ABA Banking Journal - July 2011 - (Page 10)

bank notes “Hello, Washington. This is banking calling” Turning exam angst into actionable data with a new database The cliché says “The squeaky wheel gets the grease.” But in Washington regulatory headquarters, the squeaky wheel gets dismissed. Why? Regulators react to hard data—not to anecdotes about a single banker who received a visit from the “examiner from hell.” Thousands of exams take place annually, so one or two stories from a banking association representative don’t register much, according to Wayne Abernathy, ABA’s executive vice-president, financial institutions policy and regulatory affairs. Even worse, when the national or state trade group representative can only quote bankers anonymously, due to their fear of retaliation, the point weakens further, according to Roger Beverage, president and CEO of the Oklahoma Bankers Association. Coming up with something better than exam war stories takes a system, and it is here. The state bankers associations and ABA have come up with an online 10  |  ABA BANKING JOURNAL  |  July 2011

Table of Contents for the Digital Edition of ABA Banking Journal - July 2011

ABA Banking Journal - July 2011
Contents
Chairman’s View
Editor’s Column
Bank Notes
The Economy
Inside family banks
Pass the Aspirin
Tech Topics
New gold standard?
Still on their guard
Compliance Clinic
Compliance Inbox
ABA Resources
First Person: Special Edition

ABA Banking Journal - July 2011

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