Overview
What is Kansas Bankers Association?
The Kansas Bankers Association is a crucial nonprofit organization that serves approximately 400 member banks and associate members, as well as nonmember banks. Their primary mission is to support and assist Kansas banks and bankers through various means. This includes providing comprehensive education and training services for bank employees, from novice tellers to senior executives, through seminars, conferences, clinics, and annual meetings. The association is also actively involved in legislative and regulatory changes at both the federal and state levels that affect Kansas banks. Issues such as maximum interest rates on loans, perfection of liens on collateral, banking structure, and giving competitors unfair advantages are among their areas of focus. The Kansas Bankers Association also has a legal department that assists banks with legal, litigative, and compliance matters, saving legal expenses for all Kansas banks. They maintain complete litigation files and occasionally file amicus curiae briefs to protect the interests of all Kansas banks. Their communications program includes publishing a monthly magazine and weekly legislative bulletins to keep bankers informed.
Official website here: www.ksbankers.com
Is Kansas Bankers Association legitimate?
Kansas Bankers Association is a legitimate nonprofit organization registered as a 501(c)(6) entity. Kansas Bankers Association submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Heare are some key statistics you may want to consider:
Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,425,437
For more financial information, click here
Official website here: www.ksbankers.com
What is the mission statement of Kansas Bankers Association?
The Kansas Bankers Association aims to support and assist Kansas banks and bankers. They provide comprehensive education and training services for bank employees, ranging from new tellers to senior executives, through seminars, conferences, clinics, and an annual meeting. The association is active in legislative and regulatory changes affecting banks, providing information on issues such as maximum interest rates, banking structures, and legal policies. They offer legal assistance, litigation support, and file amicus curiae briefs to protect the interests of all banks. The association also maintains an ongoing communications program, publishing a monthly magazine and weekly legislative bulletins to keep bankers updated.
Official website here: www.ksbankers.com
Who is the CEO of Kansas Bankers Association?
Mike Ewy is the Chairman of Kansas Bankers Association.
Official website here: www.ksbankers.com
What is the revenue of Kansas Bankers Association?
Kansas Bankers Association's revenue in 2022 was $3,475,144.
Official website here: www.ksbankers.com
Who are the executives of Kansas Bankers Association and what are their salaries?
There 21 volunteers at Kansas Bankers Association.
Here are 27 key members and their salaries:
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- Other: $41,696
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- Other: $18,789
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- Other: $26,544
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- Related: $122,664
- Other: $24,808
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- Related: $110,663
- Other: $7,488
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Official website here: www.ksbankers.com
Where can I find the form 990 for Kansas Bankers Association?
Kansas Bankers Association's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.ksbankers.com
Learn more at the official website: www.ksbankers.com
Mission Statement of Kansas Bankers Association
The Kansas Bankers Association, a prominent organization, is dedicated to supporting and assisting Kansas banks and Kansas bankers. Their mission is multifaceted, encompassing the provision of educational and training services for bank employees, ranging from new tellers to senior executives. The association conducts numerous seminars, conferences, clinics, and an annual meeting throughout the year, offering comprehensive education and training programs that are beneficial to all Kansas banks.
In addition to education and training, the Kansas Bankers Association is actively involved in legislative and regulatory changes at both the federal and state levels, which affect Kansas banks. They provide valuable information on issues such as maximum interest rates on loans, perfection of liens on collateral, banking structure issues, and legislation dealing with giving competitors unfair advantages. The association works closely with federal and state regulators, providing insights on policies related to loan classification, loan charge-offs, and capital requirements.
Furthermore, the Kansas Bankers Association offers legal assistance to Kansas banks with legal, litigative, and compliance matters. Deregulation of banks and the current economic environment have led to numerous lawsuits for Kansas banks. The association's legal department maintains complete litigative files, providing quick updates on legal issues and saving legal expenses for all Kansas banks. The legal department also files amicus curiae briefs when specific items of litigation have all-bank overtones, aiming to foster a healthy banking climate in Kansas.
In terms of communication, the Kansas Bankers Association maintains an active, ongoing communications program. They publish a monthly magazine to keep bankers updated and disseminate information without the need for frequent conferences or seminars. During the legislative session, a weekly legislative bulletin is mailed to all Kansas banks, describing legislation introduced that affects banks and providing updates on its status. Periodic special bulletins are also sent out to keep bankers informed on various topics.
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Impact
October, 2024
The Kansas Bankers Association (KBA) plays a crucial role in supporting and enhancing the banking landscape within the state. By providing extensive education and training, the KBA caters to the needs of approximately 400 member banks, ensuring that employees at all levels—from tellers to CEOs—are equipped with the necessary knowledge and skills. This commitment to continuous professional development fosters a more informed and capable workforce within Kansas banks.
Additionally, the KBA is deeply engaged in government relations, actively monitoring and influencing legislative and regulatory changes at both the federal and state levels. By addressing critical issues such as maximum interest rates, banking structure, and unfair competitive advantages, the KBA advocates for the interests of Kansas banks. Their close collaboration with regulators and lawmakers helps create a more favorable economic environment for banking operations, ensuring that the concerns of local institutions are represented and addressed effectively.
The legal support provided by the KBA is another significant aspect of its impact. This support includes guidance on legal compliance and litigation matters, which is invaluable, particularly in complex and evolving regulatory contexts. By maintaining comprehensive litigative files and offering legal assistance, the KBA not only helps banks save on legal costs but also contributes to a healthier banking environment by addressing legal challenges that could impact the sector as a whole.
Moreover, effective communication is a cornerstone of the KBA's operations. Through its monthly magazine, weekly legislative bulletins, and special updates, the KBA keeps its members informed about critical developments, helping banks stay abreast of important legislative changes that could affect their operations.
Overall, the Kansas Bankers Association serves as a vital resource, advocating for the interests of Kansas banks, facilitating education and training, providing legal assistance, and ensuring effective communication within the banking community. Its impact is felt across the state, promoting a stronger banking sector that is informed, compliant, and responsive to the needs of the market.
This information is meant to be a general summary of Kansas Bankers Association. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $645
- Program Service Revenue: $3,356,840
- Gross Receipts: $3,475,144
Assets and Liabilities:
- Total Assets: $5,027,759
- Total Liabilities: $2,308,821
- Net Assets: $2,718,938
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
CONFERENCES & SEMINARS
Revenue
$1,492,143
Membership Dues & Assessments
Revenue
$1,864,697
OTHER DIVISIONS
Organization Details
Founding Year
1982
Phone
(785) 232-3444Principal Officer
Mike Ewy
Main Address
610 SW CORPORATE VIEW, TOPEKA, KS, 66615
Website
www.ksbankers.comNTEE Category
Code: S41 - Community improvement
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