Pub. 2 2013 Issue 3

4 l e a d i n g a d v o c a t e f o r t h e b a n k i n g i n d u s t r y i n k a n s a s 6 HB 2052 Amends the Kansas Personal and Family Protection Act By Kathy Taylor, KBA SVP- General Counsel 7 Freddie Mac Plus 1.5% Eliminated July 1 By Terri Thomas, KBA SVP- Legal Department 8 Bert Ely’s FARM CREDIT WATCH®: Shedding Light on the Farm Credit System, America’s Least Known GSE FCS Reports Record Earnings for 2012 By Bert Ely 10 Tri-State Leadership & Human Resources Conference 11 KBA Escorts Kansas Legislators to Federal Reserve Bank, Kansas City 12 SECURITY OFFICER’S BY-WORD OUT-OF-BALANCE CORRESPONDENT, TRANSIT, OR SUSPENSE ACCOUNTS RESULT IN lARGE LOSSES By Charles M. Towle, Senior Vice 14 Ag Bankers Review Current Economic Boom at their 2013 Conference 16 Lenders From Across the State 20 BLOK Session II Bank Leaders of Kansas 25 Vendor Oversight By Craig Schurr, CISSP, CCNP, MCTS 28 Protect Your Bank Against Potential Regulatory Pitfalls Full disclosure and consumer focus lead to compliance peace of mind By John M. Floyd, Chairman & CEO John M. Floyd & Associates (JMFA) © 2013 Kansas Bankers Association | The newsLINK Group, LLC. All rights reserved. The Kansas Banker is published eight times each year by The newsLINK Group, LLC for the Kansas Bankers Association and is the official publication for this association. The information contained in this publication is intended to provide general information for review and consideration. The contents do not constitute legal advice and should not be relied on as such. If you need legal advice or assistance, it is strongly recommended that you contact an attorney as to your specific circumstances. The statements and opinions expressed in this publication are those of the individual authors and do not necessarily represent the views of the Kansas Bankers Association, its board of directors, or the publisher. Likewise, the appearance of advertisements within this publication does not constitute an endorsement or recommendation of any product or serviced advertised. The Kansas Bankers Association is a collective work and as such some articles are submitted by authors that are independent of the Kansas Bankers Association. While The Kansas Banker encourages a first print policy, in cases where this is not possible, every effort has been made to comply with any known reprint guidelines or restrictions. Content may not be reproduced or reprinted without prior written permission. For further information, please contact the publisher at: 855-747-4003. 14 28 20