Volume 69, Number 7 • THE NEWSPAPER OF THE MISSOURI BANKERS ASSOCIATION • Thursday, July 18, 2013 The Missouri Banker Visit our web site at http://www.mobankers.com The 2013 legislative session is now over for MBA. It was one of our most successful in years, with a steady tally of wins. “We had virtu- ally no issues in October of last year” said MBA lobbyist Bill Ratliff, “But by January we were almost over- whelmed with bills and issues.” Top priority: Mandatory mediation The actions in St. Louis County, and later St. Louis City, passing ordinances requiring mandatory mediation prior to foreclosure grew from lawsuits to legislation as 2013 began. “We were concerned that without some kind of legislation, we would continue to see more cities and counties enacting local ordinances and then forcing us into more costly lawsuits,” said Ratliff. Two bills were filed, HB 211 and later HB 446, to prohibit local ordi- nances from overriding state and fed- eral laws. These bills were combined during the course of the session. In spite of opposition, the bills passed in the House 130-24 and in the Senate 26-7. Governor Nixon did not sign the bills into law, but also did not veto them, so they become effective Au- gust 28. Small-dollar loans That was just the first of a number of bills MBA worked on this session. SB 254 increases fees for small- dollar loans. “We had been asked for years why banks could not come up with an alternative to payday loans.” said Ratliff. “SB 254 was that alter- native.” On Direct Deposit Cash Advance loans, the bill allows banks to charge the lesser of $75 or ten per cent. Out-of-state national banks have been able to offer this product for several years, with virtually no com- plaints from consumers or consumer groups. SB 254 now allows Missouri banks to offer the same product. Statute of frauds In SB 100, MBA supported lan- guage that deals with the “statute of frauds”. About 10 years ago, MBA passed a bill that said commercial loans must be in writing and not de- pend on oral promises or statements. That all worked fine until last sum- mer when a court ruled that several written documents, including some bank work papers, constituted a writ- ten agreement on commercial loans. MBA’s language says the docu- ments must be in writing and ex- ecuted (signed) by both parties. “We had assumed that written agreements would be signed,” said Ratliff. “Now, it is in the law so there will be no confusion.” Other issues … Other issues MBA worked on included: • HB 212 – Model revisions to the Uniform Commercial Code, Article 9 and 4. The MBA is sponsoring an educational program for bankers, lenders and attorneys for these changes on August 22 in Columbia, MO. • SB 235 – Elimination of a redundant HMDA state report for banks in cities and counties over 250,000 population. (about 80 banks are impacted by this bill) • SB 357 – Modifies law relating to mechanic’s liens for rental machinery and equipment. • HB 8 – Appropriation for Division of Finance to support the pay plan for examiners who have met certain professional standards. MBA has helped with pay increases to stop the turnover of experienced people at DOF. Turnover of examiners has dropped from 30 percent a year six years ago to around 6 percent currently. Experienced examiners are efficient. Today’s assessment rates for bank exams is now less than it was 15 years ago! • SB 248 – Notice required when a Neighborhood Improvement District is established. This gives a “heads up” to title insurers that there may be liens on the property. There have been cases where purchasers have been hit with thousands of dollars in tax assessments that they had no knowledge of when they bought the land, because nothing had been filed at the time the district was established. • SB 148 and HB 248 – Changes to get faster release of salvage titles. MBA negotiated changes to insure banks are paid before releasing titles. • SB 542 and SB 342 - Contain MBA-supported language to allow the Agricultural Small Business Loan Authority to guarantee ag input loans up to $100,000 from the current $40,000. Many supporters Our thanks go to the many legis- lators who worked with MBA this session to get these bills passed: Sen. Jay Wasson (R-Nixa), Sen. Mike Cunningham (R-Marshfield), Sen. David Pearce (R-Warrensburg), Sen. Joe Keaveny (D-St. Louis). Rep. Tony Dugger (R-Hartville), Rep. Sandy Crawford (R-Buffalo), Rep. Stanley Cox (R-Sedalia), Rep. John Diehl (R-Town & Country) and Rep. John Mayfield (D-Indepen- dence) Without their help we could never have had such a successful session. 2013 Missouri Legislative session is all wins For the seventh year, the MBA launched a photo contest for the 2014 MBA “Scenes of Missouri” calendar. The calendar design has now been finalized and orders are being taken. Twelve photos were selected to be featured for each month of the calendar, and fourteen more photos are used in photo collages for the front cover and the back page of the calendar. “Missouri bankers have again provided us with beautiful photos for the 2014 calendar,” said Carol Barnett, MBA Senior Vice President of Compliance Services. “We have photos from 19 different photographers, including eleven new photographers this year.” Pamela Hill from B & L Bank in Lexington is the winner of the $100 photographer prize. She found the raccoons that had just demolished the corn crop in her garden hiding up in the rafters of the barn, and took a great photo of the culprits. Her photo is the July monthly photo. To see an order form, go to page 13. Information is also available on the MBA web site at www.mobankers. com (click on “Scenes of Missouri Calendar” under the Products & Services tab). Calendars may be ordered up until August 30, for shipment in October. If you have any questions, contact Carol Barnett at the MBA at 573-636-8151 or via email to cbarnett@ mobankers.com. 2014 MBA Scenes of Missouri Calendar finalized
Welcome message from author
This document is posted to help you gain knowledge. Please leave a comment to let me know what you think about it! Share it to your friends and learn new things together.
Transcript
Volume 69, Number 7 • THE NEWSPAPER OF THE MISSOURI BANKERS ASSOCIATION • Thursday, July 18, 2013
The Missouri Banker
Visit our web site at http://www.mobankers.com
The 2013 legislative session is now over for MBA. It was one of our most successful in years, with a steady tally of wins. “We had virtu-ally no issues in October of last year” said MBA lobbyist Bill Ratliff, “But by January we were almost over-whelmed with bills and issues.”Top priority: Mandatory mediation The actions in St. Louis County, and later St. Louis City, passing ordinances requiring mandatory mediation prior to foreclosure grew from lawsuits to legislation as 2013 began. “We were concerned that without some kind of legislation, we would continue to see more cities and counties enacting local ordinances and then forcing us into more costly lawsuits,” said Ratliff. Twobillswerefiled,HB211andlaterHB446,toprohibitlocalordi-nances from overriding state and fed-eral laws. These bills were combined during the course of the session. In spite of opposition, the bills passed in theHouse130-24andintheSenate26-7. Governor Nixon did not sign the bills into law, but also did not veto them, so they become effective Au-gust 28. Small-dollar loans Thatwasjustthefirstofanumberof bills MBA worked on this session.
SB254increasesfeesforsmall-dollar loans. “We had been asked for years why banks could not come up with an alternative to payday loans.” saidRatliff.“SB254wasthatalter-native.” On Direct Deposit Cash Advance loans, the bill allows banks to charge thelesserof$75ortenpercent.Out-of-state national banks have been able to offer this product for several years, with virtually no com-plaints from consumers or consumer groups.SB254nowallowsMissouribanks to offer the same product.Statute of frauds In SB 100, MBA supported lan-guage that deals with the “statute of frauds”. About 10 years ago, MBA passed a bill that said commercial loans must be in writing and not de-pend on oral promises or statements. Thatallworkedfineuntillastsum-mer when a court ruled that several written documents, including some bank work papers, constituted a writ-ten agreement on commercial loans. MBA’s language says the docu-ments must be in writing and ex-ecuted (signed) by both parties. “We had assumed that written agreements would be signed,” said Ratliff. “Now, it is in the law so there will be no confusion.”Other issues … Other issues MBA worked on
included:• HB212–Modelrevisionsto
the Uniform Commercial Code, Article9and4.TheMBAis sponsoring an educational program for bankers, lenders and attorneys for these changes on August 22 in Columbia, MO.
• SB235–EliminationofaredundantHMDAstatereportforbanks in cities and counties over 250,000 population. (about 80 banks are impacted by this bill)
• SB357–Modifieslawrelatingto mechanic’s liens for rental machinery and equipment.
• HB8–AppropriationforDivision of Finance to support the pay plan for examiners who have met certain professional standards. MBA has helped with pay increases to stop the turnover of experienced people at DOF. Turnover of examiners has dropped from 30 percent a yearsixyearsagotoaround6percentcurrently.Experiencedexaminersareefficient.Today’sassessment rates for bank exams is now less than it was 15 years ago!
• SB248–Noticerequiredwhena Neighborhood Improvement District is established. This gives a “heads up” to title insurers that there may be liens on the
property. There have been cases where purchasers have been hit with thousands of dollars in tax assessments that they had no knowledge of when they bought the land, because nothing had beenfiledatthetimethedistrictwas established.
• SB148andHB248–Changesto get faster release of salvage titles. MBA negotiated changes to insure banks are paid before releasing titles.
• SB542andSB342-ContainMBA-supported language to allow the Agricultural Small Business Loan Authority to guarantee ag input loans up to $100,000 from the current $40,000.
Many supporters Our thanks go to the many legis-lators who worked with MBA this session to get these bills passed: Sen. Jay Wasson (R-Nixa), Sen. MikeCunningham(R-Marshfield),Sen. David Pearce (R-Warrensburg), Sen. Joe Keaveny (D-St. Louis). Rep.TonyDugger(R-Hartville),Rep. Sandy Crawford (R-Buffalo), Rep. Stanley Cox (R-Sedalia), Rep. John Diehl (R-Town & Country) andRep.JohnMayfield(D-Indepen-dence) Without their help we could never have had such a successful session.
2013 Missouri Legislative session is all wins
For the seventh year, the MBA launched a photo contestforthe2014MBA“Scenes of Missouri” calendar. The calendar
design has now been finalizedandordersarebeingtaken. Twelve photos were selected to be featured for each month of the calendar,
and fourteen more photos are used in photo collages for the front cover and the back page of the calendar. “Missouri bankers have again provided us with beautifulphotosforthe2014calendar,” said Carol Barnett, MBA Senior Vice President of Compliance Services. “We have photos from 19 different photographers, including eleven new photographers this year.”
PamelaHillfromB&L Bank in Lexington is the winner of the $100 photographerprize.
She found the raccoons that had just demolished the corn crop in her garden hiding up in the rafters of the barn, and took a great photo oftheculprits.Herphotoisthe July monthly photo.
To see an order form, go to page 13.
Information is also available on the MBA web site at www.mobankers.com (click on “Scenes of Missouri Calendar” under the Products & Services tab). Calendars may be ordered up until August 30, for shipment in October. If you have any questions, contact Carol Barnett at theMBAat573-636-8151or via email to [email protected].
2014 MBA Scenes of Missouri Calendar finalized
Page 2 The Missouri Banker July 18, 2013
Address changes Changes in addresses for The Missouri Banker can be mailed to the MBA at P.O.Box57,JeffersonCity,MO65102,Attn:DatabaseManager or e-mailed to [email protected]
The Missouri Banker573-636-8151
Max CookPublisher
William O. RatliffManaging Editor
Sue NorfleetEditor
The Missouri Banker (USPS Number 000044, ISSNNumber0893-5637)ispublished12timesa year (once a month) by the Missouri Bankers Association, 207 E. CapitolAve., JeffersonCity,MO 65101. Second-classpostage is paid at Jefferson City, Mo. Copyright© 1998 by the Missouri Bankers Association. All rightsreserved.POSTMASTER:Send address changes to The Missouri Banker, P.O. Box 57, JeffersonCity,MO 65102.Opinions expressed in any signed article in The Missouri Banker are those of the author and should not be construed as the viewpoint of the editors or of the Missouri Bankers Association. Neither should information provided in The Missouri Banker be construed as legal advice. The Missouri Banker does not provide legal advice, nor does it take the place of legal counsel hired by financial institutions.While thispublication makes a reasonable effort to establish the integrity of advertisers, it does not endorse advertised products or services, unless otherwise so stated. This issue may contain legislative advertising. Advertising copy is generally segregated from news and other information.
