June 20, 2022

One topic we continue to hear about is the prevalence of questionable wires coming into customers’ accounts at the bank. Whether it’s part of the classic “Nigerian Prince” scam – where a fraudulent wire temporarily hits the customer’s account in exchange for a smaller payout from the customer’s own funds – or a con artist is wooing an unsuspecting elder from afar, these suspicious transactions seem to be showing up more and more.

The mortgage market is already off to a volatile start in 2022, with Treasury yields soaring, spreads widening, and mortgage rates breaching 4%. The Federal Reserve has made clear it will focus on a robust monetary tightening campaign to combat high inflation by ending mortgage-backed securities (MBS) purchases and likely shifting the reinvestment of mortgage paydowns from MBS to Treasuries.

Cyberattacks no longer just impact the targeted organization but often have a ripple effect that harms partners, service providers, customers, and others. As data breaches trend up, organizations will be forced to spend more money to recover and ensure they have the appropriate solutions in place to prevent attacks without disrupting normal business. The role of the information security officer (ISO) is more important than ever when it comes to ensuring organizations are taking every precaution to avoid becoming victims.

Corporate trustees have to confidently know the answers to many questions, both those uniform to all trusts, and those tailored to the specific assets of a particular trust vehicle: who is a beneficiary? What obligations are owed to those beneficiaries? How can I deal with complicated family dynamics? What can I do if a family business has been operating in a way that would now be inappropriate when thinking about all beneficiaries?

American workers are quitting their jobs in record numbers – leading economists and pundits to dub the period we’re currently living through “the Great Resignation.”

After an extended pandemic pause, it was an absolute pleasure to see so many bankers, vendors and friends at the 2022 NBA Annual Convention in early May at the Embassy Suites in La Vista. The Convention program included a number of excellent speakers, awards presentations in several bank and educational categories and a highly visible gubernatorial forum which included all the leading candidates for Nebraska’s governor.

JUNE 2022 Relationship & Business Development SchoolJune 28-30Manhattan, KS JULY 2022 Agricultural Lending SchoolJuly 11-15Kearney, NE BSA/AML Compliance Management WorkshopJuly 19-20Virtual 2022 New Account Documentation & Compliance WorkshopJuly 26-27Virtual AUGUST 2022 Young Bankers of Nebraska ConferenceAugust 4-5Omaha, NE Call Report WorkshopAugust 9-10Virtual Real Estate Compliance Lending ConferenceAugust 16-17Lincoln, NE Bank Compliance SchoolAugust 22-26Kearney, NE For