27 Hoosier Banker March 2016 First Federal Savings Bank, Huntington, donated $26,000 in December to the Huntington County Community Foundation. With the assistance of Lilly Endowment funds, the donation was matched dollar-fordollar, resulting in a total donation of $52,000. The funds will be used to award Huntington County teachers with classroom education grants, as well as Make a Difference Grants to nonprofit organizations serving Huntington County. First Bank Richmond, NA, participated in the Junior Achievement Annual Bowl-a-Thon. The bank entered two teams and raised a total of $481. t . The La Porte Savings Bank, in observance of Martin Luther King, Jr. Day on Jan. 18, volunteered at La Porte County Family YMCA locations, with more than 100 employees donating their time. Employees assisted the Michigan City YMCA by painting bleachers, cleaning lockers, scrubbing walls, removing classroom carpet and providing clerical assistance, while other employees assisted the Duneland YMCA by painting two gyms and a conference room, preparing race packets for an upcoming event and assisting with children at the childcare center. First Bank Richmond, NA, employees coordinate Christmas projects each year to raise money in support of the community. In 2015 employees donated $500 to be used to purchase riding helmets for Sunrise Inc., a notfor-profit corporation that promotes health and social development of physically, mentally and socially disabled people through therapeutic horseback riding. Donations were also given to Communities in Schools to be used to provide support to students to stay in school. Employees of First Bank Richmond, NA, participate in the Junior Achievement Bowl-a-Thon. Shown are (left to right): Courtney Evans; Rebecca Shank; Justin Thompson; Nicole Thompson; and Brandy, Nolan and Ryan Lakes. Continued from page 26. Employees of The La Porte Savings Bank volunteer their time to two La Porte County Family YMCA locations in honor of Martin Luther King Jr. Day. First Federal Savings Bank, Huntington, presents a donation check to the Huntington County Community Foundation. Pictured (left to right) are: Michael Howell, Huntington County Community Foundation; Dr.Adam Drummond, principal of Lincoln Elementary; Stacia McElhaney, third grade teacher; Mike Zahn, First Federal Savings Bank president; and third grade teachers Stefanie VerBryck and Jo Keller. Follow Us onTwitter Follow the Indiana Bankers Association on Twitter @IndianaBankers for news about Association and advocacy issues. Additionally, follow @BankersSpeakUp for information about pressing industry topics. t Lucas White of The Fountain Trust Company, Covington, was one of six bankers nationwide to participate in a roundtable discussion hosted by the Financial Accounting Standards Board on Feb. 4 at the FASB offices in Connecticut. The purpose of the meeting was to discuss the upcoming release of the current expected credit loss (CECL) model. Following the event, White’s input was highlighted in an article, “Confusion reigns on the language of final CECL draft,” published Feb. 17 by SNL Financial. The article focused on confusion surrounding updates to the most recent CECL model, indicating: “The confusion at the roundtable, which was streamed as a webcast, was exemplified by an exchange between FASB representatives and Indiana community banker Lucas White.” Additional examples and quotes by White appear in the article. White attended the FASB meeting in his capacity as vice chairman of the Lending Committee of the Independent Community Bankers of America. He also is active with the Indiana Bankers Association; he is a past member of the IBA board of directors and immediate past president of the IBA Future Leadership Division. t White Participates in Key FASB Meeting
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