News for 2007

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Blog, blog, blog could turn into blah, blah, blah
Area bloggers offer bites for newbies

SEPTEMBER 17 - 23, 2007
By Robb Hicken
IDAHO BUSINESS REVIEW
Vol. 26 No. 43

Whether an überblogger or a n00berblogger, entrepreneurs know the Web is the next marketplace for Internet window viewers. Still, most business blogs are created as a way to drive current or new clientele to a Web site where more information or answers to questions is provided.

Answer questions and show off product was initially what Web editor Jennifer Grimes at PrecisionCraft was told to do. The company has had a Web presence since 1990. It was a stagnant site with information and phone numbers back then, but today, the site contains a plethora of options.

Hours of creating content, reviewing material, editing and posting, as well as passing corporate questions on to the president, is not simple. Now, after a revision three years ago, her job hasn't gotten any less difficult or complicated.

"You will find our Log Home Broadcast Channel (for podcasting), our handcrafted log home video (with more videos to come), optimized images - just a small start in our goal to stay on top of the new and exciting Web technologies," she said.

PrecisionCraft does not count the number of Web visits it receives, but, Grimes added, "Yet."

"A reason for creating this blog (www.loghomefloorplansonline.com) was to create content on our site to help us improve our search engine rankings," Grimes said. "We all know that Google loves content and we now know that Google loves blogs."

Webcasts and blogs are being used by more than 400,000 small and mid-sized businesses, according to an AMI Partners study, and an additional 260,000 businesses are using podcasts. In some cases, blogs take the place of Web sites. Many bloggers count visits or hits as a measure of success. Blogs are used to drive new business to a Web site, where they can get answers to questions about products or services.

Leah Pietrucci, client concierge at Idaho Trust National Bank in Boise, said the bank's concierge and lifestyle blogs - www.idahotrust.com - are a place to communicate with clients and people interested in the bank.

"It's also a place to convey the culture of the bank and a meeting place for the community of the bank and our staff," she said.

The Idaho Trust blogs represent a good place for the bank to expand its relationship with clients or prospective clients, and they create a forum for interaction that advertising doesn't allow, she said.

"Our blogs are not a place for direct promotion," Pietrucci said. "People are looking for things that are more personal than advertising."

Blogging is not a profit play for Idaho Trust, she said. "We do it to create a personal connection with the blog reader."

Updating the Idaho Trust blogs take one to two hours per week, sometimes less, depending on content, Pietrucci said.

"Sometimes I have to sit and think about something to write about. Other times I know exactly what I want to say," she said.

"So far, our blogs have gotten really great responses from the readers and we will continue to use them to enhance our commitment to create a highly personalized and unique banking experience," Pietrucci said.

Brad Frazer practices Internet law with the Hawley Troxell firm in Boise. He started blogging about Internet and ecommerce legal issues at the end of 2004 while working as a staff attorney with a southwest Idaho corporation. He continued the blog when he went into private practice.

On average, he updates the blog once a month.

"Of course, that's one of the problems with blogging. It should be updated once a day," Frazer said.

"The best blogs are those that are updated daily, but it is very challenging to find the time to do that," he said.

Frazer said his blog's value centers on visitors' comments. "I enjoy seeing how they feel about current developments in Internet law," he said.

"No,my blog does not make money per se, because I'm not selling and it's not an overt marketing tool," he said.

He doesn't object to blogs that have a commercial profit motive, but the true spirit of blogging can be found in just talking about relevant issues, Frazer said.

Running the blog doesn't carry a hard dollar cost; Frazer uses a free blogging service, he said. But there is an opportunity cost, in terms of not doing something else with revenue upside, so the blogger has to weigh those tradeoffs, he said.

Some people feel that they must blog to retain customers and show that they are keeping up with the times, Frazer said.

"The whole point is that it's supposed to be fun - a marketplace of ideas," he said.

Technologically, it's easier to set up a blog now than it was when Frazer started. It can take as little as 10 minutes, he said.

Since the real challenge is updating it often, it should cover a topic about which the blogger is passionate, Frazer said.

"If your passion is actually fly fishing, you should blog about that," he said. "I'm just lucky that I happen to be very interested in what I do for a living."

