Pub. 9 2014-2015 Issue 3

September | October 2014 7 Extraordinary Service for Extraordinary Members. CHAIRMAN’S MESSAGE NBA Task Force Finalizes Dues & Board Composition 233 South 13th Street, Suite 700 Lincoln, NE 68508 Phone: (402) 474-1555 • Fax: (402) 474-2946 NBA Board of Directors NBA Editorial Staff George Beattie NBA President & CEO george.beattie@nebankers.org Joni Sundquist Vice President of Communications joni.sundquist@nebankers.org  Chairman’s Message — continued on page 9 Craig Brewster, Chairman, Nebraska Bankers Association, and President & CEO, Butte State Bank Craig G. Brewster NBA Chairman (402) 775-2271 Butte State Bank, Butte Michael Pate NBA Chairman-Elect (402) 916-1401 United Republic Bank, Omaha Steven L. Anderson (402) 845-6565 Bank of Doniphan, Doniphan Kelley Ayres (308) 832-2030 First Bank & Trust Co., Minden Robert A. Balfany (402) 434-1035 U.S. Bank, N.A., Lincoln Nicholas W. Baxter (402) 602-1839 First National Bank of Omaha, Omaha Cory A. Bergt (402) 434-4122 Wells Fargo Bank, N.A., Lincoln John E. Bothof (402) 334-0300 Northwest Bank, Omaha Jerry A. Catlett (402) 353-2555 Bruning State Bank, Bruning Alan L. Fosler (402) 323-1272 Union Bank & Trust Co., Lincoln Mark W. Hansen (402) 434-3462 West Gate Bank, Lincoln Kristie K. Holoch (402) 363-7431 Cornerstone Bank, York Michael J. Homa (402) 351-4248 Mutual of Omaha Bank, Omaha Chris Hove (402) 420-8344 Nebraska Bank of Commerce, Lincoln Dale L. Johnson (308) 452-3225 Town & Country Bank, Ravenna Douglas G. Johnson (402) 329-6221 Midwest Bank, Pierce Susan K. Koranda (402) 256-3247 Security Bank, Laurel John F. Kotouc (402) 399-5088 American National Bank, Omaha Kevin J. Larson (402) 372-5147 CharterWest National Bank, West Point Garold G. Leggott (402) 363-6688 York State Bank, York Brian D. Lierman (308) 324-5691 Great Western Bank, Lexington Larry E. McPhillips (402) 367-4334 Bank of the Valley, David City Donald E. Moore (308) 345-4994 First Central Bank McCook, McCook Dudley C. Oltmans (308) 532-5936 Adams Bank & Trust, North Platte Anthony Rappa (402) 918-5442 Bank of the West, Omaha Kimberly A. Schroll (308) 534-2861 NebraskaLand National Bank, North Platte Clark D. Lehr NBA Past Chairman (402) 563-3656 First Nebraska Bank, Columbus John P. Stinner NBA Past Chairman (308) 436-2300 Valley Bank & Trust Co., Gering T HE NBA BOARD OF DIRECTORS, AT ITS MAY 2014 MEETING, approved the formation of an NBA Board Composition & Dues Task Force to review the NBA dues formula, the current geographic boundaries of the NBA Groups, and the composition and size of the NBA Board of Directors. The Task Force met at the NBA office in Lincoln on May 29 and July 10, and presented its conclusions to the NBA Board of Directors on July 30. The new model then was shared with the membership at the NBA Statewide Networking Forums held in Scottsbluff, North Platte, Hastings, Ashland, Norfolk, and York in August. NBA Dues The consensus of the Task Force is to make no changes to the NBA dues formula and to continue to have the NBA Budget Committee and theNBABoard of Directors reviewand approve the dues formula on an annual basis. NBA Group Boundaries The Task Force proposed that the NBA geographic regions be reconfigured to include five regional groups versus the current eight. NBA Board Composition The Task Force proposed that the composition of the NBA Board of Directors be as follows: • Two members, serving three-year terms, from each of the five newly configured NBA Groups • NBA Chairman • NBA Chairman-Elect • Immediate NBA Past Chairman • At least three but not more than five at-large board members • The eight largest dues-paying members as ranked by Nebraska deposits based on the previous year’s June 30th Call Report will designate a representative to serve on the board as long as the institution meets the size criteria. (Currently, these banks include Lauritzen Corp., Wells Fargo Bank, N.A., U.S. Bank, N.A., Great Western Bank, Union Bank & Trust Co., Bank of the West, American National Bank, and Cornerstone Bank). • Total board size under this configuration could be 26, utilizing all five at-large representatives.