Pub. 7 2012-2013 Issue 2

www.nebankers.org 4 Extraordinary Service for Extraordinary Members. 7 NBA Invests in Compliance Alliance Learn how Compliance Alliance can assist your bank in navigating the expansion of compliance rules and regulations created by the Dodd-Frank Act. By Karen Miller, Senior Vice President, Nebraska Bankers Association 8 NBA Education Calendar 11 Washington Update – Can You Dot-Bank on It? When it comes down to who will control .bank, bankers must define and protect their territory. By Frank Keating, President & CEO, American Bankers Association 12 Interest Rate Risk: Assumption Junction As regulators continue to increase scrutiny of interest rate risk models, banks should consider adopting their own “maintenance schedule” for model assumptions. By Matt Harris, The Baker Group 15 Tech Talk – Security Awareness Training: Passwords While your bank may easily enforce password length, complexity, and age restrictions for your network, these restrictions are insufficient without password security training. By Stephanie Chaumont, CISA, CISSP, Security+ and Carl Cope, CISA, CISSP, CoNetrix 16 Security Officer’s By-Word – Watch for Fake Faxed Wire Transfer Requests Find out what happens when bank employees fail to verify wire fund requests with customers, and how to prevent these scenarios from happening at your bank. By Charles M. Towle, Senior Vice President, Kansas Bankers Surety Co. 18 Eight Steps to Improve Branch Profitability Take this advice and help your branch executives focus on the right ways to generate income and maximize overall franchise profitability. By Andy Grinstead, Senior Vice President of Bank Intelligence Solutions, Fiserv 20 Counselor’s Corner – Security Interests in IP, Part III: Realizing on IP Collateral Here’s a practical overview for lenders seeking to enforce their security interests in IP collateral when things go wrong. By Jeff Makovicka and Chris Bikus, Husch Blackwell LLP 22 Prolonged Low-Rate Environment Creates ALM Issues The prolonged low-rate environment has created a few “anomalies” in the balance sheet that deserve critical analysis beyond the surface numbers relied upon in your asset-liability management reports. Lonnie Harris, Executive Vice President, Asset Management Group Inc. 24 Bert Ely’s Farm Credit Watch – FCA Continues to Protect FCS Insiders From FCS Owners If the Farm Credit Administration were a real regulator, it would stop protecting the identities of the Farm Credit System institutions it takes enforcement actions against. By Bert Ely, Alexandria, Va. 11 15 18 JULY/AUGUST 2012