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September 7, 2022

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Jacobson, Olson Honored for Contributions to Agriculture

The Nebraska Bankers Association (NBA) recognized Sen. Mike Jacobson of North Platte and Andy Olson of Hershey with the 2022 NBA Agri-business Recognition Award. The award has been presented each year since 1983 to individuals who have made significant contributions to the state of Nebraska and its agricultural industry. The presentation was made during the NBA’s Fall Agri-business Conference in Lincoln.

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Legislative, Policy & Regulatory Updates

Diversity Disclosure Comment Deadline Nears

The deadline to submit objections to a Department of Labor Office of Federal Contract Compliance Programs (OFCCP) disclosure of federal contractor diversity data is Sept. 19. The OFCCP considers banks to be federal contractors because they accept deposit insurance. 


The Center for Investigative Reporting made a Freedom of Information Act (FOIA) request seeking the disclosure of employee diversity data collected by the Department of Labor. Specifically, the FOIA asks the office to disclose data collected in “EEO-1 Reports” that federal contractors submitted between 2016 and 2020. 


The American Bankers Association (ABA) published a members-only staff analysis of the request and a template for banks to submit comments to the release of their EEO-1 Reports. 

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OCC to Lower Assessments in 2023

Effective March 2023, the Office of the Comptroller of the Currency (OCC) will reduce assessments for a bank's first $200 million in assets by 40%. The agency will also make a 20% reduction for bank assets between $20 million and $20 billion. "The purpose of this adjustment is to level the playing field with the cost of supervision compared to state community bank charters," said Acting Comptroller of the Currency Michael Hsu.

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OCC Releases Strategic Plan

The OCC’s new strategic plan outlines the agency’s priorities over the next five years, including diversifying its workforce, enhancing the implementation of risk-based supervision and reinforcing its commitment to community banks. 

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Upcoming Events

To see the complete event schedule, visit the NBA Event Calendar.

There are also many upcoming opportunities for online seminars, co-sponsored by the NBA and the Graduate School of Banking-Wisconsin. For more information, view the schedules by date: September | October | November/December.

Banks & Bankers

August 31 - September 6

Email your news, press releases, photos and/or newspaper articles to be published in Banks & Bankers. Send content to [email protected].

Discounted ABA Ag Banker Conference Rate for Nebraska Bankers

The 70th annual ABA Agricultural Bankers Conference is Nov. 6-9 in Omaha. Nebraska bankers can register for a special rate of $750. The discount is available to both ABA members and non-members.


Overdraft Fees Decline

According to research by, the average bank overdraft fee fell to $29.80, an 11% decline from last year’s record high of $33.58. The study also found ATM fees increased to an average of $3.14 per transaction.

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NBA Ag Banking and Finance Interns

Students enrolled in the Agricultural Banking & Finance Program at the University of Nebraska-Lincoln are required to complete a 10-week internship with a Nebraska bank following their junior year of college. The interns recently attended the NBA’s Fall Ag Conference in Lincoln.


If your bank is interested in hosting an intern through the NBA, please complete this form.

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