Maintenance is essential

Bloggers agree that maintaining a Web site can be time consuming. Many get around the time commitment by having a site maintained by someone else - a Web designer or company.

Bruce Thompson, president and co-owner of Hydrate 2o, www.hydrate2o.com, said, "Timeliness and determining what the consumer wants to see, while keeping it user friendly" is a challenge.

Katy Slater of Idaho Blue-Insulation - www.idahoblue.com - actually has a oneway blog; only she can contribute to it. Slater expressed the same idea, saying, "staying current, making time to write updates" is her biggest challenge.

PrecisionCraft's Grimes agreed.

"The most difficult part of online marketing is staying on top of things. Content has to be fresh (updated regularly) and the ‘rules' change day to day. But the benefit far outweighs the cost and time required," she said.

Don Day , KTVB 7 digital media producer, said fresh is best. He offers the following tips when starting or maintaining a blog. In addition to working the television'sWeb site - www.ktvb.com - he operates two other personal blog sites. His fresh tips include:

  • Don't blog all at once
  • Keep all posts short
  • Save up some stuff for later
  • Post regular features

Beginner beware

Grimes said one of the problems many beginners find is they want to start getting feedback immediately. She suggests getting the blog information in order first.

"Also, keep comments turned off until you build a following," she said. "Don't start a blog unless you can keep it current. We have learned the hard way. Create a blog that is SEO (Search Engine Optimization) friendly - you want it to be found!"

Brad Carlson, Lora Volkert, Gaye Bunderson and Eddie Kovsky contributed to this report.

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Idaho Trust Provides Moon Rock Security

August 24, 2007
Mr. Tom Prohaska
President
Idaho Trust National Bank
888 W. Broad Street
Boise, Idaho 83702

Dear Tom,

On behalf of the Discovery Center of Idaho (DCI), I would like to extend our sincerest thanks to both you and Phil Bratton for all of your help with our Idaho Space Days program. We truly appreciate you providing security for the moon rock that was on loan to us from NASA. This moon rock was brought back to earth by the Apollo 16 crew and is considered a priceless national treasure. NASA advised that they could not attach a monetary value to the rock, other than to say it would cost billions of dollars to mount another mission to the moon to replace it! Both DCI and NASA were thoroughly impressed and grateful for the secure storage and transportation that Idaho Trust National Bank provided...Thank You!

This was an extremely exciting time for DCI and the Idaho community as a whole. One of Idaho's very own educators, Barbara Morgan, lived her dream and contributed to science education in a truly historic event as she traveled to the International Space Station aboard NASA's STS-118. Her achievement is an inspiration and a wonderful example of how hard work, perseverance and the courage to realize your dreams can bring about incredible accomplishments.

As part of the STS-118 mission, DCI was selected to host a live audio and video downlink with Barbara Morgan and the crew. Eighteen students from Idaho towns such as Viola, Ririe, Rigby and Grangeville had the experience of a life time as they got to ask their questions of the crew: "If you threw a baseball in space how fast would it go?" "What do stars look like from where you are?" "Can you see the effects of global warming from space?". Barbara and the crew responded to each question with amazing detail and insight, and sometimes even a touch of humor that kept the audience totally captivated. In our quest to know more about the universe, these astronauts truly embody the spirit of exploration and discovery.

Idaho Space Days was created to honor Barbara's tenacity and diligence and to celebrate her unwavering commitment to her life's dream. Through this summer long program, visitors were able to launch rockets, experience a vacuum chamber, eat space food, and construct a 140-ft replica of the truss Barbara helped to install on the International Space Station. Visitors could even take a "Ride to Pluto" with guided bike tours of Boise's greenbelt scale model of the solar system. NASA also provided many wonderful exhibit pieces for our visitors to explore, including a genuine space suit, an astronaut sleeping bag and a 12-ft model of the shuttle.

Through this program a great deal of excitement was generated about space travel and young minds were inspired to reach for the stars and encouraged to never give up on their dreams regardless of risks and obstacles that sometimes seem overwhelming. Through the generous support of our community, our amazing volunteers and extraordinary people such as you, DCI can continue to provide compelling programs, exhibitions, and special events that promote science literacy. Once again, our sincerest thanks to you and Phil for your contribution to the Idaho Space Days program, and for supporting our mission: to provide experiences and educational opportunities that inspire lifelong learning in math, science and technology.

