OFFICIAL PUBLICATION OF THE INDIANA BANKERS ASSOCIATION

September 20, 2024

Regional Meetings: New Look, Same Mission

This year, IBA’s Regional Meetings are getting a significant overhaul. Building on last year’s meetings, the IBA Government Relations team has introduced several new features to enhance this key element of our grassroots program. The revamped meetings will offer fresh, valuable content for both members and legislators, ensuring every participant gains meaningful insights and connections.

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Compliance Connection: Indiana Fair Lending Regulations

Question: We recently denied an applicant for a mortgage loan based on our established underwriting criteria. The individual is claiming our decision to deny his loan was based on race and is threatening to report us to the Indiana Civil Rights Commission if we don’t re-underwrite the loan and approve his request. While I’m familiar with the federal fair lending laws, is there an Indiana law we should also be complying with in this area?

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Ben-Bochnowski- Chairman IBA FEATURE

Chairman’s Report

It’s hard to believe that by the time you read my next letter, we’ll hopefully know who the next president of the United States will be. We’ll definitely also know the results of the Federal Home Loan Bank of Indianapolis’ board elections. Ballots are scheduled to be distributed to member banks on Tuesday, Sept. 24, with a deadline to return your completed ballots by Friday, Oct. 25. Results will be calculated and announced in late October or early November.

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Vantage Viewpoint

After a wonderful – and all too short – summer, school is back in session. As students head back to class, the IBA is also gearing back up for its busy fall schedule. There are dozens of opportunities to grow with your fellow bankers through professional development, networking and more over the next two months, including in-person seminars and virtual opportunities. Check out the educational calendar on page 8 to see what will best help you grow in your career path.

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