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 »
Over the past decade, diversity, equity and inclusion initiatives have become part of corporate culture. Employers began implementing hiring practices, training programs and internal policies aimed at promoting representation and equal treatment of minorities in all facets of employment. However, as a result of changes to the policy and legal landscape, these DEI initiatives have
The Indiana General Assembly concluded its work for the 2025 regular legislative session in the early morning hours of Friday, April 25, adjourning sine die just before 2 a.m. As is customary in a biennial budget year, the long session afforded lawmakers additional time to finalize fiscal priorities and consider a broad range of policy proposals. Although scheduled to run through April 29, legislators completed their work several days early despite the fast pace and the introduction of more than 1,200 bills. The session marked the beginning of a new chapter in state government under Gov. Mike Braun and featured major legislative activity focused on tax relief, fiscal reform and financial regulation.
2025 Legislative Session Summary Read More »
The Farmers State Bank, New Madison, Ohio, joined the Association in May. Under the direction of President & CEO J. Anthony Brown, the bank offers personal and business accounts for checking, savings, certificates of deposit and individual retirement accounts. Loan products for consumers include auto, mortgage and construction, with business and agricultural loan products for
Introducing New Bank Member Read More »
Lynn Chapman has served in the banking industry for 40 years. After 23 years at United Community Bank, Auburn, Illinois, she moved to Garrett State Bank in 2007 as vice president-operations. She now serves as vice president and senior operations officer. Monica Daulton, relationship manager with The Farmers & Merchants Bank, Boswell, has worked in
Anniversary Milestones Read More »
The slate of candidates for Indiana Bankers Association officers is set for 2026. Elections will take place at the annual business meeting at the IBA Annual Convention this September in French Lick. New officers assume their positions Jan. 1, 2026, and serve one-year terms.
2026 IBA Officer Candidates Read More »
The Indiana Bankers Association’s annual Mega Conference equipped Hoosier bankers with the tools, insights and strategies to embrace innovation, harness emerging technologies and drive sustainable success. This year’s theme, “Accelerating Growth,” underscored the need to evolve in a world where agility, innovation and leadership define the path forward. Attendees for 2025 held steady at more than 1,200, including an increase in two-day/full-conference registrations.
Accelerating Growth: 2025 Mega Conference Recap Read More »
8425 Woodfield Crossing Blvd.
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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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