Sincerely,

Jane Ahl
Development Director

The Discovery Center of Idaho is a 501 (c) ( 3) non-profit organization and your contribution is tax deductible per IRS regulations. Remember the Discovery Center of Idaho qualifies for the Idaho income tax credit for contributions to educational institutions and museums (the Idaho State Education Tax Credit), in addition to the usual charitable deduction. No goods or services were received for your donation to the Discovery Center of Idaho.

Discovery Center of Idaho Board of Directors:
John Gwin: President
Ron Dorn, MD: President Elect
John Stedman: Immediate Past President
Steve Simpson: VP of Finance
Gorden Gates: VP of Administration
Lynnette Davis, esq: Secretary
Ormond Rankin: Treasurer
Directors: M. Elena Buxton, Dr. Linda Clark, Frank Finlayson, Jefferson Jewell, Holmes Lundt, Bayless Manning, Eric Mott, Cheryl Schrader (PhD), Bruce Schrepple, Chris Taylor, Randy Thompson, Rafe VanDenBerg

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Market Commentary by Kenneth Lamson, CFA

As you are likely aware, the U.S. and foreign stock markets have suffered recent periods of negative volatility. While such times are inevitable in securities markets, it comes as a splash of cold water in the face of many investors. The purpose of today's note is to offer our assessment and outlook to those clients who've entrusted Idaho Trust with their financial assets.

First, a few thoughts on the background of the market breakdown. Over recent months, the price premium of risky assets over those with less or no risk, like Treasury securities, steadily declined as investors reached for ever-higher returns. Investment types that fall far to the risky end of the spectrum, like private equity, hedge funds, emerging market securities, high yield or "junk" bonds, even small-cap U.S. stocks, have posted strong and sometimes extraordinary returns as Wall Street and Main Street investors alike poured money into them. One of the manifestations of this risk-taking was a ballooning in mortgage lending to borrowers with poor credit histories, known as subprime borrowers, in large part because investors were eager to buy these loans from the bankers who had created them.

This risk-taking merry-go-round is a natural part of the financial markets, and works fine so long as all the players, from the hedge fund and private equity managers, professional and individual investors, banks, and mortgage borrowers, play their part. When one link is broken, however, the merry-go-round can spin off center, causing injury.

Such is the case now, we believe. The most recent downturn appears to have been triggered by the increasing delinquency and default rates on those subprime mortgages. As interest rates have risen and home prices have fallen over recent months subprime mortgage borrowers have found it increasingly difficult to afford their payments. Their difficulties have translated into declines in the valuation of their loans, many of which were purchased by investors. Those investors were shaken by the June announcement that two hedge funds managed by investment bank Bear Stearns were on the verge of collapse due to the write-down of subprime mortgages in their portfolios. This announcement was like a signal flare, initiating an evaluation and reduction of risky assets in investors' portfolios. In short, the investors who had been so eager to buy risky assets only weeks before now could not sell them fast enough. No one wants to be the last one standing on a teetering merry-go-round. Importantly, Idaho Trust National Bank has no subprime mortgages in client portfolios or on its balance sheet.

In recent days funds have been flowing swiftly and sharply from risky assets toward safer types. Even asset classes generally considered on the safer end of the spectrum, like blue-chip U.S. stocks and good quality corporate bonds, have suffered, although not as much as most other types. Much of these funds fled into the safety of U.S. Treasury securities, which have consequently seen dramatic yield declines.

Now, a couple of items that might offer perspective. First and most importantly, market events like we've witnessed recently are a forceful reminder of why Idaho Trust advises most clients to have a mix of stocks and bonds in their portfolio.  The historically inverse relationship between stock and bond returns is exactly why we can create multi-asset portfolios that have better risk-adjusted returns than single-asset portfolios. Our strong and consistent advice for long-term investors is to ensure that one's portfolio contains the correct mix of stocks, bonds and other assets needed to reach one's long-term goal. Asset allocation is the mechanism that will ultimately generate the majority of long-term returns, allowing diversified investors the freedom from worry about the market's gyrations.  While stock and bond prices may swing wildly from day to day, the long-term trend for stock prices is upward, a phenomenon that we do not believe will change for the foreseeable future.

