Page 9 - July 18, 2024 Bulletin
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aRTiCLeS


        and update how it evaluates system banks achieving those goals. The   ABA Seeks Bank HR Professionals
        agency will likely issue rulemaking in the near future based on the   for New Survey
        report and feedback it receives from the RFI.
        In their letter, the associations said it is important to recognize that   ABA is asking bank HR professionals to complete a new survey
        the evolution of the FHLB system has been the result of statutory   gathering insights into the hiring trends and emerging skill needs in
        changes made by Congress, but the RFI appears to contemplate   the banking industry, particularly focusing on the employment of
        future rulemaking without congressional direction. “Absent clear   recent college graduates. The short survey aims to understand the
        directive from Congress that changes are needed to the mission of or   current hiring landscape, identify skill gaps and emerging skill areas,
        incentives provided to the [FHLB] system, the FHFA should exercise   and better understand the value of applicants who have formal bank
        extreme caution that it does not exceed its regulatory mandate when   training prior to employment. Responses will be kept confidential,
        proposing changes.,” they said.                         and results will be used in aggregate form only. The deadline for
                                                                completing the survey is Thursday, Aug. 8.
        The associations also provided answers to several questions sought
        by the FHFA and took issue with the agency’s claim that its recent   Read more: https://aba.qualtrics.com/jfe/form/SV_a9Stuo99z7Q0G8K
        review was the first “comprehensive” review of the FHLB system.
        “That assertion ignores the fact that there have been numerous
        legislative and regulatory changes to the system over its 92 years of
        operation,” they said.
        Read more: https://www.aba.com/advocacy/policy-analysis/Joint-
        Letter-to-FHFA-on-the-FHLB-Mission













                                                              2024 NDBA

                                                              Service Awards




                                                              NDBA will recognize bankers with 20, 30, 40
                                                              or 50 years of service in banking during the
                                                              NDBA Group Meetings, September 9-12 in
                                                              Grand Forks, Fargo, Bismarck and Minot. Awards
                                                              can also be mailed directly to your bank.

                                                              If you or another bank employee has been
                                                              employed by a bank or several banks for 20,
                                                              30, 40 or 50 years, please fill out the application
                                                              form and return to NDBA (ndba@ndba.com or
                                                              PO Box 1438, Bismarck, ND 58502-1438). The
                                                              form can be found at www.ndba.com.
                                                              Please contact Jolene by calling 701-223-5303 or
                                                              emailing jolene@ndba.com.









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