Community News
Larry Ziglar Speaks to Area Rotary
Larry Ziglar, CEO of First National Bank of Benld, spoke to the Area Rotary Tuesday, August 2. Ziglar expressed his feelings for the historic coliseum. It is a “sad circumstance,” Ziglar said, “Everyone has a piece of that building or at least a memory to enjoy the rest of their life.”
Ziglar was honored to be asked to speak to the Rotary and he spoke of the challenges of First National Bank for this year and the years forward.
First National Bank reports to many agencies that people may not be aware of. Obviously, they report to the IRS and FBI, but they also report to Social Security Administration, Drug Enforcement Administration, local Sheriff departments, and other local law enforcement. Under this guideline, the Bank abides by the Bank Secrecy Act and under this act they have to report cash deposits or withdrawals over $10,000, that is something that is reported through a currency report. “Many people are now aware of this requirement,” Ziglar told the Rotary, “They have started to use multiple deposits in multiple locations.” To keep tabs on the cash-flow, First National Bank had to purchase a $50,000 package of software to track individual deposits throughout the branch network. To put this into perspective, there is a large amount of paperwork supplied to the local and federal authorities since there is an “estimated 3 million of those currency transaction reports” throughout the country that happen. First National Bank supplies the paperwork to the government covering those currency transactions, but they never receive information how the reports are used to support criminal activity. “I am certain these reports are to try to catch tax evaders or drug activity, but we never hear back from the authorities if our information produced any positive affect on society,” Ziglar stated. Over the last two years, the bank has hired three people to just do bank secrecy for the government and its agencies.
Ziglar asked Sheriff Deputy Don Albrecht, who was in attendance, if the information the bank records yield any help to the law enforcement. Albrecht said that majority of the records are used to monitor illegal drug activity more than any other things. “It does help with drug traffic,” Albrecht said.
Ziglar then went on and introduced new regulations sent down to First National Bank since the 2008 collapse of the big banks. First off, the banks got a 474 page letter sent by the Federal Reserves. This letter requested comments on how to determine eligibility among money borrowers. “The main question always asked,” Ziglar mentioned, “Is, can they repay the loan?” This is a question community banks have been asking forever. These community banks are tied into Wall Street banks, Ziglar said, because people make these unconsciousness loans. Wall Street has its problems, but all the banks have to abide by the same rules.
Another bill that has been passed down to the banks is the Dodd Frank bill. The bill was written last year, but it is now incorporated into the banks starting this year. Since 2008, many laws have been sent in the banks direction, Ziglar told the Rotary. Some of these laws include, but are not limited to:
- New Regulation Z is a Federal Reserve mandate that prohibits creditors from extending credit without regards to the consumers of billing to pay. This is something the bank has always been aware of. This law also required creditors to substantiate their income. In other words, this seems like another novel idea. This law entails about 12 different amendments to it and the banks have to add these to their lenders, but try to maintain some consistency as well.
- Bank Secrecy was another law that was changed in 2008, it stated the banks were to provide more information to federal agencies.
- Regulation C: Home Mortgage Disclosure Act was also introduced back in 2008. This was a change in the rates that the bank were able to charge when they sold loans up to a Freddie Mack or Fannie May. This regulation mainly concerned fixed rate mortgage areas.
- Home Evaluation Code of Conduct was inserted as well. This is a safe guard for appraisers and their independents they appraise for.
- Regulation GG: unlawful internet gambling by commercial customers. The bank has to monitor commercial accounts to make sure they are not using illegal gambling as a vice online.
- There is also FACT Act, which requires banks to identify red flag risk assessment.
- Regulation CC is the changing and rerouting of checks throughout the bank system.
- Regulation DD was introduced bank in 2008 too. This regulation changes advertising in overdraft charges.
- The bank has new regulations instated on private educational loans.
- All lenders have to registered with the federal government and have a loan number attached to each individual lender. Many community banks were not part of this lending, but they are all now mandated to be finger-printed.
Through all these little acts and changes to the system has cost First National Bank $1 million a year just to be in compliance with all these news amendments and changes. “As these new laws come down, they challenge us to monitor our overhead exposure in order to try serve the customer,” Ziglar said. First National Bank is almost doing more reporting to the government today than trying to fulfill their duty to represent their customers. It has been a hard time for First National and many other businesses. “I do not see this challenge being eliminated in the next 5 years,” Ziglar said. The next 5 to 10 year period could possibly mean a slow growth for everyone, Ziglar forcasted.