Secondly, even with the declines in recent days the year-to-date price return on the Dow Jones Industrial Average was up 6% through July 31. Since August 8, 2006, the date of the first Federal Open Market Committee meeting at which it decided to leave their benchmark rate unchanged, the Dow has risen over 18%. Clearly, clients with exposure to U.S. stocks have seen appreciation in their portfolios despite the recent rough patch.

Finally, our outlook is for the major U.S. stock markets to generate mid-single digit returns by year-end 2007. While you may note that the indices have already achieved that return, our estimation is that volatility will remain high so that the trajectory for returns for the remainder of 2007 will be anything but boring. Our primary concern is that the teetering "risk merry-go-round" described above wobbles into a full-blown credit crunch that may slow the economy more dramatically than expected. We expect our judicious use of low-risk bonds will continue to buffer volatile stock returns in client portfolios, as they have in recent days.

We appreciate the opportunity to assist you in reaching your financial goals, and welcome the chance to speak with you personally about any concerns you may have.

Kenn Lamson, CFA
Chief Investment Officer
Idaho Trust National Bank
208.350.2049

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Idaho Trust National Bank Celebrates Ballet
Idaho's Beatles + Beck: The Rock Ballets

(Boise) July 30, 2007—Idaho Trust National Bank President Thomas Prohaska announced today that the bank will host an event and an art exhibition to support Ballet Idaho's presentation of “Beatles + Beck: The Rock Ballets.” The ballet is part of a nationally acclaimed tour of the Trey McIntyre Project (TMP).

TMP is performing The Rock Ballets in Boise as the second stop on its 2007 Tour. Shows will be held at the BSU Special Event Center on Friday and Saturday, August 3rd and 4th, with tickets available through Ballet Idaho at www.balletidaho.org and 426-1110. The bank is hosting an invitation-only afterparty on Saturday night in the Idaho Trust Gallery for the dancers and Ballet Idaho patrons.

Prohaska said the Idaho Trust Gallery will also be the vehicle for a multimedia art exhibition titled “Trey McIntyre Projects and Projections” curated by J Christ Galleries which will open First Thursday, August 2nd and continue through September 28th. The exhibition features color photographs of gravity-defying ballet dancers from TMP captured by Finnish photographer Jonas Lundqvist and short films by Trey McIntyre.

“This event and exhibition for the arts community is exactly what we envisioned when we partnered with Jacque Crist,” Prohaska said. “We are thrilled that our collaborative effort will support an artistic performance of such high caliber.” Crist partnered with ITNB in April of this year to present “Art For This Century.”

“When we designed the bank we had a contemporary, artistic concept in mind,” said Daniel Prohaska, CEO of Idaho Trust National Bank. “We had the goal of making the banking experience something more, a culturally enriching experience that clients and others could have by just walking through the door.”

Jacqueline Crist has operated J Crist Gallery in Boise for 12 years. “I thought this was an interesting and potentially very exciting opportunity, to create a visual arts experience in a financial setting. The Trey McIntyre Project really matches the vision we had for this space,” Crist said.

TMP's 2007 season repertoire is themed “The Rock Ballets” and includes some of McIntyre's most celebrated and cult-followed work to date. Trey McIntyre's High Lonesome has received numerous accolades since its premiere in 2001 for Ballet Memphis. Says Christopher Blank of Commercial Appeal: “Set to the music of Grammy-winning pop musician Beck, the piece knocks you out of your seat, sits you up and knocks you down again.” McIntyre's evocative, tender and shining homage to The Beatles, A Day in the Life, was created for The Washington Ballet in 2006.

Idaho Trust National Bank successfully launched its new full service “private business bank” in BoDo at the corner of 9th and Broad Street last fall. The commercial banking team incorporates more than 100 years of experience coupled with a unique European “concierge service” that offers clients a full range of business banking, personal banking, and wealth management with one company.

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Hotel-like approach to service works for Idaho Trust National Bank

By Brad Carlson

BUCKLEY / IBR
Leah Pietrucci assists bank clients with non-banking tasks as the concierge for Idaho Trust National Bank in downtown Boise.