By Rob Hoff, CRCMVice PresidentMBA Compliance Services Howmanyofyouhavehung wallpaper? If you have, you may have heard the expression “I’m busier than a one armed paper hanger!” So it probably goes without saying that MANY of our member banks are overwhelmed with all the
More help from MBA Compliance Services!compliance changes that are coming from the Dodd-Frank implementation. In many cases, you probably feel like you’re in charge of hanging new wall-paper throughout the whole bank with one hand, while in the other hand, you hold thousands of pages of paper that is being printed by the CFPB about Dodd-Frank so you can read that while you hang the wallpaper! Two of the newest ser-vices we have introduced at the MBA -- Compliance Assistance and Loan Review -- may be a big help to you –especiallyourcommunitybank members. With Compliance Assis-tance, an MBA Compliance Services team member will assist with various functions in the Bank’s compliance program–varyingfromone day per month to two days per quarter, (or some other time frame) at the Bank throughout the year. This can be tailored to the bank’s individual needs, and can include:
• Training on compliance and regulatory issues
• Review of various com-pliance processes and procedures
• Implementation of new regulatory changes and related policies
• Assessment of not only the Bank’s efforts to be in compliance, but also an overall compliance risk assessment
• Guidance on compli-ance topics to the Bank’s compliance committee, complianceofficer,ex-ecutive management and/or the board of directors
This program can be focused on the lending func-tions (where most of the Dodd-Frank changes will impact), the operations areas, or both. Some banks use this service to supplement the compliance function already in place, while some are us-ing it as the primary compli-ance support function for the bank. Pricing for the Compli-ance Assistance is deter-mined on a case by case
basis. We have also introduced Loan Reviewservices–especially for community banks which use an outside third party vendor, or to supplement and/or test the bank’s internal loan review process that is already in place. Usually a Compliance Services team member will perform advance prepara-tions with the bank’s targeted credits before the on-site visit, then spend 3-10 days on site reviewing bank loan files(paperfilesand/orim-agedfiles),thenfinishtheindividual loan reviews off site within 30 days. Bank management will receive several reports from the MBA that include:• asummaryofthefind-
ings along with any regulatory concerns
• a summary of risk ratings on each credit showing those in agreement with the bank’s risk rating sys-tem, any credits eligible for upgrades, and credits that should be considered for a downgrade
• a listing of any techni-calexceptionsidentifiedthrough the process
• an individual loan review reportof3-6pagesoneach credit reviewed
Generally we prefer to use the bank’s internal financialstatement&taxreturn spreads completed by their own credit analysts and/orloanofficers.Inthatcase, we randomly test that information to the actual customersuppliedfinancialreports and tax returns. If the bank needs the MBA to spreadthefinancials,moretime and cost is allocated for that process. MBA Compliance Ser-vices and its Compliance Force offer a variety of programs to aid banks with compliance needs. Services available include in-bank training, BSA, compliance andHMDAreviews,offsitereviews, and we recently added loan review services. For more information, call Carol Barnett at the MBA at [email protected].
MBA is holding a seminar on Aug. 22 to discuss recent amendments to Article 9 of the Uniform Commercial Code. The class is being held at the Stoney Creek Inn, Columbia and is being taught by John P. Walsh, Of Counsel, Spencer Fane Britt & Browne LLP, and a member of the MBA Bank Counsel Section. In 2010, the Uniform Law Commission and the Ameri-can Law Institute approved amendments to Article 9 of the Uniform Commercial Code dealing with secured transactions. While many of the revisions are mostly technical, there are important changes, including:
• Themethodologyfordeterminingthesufficiencyof the name of a debtor that is an individual, a trust oraregisteredorganizationsuchasacorporation,alimited liability company or a limited partnership.
• Closing the gap in the existing rules governing continuity of perfection in the assets of a debtor who becomes subject to the laws of another state.
OnJune25,GovernorNixonsignedHB212,aprioritybillfor the MBA that implements these amendments for the Mis-souri UCC. This legislation becomes effective Aug. 28. There
are important steps that banks need to follow to assure that they remain compliant when transitioning to the new require-ments. Some of the topics that will be covered in the seminar include:
• Endingthe“namegame”whenperfectingasecurityinterest against an individual;
• Dealingwithtransitiontonewfilingrulesforindividual debtors;
• Amendments relating to determining the name of a debtor for a trust, an estate or a registered organization;
• Miscellaneouschangesrelatedtofilingsandsearches;• Impact when a debtor changes its location to another
state or becomes a new debtor. The seminar will begin at 9 a.m. with registration opening at 8:30 a.m. There will be a one hour break for lunch and the classwilladjournby4p.m. Visit the MBA website at www.mobankers.com or call the MBAEducationDepartmentat573-636-8151formoreinfor-mation.
Seminar set to discuss UCC law changes
Page 3The Missouri Banker July 18, 2013
Paid Advertisement
ABA Washington Update
Frank KeatingPresident and CEO
American Bankers Association
The banking industry has long been a leader when it comes to our nation’s payments system. More than 100 years ago, in May 1911, ABA developed in cooperation with our members a uniform system for the identificationoffinancialinstitutions. This was needed to identify and route the growing number of drafts, checks and other documents as part of banks’ processing of payments. The routing number helped speed up an increasingly complex payments system. It’s working today in not just identifying check processing endpoints, but also automated clearinghouse participants, electronic funds transfers and other settlement arrangements. I relate this story to demonstrate that ABA has a history of looking forward. Banks are leaders in the payments system. As payments
continue to evolve, we will continue to provide thoughtful solutions, policy considerations and recommendations. OurEmergingPaymentsAdvisoryGroup recently issued a report for policymakers on the rapidly evolving payments marketplace. The report, titled “The Changing Face of the Payment System: A Policymaker’s Guide to Important Issues,”identifiesthree key areas for consideration: consumer protections, payment system integrity and competitive equity. The advisory group -- representing the diversity of our industry with senior executives from community, regional and large banks -- met earlier this year to address the need for government policies that promote competitivesolutionsandrecognizethe important role banks play in developing and delivering safe,
convenient forms of payment. “Banks--whichdevelopedthefirstcredit card in 1958 and have since pioneered technologies like online banking and bill pay, mobile banking, and remote deposit capabilities -- continue to push the innovation envelop to improve the banking experience for consumers and businesses,” the advisory group said in its report. While innovation and customer convenience remain core drivers of the payments system evolution, the report encourages policymakers to ensure that:• Consumer protection laws apply
to every part of the electronic payment process, including new nonbank participants;
• All participants in the payment system maintain robust bank-like controls that protect the system’s
integrity and assist in mandated government law enforcement efforts; and
• Participants in the market all play on a level regulatory playing field.
Youcanfindthereportonlineat aba.com/EmergingPayments. I encourage you to review it so you can be ready to advocate on these issues as they come before Congress. It is in our interest as well as policymakers’ to ensure that the laws and rules governing the payment system keep pace with the evolving marketplace. Your customers and our nation’s commerce depend on a reliable,safeandefficientpaymentssystem. And with your help, we will continue to lead in this important area. © 2013 American Bankers Association. All rights reserved. Reprinted with permission.
Our Policymaker’s Guide to Payments System Issues
Page 4 The Missouri Banker July 18, 2013
Paid Advertisement
An independent, full-line agency
Call
Paula Hansen
at 800-234-4939
Let MBA Insurance Group help you with all of your health and life insurance needs.
Medical Dental Long Term Care Life & Additional Life Long Term Disability Felonious Assault
Group & Individual Accident Vision Cancer
Talk to Paula today!
Foundation awards scholarships to students Seven Missouri high school students, one in each of MBA’s seven regions, have been awarded a Willis W. Alexander Scholarship. Alexander was a Missouri banker from Trenton who served as chairman of the MBA and executive vice president of the American Bankers Association. The Missouri Bankers Foundation Scholarship Fund is designed to encourage college-level study for young people who are interested in pursuing a career in banking orafieldrelatedtobanking.Pony Express RegionMaura SturguessChillicothe The scholarship recipient in the Pony ExpressRegion in Northwest Missouri is Maura Sturguess, a graduateofChillicotheHighSchool. Maura plans to study accounting and information assurance at Southwest
Baptist University. She was nominated for the scholarship by Chillicothe State Bank.Mark Twain RegionCourtney KadlecBowling Green Courtney Kadlec, Bowling Green, is the recipient of the scholarship for the Mark Twain Region. She is a graduate of Bowling Green HighSchool. Courtney plans to study business management at Columbia College. She was nominated by Community State Bank of Missouri, Bowling Green.Truman RegionStephanie ParkhurstDearborn The scholarship recipient for the Truman Region in western Missouri is Stephanie Parkhurst,
Dearborn. She is a graduate ofNorthPlatteHighSchool,Dearborn. Stephanie will study computer science and mathematics at Truman State University. She was nominated by Platte Valley Bank of Missouri, Platte City.Capitol RegionAmanda CookSedalia Amanda Cook, Sedalia, is the recipient of the scholarship for the Capitol Region in Central Missouri. She is a graduate ofSmithtonHighSchool,Sedalia. Amanda will study accounting at the University of Missouri-Kansas City. She was nominated by U.S. Bank, Sedalia.Gateway RegionAshley DyerFestus Ashley Dyer, Festus, was awarded the scholarship for the Gateway Region.
Maura Sturguess
Ashley plans to study computer science at the University of Nebraska-Lincoln. She was nominated for the scholarship by Commerce Bank, Festus.Ozark RegionIsaac GillenLebanon Isaac Gillen, Lebanon, is the scholarship recipient for theOzarkRegion on Southwest Missouri.HeisagraduateofLebanonHighSchool. Isaacplanstostudyfinanceat the University of Missouri Trulaske School of Business. HewasnominatedbyCentralBank, Lebanon.River Heritage RegionMiranda FowlerCape Girardeau Miranda Fowler, Cape Girardeau, was selected to
Courtney Kadlec
Stephanie Parkhurst
Amanda Cook
Isaac Gillen
receive the scholarship for the River HeritageRegion in Southeast Missouri. She is a graduate of Notre Dame RegionalHighSchool Miranda plans to study financeandbankingatMurrayState University. She was nominated by Alliance Bank, Cape Girardeau.
Miranda FowlerAshley Dyer
U.S. Senatevotes to confirm Cordray The U.S. Senate voted 66-34onJuly16toconfirmRichard Cordray as director of the Consumer Financial Protection Bureau.
Cordray has been serving as the bureau’s director since a January 2012 recess appoint-ment.
Cordray’sformalconfir-mation had been blocked by Senate Republicans who were concerned about the CFPB’s structure and lack of account-ability.
Page 5The Missouri Banker July 18, 2013
Paid Advertisement
A Division of First State Bank of St. Charles
We Have The Keys to Your Success First State Bank Mortgage Community Mortgage Banking Program
As one of the largest mortgage loan originators in Missouri, we are able to o�er secondary market solutions to community banks. Our Community Mortgage Banking program is speci�cally designed to do just that. A separate division of First State Bank Mortgage, this program is able to leverage our talented mortgage professionals, full array of mortgage products and investors, and superior technology systems.
The Community Mortgage Banking Division is headed by Mike Anderson who brings 30 years of executive banking perspective and an understanding of the challenges community banks face in allfacets of management and strategic growth.
