2022 Vol. 106 No. 2

Hoosier Banker 39 1 supervisionoutreach.org/cecl 2 WYTIVZMWMSRSYXVIEGL SVK b QIHME ƤPIW WYTIVZMWMSRoutreach/cecl/scale_faqs.pdf?la=en 3 The peer data is for banks with assets of $1 billion to $10 billion. Bankers using SCALE may use data sources other than call reports. 4 supervisionoutreach.org/cecl/scale 5 supervisionoutreach.org/cecl/ric 6 webcaster4.com/webcast/page/584/41882 ACL. The webpage also includes an Ask the Fed webinar recording6 that addressed the SCALE tool, featuring experts from the Federal Reserve, the Financial Accounting Standards Board and the Conference of State Bank Supervisors. Indiana community banks headquartered in the Federal Reserve’s Eighth District with Welcome, New Members The Indiana Bankers Association welcomes new associate members to the IBA network. To learn more about associate membership, please contact Rod Lasley, VPEWPI]$MRHMERE FERO ASSOCIATE MEMBERS CORNER USDA Rural Development Anthony Kirkland, 260-244-6266, ext. 1144 usda.gov The USDA, Rural Development is a federal agency that provides loan funds and grant funds to support the economic and community development activities in rural areas, throughout its four programs areas: Housing; Water & Waste Water; Community Facilities; and Business Programs. Jeff Niesen has been promoted to executive vice president of Bankers’ Bank, Madison, Wisconsin. He has been with the company for 27 years, serving as an account representative in the operations department, closer and loan processor, fed funds trader and investment officer. CECL-related questions, or questions about the SCALE tool, should contact Allen North, supervision vice president, at Allen.North@ stls.frb.org. Community banks in Indiana that are headquartered outside the Federal Reserve’s Eighth District should contact their local Reserve Bank. HB IN MEMORY OF Charles W. Phillips, 94, retired director of the Indiana Department of Financial Institutions, died Jan. 13. He served more than five decades in the banking industry, first as an examiner with Federal Deposit Insurance Corp.; then as president of Floyd County Bank, New Albany, for more than 25 years; and finally as the DFI director for 16 years. His community outreach included support of Indiana University Southeast. Phillips was a graduate of the University of Kentucky, served in the Navy and the Air National Guard, and was a member of the Indiana Bankers Association 40 Year Club. HB

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