ABA Banking Journal - November 2010 - (Page 6)

ABA ChAirmAn’s view | by steve wilson My goal: restoring banking to a position of honor When I was a young man, some three years out of college, I had to make a career decision that would determine how I spent the rest of my life. The choice was between continuing to serve our country as a Naval officer, or following in the footsteps of my father, Howard Wilson, who earned a position of honor and respect as an Ohio community banker. I chose community banking because it would enable me to put down roots and do something for a community. That was 35 years ago, a time when the public believed that being a banker was a noble profession. But today the public no longer holds bankers in high regard. And I want to change that. My goal as chairman of the American Bankers Association is to restore our industry to the position of honor it once held. To put my top priority into action, I am establishing an image committee to be led by ABA’s new Vice Chairman, Matt Williams, president, Gothenburg State Bank, Gothenburg, Neb., and my good friend, Bick Weissenrieder, chairman and CEO of The Hocking Valley Bank in Athens, Ohio. They will work with bankers and the ABA staff to help us reclaim the status we once enjoyed. We must convince our communities of the value of having a traditional regulated bank whose success is tied to the community’s success. That’s who we are and what we do. We need to tell that story because we stand a far better chance of winning in the political arena when we are also winning in the arena of public opinion. We build the future one customer at a time, one dream at a time, one family at a time, one business at a time—and we do that every single day. Most bankers are rightly proud of what we do. We need to share that pride with others, and I have some ideas on how we can do that. Let’s start with our own employees. Can they answer the critics of our industry that they meet as they go about their lives in our communities? We must make certain that our employees have confidence in themselves and their bank and that they understand the role that they and the bank play. I am also asking you to reach out and talk to the media. Get to know reporters on the business beat. When a story about banking breaks, you want to be the first person they call for perspective and comment. We cannot afford to let the media write our story without us. And seek out invitations to speak to the local Rotary and the Chamber of Commerce so you can get your story out to community opinion leaders. Together we will restore our industry to its rightful status. And we will rebuild public confidence in banking as we help our communities create new jobs for a stronger economy and a stronger America. n C M Y CM MY CY CMY “We have a far better chance of winning in the political arena when we are also winning in the arena of public opinion” Stephen P. Wilson Chairman and CEO, LCNB National Bank, Lebanon, Ohio K 6  |  ABA BANKING JOURNAL  |  november 2010 https://www.lcnb.com/index.asp

Table of Contents for the Digital Edition of ABA Banking Journal - November 2010

ABA Banking Journal - November 2010
Contents
Chairman’s View
Editor’s Column
The Economy
Bank Notes
ABA Community Banking: Chapter 12’s Bad Fit
Pass the Aspirin
Tech Topics
Capital Squeeze
Basel III Redefines Capital
Compliance Clinic
Compliance Inbox
ABA Resources
Investment Management
Surveys & Trends
First Person

ABA Banking Journal - November 2010

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