Diversity, Equity & Inclusion
Our mission at the Association is to grow stronger banks and stronger communities. One of the ways we do that is by providing resources to help our members and your employees institute best practices for areas like internal human resources or external communications and public relations. With this issue of Hoosier Banker, we are excited to roll out a new resource for an area where many of our members are unsure of how (or if) to start – Diversity, Equity and Inclusion.
In this issue, find an explanation of this new resource from IBA President & CEO Amber Van Til, plus articles from your fellow Indiana bankers regarding:
- the business case for Diversity, Equity and Inclusion;
- implementing employee resource groups;
- inclusive language for the benefit of your employees and customers; and
- expanding your business into new markets.
Celebrating the future of banking
In the late 1990s, the internet was rapidly commercializing and becoming a fixture in households. Out of that shift in our culture came First Internet Bank in Fishers. As the bank marks its 25th anniversary, founder, chairman and CEO David Becker looks ahead to the next frontier of the banking industry.
National perspective
Our partners at the ABA and ICBA write about the courts' decisions to pump the brakes on the CRA overhaul and leading amid change.
Banker profile
We're continuing our new series of introducing you to a Hoosier banker every issue, including how they got started, stories of how they overcame obstacles in their career, from where they draw their inspiration and more. Derrick Davis serves as an assistant vice president at First Internet Bank, Fishers. He talked to us about what he learned from his first job, what he sees as the most exciting trend in banking right now, and what's on his bucket list.
Interchange fees
The infrastructure supporting electronic payments is complex and expensive, taking billions of dollars over the course of decades to build and maintain. In 2010, the Durbin amendment was introduced as part of Dodd-Frank, aiming to cap interchange fees on debit card transactions. However, the rapid implementation of this amendment, with minimal review, led to significant unintended consequences.
Also in this issue...
- the changes to Indiana law regarding deposit account agreements;
- the EEOC's updated guidance on workplace harassment;
- success IBA-member banks had connecting with their communities over the past year as demonstrated in our C2C Awards;
- a look inside May's Mega Conference; and
- the IBA's 2025 officer candidates.
Read all these stories and more in the July/August 2024 issue of Hoosier Banker magazine!