Regardless of your bank’s current status in mortgage origination, from none to a large infrastructure, we can o�er various levels of solutions to your e�orts. We can help you navigate the mine �elds of infrastructure operating costs, funding and credit risks, and ever- burgeoning compliance and regulatory risks associated with mortgage origination.
Call us today to discuss your institution’s unique needs.
Daniel SimpsonDirector of Mortgage,Senior Vice President
Mike AndersonManaging Director,Community Mortgage Banking
• Correspondent and Wholesale Agreement relationships• All conventional and government loan options, including FHA, VA and USDA loans• Direct Underwriting Eliminating your bank’s repurchase risk on credit Direct communication with underwriter Fast track underwriting Scenario email address• Experienced and knowledgeable staff• Processing and closing services• Great rates due to volume & credit success with investors• Superior mortgage technology systems• Training programs• Dedicated web site
A Division of First State Bank of St. Charles NMLS # 416668
636-940-5632 | www.fsbcmb.com
by Linda PetersenManager, MBA Title Service
We are picking up an old feature for The Missouri Banker.Wehopethatyouwillfindthe tips we have to offer helpful. As we go along we will try to answer some common questions and point out changes to Missouri laws regarding vehicle titling in the State of Missouri. Everylienholderusuallyencountersprob-lems with titling and lien transactions. Let us hear your questions. A couple of brand new things we’d like to bring to your attention come from the MO DOR (Missouri Department of Revenue). You may soon see “RAM” listed as the make on a Statement of Origin or a previous title. This is correctly referring to what was previously a Dodge Ram pickup truck. Go-ing forward these vehicles will be known as RAM. Please use this on your title applications and Notice of Liens. Also note that Dodge
Ram vehicles manufactured before the switch will continue with the Dodge distinction. EffectiveJuly6,2013thestatehighwayuse tax law was replaced by state sales tax and local sales tax on all motor vehicles, trail-ers, all-terrain vehicles, vessels and outboard motors unless otherwise exempt. This tax is collected when you apply for ti-tle to your unit. For a period of time vehicles sold by individuals and out-of-state dealers were subject to state sales tax and only in certain cities and counties were subject to a local use tax. That law is replaced with state and local sales tax on all items except manu-factured homes. If your bank is not currently saving time and money using the MBA Title Service, now is the time to give us a try. Membershipfeesarebasedonassetsizeand open to MBA member banks. Let us be your personal representative with the MO Department of Revenue. Contact Linda Petersen At [email protected] or 573-636-8151.
MBA Titling Tips
Rep. Tony Dugger (R-Hartville), the House Banking chairman, (left) and MBA General Counsel Keith Thornburg at the Mortgage Bankers Association annual convention. Both were speakers at the recent meeting in Osage Beach.
There will be a series of MBA seminars at the end of July andfirstofAugusttodiscussDodd-FrankActchanges.Theseminars are being taught by Chuck Lewis, MBA vice presi-dent, Compliance Services, and Denny Deischer, MBA vice presidentEducationalServices.TheseminarswillbeonJuly30inSpringfield;July31inBlueSprings;Aug.6inCapeGi-rardeau;andAug.7inColumbia.Visitwww.mobankers.com for more information
Dodd-Frank Act seminars planned
Page 6 The Missouri Banker July 18, 2013
Can Help Your Bank Manage Changing Regulations.
The Right
GUIDANCE GUIDANCE GUIDANCE GUIDANCE GUIDANCE GUIDANCE
Community banks turn to The Whitlock Company for solutions to improve pro� tability in the face of growing and changing regulations.
Our services include:
• Internal Audit a la Carte
• Financial Statement Audits
• Tax Savings
Partner with our expertise to � nd the right solutions for your bank.
• Risk Management
• IT Exams
• Loan Reviews
whitlockco.com
Paid Advertisement
Lobbyist’s Notebook
Bill RatliffExecutive Vice President
Missouri Bankers [email protected]
On Friday, July 12, MBA received several phone calls. Thefirstwastoinformusthat Governor Nixon would signSB254anyminutenow.SB254wasourbillto increase the fees banks could charge for small-dollar loans. We were, of course, delighted to get this news. We thought this was going to happen. A few weeks earlier, the Governor had vetoed HB329,whichincludedthesmall-dollar fee increase, but also a number of other provi-sions. In his Veto Letter, the Governor cited his reasons for vetoing the bill, but did not mention any of the provi-sions in SB 254. If he was going to veto
The waiting is over; now the waiting begins
the bill, we reasoned, that would have been the perfect time to do so. As it turned out, our reasoning was cor-rect,andSB254wassigned.HB 446 and 211 Also on July 12, we heard that the Governor was not goingtosignHB446&211,but he also was not going to veto it! The Governor has three options: Sign the bill, veto the bill or take no action which allows the bill to be-come law. Governor Nixon choseoption#3forHB446and 211. Thatwasfinewithus.HB446&211wasMBA’sNumber One Priority Bill for the 2013 session. It prohibits any city or county
from passing real estate loan ordinances overriding state and federal laws. We had heard rumors for months that the bill would be vetoed. We discounted the rumors as did the Governor’s staff, who repeatedly said they make no decisions until after the bills pass and are thoroughly reviewed. That has been our experi-ence with the Governor in past years. I have never seen a Governor who so com-pletely reviewed bills before signing or vetoing them or taking no action. We were pretty sure that Governor Nixon had not pre-judged HB446and211. Wewereright.HB446and 211 becomes effective
August 28.Now the waiting continues So the wait for two of our biggest bills is over and we are thrilled with the results, but now more waiting begins.First, we have the upcoming Veto Session. Republican legislators will meet later this month to discuss possible overrides to the Governor’s vetoes. Governor Nixon vetoed 29 bills this session. That’s not a record (Gover-nor Dalton holds that with 35vetoesin1961),butitisa record for Governor Nixon so far. OnSept.11,theHouseandSenate meet for their annual Veto Session. To get a veto override,109Housemem-bers and 23 senators must vote to move the bill. Right now,theHouseRepublicanshave exactly 109 votes while theSenatehas24Republi-cans. Getting everyone on board for an override is tough and seldom happens, but this year could be different. Thetaxcutbill(HB253),theunemploymentbenefitsbill(SB28),thegunbill(HB436)andthevotingbyvid-eoconferencingbill(SB170)
could all come up. Some couldfaceSenatefilibusters;some could see Democrats voting for an override. We’ll just have to wait and see what happens. The nice thing is that MBA is a mere spectator, since we are not getting involved in any of these ac-tions.More waiting We will be waiting and watching another venue. MBA has two lawsuits, one against St. Louis County and one against St. Louis City, attacking the mandatory me-diation ordinances passed by those political subdivisions. Our win in the Legislature is just one side of a two-pronged attack. We want to prevail in the lawsuits as well, or alternatively, obtain a disposition of the lawsuits that leaves no ambiguity that these local ordinances are null and void. The County lawsuit, as I write this, is still in the Ap-peals Court. We hope to get a ruling any time now. Howthatrulinggoesandwhere we go from there is, you guessed it, something we’ll just have to wait and see.
CFPB appoints senior officials The CFPB has appointed a new chief of staff, chief operatingofficerandheadsofprogramsoverseeingmortgageservicingandseniorcitizens. Christopher D’Angelo, previously a senior adviser to CFPB Director Richard Cordray, is now chief of staff, replacing Garry Reeder. Sartaj Alag, previously in charge ofthebureau’sOfficeofConsumerResponse,hasreplacedVictor Prince as COO. FormerTreasuryDepartmentofficialLaurieMaggianowill lead the bureau’s program on mortgage servicing and securitizationandNoraDowdEisenhower,formerlyoftheNationalCouncilonAging,willheadthebureau’sOfficeofOlder Americans.
Page 7The Missouri Banker July 18, 2013
Paid Advertisement
With OpteView® Resolve,™ what you see is a well-connected, effi cient ATM network.
Diebold’s availability management solution is yet another example of industry-leading products and services. It enables institutions to integrate
self-service delivery into their operations in a way that is cost-effi cient, secure and compliant. Big picture: It’s an unparalleled catalyst for growth. And
another reason why Diebold has remained a leader for more than 150 years.
For the entire story, visit www.diebold.com/boldinnovation.
1.800.806.6827 www.diebold.com [email protected]
die8780-09_OpteView_Spidr_MissouriBank_v01AR_20130627.indd 1 6/27/13 4:41 PM
Page 8 The Missouri Banker July 18, 2013
John L. Harlin, ChairmanCentury Bank of the Ozarks JohnwasbornJune8,1937andgrew up in Gainesville, Missouri. HegraduatedfromGainesvilleHighSchoolandSouthwestMis-souri State College (now Missouri State University). John married LindaFleenoronSept.14,1957and one year later enlisted in the U.S. Air Force. While serving as a member of the Strategic Air Com-mand, John entered an Air Force talent show and in1962wontheWorldWideAirForceTalentCon-test as a comedian. Though a banker by profession, he has contin-ued to pursue his hobby and avocation of writing andperforminginthefieldofcomedy. John began his banking career by joining the staff of the First National Bank of West Plains, Missouriin1963andreturnedtoGainesvillein1966toworkasassistantvicepresidentattheBank of Gainesville—now Century Bank of the Ozarks—abankfoundedbytheHarlinfamilyin1894.John,athirdgenerationbanker,hasheldtitles of vice president, executive vice president, presidentanddirector.Henowservesaschairmanof the bank and holding company, Century Banc-shares. In addition to his community service, John has been a leader in the MBA and ABA, serving on numerous boards and committees, and as MBA Presidentin1994.Johnhasalsohadtheuniqueprivilegeofseeingbothhisfather,H.T.Harlin,andhisson,ChrisHarlin,servetheMBAasPresident(now Chairman). John is a tremendous supporter of the MBA and has not missed an MBA Conven-tionsince1966.Thisyearmarkshis47th consecu-tive MBA Annual Convention! Johnattributeshislongevityinthefieldofbanking … “in part, to the pride I have in our fam-ily’sservicetoourcommunitysince1864.Also,Isimply love going to work every day.” John’sfavoritepartofworkingforthebank-ingindustryfor50yearshasbeen… “to have the privilege of working with customers, particularly entrepreneurs, who come to us with a dream or idea that, over time, results in great success for both our customer and our community. Only in America can a small community bank have that opportunity. Also, I enjoyed and learned much about banking by serving and supporting both the MBA and ABA. It was an honor to serve as Presi-dentoftheMBAin1994.” IfJohncouldchangeonethingaboutbank-ing,itwouldbe… “the overreaching and oppres-sive federal regulatory burden that keeps us from serving our customers in the manner we did when I began my career.” John’s philosophy about banking in general is… “follow the “Golden Rule.” Whether it is cus-tomers or fellow workers, consistently treat them the way you want to be treated.” John’sfunnyorheartwarmingstoryaboutabank customer is… “My customer, Junior, who
was an extremely talented woodcarver, but was educationally-challenged, applied for a $150 loan. I prepared the note and slid it across the desk for himtosign.HeslowlydrewaJonthesignatureline, then paused, looked up and with a smile said, “I can’t remember if that goes up or down.” With myassistancewecompletedthetransaction.Even-tually, payment came in the form of a “bas-relief” carvingofanOzarkscene—anditcontinues,today, to grace the wall behind our teller line.” John’sadvicetoayoungprofessionaljustentering the banking business is… “My advice to young people just entering the banking business can be summed up in two words: ‘Integrity’ and ‘Commitment.’”
