Pub. 7 2012-2013 Issue 1

www.nebankers.org 4 Extraordinary Service for Extraordinary Members. 7 NBA Continues to Move Forward With Strategic Initiative Process Your NBA staff is proactively working through the Action Plan developed last year by member bankers serving on the Strategic Initiative Committee. By George Beattie, President & CEO, Nebraska Bankers Association 8 NBA Education Calendar 11 Washington Update – PowerTalk A record 1,100 bankers, including many Nebraska bankers, traveled to Washington, D.C., in March for the ABA’s Government Relations Summit. By Frank Keating, President & CEO, American Bankers Association 12 Does Our Credit Culture Need Cultivating? Find out how a consistent, disciplined credit culture can create a durable line of defense against impulsive credit and pricing decisions. By Michael Wear, Faculty Member, Graduate School of Banking at the University of Wisconsin-Madison 15 Security, Not Compliance A risk assessment should be viewed as a valuable security tool rather than a compliance exercise. By Stephanie Chaumont, CISA, CISSP, Security+ and Carl Cope, CISA, CISSP, CoNetrix 16 Security Officer’s By-Word – Signature Validation Program — Banks Should Not Participate! Learn about the dangers of the Signature Validation Program and why careful evaluation of the program is a must. By Charles M. Towle, Senior Vice President, Kansas Bankers Surety Co. 20 Counselor’s Corner – Security Interests in IP, Part II: Collateralizing & Creating Security Interests in IP Lenders who are not aware of the pitfalls surrounding the structuring and perfection of a security interest in IP assets may be jeopardizing the value of the collateral. By Jeff Makovicka, Husch Blackwell LLP 24 Bert Ely’s Farm Credit Watch – FCS: Home of the Supersized Borrowers Read about the Farm Credit System’s supersized loans to big farming operations and agribusinesses who hardly need cheap, taxpayer-subsidized credit. By Bert Ely, Alexandria, Va. 12 15 20 MAY/JUNE 2012