Hoosier Banker 35 Completed a compliance or safety and soundness exam in the last 12 months? Let your voice be heard. Go to allbankers.org/request.php to share anonymous information about your last examination. Have an upcoming examination? Email Don Musso at dmusso@finpro.us, call FinPro at 908-234-9398, or contact IBA’s Rod Lasley, rlasley@indianabankers.org, to request a custom exam preparation report. Ike G. Batalis, 70, retired founder and president of MetroBank, Carmel, died Jan. 23. He was a past president and chief executive officer of First National Bank of Cassopolis and also served as president of the former Wainwright Bank, Noblesville. In 1988 Batalis founded MetroBank and served as its president until 2003. After retirement, Batalis served Krieg DeVault LLP as a financial consultant. Active in the community, Batalis was a graduate of Indiana University and of the Graduate School of Banking at the University of Wisconsin. Jack Cunningham, 86, vice chairman of United Fidelity Bank, Evansville, died Jan. 7. He began his banking career in 1948 with Citizens Bank, Evansville. He later served in the Army Finance Corps in the Korean War, then resumed his career at National City Bank. In 1956 Cunningham joined Evansville Federal Savings and Loan Association, IN MEMORY OF found that an institution’s greatest chance for success in avoiding surprises during the examination process is to stay educated on regulatory hot topics, use exam preparation reports, and control regular conversations with regulators by utilizing robust internal risk management (i.e. ERM) program reports. Continue providing examination feedback in the RFI and engaging state associations on legislative issues. As 2017 brings a new administration, there is much talk about the future of the Dodd-Frank Act, Glass Steagall, the Gramm-Leach-Bliley Act, the Consumer Financial Protection Bureau, etc. Strategy consultants and banking associations’ government relations groups are institutions’ greatest advocates for improving bank policy and regulation at the federal level. Banks which complete the RFI survey provide guidance as to what “key issues they feel would reduce regulatory burden or increase the success of their next examination.” We are listening and are engaging in the necessary discussions on feedback received through the RFI: • Removing stigma of brokered deposits; • Implementing risk-based examinations; • Bifurcation of agencies based on institutions’ size; • Alleviating data required to fulfill HMDA requirements; • Reducing compliance burden on residential lending (TRID). Following these lessons is the start to improving the examination process. We hope to continue publishing these articles to (1) let you know that the state bankers associations are acting on your feedback, and (2) to assist you with navigating the regulatory environment. We encourage all institutions to complete the survey so that this initiative can continue to be a success. HB which later became United Fidelity Bank. In addition to banking, he was Indiana state campaign chairman for President Jimmy Carter, campaign manager for Congressmen David Cornwell and Phil Hayes, and was active with multiple other organizations. Cunningham attended Evansville College and was a member of the Indiana Bankers Association 40 Year Club. Robert M. McManaman, 94, chairman of The Fairmount State Bank, died Feb. 6. He joined the bank as a teller in 1946 and worked his way up to president and chairman; he retired as president in 1988. McManaman was a charter member and founder of the Fairmount Historical Museum and was active with various other community organizations. A veteran of the U.S. Army in World War II, he attended Indiana Business College and Syracuse University. HB CERTIFIED PUBLIC ACCOUNTANTS New Albany 812.945.2311 | monroeshine.com | Louisville 502.423.0311 VISION FOR TOMORROW EST 1925 KNOWLEDGE FOR TODAY AUDIT & ASSURANCE BSA & ACH COMPLIANCE CONSULTING SERVICES IT RISK MANAGEMENT LOAN REVIEW MERGER & ACQUISITION OUTSOURCED INTERNAL AUDIT SEC & SOX COMPLIANCE Throughout the decades our commitment to the financial institutions industry and technical knowledge, combined with outstanding responsiveness and service, has helped our clients manage complex issues and regulatory requirements.
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