Pub. 12 2017-2018 Issue 5

NEBRASKA BANKERS ASSOCIATION 11 Contact Richard J. Baier at (402) 474-1555 or richard.baier@nebankers.org . President’s Message — continued from page 7 coverage premium rates are locked in at current rates for the next three years. In addition to reasonably priced, comprehen- sive coverage, NBA VEBA offers exceptional customer service. IT Infrastructure NBISCO recently announced a preferred vendor agreement with Five Nines Technology Group. Five Nines provides out- sourced managed IT services, with an emphasis in the health care and banking arenas. With fully staffed offices in Lincoln, Omaha, and Kearney, Five Nines offers virtual CIO services for banks across the state at competitive prices. Five Nine’s services include account management, research and development, an as- signed project team including a highly trained primary engineer, support desk services, budget planning and assistance, high- level problemsolving, disaster recovery, and business continuity. The IT teamat Nebraska-based, independently owned FiveNines stands ready to work with your bank. For new potential custom- ers, Five Nines offers a complimentary network assessment. Let us know if this free assessment is of interest to your institution. HR& Employee Performance Reviews After reviewing a plethora of human resources vendors offer- ing “new and improved” employee performance measurement tools, the NBISCO Board recently approved a preferred vendor agreement with ZelleHR, an HR consulting firm based in Lin- coln. ZelleHR, like many HR consulting firms, offers a full suite of human resources solutions; however, one of its most relevant products available to NBAmembers is the 4x2 Performance Re- view, which is most easily defined as four performance-related questions reviewed twice per year by the manager and the employee. The 4x2 process is simple and forward-focused and can be driven primarily online. I personally talked with several banks and bankers in Nebraska who have implemented the 4x2 process; the feedback from millennials to those approaching retirement has been overwhelmingly positive. A few millenni- als at our Young Bankers of Nebraska Conference told me they actually enjoyed their semiannual performance reviews. What makes ZelleHR so attractive is not only the company’s tools and technologies, but also the fact that many of the staff are former HR directors at Nebraska financial institutions. NBISCO is pleased to partner with ZelleHR to offer the company’s products and services to NBA-member institutions. IRA Technical Compliance Several member institutions offering IRAs shared their concerns about compliance challenges as many long-time staff members responsible for these IRA programs begin to retire. As a result, the NBISCO Board approved Ascensus as a preferred vendor. Ascensus’ vendor agreement with NBISCO allows As- census to offer a proven IRA management system focused on innovation and compliant systems. These systems allow partici- pating banks to focus on their core business model. Cybersecurity When I ask bankers what keeps them awake at night, one of the responses I frequently receive is cybersecurity risk. Even some of the largest companies in the country have proven they are vulnerable to cyber risks (think Home Depot and Equifax). Over the past two years, NBISCO has aggressively promoted cyber insurance. While these cyber policies cannot keep the bad guys out of your IT systems, the policies are invaluable when your organization must respond to a data breach or cyber threat. Likewise, NBISCO offers a preferred vendor arrangement with CyberScout, a 15-year-old firm that is a leading force for identity protection, fraud detection, and identity recovery. Sev- eral NBA-member institutions now make CyberScout coverage available to their bank customers as a customer benefit. I recognize your organization may already retain other ven- dors to address some of these industry pain points. However, as the opportunity arises, I ask that you contact NBISCO about these services and other preferred vendors available to NBA members. Let me close by offering my personal best wishes for a pros- perous and fulfilling 2018. 