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NBA Robbery Reward Fund Issues $20,000 to Omaha Crime Stoppers

The Omaha Crime Stoppers recently notified the NBA that an anonymous tip resulted in the arrest of suspects involved in a recent Omaha bank robbery. As a result, a reward of $20,000 was approved for the tipster responsible for the arrest.

In the early 1980s, the NBA established a robbery reward fund for its member banks. The fund has proven to be a valuable tool in bringing criminals to justice.

Through partnerships with the Nebraska, Lincoln, and Omaha Crime Stoppers, the NBA presents rewards to individuals who provide tips leading to the arrest and conviction of those responsible for bank robberies.

Thank you to the banks that have contributed to the NBA Robbery Reward Fund. Your support has made a significant impact in bringing criminals to justice.

For more information, contact Kara Heideman at the NBA at kara.heideman@nebankers.org or 402-474-1555.

Donations Needed for BankPAC Silent Auction

Husker volleyball tickets, a spa gift basket and premium whiskey are just a few of the items that have been generously donated to this year’s NBA State BankPAC Auction. Check out the full list here.

There's still time for you to make a difference by donating an item of your own! Your donated item should have a retail value of at least $100 and should be sent to the NBA by April 20. Your donation assists the banking industry in electing pro-banking, pro-business candidates. The annual NBA State BankPAC Auction will be held during the NBA Convention on May 3-5 at the Embassy Suites in La Vista.

If you have an item to donate or have questions, contact Jennifer Heaton at the NBA at jennifer.heaton@nebankers.org or 402-474-1555.

Donation Form

Legislative, Policy & Regulatory Updates

Bank Net Income Down in Nebraska, Nationally

Profits for Nebraska banks declined 12.8% in 2022 from the record level of $1.37 billion in 2021. Nationally, net income declined $16.1 billion from the historically high level of $279 billion in 2021. Despite the decrease, net income remains above the average pre-pandemic levels. Acting Federal Deposit Insurance Corporation (FDIC) Chairman Martin Gruenberg cited inflation, rising marketing interest rates and geopolitical uncertainty as significant sources of downside risk.

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State Tables

Supreme Court to Hear CFPB Funding Case

The Supreme Court will hear a case brought by two payday lender trade groups challenging the funding structure of the Consumer Financial Protection Bureau (CFPB) on the basis that it violates the separation of powers clause of the U.S. Constitution. The CFPB is unique among federal agencies in that it receives its funding directly from the Federal Reserve System based on a request from the Bureau's director. Last year, a three-judge panel in the Fifth Circuit Court of Appeals ruled in the case of Consumer Financial Protection Bureau v. Community Financial Services Association of America that the funding structure was unconstitutional. 

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FinCEN Issues Check Fraud Alert

The Financial Crimes Enforcement Network (FinCEN) has released an alert to financial institutions regarding a surge in check fraud schemes targeting the U.S. Postal Service. In collaboration with the United States Postal Inspection Service, FinCEN has identified warning signs to assist financial institutions in identifying, preventing and reporting suspicious activity related to check fraud resulting from mail theft.

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