Betty Meyer, SVP Human Resourcesand Board Secretary, United Bank of Union BettywasbornNov.6,1945in Washington, Missouri, the daughterofEnolaBorgmannandthelateEdwardBorgmann.Sheand her three younger brothers were raised in the Beaufort/Union, Missouri area where Betty has lived all of her life. She attended a rural Beaufort grade school and graduatedfromUnionHighSchoolin1963,workingatasmallcaféinBeaufortwhileinschool.Herbankingcareerbeganthatsameyearwhen she took a job with United Bank of Union. She has worked in various areas of the bank and for many years as secretary to the board of direc-tors. InJuneof1964BettymarriedBillMeyerandtogether they have two sons, Jeff, and his wife Erin,andBrad,andhiswifeBobbie.Theyareblessedwithfivegrandchildren,ranginginagefrom twelve to seventeen. Betty proudly attended her son’s activities and now enjoys attending the grandchildren’s foot-ball, basketball, wrestling, swimming, volleyball, cheerleading and dance events. She and Bill enjoy camping and Motor Coach trips and have visited most of the states. They also enjoy cruises . Bettyattributesherlongevityinthefieldofbanking to… “I feel that I was able to be in bank-ingandspecificallyUnitedBankofUnionfor50years due to a real love of my job. You come to know customers and they rely on you for answers to their questions. I always consider the employ-ees my extended family and was excited when they excelled or received a promotion. I was fortunate to have good health, healthy children and a hus-band who helped at home since banking hours are not 9 to 3.” Betty’sfavoritepartofworkingforthebankingindustryfor50yearshasbeen… “One favorite partishardtodetermine.Eventhoughthedu-ties are basically the same, every day is different. When we posted by hand balancing was always agreatfeeling.Helpingcustomersmademefeelgood because I was able to make someone else comfortable with whatever their concerns were at the time.”
IfBettycouldchangeonethingaboutbank-ing,itwouldbe… “That there were not so many regulations to follow to complete a customer’s request.” Betty’s philosophy about banking in general is… “Banking has changed so much over the years. Fifty years ago, we touched each check many times and if we were doing the drive-in teller, whoever was closest waited on the customer from one till. The changes in society have made many new policies to follow and the old way is nolongerpractical.Evenwithallthesechanges,banking in the Lending areas can be done to help customers and in the Deposit area customer trust can still be maintained.” Betty’sfunnyorheartwarmingstoryaboutabank customer is… “There was a gentleman who cameintothebankoftenandlikedtovisit.EveryHalloweenhewouldcomeincostumeandwealltook time to admire his costume. One year he was dressed as Dolly Parton. That made us all laugh and was the highlight of that day.” Betty’sadvicetoayoungprofessionaljustentering the banking business is… “The profes-sion of banking will always be there. It is where you can meet people of all walks of life. When I was in human resources I always mentioned to the new employee that if you followed the Golden Rule you would not go wrong. I would encourage them to work part time if possible while in school and get a basic understanding of banking. Being knowledgeable in the area of technology is very helpful as well.”
Larry L. Price, DirectorTable Rock Community Bank Larry was born in Muscatine, IowaandmovedtotheOzarkswithhisfamilywhenhewas16yearsold.Hebeganhisbankingcareerin1962withBankofTaneyCounty in Forsyth, MO. The Bank of Kimberling City was chartered June1973withLarryservingasPresidentandCEOuntilhisretire-ment in 1995. In 2001 Larry became the Facilities PresidentforPeoplesBankoftheOzarks,Kimber-lingCity,MO.Heleftthatpositionin2002andbe-came an advisory board member for the bank until March2005.Hethenworkedwithlocalinvestorsto charter Table Rock Community Bank, which openedAugust2006.HeservedasPresident/CEOof Table Rock Community Bank until March 2009. Larry currently serves as a Director for Table Rock Community Bank. Through the years Larry has been a community leader in Stone and Taney County communities servingasofficerormemberofnumerouscommit-tees and boards such as the chamber, school board, hospitalboards,andothercivicorganizations. Larry married Geraldine “Gerry” Price in 1990andtogethertheyhave7children,17grandchil-dren and 12 great-grandchildren.
See 50 Year Club, Page 9
John Harlin
Betty Meyer
Larry L. Price
Four new members inducted into 50 Year Club
Page 9The Missouri Banker July 18, 2013
Kirkpatrick, Phillips & Miller CPAs P.C. Serving Financial Institutions in Missouri,
Kansas, Oklahoma & Texas
www.kpmcpa.com
Direction for Growth
417.882.4300
When You Need More Than Just Numbers
Direction that Makes a Difference
TAX • AUDIT • CONSUMER COMPLIANCE IT REVIEW • BSA • LOAN REVIEW • NACHA
CONSULTING • IRR • DIRECTORS’ EXAM
With many new regulations and rapidly changing compliance laws, you need a partner that can provide accurate direction. Our team includes certi�ed internal auditors, compliance specialists, former bankers, former bank regulators, certi�ed IT specialists, and certi�ed public accountants.
Paid Advertisement
Paid Advertisement
Larry attributes his lon-gevityinthefieldofbankingto… “loving banking and enjoying what he is doing!” Larry’sfavoritepartofworkingforthebankingindustryfor50yearshasbeen… “serving the people and making a difference in their lives.” IfLarrycouldchangeone thing about banking, itwouldbe…“I would just like to have another 15 or 20 years to do what I loved do-ing!” Larry’s philosophy about banking in general is… “when dealing with a cus-tomer you need to look at 3 things, and in this order: Character–Collateral–Capacity to Pay. Banking has reversed these and we look at Collateral and Capacity toPayfirst,butCharacterdetermines if they will pay.” Larry’sfunnyorheart-warming story about a bank customer is… “Several times over the years I’ve bumped into people that had been customers and they will say ‘remember when you loaned me the money to buy….? I really appreciate you helping me.’” Larry’sadvicetoayoungprofessionaljustenteringthe banking business is… “Look at the customer’s character and remember you’re there to serve them.”
Charlotte WrightInternal AuditorJonesburg State Bank Charlotte began work-ing at the Jonesburg State Bank inMay1963.She was hired to work part-time, but that changed unexpect-edly when one of the bank employees became ill. At that time there were six em-ployees—two men and four ladies. The Monday through Saturday workday began at 9:00 a.m.; they closed the
bank for one hour at noon, reopened after lunch and closed at 3:00 p.m. Charlotte muses, “That’s where the reference to “banker’s hours” originated!!” By the early 1970’sCharlotteandoneother employee did all the manual posting of checks, working from 8 to 5. “No more banker’s hours!” Charlotte continued work-ing in bookkeeping and as a teller. She was the backup person for the cashier whose duties included investments, general ledger, accounts pay-able etc. Through the years she advanced to cashier and vice president. Charlotte continues to work part-time as an internal auditor. Married to Neil Wright inJuneof1968,Charlotteandherhusbandof45yearsliveon the farm where Neil was born and raised. Together they have a son and a daugh-ter, and two fantastic grand-children. Charlotte attributes her longevityinthefieldofbanking to… “banking is never boring and working
in a small bank gave me the opportunity to work in all areas of banking. There was always something new to learn and that kept it fresh and interesting. Ownership and leadership has been posi-tive in helping our bank grow and‘bethefirst’intheareawith new projects.” Charlotte’sfavoritepartofworkingforthebankingindustryfor50yearshasbeen … “working with num-bers,searchingforandfind-ing information a customer requests and in general, help-ing people—helping make a person feel as if I took whatever time was needed to assistthem.Thefiftyyears,as I look back, has simply flownby.” IfCharlottecouldchangeone thing about banking, it wouldbe…“less regulatory burden put on banks. Bank-ing has become completely overwhelmed with regula-tions and compliance issues.” Charlotte’s philosophy about banking in general is… “with growth comes change. Watching the bank
grow from a small build-ing on Main Street with six employees to a new bank in Jonesburg with a branch in Warrenton and 30 employees has been wonderful. But, in that growth everything changes. We have been fortunate that ownership and leadership of our bank has made this growth workable.” Charlotte’sadvicetoayoungprofessionaljusten-tering the banking business
is… “take the time to learn banking from the bottom to the top. The more you learn about your bank and your customers will make your job more interesting. Be friendly, smile and be genuine. You willfindmanydifferentpersonalities among your co-workers, but everyone needs to be pulling in the same direction to make it all come together. Be the best you can be.”
Charlotte Wright
50 year clubFrom Page 8
Members of MBA’s third Banking Leadership Missouri class are meetingfortheirfirstsessionAug.7and 8 at Whiteman Air Force Base. Mark Towers will teach the class on Leadership Skills, Styles and Personal Development. We announced who will be participating in the class in Branson at our Annual Convention in June. Here,wewanttointroduceyoutothe next class of Missouri’s banking leaders.
Matthew Arnold is assistant vice president at Community State Bank of Missouri, Bowling Green.Heworked part time at the bank when he attended high school and returned to work at the Troy branch in 2008. Arnold began his banking career in 2003 at The Callaway Bank in Fulton as a personal banker and also workedasaloanofficeratBankStarOne, Fulton. While serving in the U.S. Marines, he was deployed to Iraq, and was on the cover of U.S. News & World Reportin2004whileservingatAbuGhraib Prison in Iraq. Hecurrentlyunderwritesandcloses consumer and commercial loans and manages collection at the bank.
Jordan Barth is assistant vice president at Pony ExpressBank, Liberty. Hejoinedthe bank in October of 2006and
worked as a teller. In his current position, Barth works in lending, OREOmanagementandcollections. Barth attended William Jewel Col-lege, Liberty, where he earned his degree in business administration in 2005.
Dennis Brammer is vice presi-dent, Farm-ers Bank of Northern Missouri, Gallatin. Af-ter working at the Farm-ersHomeAdministra-tion, Brammer joined the bank in 1994asanagloanofficer. In his current position, he processes and services personal, business and real estate loans; and he also serves as the bank’s security officer. Heearnedhisdegreeinag-business from the University of Central Missouri.
Phil Brockland is a loan officeratOzarksFed-eral Savings and Loan Association, Farmingon. Hejoinedthebank in 2009 and works with credit analysis and businessdevelopment.Healsoisthebank’sassistantsecurityofficerandworks with website ad-ministration.
Haley Brooks works in business development for People’s
Community State Bank, Doniphan. Shejoinedthebankin2009andfirstworked as a teller. Brooks graduated from the University of Missouri-St. Louis in 2006whereshestudiedfinance.Inher current position, she works with commercial lending and relationship management. Shane Cowger is senior vice president and sales manager at Arvest Bank, Springfield.HejoinedArvest Bank in Miami Okla., in 2003 as a community bank president. Cowger also has worked for Arvest Bank in Silver Springs, Ark., before joiningthebankinSpringfieldin2011. In his current position, Cowger is responsible for all retail banking intheSpringfieldregion,whichincludes13branches.Healsois responsible for the region’s marketing and consumer lending. Cowger earned his B.S. degree in marketing from Missouri Southern State University.
Nathan Cropper is vice president and senior loanofficerat West Plains Bank and Trust Company, West Plains. Heworkswith all aspects of lending. Cropper began his banking careerin1997workingintheProofDepartment.HejoinedWestPlainsBankandTrustin2012.Heearnedhis degree in ag-business with an emphasisinfinancialmanagement
from Missouri State University, Springfield.
Rebecca Dunham is executive vice president and sales manager at Arvest Bank, Joplin. She began her career with Arvest Bank in Bentonville, Ark., in 2003 and joined the bank in Joplin in 2007. In her current position, Dunham oversees the retail delivery function for the Joplin region. She earned her degreeinfinanceandbankingfromtheUniversityofArkansas.Herfirstjob in banking was working as an administrative assistant.
