27 Hoosier Banker October 2015 make clear to Congress that such a bill would be unacceptable to the nation’s community banks. Now we must do it again. The American Bankers Association and the state associations mounted a major grassroots letter-writing campaign in August that resulted in an outpouring of banker comment letters to NCUA on the proposal. The letters may not persuade NCUA, but they will slow down the process. That gives us time to bring Congress into the debate. If you are facing unfair and unbridled credit union competition, write to your lawmakers today. (And if you aren’t, write anyway – because it’s just a matter of time before an aggressive credit union enters your market.) Let lawmakers know how the unlevel playing field between community banks and tax-subsidized credit unions is harming your ability to serve your customers. Unfortunately the NCUA’s business lending proposal is only the beginning. The agency has already announced that it has an expanded field-of-membership rule and a secondary capital proposal in the works as well. This rulemaking trifecta, which could seriously undermine bank competitiveness, puts NCUA in “captive regulator” territory, and it must be answered. The agency must be reminded not only of credit unions’ mission, but also of its own: to ensure a safe and sound credit union system. t Young & Associates, Inc. Consultants to the Financial Industry Capital Planning System Saves Time & E ort Field Tested Has Passed Regulatory Scrutiny Allows you to: • Develop a Base Case Scenario for minimum adequacy standards • Identify and Evaluate Risk for your bank • Stress Test Capital by loan classification (as recommended by the FDIC and OCC) • Perform Contingency Planning for stressed events • Generate Your Capital Plan in as little as 1 day! Pricing First Year License Fee — $1,095 Update/Annual License Renewal — $495 35 YEARS 1978 - 2015 + Denise A. Sudol has been appointed to the board of directors of Home Financial Bancorp and Our Community Bank, Spencer. She is an owner of the Agricultural Epitomist Apartments and The Dragonfly Gallery, and previously worked a family real estate and property development business in Jacksonville, Florida. Sudol serves on the board for Spencer Main Street. Darrell W. White has been appointed to the board of directors of Home Financial Bancorp and Our Community Bank, Spencer. He served 23 years in various positions with Van-Tec and Boston Scientific, four years as general manager of Metro Rapid Prototyping, and has served as chief executive officer of the Owen County Family YMCA. White earned bachelor’s and master’s degrees from Indiana University. t FroM the board rooM
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