Ziglar closed with, “Business needs firm direction.”
Comments
FELONIES
Rex J. White, 49 of Mount Olive, is charged with aggravated fleeing police (21 mph over), reckless driving, improper use of registration/title, unlicensed, operating a motor vehicle with registration/suspended , and driving 1-10 mph above the limit in connection with a November 15 incident.
Britteny D M Herr, 30 of Brighton, is charged with violation of an order with a prior violation in connection with a November 17 incident.
Christopher L. Black, 42 of Virden, is charged with aiding/abetting/selling a stolen vehicle and driving on a revoked license in connection with a November 17 incident.
Jesse D. Cimino, 42 of Troy, is charged with possession of methamphetamine (<5 grams) in connection with a September 1 incident.
Jennifer R. Haneline, 39 of Godfrey, is charged with burglary and theft/authorized control (>500<10k) in connection with an August 6 incident.
Simone R. Para, 51 of Girard, is charged with possession of a controlled substance and driving under the influence of drugs in connection with an October 13 incident.
Crystal D. Hoffman, 45 of Staunton, is charged with obstruction of justice/destroying evidence and driving under the influence of alcohol in connection with a November 11 incident.
Andrew P. Hansen, 47 of Carlinville, is charged with received/possession/selling stolen vehicle and possession of meth (<5 grams) in connection with a November 20 incident.
Justin C. Grider, 42 of Carlinville, is charged with two counts of aggravated assault/operating a motor vehicle in connection with a November 21 incident.
MISDEMEANORS
Jacqueline B. Jessen, 42 of Girard, is charged with giving/selling liquor to a minor in connection with a November 14 incident.
Perry L. Lair, 62 of Virden, is charged with giving/selling liquor to a minor in connection with a November 14 incident.
Kara E. Estes, 37 of Girard, is charged with giving/selling liquor to a minor in connection with a November 14 incident.
Melissa R. Robinson, 36 of Farmersville, is charged with giving/selling liquor to a minor in connection with a November 14 incident.
Kenneth J. Barker, 38 of Litchfield, is charged with resisting a peace officer/firefighter/corrections employee in connection with a November 19 incident.
Julio Isaias Pedro Felipe, 36 of Springfield, is charged with giving/selling liquor to a minor in connection with a November 14 incident.
TRAFFIC
Amanda J. Eberwein, 27 of Virden, is charged with driving on a suspended license in connection with a November 12 incident.
Katherine F. Fugitt, 33 of Springfield, is charged with driving on a revoked license in connection with a November 15 incident.
DISSOLUTION OF MARRIAGE FILED
- Michael C. Cummings versus Tracy L. Cummings
Comments
SUNDAY, NOVEMBER 17, 2024
An officer initiated a traffic stop at Macoupin Street and Pine Street. Michael C. Malone, 59 of Melbourne, Florida, was arrested for driving under the influence of alcohol and disregarding a stop sign.
An officer was dispatched to the 300 block of South Illinois Street in Benld in reference to criminal trespass to property.
An officer was dispatched to the 500 block of Henry Street in reference to suspicious persons.
An officer was dispatched to the 200 block of West Hickory Street in Benld in reference to a suspicious noise.
An officer was dispatched to South Second Street in reference to reckless driving.
An officer initiated a traffic stop at Springfield Road and Illinois Avenue in East Gillespie. Matthew R. Bowen, 18 of Fairview Heights, was issued a citation for operating an uninsured motor vehicle.
An officer was dispatched to the 500 block of East Pine Street in reference to a medical assist.
TUESDAY, NOVEMBER 18, 2024
An officer was dispatched to the 400 block of Park Street in Benld in reference to a domestic dispute.
An officer was dispatched to the 500 block of East Chestnut Street in reference to a medical assist.
An officer was dispatched to the 500 block of East Chestnut Street in reference to a juvenile issue.
An officer initiated a traffic stop at Elm Street and Clinton Street. Samantha L. Jansen, 53 of Gillespie, was issued a citation for operating an uninsured motor vehicle.
An officer was dispatched to Staunton Road in reference to reckless driving.
An officer was dispatched to Gillespie Police Department to the 200 block of East Locust Street in Benld in reference to trespassing.
