9 HќќѠіђџȱ юћјђџ ђѐђњяђџȱ2016 level than at the state level. FIRREA, Riegle-Neal, FDICIA, Gramm-LeachBliley and the Dodd-Frank Act have ęȱȱȱȱǯ “Of course there are exceptions to every rule. The state legislature still ȱȱȱěȱȱȱȱ mortgage foreclosure rules and taxation issues, in particular. “During my association career, 1990-2016, we were blessed with two ęȱȱ¡ȱȱ and were able to erect stronger walls around the Indiana-unique Public Deposit Insurance Fund (PDIF). This pool of money was established by banks to protect taxpayers from increased local taxes in the event of a bank failure that resulted in a sizable loss to a public governmental entity. ȱ ȃ ȱȱȱȱ¢ȱĴȱȱ ȱĴȱȱǰȱ ȱ will try to divert its use to something other than its intended purpose. Creating stronger walls around the PDIF helps prevent legislative encroachment. “During my time, the merger of the IBA and the Indiana League of Savings Institutions in 2000, and the merger of the IBA and the Community Bankers Association of Indiana in 2006 were monumental achievements. This uniting of the ȱ¢ȱȱęȱ stability to the IBA, consistency in educational programming, and more ěȱ¢ȱȱ ȱ and with the Indiana delegation in Washington, DC. Add to that the success of the New Markets Tax Credits program and the strength and ȱȱȱ ȱěǰȱȱȱȱ is that the IBA is among the strongest state bankers associations in the country today. ȱ ȃ ȱȱęȱȱ ȱȱ ęȱȱȱȱȱ 2008, resulting in a serious tarnishing of banking’s historic pristine image. While the situation has improved, the industry has not recovered the ȱȱȱęȱȱ previously had characterized banking throughout my life. “There remains plenty for future generations to work on. Improving our image; continued technological advances; adjusting to the continuing consolidation of the banking industry; leveling the competitive ¢ȱęȱ ȱȱǰȱȱ Farm Credit System and nonbank ęȱȱDzȱȱ stemming the regulatory onslaught from Washington, DC, are all issues to be dealt with. “All in all, it was a great honor to ȱȱȱȱǷȄ S. Joe DeHaven ,%$ 3UHVLGHQW &(2 SOgroup
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