... [email protected] Gasho ............... [email protected] Hansen [email protected] Bauer ................ [email protected] Lindenbusch [email protected] Brouse .......... [email protected] Green [email protected]

223 East Capitol AvenuePO Box 1343

Jefferson City, MO 65102Phone: 800-234-4939 FAX: 573-636-5490

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AgendaMarch 201217-22 MBA School of Lending, Stoney Creek Inn, Columbia20-22 MBA Graduate School of Lending, Stoney Creek Inn,

Columbia22 Compliance Hot Topics Seminar, ColumbiaApril 20123 Young Banker Day at the Capitol, Jefferson City10 Flood Insurance Seminar, MBA Offi ce, Jefferson City12 MBA Board of Directors meeting, MBA Offi ce, Jefferson

City18 - 20 Women Bankers Conference, Tan-Tar-A Resort, Osage

Beach24 IRA Basic Seminar, Cape Girardeau25 IRA Basic Seminar, Columbia26 IRA Basic Seminar, Springfi eld26 AIB Principles of Banking, Day One of two-day class,

MBA Offi ce, Jefferson City,27 IRA Basic Seminar, Kansas CityMay 20122-3 MOKAN Trust Conference, Overland Park, Kansas3 AIB Principles of Banking Day Two of two day class,

MBA Offi ce, Jefferson City15 Titling Accounts Seminar, Stoney Creek Inn, Columbia16-17 Operations Compliance Workshop, Stoney Creek Inn,

Columbia22 Young Banker Leadership Division Board Meeting,

MBA Offi ces, Jefferson CityJune 20125 MBA Board of Directors meeting, Lodge of the Four

Seasons, Lake Ozark6 -8 Annual Convention, Lodge of the Four Seasons, Lake

OzarkAugust 201214 Young Banker Day at the Kansas City FedSeptember 20126 MBA Board of Directors meeting, MBA Offi ce, Jefferson

CityOctober 20124-5 Young Bankers Leadership Conference, Tan-Tar-A

Resort, Osage BeachDecember 20125 MBA Board of Directors meeting, InterContintental

Hotel, Kansas City

How to Register It’s easy to register for any MBA education event on the MBA web site at www.mobankers.com or by calling the MBA offi ce at 573-636-8151. When meeting details are fi nalized, the meeting brochure is posted on the web site on the Education Page and in the Coming Up Calen-dar on the Home Page.

It’s Your Move.

Financial Institution Bond Directors & Officers Liability

Employment Practices Property and Casualty Workers’ Compensation

& Officers Liability

ent Practices

and Casualty

Compensation

Jason Bauer MBA Insurance Group

800-234-4939 [email protected]

We know banking. We’re in business to help your business succeed. You can buy your business insurance anywhere but why not work with an industry specialist?

MBA subsidiaries support the MBA. Make your money work harder for you. MBA Insurance Group offers excellent coverage at a competitive price AND helps to keep your dues low. MBA PLEDGE We’re committed to your success. No games, no doubletalk. You’ve been counting on us for more than 120 years. Call us …it’s your move.

It’s Your Move.


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The Justice Department, the Department of Housing and Urban Development (HUD) and 49 state attorneys general, including Missouri Atty. Gen. Chris Koster, announced on March 12 the fi ling of their landmark $25 billion agreement with the nation’s fi ve largest mortgage servicers (Bank of America Corpora-tion, J.P. Morgan Chase & Co., Wells Fargo & Company, Citigroup Inc. and Ally Financial Inc.) to address mortgage loan servicing and foreclo-sure abuses. The Missouri settlement docu-ments were executed by the Attorney General’s Chief Consumer Counsel, Douglas Omman, and by Missouri Commissioner of Finance Richard Weaver. The joint agreement is the larg-est federal-state civil settlement ever obtained and is the result of extensive investigations by federal agencies, including the Department of Jus-tice, HUD and the HUD Offi ce of the Inspector General (HUD-OIG), and state attorneys general and state