Benjie Ferguson is assistant vice president and commercial loanofficerat The Bank of Missouri, Cape Gi-rardeau.Hehas worked in banking since1997whenhisfirstjobwasinloanreview.HejoinedTheBankofMissouri in 2003. In his current posi-tion, he works with SBA lending and business development. Ferguson earned his B.S. degree in agri-business from Southeast Missouri State University, Cape Girardeau.
Tammy Kelley is assistant vice president-audit at
Page 10 The Missouri Banker July 18, 2013
Matthew Arnold
Meet the 21 members of MBA’s Banking ...
Benjie Ferguson
Phil Brockland
Jordan Barth
Dennis Brammer
Rebecca Dunham
Nathan Cropper
Haley Brooks
Shane Cowger
Tammy Kelley
Page 11The Missouri Banker July 18, 2013
Leadership Missouri class for 2013 -2014OldMissouriBank,Springfield.She joined Old Missouri Bank asatellerin2004.Inhercurrentposition, Kelley is involved with the audit function of the bank as well asbudget,financialreporting,andstrategic planning. Kelley earned her B.S. in business administration from Missouri State University.
Jennifer Lee is depos-it operations manager at First State Community Bank, Farm-ington. In her position she works with new deposit products and services, acquisitions, product pricing and is the synergy imaging adminis-trator. Lee began working at the bank in 2003 as a human resources assistant. She earned her Masters of Business Administration from Southeast Mis-souri State University.
Ryan Lorentz is vice president and commercial lender at Platte Valley Bank of Missouri, Parkville. Hehasworked in banking since 2001 and joined Platte Valley Bank of Missouri in2011.LorentzearnedhisBSdegree in business from Kansas State University.
Elizabeth Money is senior vice presidentofretailbankingatEquityBank, Lee’s Summit. In her position, she leads sales, service and branch operations for the bank’s retail banking and investment divisions.
She began working in banking in 1990 and joinedEquityBank in 2010. Money earned her degree from Bowling Green State University in Ohio.
Jared Niederer is vice presi-dent of Leg-ends Bank in Owensville. Hecurrentlyworks with loan origina-tion, credit analysis, collection and documentation of the bank’s loan filesincludingcommercial,agandconsumer loans. Niederer joined the bank as a loan officerin2002.Heearnedhisdegreefrom the University of Missouri - Columbia where he studied ag education and ag economics.
Nicholas Overkamp is vice president of HeartlandBank, Clayton.Heworks as a commercial lender to develop and maintain the bank’s commercial loan portfolio. Overkamp began his banking careerin1997andjoinedHeartlandBankthisyear.Hehasworkedinbanking in the St. Louis area for 15 years.
Joshua Sachs is accounting man-ager and assistant vice president at BankStar,Pacific.Heoverseesthe
Accounting -Bookkeeping Department, and serves as security of-ficeraswellasassisting with BSA and audit preparation. Sachs earned his B.S. in busi-nessadministrationandfinancefrom the University of Missouri - St. Louis and completed his Masters of Business Administration degree this spring through Missouri Baptist Uni-versity of St. Louis.
Leslie Tanner is vice president at Central Bank, Jefferson City. She is a commercial lender and CPA working in business development. Tanner joined Central Bank in 1994asacreditanalystaftershehadworkedforaCPAfirm.Sheearnedher B.S. degree in accounting from Lincoln University and earned her CPAin1997.
Brandon Taylor is chief financialofficerforLegacy Bank and Trust, Rogersville, and Century Bank of theOzarks,Gainesville. Hehasworkedinhiscurrentpositionsince 2010. Taylor is the ALCO Committee Chairman for his banks and also workswithfinancialanalysisandbudgeting, strategic planning and
specialprojects.HeisaCertifiedPublic Accountant. Michael Tomlinson is vice president and regional manager of Peoples Community Bank, Seligman. Hemanages$35,000,000 in assets for two of the bank’s branches in Missouri. Hejoinedthebankin2010.Tomlinson is a graduate of Christian Brothers University, Memphis, Tenn.
Kristen Waterman is vice president - mortgage banker for HeritageBank of theOzarks,Lebanon, where she manages the Secondary Market Lending Department. She joined the bank in 2003 as a loan assistant and was named mortgageloanoriginatorin2006.She became vice president and mortgagebankerin2007.
Gregory L. Yamnitz is vice president at First State Community Bank, Perryville. Heworkswith personal, residential, agriculture and commercial lending. Yamnitzhasworkedinbankingsince 1990 and joined First State StateCommunityBankin2008.Hestudied economics and management at Southeast Missouri State.
Jennifer Lee
Ryan Lorentz
Jared Niederer
Nicholas Overkamp
Leslie Tanner
Brandon Taylor
Michael Tomlinson
Kristen M. Waterman
Gregory Yamnitz
Elizabeth Money Joshua Sachs
Page 12 The Missouri Banker July 18, 2013
STEP UP
AgendaJuly 2013
30 ComplianceSeminar,Springfield
31 Compliance Seminar, Kansas City
August 2013
6 Compliance Seminar, Cape Girardeau
7 Compliance Seminar, Columbia
13 Young Bankers Day at the Kansas City Fed
September 2013
10 - 12 IRA School, Columbia
18 - 20 Compliance Conference, Tan-Tar-A Resort, Osage Beach
October 2013
10-11 Young Bankers Leadership Conference, Crowne Plaza,KansasCity
22 IRA Seminar, Cape Girardeau
23 IRA Seminar, Columbia
23 Security Management Seminar, Columbia
24 IRASeminar,Springfield
25 IRA Seminar, Kansas City
November 2013
14 Bank Secrecy Act Seminar, Columbia
20 -21 Lending Compliance Workshop, Columbia
December 2013
4 - 6 ExecutiveManagementConference,TheRitz-CarltonHotel,St.Louis
The MBA has joined with bankers associations across the country to create the Regulatory Feedback Initiative (RFI). This initiative will bring transparency and accountability to the regulatory process and will help every bank in the country prepare for their examinations and manage their regulatory risk. The initiative consists of a brief, anonymous online survey that we are asking every bank to take immediately following each safety and soundness examination and each compliance examination. Weneedeverybanktobuildthesurveyintotheir examination process. For more information, visit the Alliance of Bankers Associations web site at www.allbankers.org. To receive a link to the survey contact Mike Noblett at the MBA via email at [email protected].
MBA is a part of Regulatory Feedback Initiative (RFI)
Paid Advertisement
Page 13The Missouri Banker July 18, 2013
The Missouri Bankers Association is offering a customized wall calendar for 2014, “Scenes of Missouri,” exclusively to MBA members. These calendars are a great way to thank your customers for their business and promote your bank. Rather than using stock photos and text from any calendar vendor, these full-color, high-quality calendars will uniquely promote Missouri and your bank! Your name and/or logo will be imprinted at the bottom. And you can’t beat the price – just 99 cents per calendar (plus imprint charge, tax and shipping). Photos used in the calendar are selected from among those submitted by Missouri bankers, directors, and family members. Calendar page size is 11” x 8 1/2”, calendar opened size is 11” x 18”. The imprint area is approximately 1” x 11”.
The deadline for ordering 2014 calendars will be August 30, 2013. Shipment can be expected in October. The minimum quantity that can be ordered is 100.
The $50 setup charge includes typesetting text and logo placement for imprint area (in black), if needed. The setup charge is $100 for spot color (PMS) text and/or logo. Please specify if you want black or color imprint.
If you have questions, please call Carol Barnett at the MBA at 573-636-8151 or email [email protected].
Send no money now! Orders will be billed when shipped, and shipping and tax will be
added at that time.
2014 Scenes of Missouri Calendar
2014 Scenes of Missouri Calendar Order Form
Name _______________________________________________________________
Bank ________________________________________________________________
Street Address ________________________________________________________
City/State/Zip ________________________________________________________
Phone _____________________________
E-Mail (Required for proof) ______________________________________________
Quantity (minimum order 100) @ 99 cents each ___________
Please provide us with a copy of the information you want printed on your calendar imprint area. To include your bank logo, please email a high resolution file (TIF, JPG, PDF or EPS 300 dpi file preferred) to [email protected].
_____ Please use same imprint from our 2013 Scenes of Missouri calendar.
Proof will be sent via email.
Bank/Logo Imprint Color: (The imprint area is approximately 1” x 11”.)
_____ Black ($50) ____Color ($100)
Mail Order to:Missouri Bankers Association
Attn: Carol BarnettPO Box 57
Jefferson City, MO 65102
Fax Order to:573-634-2754
Email Order to: [email protected]
By Phone:573-636-8151
January February March
April May June
July August September
October November December
and vice president who has been with the bank since 1993. Rodgers is a private banking client representative who has been with the bank since1994. Michael Montana was pro-moted to assistant vice president, loan opera-tions man-ageratEmpireBank,Springfield.Hehasmore than six years of bank-ingexperienceatEmpireBank and is retired from the U.S. Marine Corps. Karen Phillips was ap-pointed executive vice presi-dent/chiefoperatingofficeratBank of Weston, Weston. She hasbeenwiththebankfor34years and will be overseeing the overall operation of the bank. Adrienne Derrell was appointed chief information officeratBankofWeston.She is responsible for all IT functions at all branches including network adminis-
Page 14 The Missouri Banker July 18, 2013
Raleigh Marriott Crabtree ValleySeptember 9-11
For More Information Contact Blaine Wiles, 800/662-7044 or
TOMORROW’S
FUTURE BEING BUILT
TODAY
AMERICAN MORTGAGECONFERENCE
Achievements
Did you know there are certain times of the year you should try to avoid being in the hospital? If you can help it, there are two times you’ll want to steer clearof–holidaysandthemonthofJuly. That’s because the more skilled medical professionals are likely to have holidays off. And in July, new medical school graduates start their jobs while more experienced doctors and nurses start their vacations. All of this can lead to more mistakes. IfyouareanMBAVEBAhealthplanmember,youcanlearn other ways to avoid mistakes by visiting the Welvie surgery decision-support program. The program helps participants work with their doctors to decide on, prepare for and recover from surgery. Additionally,planmemberswhocompleteSteps1–3oftheprogram,plusashortsurvey,willgeta$25reward.Eachcovered family member can earn a $25 reward, too! The rewards are available once a year. The Welvie program is free and you can visit as often as you like. To get started, visit www.welvie.com.
Considering surgery? Be sure to avoid these dates
Ron Medin was named gen-eral counsel for Central Bank and Central Ban-company, Jefferson City. Hehasbeenwith the bank for 11 years. Hewillalsoassumetheroleof corporate secretary for Central Bank and Central Bancompany. Jeff Kennedy has joined OzarkBank,Ozark,asavicepresident-commercial loan officer.Hehasmorethanfiveyears of experience in the
Ron Medin
financialindustry. Jeannie Brown was promoted to assistant vice president/loan assistant at Mid-Mis-souri Bank, Bolivar. She has been with the bank since 1999. Desarae Lightfoot was pro-moted to assistant vice president/personal banker at
Jeannie Brown
Desarae Lightfoot
Mid-Missouri Bank, Bolivar. She has worked in banking forfiveyears. U.S Bank in Joplin has established a private banking officeandhasnamedAngel Brown and Melissa Rodg-ers to its new private bank-ing team. Brown is a private banking relationship manager
Angel Brown Melissa Rodgers
Michael Montana
tration and branch communi-cations. Stacie King has joined Bank of Weston as control-ler. Tina Rennie was elected assistant vice president and is responsible for loan adminis-tration. Matt Parker was elected assistant vice president at BankofWeston.Heisaloanofficer. Eileen Frad was appoint-ed board secretary at Bank of Weston. Jan Specht was appointed administrative assistant at Bank of Westion. She will assist Karen Phillips and be responsible for IRAs and staff training coordination. Becky Wepler joined KCB Bank as vice president-loanofficer.She has experience in loan servic-ing in both commercial and residential areas, management and tech-nical support.
