Pub. 11 2016-2017 Issue 1

www.nebankers.org 4 Extraordinary Service for Extraordinary Members. 20 22 MAY/JUNE 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 – Another Great Year for the Books! The NBA recently ushered in the close to another successful fiscal year. By Richard J. Baier, President & CEO, Nebraska Bankers Association 8 Washington Update – Putting Customers in Homes — Despite Washington The results of the ABA’s latest real estate lending survey is a testament to banks’ resiliency and customer focus. By Rob Nichols, President & CEO, American Bankers Association 10 NBA Education Calendar 14 Counselor’s Corner – Cybersecurity: The Danger of Using Data Security as a Marketing Opportunity Regulators have little tolerance for puffery when it comes to data security. Make sure your claims match your practices. By Jeff Makovicka, Kutak Rock LLP 18 Coach’s Corner – Taking a Closer Look: When Should You Look Into Executive Coaching? Whether you are needing just-in-time coaching, long-term coaching, or both, seeing an external coach can provide objectivity. By Paula Pace & Danielle Crough 20 Tech Talk – Security Self-Help Although your bank may rely on an outside vendor for security testing, developing an in-house security testing plan is also critical to the overall success of your information security and cybersecurity program. By Craig Schurr, CISA, CISSP, CCNP, CoNetrix 22 Bert Ely’s Farm Credit Watch – Washington Post Article Pulls Back Curtain on the FCS Learn how a popular Washington, D.C., newspaper addressed the Farm Credit System debate and how the FCS responded. By Bert Ely, Alexandria, Va. 26 The Affordable Care Act Marketplace: What It Gets Right, What Needs to Be Fixed While the Affordable Care Act made some positive changes to the U.S. health care system, intrinsic problems with the law remain that are driving up costs, eliminating competition, and narrowing consumer choice. By Pat Bourne, Senior Vice President, Blue Cross and Blue Shield of Nebraska 28 Commercial Construction Financing: A Step-by-Step Guide to Protecting Your Security Find out how you can eliminate the risk of a construction lien taking priority over your bank’s deed of trust. By Brian Koerwitz, Endacott Peetz & Timmer PC, LLO On the cover: 2015-2016 NBA Chairman Mike Pate of United Republic Bank in Omaha, Neb., 2016-2017 NBA Chairman Jerry Catlett of Bruning State Bank in Bruning, Neb., 2016-2017 NBA Chairman-Elect Kristie Holoch of Cornerstone Bank in York, Neb., and NBA President & CEO Richard Baier of Lincoln, Neb., celebrate the start of a new year at the Nebraska Bankers Association during the 2016 NBA Annual Convention held May 4-6 at the Embassy Suites in La Vista, Neb.