banking regulators across the coun-try. The consent judgments provide the details of the servicers’ fi nancial ob-ligations under the agreement, which include payments to foreclosed bor-rowers and more than $20 billion in consumer relief; new standards the servicers will be required to imple-ment regarding mortgage loan servic-ing and foreclosure practices; and the oversight and enforcement authorities of the independent settlement moni-tor, Joseph A. Smith Jr. The consent judgments require the servicers to collectively dedicate $20 billion toward various forms of fi nancial relief to homeowners, including: reducing the principal on loans for borrowers who are delin-quent or at imminent risk of default and owe more on their mortgages than their homes are worth; refi nanc-ing loans for borrowers who are current on their mortgages but who owe more on their mortgage than their homes are worth; forbearance of principal for unemployed borrowers;

anti-blight provisions; short sales; transitional assistance; and benefi ts for service members. In addition to the $20 billion in fi nancial relief for borrowers, the consent judgments require the ser-vicers to pay $5 billion in cash to the federal and state governments. Mis-souri’s portion is about $198 million, including $5 million to the Attorney General’s Merchandising Practices Revolving Fund. Approximately $1.5 billion of this payment will be used to establish a Borrower Payment Fund to provide cash payments to borrowers whose homes were sold or taken in fore-closure between Jan. 1, 2008, and Dec. 31, 2011, and who meet other criteria. The court documents also provide detailed new servicing standards that the mortgage servicers will be re-quired to implement. These standards will prevent foreclosure abuses such as robo-signing, improper documen-tation and lost paperwork, and create

new consumer protections. The consent judgments provide enhanced protections for service members that go beyond those re-quired by the Servicemembers Civil Relief Act (SCRA). The servicers also agreed to conduct a full review, overseen by the Justice Department’s Civil Rights Division, to determine whether any service members were foreclosed or improperly charged in-terest in excess of 6 percent on their mortgage in violation of SCRA. The oversight and enforcement authorities of the settlement’s inde-pendent monitor are detailed in the court documents. If a servicer violates the require-ments of the consent judgment it will be su bject to penalties of up to $1 million per violation or up to $5 mil-lion for certain repeat violations. For more information about the mortgage servicing settlement, go to www.NationalMortgageSettlement.com. The Missouri Attorney General website is http://ago.mo.gov

$25 billion mortgage servicing agreement filed in federal court


Since 1993, Strunk & Associates has helped

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the Banking and

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Associate Member Profiles

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Larry N Laminger Consulting LLC

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coorespondent lending

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the depth and breadth

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ATM Equipment/ServiceAppraisal Logistic Solutions, Inc.

Annapolis, MD ........... 443-949-7862Bankers Security Safe and Vault

Raytown ..................... 877-358-0883Data Center Unc, (DCI)

Hutchinson, KS .......... 620-694-6800Federal Protection, Inc.

Springfield ................. 800-299-5400Oppliger Banking Systems

Olathe, KS .................. 800-487-7875Shazam Network

Johnston, IA ............... 800-537-5427Integrated Coating Systems

Wichita, KS ................ 240-751-0800

Accounting/AuditingBKD, LLP

Springfield ................. 417-865-8701St. Louis ..................... 314-231-5544

Brown Smith Wallace LLCSt. Louis ..................... 314-983-1294

Bush, Ramlow & Shore, P.C.Springfield ................. 417-877-0505

CBIZ & Mayer Hoffman McCann P.C.

Leawood, KS ............. 913-234-1000Cummings, Ristau & Associates, PC

St. Louis ..................... 314-845-6050Kerber, Eck & Braeckel, LLP

Cape Girardeau ......... 573-334-0568KPM CPAs

Springfield ................. 417-882-4300KPMG LLP

Kansas City ................ 816-802-5200Larson Allen LLP

St. Louis ..................... 314-925-4300McGladrey, Inc.

Kansas City ................ 816-753-3000St. Louis ..................... 314-241-4100

MIB Banc Services, LLCJefferson City ............. 573-636-9555

Norman Backues & AssociatesBelleville, IL ................ 800-962-2462

Rolf, Perrin & Associates, P.C.Fairway, KS ................ 913-671-8600

Sims & Riley LLCOverland Park, KS ..... 913-649-8100

The Whitlock Company, LLPSpringfield ................. 417-881-0145

Williams-Keepers LLCColumbia ................... 573-442-6171

AppraisalsAppraisal Logistic Solutions, Inc.

