Pub. 12 2017-2018 Issue 4

WWW.NEBANKERS.ORG 4 NOVEMBER/DECEMBER 2017 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 in May 2006, is included in membership fees to the Nebraska Bankers Association. 7 PRESIDENT’SMESSAGE – ENGAGINGOUR STATE IN THE BANKONNEBRASKACHALLENGE Discover how your bank can help the NBA address the need to more proactively market Nebraska’s banking industry and the positive impact our banks have on Nebraska communities, families, and individuals through the Bank On Nebraska Challenge. By Richard J. Baier, President & CEO, Nebraska Bankers Association 8 WASHINGTONUPDATE –MAKING THINGSHAPPEN Odds are that whatever position you hold in your bank, you possess the expertise that the NBA and ABA are eager to tap. By Rob Nichols, President & CEO, American Bankers Association 10 NBA EDUCATIONCALENDAR 13 COUNSELOR’S CORNER – THE OTHER CRA What’s the Congressional Review Act (CRA)? If you don’t know, you’re not alone. Learn more about the where, when, and why of this congressional oversight tool. By Jeff Makovicka, Kutak Rock LLP 18 TECH TALK – SAFELY SURFING Although the Internet was created without security in mind, actions can be taken to help mitigate security concerns that go hand in hand with online connectivity. By Daniel Lindley, Network+, CoNetrix 20 BERT ELY’S FARMCREDITWATCH – THE FOUR FCS BANKS ARE COMMERCIAL BANKS? Global Finance magazine claims Farm Credit System institutions are among the 50 safest commercial banks. If that’s the case, why aren’t FCS banks subject to bank regulatory oversight? By Bert Ely, Alexandria, Va. 23 FAMILY FARMERBANKRUPTCY CLARIFICATION ACT OF 2017 ENACTED INTO LAW With an increasing level of financial stress in agriculture, the new bankruptcy law is a welcome addition to the options available for financially strapped farmers and their lenders. By Donald L. Swanson, Koley Jessen 28 OUTSOURCINGCASHVAULTMANAGEMENT GAINS TRACTIONAT COMMUNITY BANKS As technology improves, so does the opportunity for community and regional banks to tap into all the benefits outsourcing offers. By Tracy Dreessen, Rochester Armored Car CONTENTS 23