Click to watch video - 2.2MB

That's no misprint on Leah Pietrucci's Idaho Trust National Bank business card.

She really is a concierge, like you'd find at an upscale hotel or fancy retail store.

Pietrucci assists bank clients with non-banking tasks.

Once, a client broke a hand-carved wooden goose during an office move. Pietrucci found someone to make the specialized repair to the coveted keepsake.

She recently filled a request for a gift, which, according to the client, had to be “cool, smart and under $50,” she said.

“Deciding what the client thought was cool and smart was tough,” Pietrucci said. “I settled on a fruit bouquet, but I looked at everything from picnic gear to ice cream makers. Finding just the right thing is a lot of fun.”

Refreshments also are fair game.

“We also have a client that works close to our office, and when she's really busy, she asks us if we can go on coffee runs for her,” Pietrucci said. “We always do, and she loves it.”

Going above and beyond traditional customer service is nothing new in business. Many business people go out of their way to get to know their clients personally, and do nice for them.

What seems different about Idaho Trust National Bank's approach is the placement of the concierge workstation. Pietrucci is the first person that the visitor sees on walking into the bank at Ninth and Broad streets in downtown Boise.

The concierge must be a resource for the client, said Tom Prohaska, president of Idaho Trust.

“The main mission is not to talk about the bank,” he said.

Idaho Trust National Bank has plenty of bankers, Prohaska said. He said Pietrucci and two others on the concierge staff are tasked with providing myriad services—although they can and do perform traditional banking tasks.

“The biggest challenge is just getting people to appreciate the breadth of what we're willing to do for them,” Prohaska said.

“It just surprises them what we're willing to do,” he said.

Once, the concierge staff searched high and low for a specialized piece of luggage, and then express-shipped it to a client on safari in Zimbabwe. The original met its demise when an elephant stepped on it.

“Business and lifestyle are interconnected for our clients,” Prohaska said.

In hiring for the concierge position, Idaho Trust sought a high-energy person with interest in food, art and travel, he said.

“We need to give clients services totally unrelated to the transactional services we provide,” Prohaska said. “If we really want to understand what their interests are, what their tastes are, we need to help them enjoy the non-business part.”

Pietrucci spends considerable time chatting with clients by phone or online. Recently she tried a new downtown Boise restaurant, posted a Web log entry about the experience, and then got a client set up to try the restaurant.

“I get quite a lot of hotel and restaurant questions,” she said. “I love those because Boise has such a variety of restaurants. I can always find special places for people to go.”

Often, she posts Web log entries on these kinds of requests so that other clients can share ideas, Pietrucci said.

Before coming to Idaho Trust, she worked in banking and sales for several years.

“I'm not in a sales position here, but I think that experience has helped apply a sense of urgency when I am working with clients,” Pietrucci said. “I have to make things work, and be flexible and creative.”

Prohaska said the concierge activity has helped the bank identify potential niche products and services, such as billpay and line-of-credit solutions for people who travel frequently. Others at the bank develop and market those, he said.

He said Idaho Trust is the first bank in Idaho to offer a complimentary, full concierge service.

Wells Fargo spokesperson Amy McDevitt said she hasn't heard of a bank taking an approach like this.

Banks have learned a lot about customer service after the merger activity of the past two decades, she said.

“Customer service is what it's all about, for sure,” McDevitt said. “Most of ours is related to financial services in a one-stop shop.”

For example, one non-bank service that's widespread is offering postage stamps at automated teller machines, she said.

© 2007 Idaho Business Review. All rights reserved. Originally published in the Idaho Business Review on June 4, 2007.

Click to watch video - 2.2MB

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Need Reservations? Call Your Bank

(Boise) May 15, 2007—Idaho Trust National Bank wants to help you with the things that matter in your life. Not just the financial issues.

Idaho Trust National Bank is the first bank in Idaho to offer a complimentary full concierge service for its customers. Whether it's tickets for the opera or scheduling a plumber to fix a leaky faucet or helping you find the perfect restaurant, Idaho Trust's concierge service will help you with these time consuming daily chores of life.

“We pride ourselves in offering more than financial services,” said Idaho Trust National Bank President, Thomas Prohaska. “Our concierge service sets us apart and helps create what we call a full service “private business bank”. It's more than banking. We want it to be an experience when clients come through the door.”

