Hoosier Banker 35 There’s lending, and there’s intelligent lending. The tools to succeed in every stage of your lending lifecycle. Learn more at spglobal.com/commercial-lending Copyright © 2019 S&P Global Market Intelligence Inc. All rights reserved. Market Insight & Lead Generation Pricing & Total Relationship Optimization Portfolio & Lender Performance Analysis Credit Surveillance & Portfolio Tracking Credit Analysis & Assessment Additionally, one could easily argue that it is only going to increase each year. Banks rely heavily on third-party service providers for their IT and cybersecurity systems. The regulators expect continued due diligence with respect to third-party service providers. Recommendation – Utilize the publicly available resources from the regulatory agencies, including the FFIEC’s Cybersecurity Assessment Tool and the FDIC’s Information Technology Risk Examination work program. The Cybersecurity Assessment Tool will help look at your cybersecurity preparedness, and the FDIC work program will give you insight regarding what examiners will be assessing you on. 2018 was a great year for banking; however, the regulators feel that 2019 may present additional challenges and risks. Whether your next examination starts this coming Monday or in 18 months, always strive to improve your risk management processes. HB Congratulations to Luke Wiley of Center Grove High School, Greenwood, who won the nationwide Lights Camera Save! contest hosted by the American Bankers Association Foundation. He was sponsored by Security Federal Savings Bank, Logansport, which selected the video to submit to the national-level contest. As grand prize winner of Lights Camera Save!, Luke won $5,000 toward his savings goals. Additionally, his school won a scholarship for a teacher to attend the annual Jum p$tart National Educator Conference. The winning video, “A Time to Save,” uses humor and special effects to emphasize the need to establish and maintain sound savings habits. The annual Lights Camera Save! competition invites banks to sponsor area contests among high school students to create videos that promote saving for the future. Area winners are then entered into the national-level contest, from which five finalists are selected. Security Federal Savings Bank additionally gave cash awards to the top three finalists of its area contest. Student Sponsored by Security Federal Savings Bank Wins Nationwide Video Contest “A Time to Save,” created by Luke Wiley of Center Grove High School and sponsored by Security Federal 7EZMRKW &ERO 0SKERWTSVX [SR ƤVWX TVM^I MR XLI Lights Camera Save! video contest. VIDEO BONUS To view the winning video of the Lights Camera Save! contest, click on the video icon in HB Digital.
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