Annapolis, MD ........... 443-949-7862

Architects/Builders/DesignersCopeland Development andConstruction Company, Inc.

Chillicothe .................. 660-707-1412

Federal Construction, Inc.Springfield ................. 800-299-5400

NewGroundChesterfield ......... 314-636-898-8100

Auction ServicesPurple Wave Auction

Manhattan, KS ........... 866-608-9283West Central Auction Company

Harrisonville ............... 816-884-1987

BOLI Executive CompensationBanc Consulting Partners

Burnsville, MN ............ 612-210-7471Bank Compensation Consulting, Inc.

Plano, TX ................... 972-781-2020Bank Financial Services Group

Edina, MN .................. 800-931-7782Equias Alliance

Prior Lake, MN ........... 952-435-7737Executive Benefits Network

Lawrence, KS ............. 785-838-9800UMB Bank, N.A.

Kansas City ................ 866-651-9262

Brokerage/Investments Securities

CRA Investments, LLCDexter ........................ 573-624-8901

Central Bank Capital MarketsJefferson City ............. 573-634-1271

Commerce Bank Capital Markets Group


Country Club Bank Capital Markets

Kansas City ................ 800-288-5489 ................................... 816-931-4060

FTN FinancialOverland Park, KS ..... 800-307-5410

First Bankers’ Banc Securities, Inc.St. Louis ..................... 888-726-2880

M&I BankSt. Louis ..................... 800-726-2663

NFP Executive BenefitsMinneapolis, MN ........ 612-940-2843

Performance Trust Capital Partners, LLC

Chicago, IL ................ 800-843-6284Pulaski Bank

St. Louis ..................... 866-850-1312Stifel, Nicolaus & Company

St. Louis ..................... 800-679-5446UMB Bank, N.A.

Kansas City ................ 866-651-9262Vining Sparks

Little Rock, AR ........... 800-733-6938

Cash Management ServicesFIS

Milwaukee, WI ............ 800-822-6758Reich & Tang

Springfield ................. 417-890-7250

Check PrintingInformation Solutions

Deluxe Financial Services, Inc.St. Louis .......................800-DELUXE .................................(800-335-8931)

Harland ClarkeSt. Louis ..................... 314-518-4058

Check Recovery Re$ubmitIt, LLC

Louisville, KY ......866-274-8900 x241

CollectionsShaffer & Associates

Columbia ................... 888-261-5689

Commercial Medical LoansBankers Healthcare Group, Inc

Syracuse, NY ............. 315-671-4138

CommunicationsIOHI

Tulsa, OK ................... 800-580-4653Spectrio

Oldsmar, FL ............... 800-584-4653TextCaster

Kansas City ................ 816-746-6835

Computer Software & HardwareHarland Financial Solutions

Lake Mary, FL ...800-778-5667x6653Huber & Associates

Jefferson City ............. 573-634-5000Jack Henry Banking

Monett ......................... 417-2356652LightEdge Solution

Des Moines, IA ........... 515-471-1256Tipton Systems

St. Louis ..................... 314-781-7750Verafin, Inc.

St. John’s, NL, Canada .. 866-781-8433

Consulting & Training ServicesAce in the Hole Management

Pacific ........................ 314-803-6593Advanced Bank Solutions

Olathe, KS .................. 866-931-4682CBCS Community Bank Consulting Services, Inc.