Becky Wepler
Page 15The Missouri Banker July 18, 2013
Paid Advertisement
Get the local merger and acquisition knowledge you deserve
The Capital Corporation L.L.C.
8000 W. 110th Street - Suite 130 - Overland Park, Kansas - 913-498-8188
Bob Wray Dean Johnson George Thompson
www.thecapitalcorporation.com
April 5, 2013
Freedom Bank of
Southern Missouri Cassville, Missouri
has acquired
Community Bank
Shell Knob, Missouri
October 10, 2012
Randy Shannon Investor Group
Amsterdam, Missouri
has acquired
Security Bank Rich Hill, Missouri
June 21, 2013
Preferred Bank
Rothville, Missouri
has acquired
Napoleon Bank Napoleon, Missouri
November 16, 2012
Exchange Bancorp, Inc.
Fayette, Missouri
has acquired
State Bank of Slater Slater, Missouri
Pending
Wildcat Bancshares, Inc.
Rogersville, Missouri
has agreed to acquire
Citizens Bank Rogersville, Missouri
November 30, 2012
First Missouri Bancshares
Brookfield, Missouri
has acquired
Citizens Bank Blythedale, Missouri
November 30, 2012
Pony Express Bancorp
St. Joseph, Missouri
has acquired
Don-Co. Investment Co. and 1st Bank of Troy
Troy, Kansas
February 8, 2013
KCB Bank
Kearney, Missouri
has acquired
Northland National Bank
Gladstone, Missouri
Achievements
Jay Roderick joined the lending staff at Farmers State Bank, Bolivar.Hehas 13 years of banking experience and also has been engaged in agriculture. Jeff Pyatt was promot-ed to chief operations officeratFirst Com-munity Na-tional Bank, headquartered in Steelville. Hehasbeenwiththebankfor 12 years.
Jay Roderick
Jeff Pyatt
Adam House-wright was pomoted to senior credit analyst and relationship manager at First Com-munityNationalBank.Hehas been with the bank for six years. Bobbie Stiritz was promoted to sales manager and relation-ship man-ager at First Community National Bank. She has been
Adam Housewright
Bobbie Stiritz
with the bank for seven years. Peggy Miles was promoted to relationship manager of the Steelville Financial Center at First Commu-nity National Bank. She has been with the bank for seven years. Teresa Fudge was promoted to relationship manager of the Cuba Financial Center at First Com-munity National Bank. She
Peggy Miles
Teresa Fudge
hasbeenwiththebankfor24years. Barbie Hoke was promoted to relationship manager of the Sullivan Financial Center at First Com-munity National Bank. She hasbeenwiththebankfor16years. Jill Fick was pro-moted to relationship manager of the Vienna Financial Center at First Com-
Barbie Hoke
Jill Fick
munity National Bank. She has been with the bank for 15 years. Bobby Jones was promoted to relationship manager of theEurekaFinancial Center at First Commu-nity National Bank.Hehasbeenwiththebank for six years and also serves as the secondary mar-ket manager. Vicki Lindsay was ap-pointed corporate secretary at Guaranty Federal Bank Bancshares and Guaranty Bank,Springfield.Shehas25years of banking experience.
Bobby Jones
Page 16 The Missouri Banker July 18, 2013
MO Banker1/6 pg2013
Paid Advertisement
Achievements Michele Shroyer has joined Arvest Bank in Branson as branch manager in the down-town location. She previously managed the ArvestBanklocationinHol-lister. Kait-lyn Love has joined Arvest Bank as branch manager at 139 Gage Dr.inHol-lister. She has worked as an assistant manager for the past two years. Sean P. Calhoun has joined Arvest Bank in Branson as a com-mercial lender.He
Michele Shroyer
Kaitlyn Love
Sean P. Calhoun
will work in the Branson Downtown and Forsyth loca-tions. Ray Tubaugh was named regional loan manager for Arvest Bank. Hewillbelocated at the Carthage branch and will oversee Pittsburg, Ne-vadaandLockwood.Hehasmore than 30 years of bank-ing experience. Jessica Adkins was named branch manager for Arvest Bank in Carthage. She has fiveyearsof banking experience. Carmen Williams has joined Arvest Bank and will serve as branch manager in Nevada. She has four years
Ray Tubaugh
Jessica Adkins
of experience as a branch manager. Carrie Martin joined Arvest Bank as branch man-ager for the Range Line loca-tion in Joplin. She has nine years of banking experience.
John Kleiboeker has joined Arvest Bank to work with agriculture and commer-cial lending and business developmentinMonett.Hehas more than two years of banking experience.
Jennifer Oeltjen joined Arvest Bank as branch man-ager in Lock-wood. She has14yearsof banking experience.
CarmenWilliams
CarrieMartin
Almost48percentoftheworkforcehasno employer-offered retirement plan. IRAs can solve the retirement dilemma for those workers, and MBA is holding an IRA School in September to train bank employees about IRAs. The three-day school will be held Sept. 10 to 12 in Columbia at the Stoney Creek Inn. The school will cover Traditional IRA, RothIRA,HealthSavingsAccounts,SEP-IRAandSIMPLE-IRA.NewIRApersonnelandthebankcanbenefitfromtheschool,because the school offers a quick, compre-hensive way to train employees about IRAs andHSAs. Experiencedpersonnelcanbenefitbecausethe school is more comprehensive than a one-day seminar. The class content covers new materials and reinforces old materials.
Some of the new topics that will be dis-cussed include:
• Current events: New and proposed legislation
• Conversion rules and why convert• Charitable distribution 2013• Update on fee disclosures• Trustbeneficiaryrules• Minors as account holders or as
beneficiaries Eachdaybeginsat8:15a.m.Thereisaone-hour break for lunch which is provided, andclassendsat4:45p.m.MikeNelson,MBA’s long-time IRA instructor, will teach the school. For more information, visit the MBA website at www.mobankers.com or call theMBAEducationDepartmentat573-636-8151.
IRA School to be held in September
John Kleiboeker
Jennifer Oeltjen
Adam Maggard has ac-cepted a new position with Arvest Bank as commu-nity bank lender.Hehasbeen with Arvest for 10 years and has 11 years of banking experience. Tina Felder has joined Arvest Bank as branch manager in Monett. She has more than 10 years of banking experience. Deb-bie Bills has joined Arvest Bank inSpringfieldasconsumerloan man-ager. She has 25 years of lending ex-perience and has worked in real estate sales. Brenna Staples has joined Arvest Bank as branch manager in Carthage. She has eight years of banking experience. Trish Collins was pro-
Adam Maggard
Tina Felder
Debbie Bills
moted to branch manager at ArvestBankinSpringfieldfor the West Republic Road location. She has been with the bank for four years. James L. Smith joined Bank Star One as assistant vice president/operations manager in Fulton.Hewill manage operations for the Fulton and NewBloomfieldmarket.Hehas17yearsyearsofbankingexperience. Rick Rutledge was promoted to assistant vice president within the Con-sumer Lending Division at Boulevard Bank, St. Louis. Heworkswithbusinessestoincrease sales by providing financingoptionsfortheircustomers who may not have accesstofinancingthroughmore conventional channels.
Brenna Staples Trish Collins
James L. Smith
Page 17The Missouri Banker July 18, 2013
ATM Equipment/Service
Bankers Security Safe and VaultRaytown ..................... 877-358-0883
DieboldHazelwood ................. 314-801-6600
Federal Protection, Inc.Springfield ................. 800-299-5400
FISERVKansas City ................ 800-892-5907St. Louis ..................... 314-231-3800
Integrated Coating SystemsWichita, KS ................ 240-751-0800
Oppliger Banking SystemsOlathe, KS .................. 800-487-7875
Shazam NetworkJohnston, IA ............... 800-537-5427
TransFundTulsa, OK ................... 800-588-6816
Accounting/Auditing
BKD, LLPSpringfield ................. 417-865-8701St. Louis ..................... 314-231-5544
Brown Smith Wallace LLCSt. Louis ..................... 314-983-1200
Bush, Ramlow & Shore, P.C.Springfield ................. 417-877-0505
CBIZ & Mayer Hoffman McCann P.C.
Leawood, KS ............. 913-234-1000CliftonLarsonAllen
St, Louis ..................... 888-529-2648Cochran Head Vick & Co, PC
Kansas City ................ 816-584-9955Cummings, Ristau & Associates, PC
St. Louis ..................... 888-616-2727KPM CPAs
Springfield ................. 417-882-4300KPMG LLP
Kansas City ................ 816-802-5200St. Louis ..................... 314-444-1400
McGladrey, Inc.Kansas City ................ 800-274-3978St. Louis ..................... 314-241-4100
MIB Banc Services, LLCJefferson City ............. 573-636-9555
Rolf, Perrin & Associates, P.C.Fairway, KS ................ 913-671-8600
Sims & Riley LLCOverland Park, KS ..... 913-649-8100
The Whitlock Company, LLPSpringfield ................. 417-881-0145
Williams-Keepers LLCColumbia ................... 573-442-6171
Architects/Builders/Designers
Copeland Development andConstruction Company, Inc.
Chillicothe .................. 660-707-1412
Federal Construction, Inc.Springfield ................. 800-299-5400
NewGroundChesterfield ................ 888-613-0001
Auction Services
W Purple Wave AuctionManhattan, KS ........... 866-608-9283
West Central Auction CompanyHarrisonville ............... 800-823-4094
BOLI Executive Compensation
Banc Consulting PartnersBurnsville, MN ............ 612-210-7471
Bank Compensation Consulting, Inc.
Plano, TX ................... 800-781-2099Bank Financial Services Group
Edina, MN .................. 800-931-7782Equias Alliance
Prior Lake, MN ........... 952-435-7747Executive Benefits Network
Lawrence, KS ............. 785-838-9800
Brokerage/Investments Securities
Central States Capital MarketsPrairie Village, KS ...... 800-851-6459
FTN FinancialOverland Park, KS ..... 800-307-5421Memphis, TN ............. 800-307-5421
First Bankers’ Banc Securities, Inc.Overland Park, KS ..... 866-530-2846St. Louis ..................... 888-726-2880
First Empire SecuritiesHauppauge, NY ......... 631-979-0097
NFP Executive BenefitsMinneapolis, MN ........ 612-940-2843
Performance Trust Capital Partners, LLC
Chicago, IL ................ 800-843-6284REO Xpress
Arnold ........................ 800-381-2575Ross, Sinclaire & Associates, LLC
Doniphan ................... 573-343-4275Securities America, Inc.
Lavista, NE ................. 402-399-9111Stifel, Nicolaus & Company
St. Louis ..................... 800-679-5446The Baker Group
Oklahoma City, OK .... 405-415-7200UMB Bank, N.A.
