Pub. 10 2015-2016 Issue 6

www.nebankers.org 4 Extraordinary Service for Extraordinary Members. 18 28 MARCH/APRIL 2016 EDITORIAL: The Nebraska Banker seeks to reflect news and information relevant to Nebraska and other news and information of direct interest to members of the Nebraska Bankers Association. Statement of fact and opinion are made on the responsibility of the authors alone and do not represent the opinion or endorsement of the Nebraska Bankers Association. Articles may be reproduced with written permission only. ADVERTISEMENTS: The publication of advertisements does not necessarily represent endorsement of those products or services by the Nebraska Bankers Association. The editor reserves the right to refuse any advertisement. SUBSCRIPTION: Subscription to themagazine, which began bi-monthly publication inMay 2006, is included in membership fees to the Nebraska Bankers Association. 8 7 President’s Message – Securing Nebraska’s Future Through Housing Development Learn what the NBA is doing to help develop and rehabilitate housing in our Nebraska communities. By Richard J. Baier, President & CEO, Nebraska Bankers Association 8 Washington Update – From Farm Credit to Fintech: The Case for Leveling the Playing Field With the emergence of financial technology products, the battle to achieve a fair and level playing field for banks now extends far beyond the Farm Credit System and credit unions. By Rob Nichols, President & CEO, American Bankers Association 10 NBA Education Calendar 14 Counselor’s Corner – Banking in the Big Data Era: Brave New World? In addition to understanding regulatory issues, bankers must evaluate the good they can do and the harm they may cause when using big data. By Kris Karnes & Bryan Handlos, Kutak Rock LLP 18 Coach’s Corner – Palm Trees and Broken- Down Escalators: Insights on Coaching From the Bank Executive Conference in Orlando Find out how executive coaching can help you address challenges today and into the future. By Paula Pace & Danielle Crough 20 Security Officer’s By-Word – Should It Stay Or Should It Go? Why You Need a Records Retention Policy Discover the benefits of having a records retention policy at your bank. By Charles M. Towle, KBS President 21 Tech Talk – Ransomware Hits Home Learn how to proactively avoid the pains of ransomware. By Leticia Saiid, Security+, CoNetrix 22 Yes, Banks Have Tangible Inventory Find out how having and enforcing internal controls can reduce opportunities for embezzlement. By Brian Gordon, BKD LLP 24 Bert Ely’s Farm Credit Watch – FCA Continues to Stonewall House Ag Committee How much longer will the Farm Credit Administration stiff its congressional oversight committee? By Bert Ely, Alexandria, Va. 26 Sensing Opportunity in Securities The ability to obtain a good feel for the bond market can lead you to see new opportunities and help you invest with a purpose. By A.W. Spellmeyer, First Bankers Banc Securities 28 The New Era of Networks Backed by Fiber Optic Technology Having the proper network in place will position your bank to handle future advancements in technology. By Jay Anderson, NebraskaLink LLC