Pub. 5 2010-2011 Issue 4

www.nebankers.org 4 Extraordinary Service for Extraordinary Members. 5 NBA Education Calendar 7 NBA Offers Recommendation to Fiscal Commission The federal government wants to balance the budget by 2015. Read the recommendations offered by your association. By George Beattie, President & CEO, Nebraska Bankers Association 8 Washington Update – Promoting Small Business Lending Learn what the ABA’s been doing to ensure community banks have access to capital-raising alternatives in the future. By Edward L. Yingling, President & CEO, American Bankers Association 10 Security Officer’s By-Word – Watch Your Liability Find out why it’s better for your bank to use personal money orders instead of cashier’s checks. By Donald M. Towle, President, Kansas Bankers Surety Co. 13 Bert Ely’s Farm Credit Watch – Ely to Discuss Election Results at Ag Lenders Conference Stay abreast of the Farm Credit System’s latest efforts to broaden the scope and geographical reach of FCS activities. By Bert Ely, Alexandria, Va. 15 Counselor’s Corner – Better S.A.F.E. Than Sorry! Discover the policy and procedure implications that will result from the S.A.F.E. Act, which became effective Oct. 1. By Dan Stinnett, Husch Blackwell LLP 18 In to Out: Banks Are Migrating Find out what’s driving banks to make the big switch to outsourcing. By Ralph Borenstein, Jack Henry Banking 20 Credit Union Watch – Will Taxpayer Rescue End Credit Union Coddling? It’s difficult to understand why the credit union industry continues to be treated with kid gloves in today’s environment. Read the latest about your tax-advantaged competition. By Keith Leggett, Senior Vice President & Senior Economist, American Bankers Association 21 Do You Know a Courageous Teacher? Demonstrate your bank’s support of education by nominating a teacher in your community for the Christa McAuliffe Prize for Courage and Excellence in Education. By Ellen Hirst, Christa McAuliffe Prize Communications Director 24 Taxpayer Intervention Into Corporate Credit Union Crisis Although credit unions pay no federal taxes, Congress has extended a $6 billion taxpayer-funded revolving line of credit to the CU industry. Find out what went wrong. By Mako Parker and Deanne Marino, American Bankers Association 26 Nebraska Bankers Association Webinars 18 24 NOVEMBER/DECEMBER 2010