St. Louis ..................... 314-863-1954Coakley Strategic Solutions, LLC

Jefferson City ............. 573-321-3922CrossFirst Advisors, LLC

Overland Park, KS ..... 913-754-9700Haberfeld Associates

Lincoln, NE ................ 402-323-3782John M. Floyd & Associates

Baytown, TX ............... 913-827-7140

Larry N. Laminger Consulting, LLCLake Ozark ................. 573-365-5376

Pentegra Retirement ServicesWest Plains, NY ......... 800-872-3473

Profit Resources, Inc.Sarasota, FL .............. 941-955-3919

Sheshunoff Consulting & SolutionsAustin, TX ................... 888-835-9763

Strunk and Associates, L.P.Riverside, MO ............ 816-746-5559

Superior ConsultingSpringfield ................. 417-887-2124

Terry Compliance ConsultingSt. Louis ..................... 314-540-3122

Correspondent BankingCommerce Bank

Kansas City ....800-821-2182 x22488Country Club Bank

Kansas City ................ 816-751-9386First National Bank of St. Louis

St. Louis ..................... 877-472-6974Great Southern Bank

................................... 417-895-4749JP Morgan Chase & Company

Chicago, IL ................ 312-732-5856MIB - Midwest Independent Bank

Jefferson City ............. 800-347-4642M&I Bank

St. Louis ..................... 866-435-3020Pacific Coast Bankers’ Bank

San Francisco, CA ..... 800-688-5342Southwest National Bank

Wichita, KS ................ 316-838-5741TIB - The Independent Bankers-Bank

Dallas, TX ................... 800-288-4842Texas Capital Bank

Kansas City ................ 913-549-3539UMB Bank, N.A.

Kansas City ................ 866-651-9262US Bank - Kansas City

Kansas City ................ 888-266-6261US Bank - St. Louis

St. Louis ..................... 888-465-4540Union Bank, N.A.

San Francisco, CA ..... 816-229-7884Wells Fargo & Company

Des Moines, IA ........... 515-213-4627

Data ProcessingCSI (Computer Services, Inc.)

................................... 800-545-4274FISERV


Missouri Valley Technologies LLCSt. Charles ................. 636-939-1441

Debit and Credit CardsTransFund

Tulsa, OK ................... 800-588-6816UMB Bank, N.A.

Kansas City ................ 866-651-9262

Bankers’ Resource Directory


Bankers’ Resource DirectoryEnvironmental Data

Environmental Data ResourcesBelleville, IL . . . . . . . . 800-352-0050

Executive & DirectorBenefit Plans

Bank Financial Services GroupEdina, MN .................. 800-931-7782

Financial Education ServicesEverFi, Inc.

Washington, D.C. ....... 319-290-9804

FundingFederal Home Loan Bank of Des Moines

Des Moines, IA . . . . . 800-544-3452Promontory Interfinancial Network

Overland Park, KS . . 866-776-6426

Government AgenciesMissouri Agricultural and Small Business Development Authority

Jefferson City ............. 573-751-2129Missouri Development Finance Board

Jefferson City ............. 573-522-4527

IRA & Qualified Plan ServicesAscensus

Brainerd, MN. . . . . . . 800-346-3860

IT Security Services10-D Security

Overland Park, KS ..... 877-204-5769Technology and Networking, Inc.

Cape Girardeau ......... 800-455-2721

Insurance/BondingABA Insurance Services, Inc.

Call MBA Insurance Group at800-234-4939

Agents National TitleColumbia ................... 866-483-2763

BancInsure, Inc.Call MBA Insurance Group at800-234-4939

BanComp Insurance GroupCall MBA Insurance Group at800-234-4939

Chubb Group of Insurance Companies


IAC GroupPrairie Village, KS . . . 800-821-5434

J.T. Miller Company, Inc.Minneapolis, MN . . . . 800-328-4545

Kansas Bankers Surety CompanyTopeka, KS ................. 785-228-0000

Lenders Insurance Solutions Group, LLC

Ozark ......................... 417-581-8070LRS Financial Services

Kansas City . . . . . . . . 800-624-1669Lenders Insurance Solutions Group, LLC

Ozark ......................... 417-581-8070MBA Insurance Helpline

Jefferson City . . . . . . 800-234-4939Mountain Life Insurance Company

Alcoa, TN . . . . . . . . . 800-888-6542Radian Guaranty

Philadelphia, PA ......... 800-523-1988Spectrum Financial Services Inc.

