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Tuesday, 08 November 2011 5:06pm |
Online portals may help community banks communicate with their directors more efficiently and less expensively
By Apryl Motley
When Summit State Bank in Santa, Rosa, Calif., holds its board meeting next month, you won't see any traditional, paper-based board books at the table. That's because last year the $383 million-asset community bank began using an online portal to distribute information to its 13 directors prior to its board meetings.
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Tuesday, 08 November 2011 4:22am |
Successful IT security requires a vigilant adherence to the three R’s—repetition and reinforcement of policies and communicating the repercussions of noncompliance
By Apryl Motley
A CEO keeps her password on a post-it near her computer for easy reference.
A teller responds to a telephone request to review his community bank’s IT systems and provides confidential information.
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