Kansas City ................ 866-651-9262Vining Sparks
Little Rock, AR ........... 800-733-6938
Cash Management Services
FISBirmingham, AL ......... 888-323-0310Milwaukee, WI ............ 800-822-6758
Reich & TangSpringfield ................. 417-890-7250
Check PrintingInformation Solutions
W Deluxe Financial Services, Inc.St. Louis .......................800-DELUXE .................................(800-335-8931)
Check Recovery
W Re$ubmitIt, LLCLouisville, KY ......866-274-8900 x241
Collections
Shaffer & AssociatesColumbia ................... 888-261-5689
Communications
SpectrioOldsmar, FL ............... 800-584-4653
W TextCasterKansas City ................ 816-746-6835
Computer Software & Hardware
Banker’s ToolboxAustin, TX ................... 888-201-2231
CSI (Computer Services, Inc.) ................................... 800-545-4274
Harland Financial SolutionsLake Mary, FL ............ 800-989-9009
Jack Henry BankingMonett ......................... 417-2356652
LightEdge SolutionDes Moines, IA ........... 515-471-1256
Verafin, Inc.St. John’s, NL, Canada .. 866-781-8433
Consulting & Training Services
Ace in the Hole ManagementPacific ........................ 314-803-6593
Advanced Bank SolutionsOlathe, KS .................. 866-931-4682
CBCS Community Bank Consulting Services, Inc.
St. Louis ..................... 314-863-1954CrossFirst Advisors, LLC
Overland Park, KS ..... 913-754-9700DD&F Consulting Group
Little Rock, AR ........... 501-374-2600Dittrich & Associates
Joplin ......................... 417-208-2100John M. Floyd & Associates
Baytown, TX ............... 800-809-2307Pentegra Retirement Services
West Plains, NY ......... 800-872-3473Profit Resources, Inc.
Sarasota, FL .............. 941-955-3919
W Strunk and Associates, L.P.Kansas City, MO ........ 800-728-3116
Superior ConsultingSpringfield ................. 417-887-2124
Terry Compliance ConsultingSt. Louis ..................... 314-540-3122
Correspondent BankingBMO Harris Bank
St. Louis ..................... 314-543-3300Commerce Bank
Kansas City ....800-821-2182 x22488Country Club Bank
Kansas City ................ 816-751-9386First National Bank of St. Louis
St. Louis ..................... 877-472-6974Great Southern Bank
................................... 417-895-4749JP Morgan Chase & Company
Chicago, IL ................ 312-732-7981MIB - Midwest Independent Bank
Jefferson City ............. 800-347-4642Pacific Coast Bankers’ Bank
San Francisco, CA ..... 415-399-1900TIB - The Independent Bankers-Bank
Dallas, TX ................... 800-288-4842Texas Capital Bank
Kansas City ................ 913-549-3539UMB Bank, N.A.
Kansas City ................ 866-651-9262US Bank - Kansas City
Kansas City ................ 888-266-6261US Bank - St. Louis
St. Louis ..................... 888-465-4540Union Bank, N.A.
San Francisco, CA ..... 816-229-7884Wells Fargo & Company
St. Louis ..................... 314-955-6851
Data Processing
Missouri Valley Technologies LLCSt. Charles ................. 636-939-1441
Debit and Credit Cards
Security BankCard Center, Inc.Norman, OK ............... 405-826-5617
VantivCincinnati, OH ........... 513-900-4613
Deposit Acquisition/Retention
W Promontory Interfinancial Network
Overland Park, KS . . 866-776-6426
Executive & DirectorBenefit Plans
Bank Financial Services GroupEdina, MN .................. 800-931-7782
Bankers’ Resource Directory
Page 18 The Missouri Banker July 18, 2013
Bankers’ Resource DirectoryFinancial Education Services
W EverFi, Inc.Washington, D.C. ....... 319-290-9804
Funding
BancAllianceChevy Chase, MD ...... 301-232-5400
Federal Home Loan Bank of Des Moines
Des Moines, IA . . . . . 800-544-3452
Government Agencies
Missouri Agricultural and Small Business Development Authority
Jefferson City ............. 573-751-2129Missouri Development Finance Board
Jefferson City ............. 573-751-8479
IRA & Qualified Plan Services
Acropolis Investment ManagementChesterfield ................ 636-449-4900
W AscensusBrainerd, MN. . . . . . . 800-346-3860
IT Security Services
10-D SecurityOverland Park, KS ..... 877-204-5769
Guardian AnalyticsMountain View, CA .... 650-383-9200
Technology and Networking, Inc.Cape Girardeau ......... 800-455-2721
Insurance/Bonding
W ABA Insurance Services, Inc.Call MBA Insurance Group at800-234-4939
Agents National TitleColumbia ................... 866-483-2763
AmTrustCall MBA Insurance Group at800-234-4939
FinSecureCall MBA Insurance Group at800-234-4939
IAC GroupPrairie Village, KS . . . 800-821-5434
W J.T. Miller Company, Inc.Minneapolis, MN . . . . 800-328-4545
Kansas Bankers Surety CompanyTopeka, KS ................. 785-228-0000
Lee & Mason FinancialColumbia ................... 888-685-8442
Lenders Insurance Solutions Group, LLC
Ozark ......................... 417-581-8070
MBA Insurance HelplineJefferson City . . . . . . 800-234-4939
Mountain Life Insurance CompanyAlcoa, TN . . . . . . . . . 800-888-6542
Plateau GroupPrairie Village, KS ...... 800-821-5434
Spectrum Financial Services Inc.Omaha, NE . . . . . . . . 800-421-8339
W The Travelers Companies, Inc.Call MBA Insurance Group at800-234-4939
Truman Wilson & AssociatesLawrence, KS . . . . . . 816-387-1595
USAASan Antonio, TX ......... 210-498-1264
Winter-Dent & CompanyJefferson City ............. 573-634-2122
Investment BankingBloomberg LP
New York, NY ............. 212-318-2000Raymond James Morgan Keegan
Memphis, TN ............. 800-564-2249Sandler O’Neill & Partners, L.P.
NY, NY . . . . . . . . . . . . 800-635-6851The Capital Corporation, LLC
Lenexa, KS . . . . . . . . 913-498-8188UMB Bank, N.A.
Kansas City ................ 866-651-9262
Law FirmsArmstrong Teasdale LLP
Kansas City . . . . . . . . 816-221-3420St. Louis . . . . . . . . . . 800-243-5070
Bryan Cave, LLPKansas City . . . . . . . . 816-391-7649St. Louis . . . . . . . . . . 314-259-2000
Carnahan, Evans, Cantwell & Brown, P.C.
Springfield ................. 417-447-4400Hunton & Williams, LLP
Dallas, TX ................... 214-979-3000Husch Blackwell
St. Louis . . . . . . . . . . 314-480-1500Kansas City . . . . . . . . 816-983-8000
Kramer & Frank, P.C.St. Louis ..................... 800-288-5437
Lathrop & Gage LLCKansas City ................ 816-292-2000
Lewis, Rice & Fingersh, L.C.St. Louis . . . . . . . . . . 314-444-7600
Martin, Leigh, Laws & Fritzien, P.C.Kansas City ................ 816-221-1430
PolsinelliSt. Louis . . . . . . . . . . 314-889-8000Kansas City . . . . . . . . 816-753-1000Springfield ................. 417-869-3353
South & Associates, P.C.Overland Park, KS . . 913-663-7718St. Louis . . . . . . . . . . 314-655-7001
Spencer Fane Britt & Browne LLPKansas City . . . . . . . . 800-526-6529St. Louis . . . . . . . . . . 800-862-6869Jefferson City ............. 573-634-8115
Stinson Morrison Hecker LLPKansas City . . . . . . . . 816-842-8600St. Louis . . . . . . . . . . 314-863-0800
The Banking & Tax Law Group LLPLeawood, KS ............. 913-397-2701
Thompson Coburn LLPSt. Louis . . . . . . . . . . 314-552-6000
Lending Risk ManagementAlvarez & Marsal Financial Industry Regulatory Advisory Services
St. Louis ..................... 713-224-4706Cochran Associates
Jefferson City . . . . . . 573-634-4304
MarketingW Gremln.com
St. Louis ..................... 314-915-8738Harland Clarke
San Antonio, TX ......... 800-382-0818Farmington ................ 800-382-0818
W MPI CoinGrafton, WI . . . . . . . . 800-459-9487
W TextcasterKansas City . . . . . . . . 816-746-6835
Wheatland AdvisorsBelton ......................... 816-318-8884
Modular Banking FacilitiesMPA Systems, Inc.
Sanger, TX . . . . . . . . 888-233-1584
Mortgage LendingBanc Mac
Pawnee, IL . . . . . . . . 888-821-7729Missouri Housing Development Commission
Kansas City ................ 816-759-6600St. Louis ..................... 314-877-1350
Mortgage Services III, LLCBloomington, IL ......... 815-935-2300
Office Supplies & SolutionsW Office Depot
St. Charles ................. 636-358-9093Overland Park, KS ..... 913-358-0856
Other FinancialProducts & Services
Affordable Equity Partners, Inc.Columbia ................... 573-443-2021
W Community Bank Services/REOdeedwagon.com
Raleigh, NC................ 800-662-7044Jack Henry Banking
Monett ........................ 417-235-6652
MBA Bankers Service Corporation’s Title Service
Jefferson City . . . . . . 573-636-8151Missouri Corn Growers Association
Jefferson City ............. 573-893-4181State Farm Bank
Bloomington, IL ......... 309-735-0175Tipton Systems
St. Louis ..................... 800-899-2997
Payment Technologies
Clearent, LLCClayton ....................... 888-366-6390
FISJacksonville, FL ......... 888-323-3010
Jack Henry BankingMonett ........................ 417-235-6652
Resorts and Hotels
Tan-Tar-A Resort, Golf Club, Marina & Indoor Water Park
Osage Beach . . . . . . 800-826-8272
Shredding Services
W CintasHazelwood . . . . . . . . 800-795-7368
Training Services
UMB Bank, N.A.Kansas City ................ 866-651-9262
Travel Services
ACENDASMission, KS . . . . . . . . 913-671-7700 . . . . . . . . . . . . . . . . 800-544-3019
Trust Services
Citadel Trust AdvisorsSt. Louis ..................... 800-332-2963
Key
MBA Associate Members and MembersW Endorsed Vendors
Call Rachael Preston at573-636-8151
or e-mail her [email protected] more information about
becoming an Associate Member of the MBA
Page 19The Missouri Banker July 18, 2013
MBAdsSmall rural community bank in northwest Missouri has an open position for an individual with substantial computer knowledge and accounting or finance background. A four year college degree is preferred in one of these areas. The qualified individual will be capable of understanding network and system configurations and software applications. Also, be able to perform minor in-house system repairs and upgrades, and coor-dinate with third party vendors. Knowledge of financial account-ing and reconciliation of accounts would be beneficial. Excellent benefits provided. Salary commensurate with experience. Please forward your resume to Bank of Fairport, P.O. Box 217, Maysville, MO 64469 or [email protected]
Business Banking Relationship OfficerMoberly MO
Business Banking Relationship Manager II will attract and main-tain commercial customer relationships. Cross sell wide range of business products and services. Significant calling responsibili-ties. Strong compensation package including annual bonus pro-gram. Bachelors Degree in Finance or related degree program and 3 to 5 years commercial banking experience or related sales experience is necessary. To review job description and to apply, see our website at www.commercebank.com. An affirmative ac-tion/equal opportunity employer
Compliance Officer: Providence Bank, a community bank with over 120 years of strength & stability, is seeking an ex-perienced, self-motivated individual to join our Risk Manage-ment Team. This position will provide compliance support to all Providence Bank banking centers and employees, including compliance monitoring, education and training, and other duties as assigned. Bachelor’s or advanced degree from an accredited college or university is required. In addition, excellent com-munication, personal management and interpersonal skills are required. Professional certification in bank compliance preferred. Competitive salary and benefits package included. Providence Bank is a drug-free workplace. Please send resume and salary requirements to [email protected].