Omaha, NE . . . . . . . . 800-421-8339Travelers Insurance


Truman Wilson & AssociatesLawrence, KS . . . . . . 816-387-1595

Winter-Dent & CompanyJefferson City ............. 573-634-2122

Internet Service ProviderSOCKET

Columbia ................... 800-762-5383

Investment BankingCentral States Capital Markets

Kansas City ................ 816-714-3104Morgan Keegan

Memphis, TN ............. 800-564-2249Sandler O’Neill & Partners, L.P.

NY, NY . . . . . . . . . . . . 212-466-7800The Capital Corporation, LLC

Lenexa, KS . . . . . . . . 913-236-8188UMB Bank, N.A.

Kansas City ................ 866-651-9262

Law FirmsArmstrong Teasdale LLP

Kansas City . . . . . . . . 816-221-3420St. Louis . . . . . . . . . . 314-621-5070

Bryan Cave, LLPKansas City . . . . . . . . 816-391-7649St. Louis . . . . . . . . . . 314-259-2000

Carnahan, Evans, Cantwell & Brown, P.C.

Springfield ................. 417-447-4400Gallop, Johnson & Neuman, L.C.

St. Louis . . . . . . . . . . 314-615-6000Hunton & Williams, LLP

Dallas, TX ................... 214-468-3307Husch Blackwell

St. Louis . . . . . . . . . . 314-480-1500Kansas City . . . . . . . . 816-983-8000

Kramer & Frank, P.C.St. Louis ..................... 800-288-5437

Lathrop & Gage LLCKansas City ................ 816-292-2000

Lewis, Rice & Fingersh, L.C.St. Louis . . . . . . . . . . 314-444-7600

Martin, Leigh, Laws & Fritzien, P.C.Kansas City ................ 816-221-1430

Polsinelli Shughart P.C.St. Louis . . . . . . . . . . 314-889-8000Kansas City . . . . . . . . 816-753-1000Springfield ................. 417-869-3353

South & Associates, P.C.Overland Park, KS . . 913-663-7600St. Louis . . . . . . . . . . 314-655-7001

Spencer Fane Britt & Browne LLPKansas City . . . . . . . . 816-474-8100St. Louis . . . . . . . . . . 314-863-7733Jefferson City . . . . . . 573-634-8115

Stinson Morrison Hecker LLPKansas City . . . . . . . . 816-842-8600St. Louis . . . . . . . . . . 314-863-0800Jefferson City . . . . . . 573-636-6263

The Banking & Tax Law Group LLPLeawood, KS ............. 913-397-2701

Thompson Coburn LLPSt. Louis . . . . . . . . . . 314-552-6000

Lending Risk ManagementAlvarez & Marsal Financial Industry Regulatory Advisory Services

St. Louis ..................... 713-224-4706Cochran Associates

Jefferson City . . . . . . 573-634-4304

MarketingCountry Club Bank Wheatland Advisors

Belton ......................... 816-318-8884 MPI Coin

Grafton, WI . . . . . . . . 800-459-9487Textcaster

Kansas City . . . . . . . . 816-746-6835

Modular Banking FacilitiesMPA Systems, Inc.

Sanger, TX . . . . . . . . 888-233-1584

Mortgage LendingBanc Mac

Pawnee, IL . . . . . . . . 888-821-7729MetLife Home Loans, a Division of MetLife Bank, N.A.

Castle Rock, CO ........ 720-733-2176Missouri Housing Development Commission

Kansas City .......................................Mortgage Services III, LLC

Bloomington, IL ......... 815-378-8551

Mortgage TechnologySharperLending/AppraisalFirewall

Spokane, WA . . . . . . 800-452-1174

Office Supplies & SolutionsOffice Depot

................................... 636-358-9093

Other FinancialProducts & Services

Affordable Equity Partners, Inc.Columbia ................... 573-443-2021

Harland ClarkeSan Antonio, TX ......... 800-382-0818

MBA Bankers Service Corporation’s Title Service

Jefferson City . . . . . . 573-636-8151State Farm Bank

Bloomington, IL ......... 309-735-0175

Payment TechnologiesClearent, LLC

Clayton ....................... 314-732-0515CPay360

Hollywood, FL ............ 314-324-0291FIS

Jacksonville, FL ......... 888-323-3010Vantiv

Cincinnati, OH ........... 513-900-4614

Resorts and HotelsTan-Tar-A Resort, Golf Club, Marina & Indoor Water Park

Osage Beach . . . . . . 573-348-8554

Shredding ServicesCintas

Hazelwood . . . . . . . . 800-795-7368

Training ServicesUMB Bank, N.A.

