Bankers are urged to contact their lawmakers and ask them to support a Congressional Review Act resolution expressing disapproval of the Consumer Financial Protection Bureau's (CFPB) recent final rule under Dodd-Frank Act Section 1071.
The rule requires the collection and reporting of credit application data for small businesses, including women-owned and minority-owned small businesses, which may restrict access to credit for small businesses and create privacy risks. Does your bank want to enhance the financial knowledge of young people in your community? Help promote good financial habits across Nebraska by joining the 25 NBA members that sponsor an in-school savings bank!
For more than 20 years, in-school savings banks have been successfully implemented in Nebraska elementary schools. Students make weekly savings deposits at their school's branch, with the custodial account being managed by the school and audited by the partnering financial institution. Instead of interest, students earn incentives in the form of awards from the partnering bank. The program helps engrain savings as part of a student's future plans and build positive relationships with banks. Research shows students who participate in in-school savings programs are more likely to have a bank account in high school compared to non-participants. The Nebraska Council on Economic Education (NCEE) provides assistance to establish a program. The NCEE is currently looking for a bank in Kearney to partner with an elementary school interested in establishing an in-school savings branch. See a list of in-school savings banks here. For additional information or to get started, please contact Kara Heideman at the NBA at [email protected] or Dr. Jennifer Davidson at the NCEE at [email protected]. The NBA is proud to continue assisting the University of Nebraska in attracting and retaining outstanding students to the university system. The NBA's University Foundation Allocation Committee has awarded $140,100 for the 2023-2024 academic year, with the following allocations by campus: University of Nebraska at Kearney College of Business and Technology Scholarships - $20,000 University of Nebraska-Lincoln Department of Agricultural Economics Ag Banking & Finance Scholarships - $70,500 College of Business Department of Finance Scholarships - $8,000 College of Business Department of Finance Banking Game Subscription - $4,000 College of Business NBA Professorship - $10,000 Inclusive Business Leaders Scholarship - $1,600 University of Nebraska at Omaha Finance and Banking Scholarships - $21,000 Banking and Finance Academy Camp - $10,000 College of Business Administration NBA Professorship - $5,000 University of Nebraska Medical Center GE Dual-Energy X-Ray Absorptiometry Scanner - $3,900 Fisher Model 705 Sonic Dismembrator - $5,486 BioPac System - $13,999 The 2022-2023 UNL Ag Banking & Finance Program scholarship recipients and internship hosts; To date, over 160 students have completed an internship through the program. Since 2006, Nebraska banks have provided over $1 million for the scholarship program.
The NBA Foundation has awarded ten scholarships to students pursuing business- and banking-related degrees at state or privately funded Nebraska colleges and universities. Each student will receive $2,000 for the 2023-2024 academic year. Thank you to our member bankers who took the time to assist these exceptional students by writing a letter of recommendation! The list of recipients and their recommending bankers is below. 2023-2024 NBA Foundation scholarship recipients with NBA Chair Lydell Woodbury (First Nebraska Bank) and Chair-Elect Brad Koehn (Midwest Bank) at the 2023 NBA Annual Convention 2023-2024 Scholarship RecipientsKate Bruns | Bloomfield, NE Doane University; Major: Agribusiness Recommended by: Scott Schrempp, Bank of Hartington | Hartington Cael Dice | Lincoln, NE Nebraska Wesleyan University; Major: Accounting Recommended by: Kirby Reardon, West Gate Bank | Lincoln Cassidy Eckhardt | Lincoln, NE Nebraska Wesleyan University; Majors: Accounting, Data Analytics Recommended by: Seth Patrick, Union Bank & Trust Co. | Lincoln Henry Johnson | Omaha, NE Creighton University; Major: Finance Recommended by: Cooper Grabenstein, First National Bank of Omaha | Omaha Sawyer Kinnison | Nebraska City, NE Peru State College; Major: Business Administration Recommended by: Melissa Turner, Arbor Bank | Nebraska City Rody Lyon | Giltner, NE Concordia University; Major: Business Administration – Finance & Management Recommended by: Kierra Bennett, Jones Bank | Seward Charley Pugsley | Omaha, NE Creighton University; Majors: Finance, Business Intelligence & Analytics Recommended by: Cole Manternach, First National Bank of Omaha | Omaha Tommy Pugsley | Omaha, NE Creighton University; Major: Finance & Technology Recommended by: Anna Castner Wightman, First National Bank of Omaha | Omaha Sabrina Renderos | Crete, NE Doane University; Majors: Business Administration, Spanish Recommended by: Bobbi June, Union Bank & Trust Co. | Crete Delaney Schmer | Harvard, NE Chadron State College; Major: Business Administration Recommended by: Melissa Rath, Cornerstone Bank | Sutton To be eligible for the scholarship, students must reach a college junior- or senior-level status for the respective award year, maintain a minimum grade-point average of 3.0 and must be pursuing a business-related degree at a state or privately funded Nebraska college or university. More About the NBA Scholarships For More Information Contact: Kara Heideman, Director of Communications & Marketing |
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September 2024
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