Pub. 16 2021-2022 Issue 6

Although phishing has been a problem for years, phishing emails have increased by an estimated 600% over the past two years. Setting a record number of cyber-attacks in that time, phishing continues to be a go-to source for hackers.

If you are a commercial or agribusiness lender, it’s likely been a while since you had a significant number of defaults in your portfolio. I wish I could tell you it’s because your borrowers are all financially healthy and operationally disciplined. Unfortunately, borrower distress and problem loans have not been eradicated from commercial and agribusiness lending. They’ve just become much harder to diagnose.

Municipal bond investors finally have some good news regarding public pension plans after worrying about growing unfunded pension liabilities for many years. The Pew Charitable Trusts reports that aggregate state retirement systems are over 80% funded for the first time since 2008, following record investment returns for the fiscal year ending in 2021.

Providing children with a strong base of financial knowledge is critical to helping them unlock their financial future and prosper as adults – and bankers are uniquely positioned to play a role in that process.

NBA Friends,
Congratulations to Nebraska Banker and former NBA Chair Mike Jacobson on his recent appointment as the State Senator for Legislative District 42, which includes North Platte. He brings a great deal of knowledge, experience and leadership background to this position.

APRIL 2022 Demystifying Cryptocurrency Webinar April 18 Virtual MAY 2022 NBA Annual Convention May 4-6 La Vista, NE Operations School May 10-12 Lincoln, NE Small Business Lending Virtual Workshop May 24-25 Virtual JUNE 2022 NBA Annual Golf Outing June 9 Hastings, NE Preparing for Your Next IT Exam Workshop June 14 Virtual Relationship & Business