Kansas City ................ 866-651-9262

Travel ServicesACENDAS

Mission, KS . . . . . . . . 913-671-7700 . . . . . . . . . . . . . . . . 800-544-3019

Trust ServicesCitadel Trust Company

St. Louis ..................... 314-997-1110

KeyMBA Associate Members and MembersEndorsed Vendors

Call the Rachael Preston at573-636-8151

or e-mail her [email protected] more information about

becoming an Associate Member of the MBA


MBAds MODULAR BANK BUILD-INGS: Looking to Branch? Opening a new Charter? Disaster Planning? Need a Temporary while Remodeling? Call North American Build-ings 888-800-8866. We are a design/build fi rm constructing banks throughout the US. Fully equipped with offi ce furniture and bank equipment includ-ing drive up window. www.NorthAmericanBuildings.com

Vice-President, Commercial Loan Offi cer: Community Bank of Pleasant Hill seeks self motivated individual with a minimum of 3-5 years experi-ence in consumer/commercial lending. Lending offi cer will focus on commercial loans and new business development. Degree preferred. Qualifi ed candidates please send your resume’ to Community Bank of Pleasant Hill, ATTN: Lisa Nichelson, President, PO Box 30, Pleasant Hill, MO 64080 or

email to [email protected].

Community Bank Lender: Rural / Suburban / “Home-town” Bank of $100 million is seeking a portfolio lender. Minimum of 3 years experi-ence in commercial / con-sumer / real estate lending. Bachelor’s degree required – fi nance, business, econom-ics preferred. Knowledge of fi nancial statement analysis essential. Would be initially assigned a portfolio of $10-15 million (approx. 200 accounts). Bank located in close proximity to Springfi eld, Missouri. Send resume’ & references to Doug Burnett, SVP, Southern Mis-souri Bank of Marshfi eld, P.O. Box M, Marshfi eld, MO 65706 or email to doug.burne @somobank.com

Payment Systems Offi cer: Mid-west Independent Bank (MIB), Jefferson City, Missouri seeks full time Payment Systems Of-

fi cer. The qualifi ed individual must have working knowledge of traditional deposit process-es including but not limited to, ACH, Funds Transfer, Corpo-rate Cash Management and Payment Processing. A mini-mum 5 years’ experience in payment system functions and degree are required. Excellent benefi ts offered and salary commensurate with experi-ence. To view full details of this position and to apply visit our website at www.mibanc.com and click on Employment.

Part-time regulatory compli-ance auditor opening at KPM CPAs in Springfi eld, MO. Perform consumer compli-ance, BSA/AML, and NACHA audits and provide consult-ing to fi nancial institutions. Experience in consumer compliance required; BSA/AML and NACHA experience a plus. Minimal overnight travel. Send cover letter & resume to [email protected].

Bill Progress ReportThis Bill Progress Report is designed to provide members of the Missouri Bankers Association with timely information on the status of all state legislation pertinent to their industry. Another service of MBA Legislative Watch is the analysis of ALL legislation introduced in the Missouri General Assembly. Requests for information not contained in this report, including copies of individual bills, will receive immediate action. For more information on these bills, visit the Government Relations Page of the MBA Web site at www.mobankers.com.

