OFFICIAL PUBLICATION OF THE INDIANA BANKERS ASSOCIATION
I’ve been participating in ABA Foundation events since I became CEO at ABA 10 years ago, and I always look forward to going out into classrooms and spending time with young people in our community – just as I know so many of you do.
A Legacy of Financial Literacy Read More »
Cheryl Sondgeroth, vice president, computer operations officer and information security officer at The Farmers and Merchants Bank, Boswell, will retire from the bank effective July 31. She spent her entire 45-year career with the bank, starting as a teller and working her way up through bookkeeping, loan clerk, trust & stockholder accounting and digital banking. Sondgeroth volunteers at numerous local organizations, including the local high school. She is a member of the IBA 40 Year Club.
Question: A customer was recently the victim of a phishing fraud where they were convinced by a caller claiming to be with our bank to log in to a webpage and provide their access credentials – the fraudster then initiated a large wire transfer to a foreign account. The customer wants the bank to reimburse them for the loss. Who bears the loss of a fraudulent wire transfer under these circumstances?
Compliance Connection: Phishing and Fraudulent Wire Transfers: Who Bears the Loss? Read More »
1st Source Bank / South Bend Brian Duba has been promoted to general counsel and secretary for the bank and its holding company. He retains his officer status of senior vice president. Duba has served as deputy general counsel since September 2024 with broad legal experience in banking, industrial production, real estate and private practice
Bankers on the Move Read More »
8425 Woodfield Crossing Blvd.
Suite 155E
Indianapolis, IN 46240-7321
Phone: 317.387.9380
1345 East 3900 South #206
Millcreek, UT 84124
Phone: 801.676.9722
Fax: 801.742.5806
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