Leah Pietrucci is ITNB's Bank Concierge and she describes a recent service she provided for a client. “I recently received a call from a client who was in need of a gift for someone that was “cool, smart, and under $50.” Typically I can find a gift for anyone that fits those criteria. But because it was for a business house-warming it presented a slight challenge. I remembered Edible Arrangements. After sifting through the online catalog I settled on the “Berry Bouquet,” which consists of fresh red strawberries arranged in an attractive ceramic base that can be used again. Our client loved it, and so did the recipient. Mission accomplished.”

Pietrucci can be reached at 350-2017. You can also visit her on the ITNB website at http://www.idahotrust.com. There you can find information about the concierge service and some of the projects she has helped clients with over the last few months.

Idaho Trust National Bank successfully launched its new full service “private business bank” in BoDo at the corner of 9th and Broad Street last fall. The commercial banking team incorporates more than 100 years of experience coupled with a unique European “concierge service” that offers clients a full range of business banking, personal banking, and wealth management with one institution.

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Idaho Trust Expands Commercial Loan Department

(Boise) May 4, 2007—Idaho Trust National Bank President Thomas Prohaska announced that Robert Yamashita has joined the bank as the Vice President and Commercial Loan Officer and Janis Reid has been appointed as a Bank Services Associate.

“We strive to bring the most professional people possible onto our team and we also look for individuals who give back to the community. Robert and Janis more than meet those criteria,” said Prohaska.

Yamashita has 20 years of banking experience in Idaho with his most recent post as Chief Financial Officer at Ball Ventures. Prior to that assignment he was a Vice President for U.S. Bank.

He is a graduate of the University of Idaho with a degree in Finance and has served in several volunteer activities including the Idaho Permanent Building Fund Advisory Council, the Idaho Community Reinvestment Corporation, Leadership Boise, the Hugh O'Brian Youth Foundation, the United Way of Ada County and FUNDSY.

Reid has a 25 year career of experience in training, lending, budgeting and project management including the position of Customer Service Manager at Proteam, Inc. in Boise and as a Vice President and Project Manager for U.S. Bank.

She has a Marketing Degree from Boise State University and has volunteered on numerous projects in the region including Rake Up Boise, United Way, the Boise River Festival, Paint-the-Town, and Junior Achievement.

Idaho Trust National Bank successfully launched its new full service “private business bank” in BoDo at the corner of 9th and Broad Street last fall. The commercial banking team incorporates more than 100 years of experience coupled with a unique European “concierge service” that offers clients a full range of business banking, personal banking, and wealth management with one company.

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Idaho Trust and J Crist Gallery Partner to Create New Art Experience

(Boise) April 26, 2007 – Idaho Trust National Bank and J Crist Gallery have partnered to create a new arts experience at the bank’s location on the corner of 9th and Broad Street in BODO.

“When we designed the bank we had a contemporary, artistic concept in mind,” said Daniel Prohaska, CEO of Idaho Trust National Bank. “We had the goal of making the banking experience something more, a culturally enriching experience that clients and others could have by just walking through the door.”

Jacqueline Crist has operated J Crist Gallery in Boise for 12 years. She said she was pleasantly surprised when she was contacted by Idaho Trust to bring this new, permanent gallery concept to life.

“I thought this was an interesting and potentially very exciting opportunity, to create a visual arts experience in a financial setting, and constantly look for new ways to make the exhibit contemporary and blend with the beautiful glass and steel architecture of the bank,” Crist said.

Prohaska said one of the key philosophies of the bank is that “The most important thing you can do is establish a relationship with a great bank that will get you where you want to go. I believe this unique blending of the arts and finance is a big step in that direction.”

Crist and Prohaska plan to change the exhibit about every two months and will include other performing arts such as ballet, opera and film to compliment the visual elements, especially for patrons and visitors on the downtown’s “First Thursday.”

Visitors are welcome any time the bank is open according to Prohaska and they can enjoy the first exhibit by Crist this coming “First Thursday,” May 3rd until 8:00pm.

J Crist Gallery is located at 223 South 17th Street in Boise. Idaho Trust National Bank successfully launched its new full service “private business bank” in BoDo at the corner of 9th and Broad Street last fall.

