NBA BankPAC Had a Record-Breaking Year | |
With receipts totaling a record-breaking $168,894, the NBA BankPAC Committee exceeded its annual fundraising goal of $160,000 last year. Nebraska Bankers contributed $130,019 (with a goal of $107,000) to the State BankPAC and $38,875 (with a goal of $53,000) to the Federal BankPAC in 2022. Thank you for doing your fair share to help the industry achieve success in the political arena. These contributions truly make a difference by helping to protect and promote the banking industry in Nebraska.
The NBA BankPAC Committee ensures that all contributions go towards campaigns of candidates who support a strong, competitive banking system.
For more information, contact Jennifer Heaton at the NBA at jennifer.heaton@nebankers.org or 402-474-1555.
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State Sen. Kathleen Kauth (center) was one of the candidates who received support from NBA BankPAC last year. Kauth (Omaha) was recently elected to represent District 31. L to R: NBA Associate General Counsel Ryan McIntosh, Kristi Thornton (West Gate Bank, Omaha), NBA Chair-Elect Lydell Woodbury (First Nebraska Bank, Valley), NBA Chair Stephen Stull (Nebraska Bank, Hickman), NBA General Counsel Bob Hallstrom and NBA President and CEO Richard Baier | |
Nebraska Attorney General Mike Hilgers will discuss environmental, social and governance impacts on business and finance at the NBA Government Relations Forum on Jan. 26 in Lincoln.
Kelly Lammers, director of the Nebraska Department of Banking and Finance, Sens. Rob Clements (Elmwood) and Mike Jacobson (North Platte), along with the NBA Government Relations team, will also share their perspectives on the upcoming legislative session. Sen. Julie Slama (Sterling), the chair of the Banking, Commerce and Insurance Committee, has been invited to participate in the Forum as well.
In addition, state senators have been invited to lunch to provide you with an opportunity to have one-on-one discussions regarding issues of interest to you and your bank.
Register
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All employees of NBA-member banks are encouraged to apply to serve the banking industry as a member of an NBA committee. We need your participation to help bring a wide range of perspectives and experiences to NBA committees. Submit the volunteer form by Jan. 13 to be considered.
Volunteer Form
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Scholarships Available to Attend ABA Washington Summit | |
Don’t miss your opportunity to attend the NBA Washington Legislative Visit and the ABA Washington Summit in Washington, D.C. on March 20-22. Two $750 scholarships are available for emerging leaders or young bankers to attend. Registration for the event is free, so the scholarships may be used for hotel and travel expenses. To enter the drawing to win a scholarship, submit your information by Feb.13 to Ron Arrigo at the NBA at ron.arrigo@nebankers.org. | |
Legislative, Policy & Regulatory Updates | |
Legislative Update
The 2023 Nebraska Legislative Session began today. The first day’s agenda included the swearing-in of state senators and the election of Speaker of the Legislature and committee chairs.
Stay up to date by subscribing to the NBA Legislative Update. Sent every Friday during the legislative session, the newsletter recaps the week in the Nebraska Unicameral and issues affecting the banking industry.
Subscribe
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Digital Asset Depository Charter Application Opens
The Nebraska Department of Banking and Finance (NDBF) is accepting applications from corporations interested in obtaining a digital asset depository charter or financial institutions that want to operate a digital asset depository department. The new charter was authorized as part of the Nebraska Financial Innovation Act which was enacted into law in 2021. For more information, email the NDBF digital assets team at dob.digitalassets@nebraska.gov.
Application
Regulators Highlight Crypto-asset Risks
In a joint statement, the Federal Reserve, the Office of the Comptroller of the Currency and the Federal Deposit Insurance Corporation outlined several risks associated with crypto-assets. “Based on the agencies’ current understanding and experience to date, the agencies believe that issuing or holding as principal crypto-assets that are issued, stored, or transferred on an open, public, and/or decentralized network, or similar system is highly likely to be inconsistent with safe and sound banking practices,” the joint statement reads.
Learn More
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Jan. 11 – Employment Law Compliance for Banks Workshop, Virtual
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Jan. 12 – How to Catch Fraud How to Catch Fraud Seminar, Virtual
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Jan. 26 – State Government Relations Forum, Lincoln
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Feb. 7-8 – Operations Conference, Lincoln
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Feb. 13-14 – Mid-Winter IRA Essentials Workshop, Virtual
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Feb. 14 – Young Bankers Day at the Capitol, Lincoln
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Feb. 15-16 – Mid-Winter Advanced IRA Workshop, Virtual
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Feb. 17 – Health Savings Account Seminar, Virtual
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Feb. 22 – Safe Deposit: The Legal & Practical Issues Seminar, Virtual
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Feb. 22-26 – Bank Executives & Directors Conference, Cabo San Lucas, Mexico
To see the complete event schedule, visit the NBA Event Calendar.
Graduate Schools of Banking Opportunities
Enrollment is open for the Graduate School of Banking at Colorado’s next session, July 16-28, 2023, in Boulder, CO. Learn more and apply here.
The Graduate School of Banking-Wisconsin (GSB-Wisconsin) and the NBA are co-sponsoring a variety of schools throughout 2023, including: Bank Technology Management, Digital Banking, Financial Managers and Sales and Marketing. View next year’s full schedule here.
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Banks & Bankers
Dec. 21 - Jan. 3
Email your news, press releases, photos and/or newspaper articles to be published in Banks & Bankers. Send content to news@nebankers.org.
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Meet Dana Bhola, the new agency services accounts manager with NBSICO Agency Services. Dana is from Lincoln and graduated from Nebraska Wesleyan University and Lincoln Northeast High School.
What are you looking forward to in your new role?
Learning more about our insured relationships and further expanding my knowledge through designations and training.
What is your favorite thing about Nebraska?
Nebraska is home and will always be home to me.
What are your hobbies?
I love spending time with my family and friends; especially my partner, Alisa, her two daughters, and all of our cats. I’m also not much of a cook but my specialty is making charcuterie boards.
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Rural Workforce Housing Fund Application Opens | |
Matching grants are available for non-profits to develop workforce housing in rural areas. The Rural Workforce Housing Fund was established in 2017 after the passage of the banker-driven Rural Workforce Housing Investment Act.
Learn More
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Review and Compliance Alliance
Review Alliance
Did you know that banks should review their MLO's registration with the NMLS Resource Center on a periodic basis?
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Compliance Alliance
Q: Can CD early withdrawal penalties be waived? Are there any requirements that need to be met?
Learn the Answer
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