HB 1064 - McGhee - Scrap metal operators to purchase 10-year vehicles if cert of ownership not available W

HB 1103 - Crawford - Eliminates requirement that banks file certain notice with Real Estate Appraisers Comm S F 2/1 2/1 2/15 151-0 F

HB 1153 - Cox - Modifies provisions relating to perfection of security interests S F 2/8

HB 1159 - Solon - Establishes the Senior’s Retirement Protection Act O F

HB 1166 - Diehl - Allows for the appointment of a trust protector W J 2/1 2/29

HB 1308 - Wells - Same as SB 635 S F 2/1 2/1 2/22 151-3 F

HB 1344 - Nasheed - Allows some expungements of certain criminal records W U 1/30 2/6

HB 1349 - Jones - Allows transfer of irrevocable life insurance trust to authorized trust authority S F 2/1 2/13 2/27 148-0 J

HB 1400 - Richardson - Expands CDARS to transactions accounts S F 2/8 2/21

HB 1524 - Phillips - Owners on private roads share maintenance costs absent other agreements S RD 2/21 2/21

HB 1611 - Nasheed - Same as SB 670 O J

SB 436 - Crowell - Subjects all state tax credits to appropriation W WM 2/23

SB 531 - Lamping - Modifies low-income housing and historic preservation tax credits W WM 1/19

SB 548 - Purgason - Imposes sunset on tax credits not currently subject to sunset W WM

SB 559 - Curls - Allows petitions for expungement of certain criminal records O J

SB 561 - Ridgeway - Imposes sunset on tax credits & includes requirements for DOR W WM 1/19

SB 571 - Kraus - Tax credit recipients must file campaign finance reports with Ethics Commission W WM

SB 579 - Parson - Eliminates requirement that banks file certain notice with Real Estate Appraisers Comm S F 1/23 2/13

SB 633 - Engler - Same as HB 1064 W T 2/8 2/15

SB 635 - Pearce - Relating to securities pledged for safekeeping and payment of public funds S F 2/13 2/23 37 30-1

SB 670 - Green - Debtor facing non-judicial foreclosure may choose mediation or judicial foreclosure O J

SJR 34 - Purgason - Replaces all taxes on income with sales and use tax O WM

SJR 35 - Ridgeway - Replaces all taxes on income with capped sales and use taxes O WM

MBA

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Originating Body Opposite Chamber

Key Committees: A - Agriculture; AP - Agriculture Policy; Ag - Aging; BU - Budget; CH - Children and Families; C - Commerce; CP - Corrections and Public Institutions; CA - Constitutional Amendments; CI - Critical Issues; CJ - Civil and Criminal Justice; CP - Consumer Protection; CR - Crime Prevention and Public Safety; E - Education; ED - Eco-nomic Development, Tourism & Local Government; F - Financial, Governmental Organizations and Elections (Senate)/Financial Institutions (House); GF - Governmental Account-ability and Fiscal Oversight; GL General Laws; IP - Insurance Policy; JC - Job Creation and Economic Development; J - Judiciary; LG - Local Government; MB - Miscellaneous Bills; PH - Public Health; PR - House Special Committee on Professional Registration and Licensing Committee PV - Pensions, Veterans Affairs & General Law; R - Rules; RD - Rural Community Development; SB - Small Business; SC - Senior Citizen Advocacy; T - Transportation; TR - Tax Reform; WM - Ways and Means. MBA Positions: O - Oppose; S - Support; W - Watch; C - Change; N - Neutral.

Insurance QuestionBy Karen Davis, CIC, CRMMBA vice president, [email protected]

Q. “I received my quote back from Jason & Rebecca at MBA, which included a quote for Bankers

Professional Liability (BPL). What does BPL cover?”

A. “BPL protects against losses resulting from wrongful professional services acts.” It covers certain

professional services the bank offers to its customers. Depository services coverage is a critical component of coverage under the BPL.

Fact:It is available as a sublimit to the Directors &Offi cers Liability policy, or a separate limit of liability

Example:A bank acts as a depository for ACH transactions. A bank employee transposes numbers on two merchant accounts, causing ACH credits to be erroneously deposited into the wrong account. When the error is discovered, the funds have already been withdrawn by the business that received the funds in error. The company that incurs the loss sues the bank.


Registration Request2012 Women Bankers Conference

Register the following individual(s). Enter the information below EXACTLY as you wish it to appear on your name badge and registration list. Copy this form for additional registrations.