TUESDAY, NOVEMBER 19, 2024
An officer was dispatched to the 600 block of Charles Street in reference to a suspicious person.
An officer was dispatched to the 400 block of East Oak Street in reference to a well-being check.
An officer was dispatched to the 800 block of Broadway Street in reference to a business security check.
An officer initiated a traffic stop at Green Street and Easton Street. McKenna N. Kampwerth, 21 of South Roxana, was arrested on multiple warrants. The South Roxana warrant was for failure to appear for traffic leaving the scene, the warrant out of Wood River was for possession of meth, and the warrant out of Collinsville was for possession of meth.
An officer was dispatched to East Gillespie on Route 16 East to Assist an Illinois State trooper with a call.
An officer was dispatched to a business in the 300 block of North Macoupin Street in reference to an electrical fire.
An officer was dispatched to the 500 block of East Walnut Street in reference to a battery.
Keshawn K. Bush, 40 of Gillespie, was arrested for criminal trespass to state supported property.
An officer was dispatched to the 300 block of East Oak Street reference criminal trespass to property.
Brandon L. Smith, 29 of Gillespie, was arrested on a warrant out of Macoupin County for failure to appear on a traffic offense.
Ryan D. Shoger, 37 of Gillespie, was arrested on a warrant out of Macoupin County for failure to appear on possession of methamphetamine.
An officer initiated a traffic stop at Macoupin Street and Elm Street. Jesus E. Cabrera-Ramirez, 33 of Gilbert, AZ, was issued a citation for disregarding a stop sign and operating an uninsured motor vehicle.
An officer initiated a traffic stop at Macoupin Street and Elm Street. Alison M. Whitehead, 29 of Staunton, was issued a citation for expired registration.
An officer was dispatched to the 300 block of East Willow Street in Benld in reference to a suspicious vehicle.
An officer spoke with a female at Gillespie Police Department in reference to an order of protection in the 700 block of Springfield Road in East Gillespie
WEDNESDAY, NOVEMBER 20, 2024
An officer initiated a traffic stop at Broadway Street and LJ Avenue. Layla R. Eden, 18 of Bunker Hill, was arrested for driving while license was suspended and possession of alcoholic liquor under the age of 21.
An officer was dispatched to Easton Street and Macoupin Street in reference to a traffic crash.
An officer was dispatched to Oak Street and South 1st Street in Benld in reference to a fire. The officer discovered it was a control burn.
An officer was dispatched to a business at East Central Avenue in Benld in reference to a suspicious person.
An officer was dispatched to the 1100 block of Abba Street in reference to an alarm.
An officer was dispatched to the 200 block of Broadway Street in reference to a medical assist.
An officer spoke with a male in the 200 block of Hickory Street in Benld in reference to a civil issue.
THURSDAY, NOVEMBER 21, 2024
An officer was dispatched to the 200 block of Illinois Street in Benld in reference to a domestic dispute.
Ashleigh K. Bethel, 40 of Benld, was arrested on a Macoupin County warrant for failure to appear while driving while license are revoked.
The school resource officer was contacted by the high school counselor and advised him of a sexual assault.
An officer was dispatched to the 400 block of Springfield Road in East Gillespie Street reference a burglary.
An officer was dispatched to a business in the 400 block of South Macoupin Street in reference to retail theft. David A. Orear, 33 of Gillespie, was arrested for retail theft.
An officer was dispatched to the 200 block of North Illinois Street in Benld in reference to a domestic. Donald E. Ruyle, 51 of Benld, was arrested for domestic battery.
An officer was dispatched to the 200 block of South Jersey Street in reference to reckless driving.
An officer was dispatched to the 300 block of West Easton Street in reference to an animal complaint.
An officer spoke with a male in the 300 block of East Spruce Street in reference to a civil issue.
An officer was dispatched to Pine Street and Shelby Street in reference to an ordinance issue.
An officer was dispatched to a business in the 500 block of East Elm Street in reference to a suspicious person.
An officer was dispatched to 6th Street in Benld in reference to a suspicious person.
An officer initiated a traffic stop at Springfield Road and Illinois Avenue in East Gillespie. Bruce E. Jackson, 64 of Benld, was issued a citation for speeding.
An officer was dispatched to the 800 block of Broadway Street in reference to a suspicious person.
FRIDAY, NOVEMBER 22, 2024
An officer was dispatched to the 600 block of Charles Street in reference to a well-being check.
