New this year, we partnered with Industry Insights to bring you the most comprehensive compensation and benefits survey with 478 financial institutions participating from the six-state collaboration - Illinois, Iowa, Ohio, Missouri, Nebraska, and Kansas.
If you have not received access to the 2023 results and are interested, simply complete the form in the link below and email it to [email protected] or fax to 402-474-2148. Thank you to all the Nebraska banks that were able to participate! We look forward to even greater participation next year once everyone sees the robust features now available. NBA Chair Lydell Woodbury, First Nebraska Bank (Valley), hosted NBA and NBISCO Boards of Directors meetings this week at First Nebraska Bank in Elkhorn. The NBA Board was fortunate to be joined by Gov. Jim Pillen and Rep. Mike Flood. Over breakfast, Gov. Pillen addressed Nebraska's ag economy, workforce and childcare issues. Rep. Mike Flood joined the group for lunch, where the discussion centered around his role on the House Financial Services Committee, cybersecurity and digital assets. Other topics discussed include the NBA's Bank On Your Future workforce initiative and the possibility of creating a student membership to the NBA. Among the items approved by the NBA Board were:
The NBISCO Board of Directors reviewed member participation with preferred vendors and insurance products and discussed NBA Benefits Plans fees and potential new preferred vendors. Gov. Jim Pillen joined the NBA Board of Directors for breakfast. Rep. Mike Flood joined the NBA Board of Directors for lunch.
Participation in the Thumbprint Signature Program is a simple, low-cost way to deter identity theft and check fraud. Banks participating in the program ask non-customers requesting to cash checks to apply a thumbprint on the check, in addition to examining the standard forms of identification. The thumbprint serves as a positive ID for use by law enforcement if the check is fraudulent. The primary benefit of the program is that it serves as a deterrent. Those seeking to commit check fraud are unlikely to put their thumbprints on bogus checks.
Congratulations to former NBA member Jeffrey Schmid on his appointment as president and CEO of the Federal Reserve Bank of Kansas City. Schmid, a Nebraska native, began his career in 1981 as an FDIC field examiner in Kansas City, Mo. From 1989 to 2007, he served as the president of American National Bank (Omaha). He was the chairman and CEO of Mutual of Omaha Bank from the bank’s establishment in 2007 to its sale to CIT Group in 2019. He then joined Dallas-based Susser Bank as CEO. In 2021, he was named the Southwestern Graduate School of Banking Foundation president and CEO.
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