Providence Bank is a drug-free workplace.Equal Opportunity Employer
M/F/D/V
Commercial Lender: We are a community bank in Northern Jefferson County, MO seeking a Commercial Lender with experi-ence in Commercial Real Estate and C&I loans. Prefer a candi-date with a degree in a related field and at least 3-6 years of related experience. Primary responsibilities include responding
to customer requests for commercial, SBA, real estate and con-sumer loans within established guidelines through to closing.
Full time, excellent benefits, EOE.Send resume to: [email protected]
Midwest Independent Bank (MIB) of Jefferson City, MO is currently seeking a Chief Financial Officer. Responsibilities will include directing the profitability strategies of the bank, man-agement of the bank’s investment portfolio, funds management, capital planning, risk management, preparation of the annual budget, and the preparation, review and filing of various regula-tory reports. The position will also be responsible for reporting to the Board on regulatory and audit requirements. Candidate must have 10+ years of progressive experience in the area of finance which pertains to Accounting, Audit, Planning & Analysis and/or Operations. MBA and/or CPA preferred. To apply and view full details visit our website at www.mibanc.com and click on Employment.
UMB Bank (Kansas City, MO) is seeking a Senior Loan Re-view Officer to assist the Loan Review Manager in determining the credit risk of UMB’s highly complex large-dollar-amount loan portfolio and to make recommendations to senior management. All loan reviews are conducted at the holding company office in Kansas City, MO. 6+ years experience required. Extensive lending knowledge and well developed credit analysis abilities required. Position is flexible and can be a 24, 32, or 40 hour work week. Apply online at https://careers.umb.com.
Internal Auditor/Finance Position: Branson Bank, a $165 million state chartered bank with locations in Branson and For-syth, is seeking a qualified individual to join our team. This sala-ried position will involve both internal audit and finance related activities. Audit responsibilities will include conducting regular audit procedures, implementing necessary controls, monitoring and reporting information, etc. on a regular basis. Additionally, this position will support the bank’s CFO in a variety of finance and operations related activities.
A business or finance degree is preferred and a minimum of 5 years banking experience within these areas.
Branson Bank is a local community bank with strong values and a commitment to associates who join our bank family. Please submit resume to [email protected]
Loan administration position available. Knowledge of loan processing and lending compliance is necessary. Experience with word and excel software is important. Good hours, great benefits, nice working conditions. Salary commensurate with ex-perience. Send resume to State Bank of Missouri, P.O. Box 303, Grain Valley, MO 64029. EOE
For information about classified advertising in The Missouri Banker, visit the MBA website at www.mobankers.com. Or, call Sue Norfleet at the MBA at 573-6368151.
A Columbia, Missouri woman, Terri Lynn Johnson, 48,pleadedguiltyinfederalcourt on July 11 to charges of bank fraud and money laundering, which were part ofa$576,000mortgagefraudandembezzlementscheme at the title company
where she was employed. The charges were contained in a December 13, 2012 fed-eral indictment. Johnson was hired for a clerical position with Guar-anty Land Title Company in 2001 and was eventually promoted to become the
branch manager of the Fulton officeafterthecompanywas acquired by Landchoice Company LLC. She re-mained in that position until her termination on December 4,2008. Johnson admitted that she engaged in a $300,000 mort-
gage fraud scheme while she was employed as the Fulton branch manager. Johnson re-financedthemortgageonherresidence twice. As a result of the false and fraudulent information provided by Johnson, two banks approved mortgageloansfor$175,000
in2007andfor$125,000in 2008. The combination of those two loans clearly exceeded the appraised value of Johnson’s residence, which was used to secure both loans. Johnson also admitted thatsheembezzled$276,173from Landchoice. Johnson diverted income checks from Landchoice into a bank ac-count that had been opened for Guaranty Land Title Company and which her em-ployer did not know existed. She also diverted es-crow funds which had been obtained by Landchoice for loan closings into that ac-count. Johnson then wrote checks to herself that she deposited into her personal checking account. Johnson wrote checks totaling ap-proximately$59,465payableto herself or to cash. Johnson also wrote checks to Johnson Gardens (her personal business) totaling approximately $12,500. Johnson also wrote checks believed to be for her per-sonal use totaling approxi-mately$19,916.Inaddition,Johnsonutilizedadebitcardissued for the account, which sheusedtoaccess$184,292from that account for her personalbenefit. ThetotalpersonalbenefitrealizedbyJohnsonfromthisembezzlementschemeis estimated to be approxi-mately$276,173. Under federal statutes, Johnson is subject to a sentenceofupto40yearsin federal prison without pa-role,plusafineandanorderof restitution. A sentencing hearing will be scheduled after the completion of a presentence investigation by the United StatesProbationOffice.
Columbia woman pleads guilty in $576,000 mortgage fraud, embezzlement schemes
Page 20 The Missouri Banker July 18, 2013
Tim Bosch is a Vice President in the Safety and Soundness unit, Division of Banking Supervision and Regulation of the Federal Reserve Bank of St. Louis. Tim is a graduate of the University of Missouri – Columbia and the Madison Graduate School of Banking. He has 33 years experience with the Federal Reserve Bank of St. Louis in all phases of banking supervision and regulation, including operation of the discount window and payment risk management. Tim is currently responsible for all district safety and soundness examination activities which covers 112 state member banks and approximately 550 bank and savings and loan holding companies.
Timothy A. Bosch
Tentative Program8:00 a.m. Continental Breakfast & Registration
9:00 a.m. Welcome & Business Meeting
MBA Chairman Dave Turner - Hawthorn Bank Introduction of Regional Directors & At-Large Directors
9:15 a.m. Topics of Discussion
Max Cook, Bill Ratliff, Craig Overfelt and Keith Thornburg
• Recap of 2013 Legislative Session
• Upcoming 2014 State Legislative Session Issues
• 2014 Elections - PAC - Grassroots
• Federal Legislative & Regulatory Update
10:00 a.m. Regulator Panel
11:00 a.m. Q & A
11:30 a.m. Adjourn
Noon Lunch for Golfers at the Golf Courses
Golf - Tee times subject to change.
RegulatoR Roundtable2013 Regional Meetings
“The current structure of the U.S. banking industry uniquely positions it to serve the diverse needs of our economy. It has been shaped by market forces to most effectively serve the credit needs of our economy. Artificially altering this structure would only hamper the industry’s ability to meet our customers’ needs.” - ABA News Release
Registration FormRegional Meeting
Organization Information _______________Bank/Firm ___________________________________
Address _____________________________________
City/State/Zip ________________________________
Phone_______________________________________
FAX ________________________________________
Registrant ____________________________
Name _______________________________________
Title ________________________________________
E-Mail ______________________________________
Check one: Meeting Only Meeting/Lunch/Golf
Check Region(s) Attending: Region 1 & 3 Region 2 & 4
Region 5 Region 6 Region 7
Method of Payment ____________________Member Fees - Per Meeting, Per Person$50 - Meeting Only* ....................... # _________ $ ________$40 - Meeting Only - Each Add’l* # _________ $ ________$140 - Meeting, Lunch & Golf ** .. # _________ $ ________
Non Member Fees - Per Meeting, Per Person
$75 - Meeting Only* ...................... # _________ $ ________$65 - Meeting Only - Each Add’l* # _________ $ ________$180 - Meeting, Lunch & Golf*** . # _________ $ ________
Total amount due: $ _______
*Lunch is not included in the meeting only registration fee
Check enclosed. Made payable to MBA Invoice the bank Credit Card Payment - Only VISA & MasterCard accepted.
Visa MasterCard
Exp. Date ___________
No. _________________________________________
Print Name __________________________________
Signature ___________________________________
Ways to Register _________________By Fax Fax completed form to (573) 634-2754
By Mail Complete and mail form with fees to: Missouri Bankers Association P.O. Box 57 Jefferson City, MO 65102
Online www.mobankers.com
Dates & Locations _____________________Region 1 & 3 ................................................. August 14
Embassy Suites Kansas City Int’l Airport7640 NW Tiffany Springs Parkway - Kansas City
Golf Outing - Tee Time: @ 12:30 p.m.The National Golf Club of Kansas City
Region 6......................................................... August 15 Ramada Oasis Hotel & Convention Center 2546NorthGlenstoneAvenue-Springfield
Golf Outing - Tee Time: @ 12:30 p.m. Millwood Golf Course - Ozark
Region 7.........................................................August 28 Drury Lodge Cape Girardeau 104 South Vantage - Cape Girardeau
Golf Outing - Tee Time: @ 12:30 p.m.The Dalhousie Golf Club - Cape Girardeau
Region 5.........................................................August 29 Embassy Suites St. Louis/St. Charles Two Convention Center Plaza - St. Charles
Golf Outing - Tee Time: @ 12:30 p.m.Old Hickory Golf Club - St. Peters
Region 2 & 4 ........................................... September 10 Stoney Creek Inn & Conference Center 2601 South Providence - Columbia
Golf Outing - Tee Time: @ 12:30 p.m.Country Club of Missouri - Columbia
Guest Speakers
Richard (Rich) Weaver Missouri Division of
Finance
Regions 1 & 3, 5, 6, and 7
Debra (Debbie) HardmanMissouri Division of
Finance
Region 2 & 4
James D. LaPierreFDIC
Regions 5 and 7
John R. Jilovec FDIC
Region 2 & 4
Mark S. MoylanFDIC
Region 1 & 3
Kurt Hagedorn
FDIC
Region 6
Julie L. StackhouseFederal Reserve Bank
of St. Louis
Region 5
Tim Bosch Federal Reserve Bank
of St. Louis
Regions 2 & 4 and 7
Michael G. Koll, Sr.OCC
Regions 1 & 3 and 6
Dan ThorensenOCC
Region 7
Mary Beth FarrellOCC
Regions 2 & 4 and 5
AllenNorthisanAssistantVicePresidentinBankingSupervision,Credit,CommunityDevelopmentandLearningInnovationoftheFederalReserveBankofSt.Louis.HehasservedinanumberofcapacitieswithinthisDivisionandpossessesabroadrangeofcommunitybanksupervisionexperience.HiscurrentresponsibilitiesincludeoversightforSafetyandSoundnessfieldsupervisionforbanksandbankholdingcompaniesinthestatesofMissouri,Tennessee,Illinois,andMississippiandcoordinatestheDistrict’sITandTrustsupervisionactivities.Previously,hehashadanumberofotherresponsibilitiesforotherfunctionswithintheDivisionincludingConsumerAffairsandCommunityReinvestmentActsupervision,CommunityDevelopment,SupervisoryRiskandPolicyAnalysis,andRapidCommunications.Duringtherecentbankingcrisis,hewasresponsibleforSafetyandSoundnessfieldsupervisionforthestatesofArkansas,Kentucky,andIllinoiswithintheDistrict.
Northhasledorparticipatedinnumerousinteragency,Systemandlocalinitiatives,andhasservedonkeySystemmanagementcommitteesduringhis18yearcareerattheFed.Inadditiontohisregulatoryexperience,hehastwoyearsofcommunitybankingexperienceworkinginconsulting,lendingandspecialassets.
Northisa1993graduateofMurrayStateUniversitywithabachelor’sdegreeinbusinessadministration,andearnedaFederalReserveSystemexaminercommissionin1997.Heismarriedandhasthreesons.
Allen North
Allen NorthFederal Reserve Bank
of St. Louis
Region 6
Tara HumstonFederal Reserve Bank
of Kansas City
Region 1 & 3