Pub. 9 2014-2015 Issue 5

January | February 2015 9 Extraordinary Service for Extraordinary Members. Email Frank Keating at keating@aba.com. © 2015 American Bankers Association. All rights reserved. Reprinted with permission. Koley Jessen PC, LLO 1125 South 103rd Street Omaha, NE 68124 koleyjessen .com COMMERCIAL LOANS - TIF/BOND FINANCING DIP FINANCING - BANKRUPTCY/CREDITORS’ RIGHTS REGULATORY COMPLIANCE - GENERAL CORPORATE Marlon Lofgren & Matt Speiker Call about your participation & bank stock loans from $100,000 to $10 million. bellbanks.com | Member FDIC 7776 Call us for a quick response, competitive rates and flexible underwriting: Gene Uher at 605.201.1864 guher@bellbanks.com We help you compete with the “big guys!” • Participation loans (commercial, agricultural, construction, operating lines and term loans) • Bank stock & ownership loans • Bank building financing • Business & personal loans for bankers • Multi-family permanent financing banks alike—abide by the same rules in order to protect consumers and discourage risk to the system. • Cybersecurity and Data Breaches. The committee stressed that those responsible for a breach must be held liable for its costs. The members also stressed the importance of all parties sharing the same notification and data security standards as banks. • More Appropriate Regulation. Given the heavy cost that ill-fitting regulation places on financial institutions—tra- ditional community banks in particular—the group agreed that we need a newmodel for bank regulation. Specifically, rules should be fair, efficient, and tailored to an institution’s risk and business model, and arbitrary asset thresholds should be removed. The potential impact that each of these areas has on our industry’s competitive future is enormous. By working with ABA and fellow bankers to distill the many challenges facing banks into those of greatest strategic importance, the GRC has helped create a blueprint for engagement in 2015. It’s a road map we will use in our advocacy efforts this year, as we build upon the advances made in the 113th Con- gress. 