ABA Banking Journal - June 2008 - (Page 3)

I~I IForld·(].ql.rtJIuli"lll. J.uJwhip .. Ad_"') Wntr 1875 . CONTENTS D EPA R T MEN T S BRIEFING _~ :~anedge? Do fee-based services have 7 COVER STORY: TOP COMMUNITY BANKS: How They Did .. Banking's top performers 28 By Vanessa Mambrino. Despite an economy that's beginning to sour, banks earning less than $3 billion in assets held their collective course. How did the best do it? Besides oJdMore rankings of community banks on www.ababj.com fashioned community banking, many leveraged native strengths with smart moves such as strategic restructuring to stay on a path of solid performance. : - - - The markets tend to reward - "them with higher valuations than traditional banks. Two analysts explain what creates the edge. By Bill Streeter Snapshot: net interest margins vary sharply with size 8 100th Anniversary: . '. Then&Now l0 When women• and machines - served support roles Letters 12 And How They Did it Charter Bank Five-timer credits success to basics 36 rtud: By Steve Cocheo. Nothing fancy-except consistent solid results. et!!.~ . Low-tech Charter Bank works the old-fashioned way, without overreliance on technology. ABA RESOURCES COMMUNITY BANKING ~ First East Side Savings Bank No regrets about moving to Florida 38 15 I , ·What? No annual surprise bonus?" 18 By Bill Streeter. Brian Kiley's move to Florida drew disbelief from his pals. It turns out, though, to have been a great move " EAST SIDE for the bank. Going south sent numbers north. SAVINGS BANK Incentive pay everybody gets is no incentive at all. Some CEOs now balk at bucks for all, and pay performers only, our roundtable reveals. Mackinac Financial Corp. Profits from a "rehabbed" bank 40 ~ By Steve Cocheo. New capital, new team, new attitudes; they MackJnacFinancial all helped take this Michigan bank from the rocks to fourthplace in its asset class. Pass the Aspirin When should training come inside? 24 The Peoples [ ] HBank SmallLauren Bielski. belies streak of reinvention 42 3 By town setting .~ Deep roots in a community with more than surface potential IS the secret to thiS bank's success. Got headaches? Try www.passtheaspirinplu5.com 11-1£ PEOPLES BANK TECH TOPICS -"'Il:"n. Managing the e-mail monster ON ABABJ.COM Have you seen our latest web 44 I\B \BANKINGlOURNAL :::; E-mail, now a primary channel of business discourse, finds itself subject to new scrutiny and new schemes to manage its risk. exclusives? Podcasts? Human resources roundtable podcasts; The coming funding glut?!; and The complete "Diary ofa Country Banker, » from the 19205. In Brief 48 COLUMNS Editor's Column Top performers by more than numbers .4 The IT that runs Wachovia Bank's credit card division, and FNBO Direct's savings contest are featured. The Economy A funny thing happened on the way to recession By SrottAnderson 64 COMPLIANCE CLINIC Handling PEPs in the age of "L'affaire Spitzer" .. 52 There are many things you can call domestic politicians, but don't call them "PEPs.» ABA Chairman's Position 16 Banker's Mart To advertise/Index of advertisers 61 62 Credit union campaign is paying dividends Coming in July's color print and digital magazines • Don't get redlated over 10 thelt red Ilags • Working out the loan blues Mailbox 54 • Where's the "green" in going green? • Subscribe at www.ababj.com ABA BANKING JOURNAL/JUNE 2008 3 http://www.ababj.com http://www.passtheaspirinplus.com http://ABABJ.COM http://www.ababj.com http://www.ababj.com

Table of Contents Feed for the Digital Edition of ABA Banking Journal - June 2008

ABA Banking Journal - June 2008 Contents Editor’s Column Do Fee-based Services Have an Edge? Snapshot: Net Interest Margins Vary Sharply with Size 100th Anniversary: Then & Now Letters ABA Resources ABA Chairman’s Position "What? No Annual Surprise Bonus?" Pass the Aspirin Cover Story: Top Community Banks: How They Did... ...And How They Did It Charter Bank First East Side Savings Bank Mackinac Financial Corp. The Peoples Bank Managing the E-mail Monster In Brief Handling PEPs in the Age of "L'affaire Spitzer" Mailbox Banker’s Mart To Advertise/Index of Advertisers The Economy

ABA Banking Journal - June 2008

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