State Deposits in Indiana Financial Institutions
Jan. 1 – June 30, 2024

Vol. 108 2024 No. 5 / By the Indiana Bankers Association

Pursuant to Public Law No. 19-1987 sec 12 (IC 5-13-10-4), the Treasurer of State shall publish semi-annually in two newspapers of general circulation in the State of Indiana the average daily balances of the funds maintained in each financial institution designated as an approved depository, listing separately funds in accounts subject to withdrawal on demand or by negotiable orders of withdrawal and funds evidenced by other depository accounts. The accuracy of the computation of such balances shall be verified by the State Board of Accounts in the audit of the records of the Treasurer of State.

State Deposits in Indiana Financial Institutions

Jan. 1 – June 30, 2024

Lake City Bank Welcomes Summer Intern Class of 2024

Vol. 108 2024 No. 5 / By the Indiana Bankers Association

Lake City Bank, Warsaw, welcomed its summer intern class of 2024 in June…

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HR Topics: Common FLSA Mistakes and Misconceptions About Overtime Pay

Vol. 108 2024 No. 5 / By Debra A. Mastrian, Amundsen Davis LLC

The Fair Labor Standards Act is a federal law that sets minimum wage and overtime requirements for covered employees. Under the FLSA, employees must be properly classified as either exempt or nonexempt. Exempt employees are not subject to the minimum wage and overtime protections of the FLSA, whereas nonexempt employees are and must be paid minimum wage and overtime pay (1½ times their regular rate of pay for all hours worked over 40 hours in a workweek).

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In Memory Of …

Vol. 108 2024 No. 5 / By the Indiana Bankers Association

We remember and honor those who were a part of the Indiana Bankers Association who have passed on from this life.

In Memory Of … Read More »

Banking on Community

Vol. 108 2024 No. 5 / By the Indiana Bankers Association

Highlighting local banks and non-profits for the efforts that they are making to give back to the communities they are in. through service and donations.

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Bankers on the Move

Vol. 108 2024 No. 5 / By the Indiana Bankers Association

We recognize the efforts and accomplishments of bankers around the state.

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Banker Profile: Mollie Fry
Director of Wellbeing & Total Rewards – First Financial Bank, Cincinnati

Vol. 108 2024 No. 5, Vol. 108 2024 No. 5 Feature / By the Indiana Bankers Association

What was your first job, and what did you learn from it?
I was a cashier for Tractor Supply Company when I was in high school! I can remember starting that job thinking it was going to be so easy and I would finally be making my own money.

Banker Profile: Mollie Fry

Director of Wellbeing & Total Rewards – First Financial Bank, Cincinnati

The “Other” CRA

Vol. 108 2024 No. 5 / By Robert S. Nichols, American Bankers Association

The banking agencies are tasked with writing and implementing regulations for the laws enacted by Congress, but they do not have free rein. In creating these rules, regulators must act within the boundaries of their statutory authority or run the risk of legal challenge – and the ABA has not been afraid to hold them accountable in court when they get it wrong. But Congress can also hold agencies accountable when there are policy disagreements by simply overriding final rules.

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Remaining Nimble Against a Litany of Regulation

Vol. 108 2024 No. 5 / By Rebeca Romero Rainey, Independent Community Bankers of America

Flexibility: It’s one of the characteristics that sets our community banks apart, enabling us to meet the needs of distinct communities in unique ways.

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Creating Connection Through Leadership

Vol. 108 2024 No. 5 / By Josh Myers, Indiana Bankers Association

Nearly 100 members of the IBA’s Future Leadership Division gathered Aug. 1-2 at the Renaissance Indianapolis North Hotel for the group’s premier event, the 2024 FLD Leadership Conference. This was the conference’s first year back on the north side of Indianapolis, offering a fresh venue with the added convenience of free parking.

Creating Connection Through Leadership Read More »

Vol. 108 2024 No. 5

Jan. 1 – June 30, 2024

Director of Wellbeing & Total Rewards – First Financial Bank, Cincinnati

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