Pub. 8 2013-2014 Issue 4

www.nebankers.org 4 Extraordinary Service for Extraordinary Members. 7 Senior Vice President’s Message– Building Relationships Through Leadership Now in its 17th year, the NBA’s Leadership Program has stood the test of time. Apply for the Class of 2016 today. By Karen Miller, Senior Vice President, Nebraska Bankers Association 8 Washington Update–Targeted Relief for Community Banks While legislative advocacy is challenging, the ABA continues to move forward on issues such as regulatory relief and unfair competition from credit unions and the Farm Credit System. By Frank Keating, President & CEO, American Bankers Association 9 NBA Education Calendar 12 Counselor’s Corner–Banking Mergers & Structure Changes: A Taxing Proposition, Part II of II Learn about specific tax-related considerations your bank should think about when evaluating consolidation opportunities. By Jason Maus, Husch Blackwell LLP 16 Tech Talk–Simple Tactics for Security Awareness Training Pump up your security awareness programwith these straightforward methods to help move your bank in the right direction. By Leticia Saiid, CoNetrix 18 Security Officer’s By-Word–Cash Shortages Find out how to lessen cash shortages in your bank—the real key may surprise you. By Donald M. Towle, President, Kansas Bankers Surety Co. 22 Managing Sensitivity to Market Risk Is your bank equipped to manage the risks to earnings and capital that would accompany a sustained rising rate environment? By Jeff Caughron, The Baker Group 24 Why Video Banking and Why Now? Discover how video banking not only can benefit your bank but also improve the customer experience. By Josh Banta, VP Service & Technical Sales, Data Business Equipment Inc. 26 Bert Ely’s Farm Credit Watch–CoBank Lends Verizon $725 Million Has the Farm Credit Administration opened the proverbial barn door to corporate lending by Farm Credit System banks and associations? By Bert Ely, Alexandria, Va 28 Our Strength Is in Our Numbers BankPAC helps the industry speak with a unified voice. Your financial support helps ensure that solid, supportive candidates are elected to public office. 8 12 November/december 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