Pub. 8 2013-2014 Issue 2

www.nebankers.org 4 Extraordinary Service for Extraordinary Members. 7 Join Our Army of Volunteers–The Success of Nebraska Banking Rests With You Learning how to achieve our goals with our system of government is the only way we can affect change within the banking industry. By George Beattie, President & CEO, Nebraska Bankers Association 9 Increasing Taxes, Liquidity & CRA Requirements Find out how the low-income housing tax credit program can help you manage your capital while fulfilling regulatory requirements. By Thomas Judds, Midwest Housing Equity Group 11 Washington Update–Cybersecurity Vigilance Learn what the ABA is doing to both counter and prevent cybersecurity threats to the banking industry. By Frank Keating, President & CEO, American Bankers Association 14 Counselor’s Corner–Managing Risk in Custom- Feeding Lending: A Case Study Read the third of a three-part series on custom-feeder lending inspired by a recent Iowa case. By Gene Summerlin & Allan Williams, Husch Blackwell LLP 18 Do You Store Confidential Customer Information in Dropbox? Discover the dangers of storing sensitive information in the cloud. By Denise Mainquist, ITPAC Consulting 20 Tech Talk–Bring Your Own Device Here are considerations and questions you will want to ask in order to best manage the risk involved with employee use of personal mobile devices for bank-related activities. By Russ Horn, CISA, CISSP, CRISC, President, CoNetrix 23 NBISCO Products & Services for NBA Members 24 Bert Ely’s Farm Credit Watch–FCS Goes All Out to Kill Say-on-Pay Preserving the say-on-pay rule would increase FCS transparency concerning executive compensation and enhance the reputation of the FCA as an independent regulator. By Bert Ely, Alexandria, Va. 26 NBA Education Calendar 11 20 july/august 2013 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 inMay 2006, is included in membership fees to the Nebraska Bankers Association. 7