An officer spoke with a female at Gillespie Police Department in reference to a civil issue.
An officer initiated a traffic stop at Broadway Street and LJ Avenue. Joseph W. Webb, 37 of Gillespie, was arrested for no valid driver’s license and driving while license was suspended.
An officer was dispatched to the 100 block of Park Avenue in reference to an animal complaint.
An officer was dispatched to Route 16 East in East Gillespie in reference to a domestic dispute.
An officer was dispatched to the 200 block of East Elm Street in reference to a 911 call.
An officer spoke with a female at Gillespie Police Department in reference to a civil issue in the 700 block of Springfield Road in East Gillespie.
An officer was dispatched to Gillespie Police Department to speak with a female in reference to a civil issue in the 300 block of Park Avenue.
SATURDAY, NOVEMBER 23, 2024
An officer was dispatched to the 300 block of East Oak Street in reference to criminal trespass to property.
An officer was dispatched to the 400 block of South 8th Street in Benld in reference to a 911 call.
An officer was dispatched to the 500 block of East Chestnut Street in reference to a death investigation.
An officer was dispatched to the 500 block of Henry Street in reference to a well-being check.
An officer was dispatched to a business in the 100 block of South Hard Road in Mt. Clare reference a civil issue.
An officer was dispatched to the 700 block of Plum Street in reference to a 911 call.
An officer was dispatched to Grace Street and Clinton Street in reference to an animal complaint.
An officer was dispatched to the 300 block of West Walnut Street in reference to a domestic dispute.
An officer was dispatched to the 700 block of Springfield Road in East Gillespie in reference to a civil standby.
An officer was dispatched to the 400 block of Springfield Road in East Gillespie in reference to a business check.
All subjects are presumed innocent until proven guilty in a court of law.
Comments
FELONIES
Levi T. Kroll, 35 of Eagarville, is charged with aggravated battery of a peace officer in connection with a November 10 incident.
David J. Karrick, 44 of Virden, is charged with residential burglary and criminal trespass to residence in connection with a November 10 incident.
MISDEMEANORS
Jason H. Rells, 50 of Virden, is charged with resisting a peace officer/ firefighter/corrections employee in connection with a November 13 incident.
TRAFFIC
Justin H. Bodine, 42 of Springfield, is charged with driving on a suspended license and canceled/revoked/suspended registration in connection with an October 26 incident.
Christopher L. Black, 42 of Virden, is charged with driving on a suspended license, operating an uninsured motor vehicle, and no valid registration in connection with an October 30 incident.
Christopher R. Lott, 47 of Carlinville, is charged with failure to notify of damage to an unattended vehicle in connection with a November 2 incident.
Stephanie K. Short, 59 of Bunker Hill, is charged with reckless driving, fleeing/attempting to elude officer, and disregarding a stop sign in connection with an October 31 incident.
Stacey L. Hart, 54 of Gillespie, is charged with reckless driving and leaving the scene in connection with an October 27 incident.
Troy J. Camerer, 52 of Gillespie, is charged with reckless driving, leaving the scene, failure to give notice of crash, and improper traffic lane usage in connection with an October 30 incident.
Lucas J. Edwards, 22 of Caledonia, is charged with reckless driving, fleeing/attempting to elude officers, speeding 26-34 mph over the limit, and being unlicensed in connection with a November 11 incident.
Allen D. James Jr, 62 of Virden, is charged with reckless driving in connection with an October 30 incident.
Zachary S. Hoffstot, 44 of Mount Olive, is charged with driving on a revoked license, operating a motor vehicle with suspended registration, and operating an uninsured motor vehicle in connection with a November 6 incident.
Dustin P. Cunningham, 33 of Greenfield, is charged with driving on a suspended license and operating an uninsured motor vehicle in connection with a November 11 incident.
Courtney R. Coonce, 31 of Carlinville, is charged with driving on a revoked license and transporting/carrying alcohol in connection with a November 8 incident.
Ashley R. Winters, 38 of Kane, is charged with canceled/revoked/suspended registration in connection with a November 12 incident.
DISSOLUTION OF MARRIAGE FILED
- Jennifer M. Bushue versus Jesse J. Bushue
MARRIAGE LICENSES
- Daniel Robert Dobrino of Benld and Hannah Marie Pritchett of Edwardsville