Organization Information ____________________________________________________________________

Bank/Firm _________________________________________________________________________________

Address ___________________________________City/State/Zip ____________________________________

Phone _____________________________________Fax ____________________________________________

For Overnight Accommodations Contact:

Tan-Tar-A ResortState Road KK

Osage Beach, MO 65065Call (573) 348-3131

Name of Attendees

Name __________________________________________

Title ___________________________________________

E-Mail _________________________________________

Spouse/Guest Name ______________________________

Name __________________________________________

Title ___________________________________________

E-Mail _________________________________________


Name __________________________________________

Title ___________________________________________

E-Mail _________________________________________


Wednesday, April 18 _________________________2 - 6 p.m. Registration Open3:30 – 4:30 p.m. Bonus Session

The Legal and Regulatory Climate—Community Banking in 2012Karen GarrettStinson Morrison Hecker LLP

4:30 - 6 p.m. Welcome Reception and Exhibit Showcase

Thursday, April 19 ___________________________7 - 8 a.m. Breakfast8 - 8:15 a.m. Call to Order and Welcome8:15 – 9:15 a.m. Keynote Address

Commmunicate, Collaborate and Create the FutureJodi Walker, CSPSuccess Alliances

9:15 – 9:30 a.m. Refreshment Break and Exhibit Showcase

9:30 – 10:30 a.m. General Session

Economic Outlook for Community Banking

Dawn MorhausFederal Reserve Bank of Kansas City

10:30 – 11 a.m. Refreshment Break and Exhibit Showcase

11 a.m. – Noon (3) Concurrent Special Interest Sessions

Building Leaders at All Levels Jodi Walker

Motivating Employees in a Non-Monetary WayDonna de St. AubinSt. Aubin, Haggerty & Associates, Inc.

Mobile Banking for Community BankTrent FlemingTrent Fleming Consulting

12 - 1:15 p.m. Lunch

Exhibitor Prizes

1:30 – 2:30 p.m. Repeat (3) concurrent sessions2:30 – 2:45 p.m. Refreshment Break2:45 – 3:45 p.m. General Session

Red-Carpet Experience: How to Treat Your Customers Like STARS!Donna CuttingDonna Cutting Presents

6 – 10 p.m. Reception, Dinner & Entertainment

Friday, April 20 ______________________________7:45 – 8:30 a.m. Breakfast8:30 – 9:30 a.m. General Session

Compliance – the Fourth ‘C’ Chuck LewisMissouri Bankers AssociationJefferson City, Missouri

9:30 – 9:45 a.m. Refreshment Break9:45 – 10:45 a.m. Closing General Session

The Richest Man in TownV.J. SmithLife’s Greatest Moments

10:45 a.m. Final Adjournment

CONFERENCE AGENDA

Hotel Information - The conference will be held at Tan-Tar-A Resort on the beautiful Lake of the Ozarks. The room rate will be $115 per room, per day, plus state & local tax and lodging tax for single or double occupancy. Hotel accommodations can be secured by using the reservation form or by calling (573) 348-3131. Rooms will be available at 4 p.m. the day of check-in. Check out time is 11:00 a.m. See all Tan-Tar-A Resort has to offer at www.tan-tar-a.com.

Hotel Cancellation - Cancellations must be made 48 hours prior to the date of arrival or one night’s room rate will be charged to the individual.

EARLY RESERVATIONS ARE ENCOURAGED.

4 Ways to Register __________________

By Phone Call 573-636-8151

By FAX Fax to 573-634-2754

By Mail Mail check payable to Missouri Bankers Association & registration form to:

Missouri Bankers Association P.O. Box 57 Jefferson City, MO 65102

Online www.mobankers.com

Method of PaymentCheck all that apply.

Member Fee ....................$440.00 # ______$________

Non-Member Fee ...........$880.00 # ______$________

Spouse Fee ......................$200.00 # ______$________

Total amount due $________

Check enclosed, payable to MBA Invoice the bank.Credit Card Payment* (Please type.)

VISA MasterCard *Only VISA and MasterCard are accepted.

Exp. Date __________________________________No. ________________________________________Type Name _________________________________Signature_______________________________________

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march 15, 2012

Documents

missouri photos

missouri bankervisit

missouri banker573

central missouri

missouri bankers association

mbas scenes of missouri

missouri banker usps

mba president