Pub. 16 2021-22 Issue 1

NEBRASKA BANKERS ASSOCIATION 9 Contact Richard Baier at (402) 474-1555 or richard.baier@nebankers.org . You’re preapproved for trusted advice! Your bank works hard to make customer dreams become reality. Don’t let complex regulations delay your next big transaction. Our talented, supportive pros can help you stay compliant, manage risk and grow strategically, so you can focus on building equity in your community. Everyone needs a trusted advisor. Who’s yours? bkd.com/fs • @BKDFS a graduation requirement. Finally, your NBA team worked closely with members of the legislature to amend and refine legislation (LB 649) to create a new Digital Asset Bank Charter in Nebraska. Our team provided a yeoman’s effort to slow this proposal down and offer a multitude of amendments to better protect the banking industry and our fellow Nebraskans. I will address this issue more closely in future columns. Following is a sampling of additional activities which reflect the accomplishments of your NBA over the past year: • All 166 member banks renewed their membership. • 85% of all Nebraska banks participated in the NBA VEBA health insurance. • NBA VEBA provided insurance coverage to more than 10,000 Nebraskans. • Through NBA philanthropic efforts, we awarded more than $153,000 in higher education scholarships and support. • NBA officers conducted more than 20 regional and national media interviews. • NBA member banks raised nearly $150,000 in industry contributions to support the NBA State and Federal Political Action Committees. • 15 Nebraska banks are active participants in the new Single Bank Pooled Collateral Program, covering more than $1.3 billion in public deposits. • The Robbery Reward Fund paid out more than $40,000 through for tips leading to the arrest of bank robbers. • The NBA rolled out, in cooperation with Compliance Alliance, new compliance audit and virtual compliance officer services. • Completed renovations and upgrades to the NBA offices in September 2020 • Your NBA experienced an extremely strong financial year which allowed for 20% membership rebates. While the pandemic has impacted many aspects of our lives, I am extremely proud of the role our member institutions and the NBA played in navigating these unchartered waters while planning for the future! 