Hoosier Banker 43 This information is provided for general education purposes and is not intended to be legal advice. Please consult legal counsel for specific guidance as to how this information applies to your institution’s circumstances or situation. Woman of the Year Award Sponsored by See details and webform at indiana.bank/woman-year-award, or contact Laurie Rees at Lrees@indiana.bank, to nominate yourself or another woman in banking by Sept. 3. The IBA Woman of the Year award celebrates a woman in banking who excels at her profession, is active in the community, and supports other females to reach their full potential — whether in banking or other fields. This is a bank-wide opportunity, with emphasis on ability to lift other women to help them succeed. Nominations are now open! 1 A “holder in due course” means the holder of an instrument if: (1) the instrument when issued or negotiated to the holder does not bear such apparent evidence of forgery or alteration or is not otherwise so irregular or incomplete as to call into question its authenticity; and (2) the holder took the instrument: (A) for value; (B) in good faith; (C) without notice that the instrument is overdue or has been dishonored or that there is an uncured default with respect to payment of another instrument issued as part of the same series; (D) without notice that the instrument contains an unauthorized signature or has been events is the responsible party. For that bank to recoup its losses, it will need to pursue its own customer who, as it turns out, falsely claimed the cashier’s check was stolen. HB altered; (E) without notice of any claim to the instrument described in IC 26–1–3.1–306; and (F) without notice that any party has a defense or claim in recoupment described in IC 26–1–3.1–305(a). I.C. § 26–1–3.1–302. 2 South Central Bank of Daviess County v. Lynnville Nat. Bank, 901 N.E.2d 576 (2009) 3 Munson v. Am. Nat’l Bank & Trust Co. of Chicago, 484 F.2d 620, 623 (7th Cir.1973) 4 IC § 26-1-3.1-104(g) 5 IC § 26-1-3.1-411(c) 6 IC § 26-1-3.1-411 Three recipients of the 2021 Prochnow Educational Foundation/Indiana Bankers Association Scholarship have been named. The scholarships, valued at $4,500 each, provide an annual discount from the regularly charged fees for the three-year Graduate School of Banking at the University of Wisconsin. Every year, two scholarships are provided by the IBA Foundation to individuals, and one is provided by the GSB Banker Advisory Board to an IBA-member bank, which selects a banker. Congratulations to the 2021 recipients: Nanci A. Jackson serves as senior vice president of Kentland Bank, which she joined as a teller/financial services representative in 1998. She has since served in several positions and was named to her current title in 2020. Jackson is a member of the IBA Future Leadership Division and has been active with the Kentland Area Chamber of Commerce, Junior Achievement and the Kankakee Valley High School Music Booster Club. She attended Joliet Junior College and Lewis University. Jackson was awarded the scholarship by the IBA. Steven A. Walter is senior vice president of retail banking of The Farmers Bank, Frankfort. He joined the bank in 2017 after serving as a regional manager at PNC Bank, NA, Fort Wayne. Walter had prior experience as a general manager with Marriott Corporation. Scholarships Granted for GSB His community service includes activity with COACH Kids, Leadership Fort Wayne, boards of Civic Theatre and Fort Wayne Ballet, and Wildwood Park Community Association. Walter earned a bachelor’s degree from Tiffin University and an MBA from The Ohio State University. He was awarded the scholarship by the IBA. Megan Mackley serves as associate vice president, senior credit analyst of First Savings Bank, Jeffersonville. She joined the bank in 2016 as a credit analyst and was named to her current position in January. Mackley is an alumna of Sigma Kappa Sorority, for which she advises the collegiate vice president of finance. A graduate of Indiana University Southeast, she earned credit risk certification from the Risk Management Association. The Banker Advisory Board provided the scholarship to First Savings Bank, which selected Mackley as recipient. The Herbert V. Prochnow Educational Foundation, a not-for-profit support organization of the Graduate School of Banking, has been promoting the growth of banker education throughout the United States since its establishment in 1945. For more information about the scholarships, please contact Laurie Rees at the IBA at lrees@indiana.bank, 317-387-9380. For details about the Graduate School of Banking, visit gsb.org. HB
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