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Emerging Technology Brings Convenient Banking to Clients

Idaho Trust National Bank uses emerging technology to bring convenient banking to clients. This article was published in the Idaho Business Review on 4/23/07. Click to read:

http://www.idahobusinessreview.com

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Idaho Trust Names New Chief Investment Officer

(Boise) April 5, 2007—Idaho Trust National Bank President Thomas Prohaska announced today that Kenn Lamson has joined the company as its new Chief Investment Officer. Prohaska said Lamson will oversee all investments for Idaho Trust Clients and all investment activity on behalf of the firm.

Prior to joining Idaho Trust, Lamson was the Senior Portfolio Manager with US Bank's Private Asset Management division, responsible for $250 million in client assets in several Western states. He relocated to Boise from Cincinnati, where he was Senior Analyst for a hedge fund.

Lamson has also managed mutual funds and separate accounts totaling about $1.5 billion and was a research analyst specializing in the financial services industries. Early in his career he assisted with the management of a $2 billion bond portfolio for a commercial bank, and traded bonds and money market instruments.

He earned his Bachelor of Science degree in Business Management with emphases in Finance and English from Jacksonville State University and was awarded the Chartered Financial Analyst designation in 1997. He is founder and past President of the CFA Society of Idaho, a local affiliate of the CFA Institute. He is or has been a member of the Boards of Directors of the Boise Philharmonic Association, Junior Achievement of Idaho, the Idaho Shakespeare Festival, the Nigel Foundation, and the North End Neighborhood Association; is a member of Rotary International; and completed the Boise Chamber of Commerce's Leadership Boise program. Kenn was named to Idaho Business Review's 2004 list of individuals who were “Accomplished Under 40”.

Idaho Trust National Bank successfully launched its new full service “private business bank” in BoDo at the corner of 9th and Broad Street last fall. The commercial banking team incorporates more than 100 years of experience coupled with a unique European “concierge service” that offers clients a full range of business banking, personal banking, and wealth management with one company.

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Idaho Trust Names New Senior Trust Officer

(Boise) March 27, 2007—Idaho Trust National Bank President Thomas Prohaska announced that Robert Nokes has been appointed to the position of Chief Trust Officer

Prohaska said Nokes is in one of the key positions in our bank “serving as the senior fiduciary officer for our company. In that capacity he is responsible for management of all trust accounts for our clients.”

Nokes has been in the trust business for his entire 30 year career. In his words, Idaho Trust National Bank is a “great place to practice my chosen profession. It was built on providing high quality trust services to corporations, retirement plans, families and individuals.”

Nokes has an undergraduate degree in International Business form the University of Washington and a law degree from Gonzaga University. He worked at a large national bank where he managed a unit devoted to providing investment and trust services. From that post he was recruited by another company to form and manage a group of trust companies for a large regional bank in the states of Washington, Alaska, Oregon, Idaho, Utah and Wyoming. Most recently, Nokes started and managed a trust company devoted to serving the wealth management and legacy goals of individuals and their families.

Idaho Trust National Bank successfully launched its new full service “private business bank” in BoDo at the corner of 9th and Broad Street last fall. The commercial banking team incorporates more than 100 years of experience coupled with a unique European “concierge service” that offers clients a full range of business banking, personal banking, and wealth management with one company.

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Idaho Trust Names New Members of Management Team

(Boise) March 1, 2007—Idaho Trust National Bank President Thomas Prohaska announced that Thomas Ripke has joined the bank as the newest member of the Board and Mike Arevalo has been appointed as the Vice President, Senior Commercial Loan Officer.

As a Board member Ripke will play a key role in developing bank policy and serve as chairman of its loan committee. Before joining Idaho Trust Ripke had substantial experience in commercial banking serving in key executive roles with US Bank, West One Bank, and Omaha National Bank. He is a Creighton University graduate and has attended several banking programs including the highly regarded Stanford University Executive Program.

Over the span of his career Ripke has given much of his time to community and professional causes and has served as the Idaho State University Business School Board Member, Director and Executive Committee Member of the Boise Chamber of Commerce, and Chairman and Director of the United Way Campaign.

Arevalo's position as Vice President, Senior Commercial Loan Officer is an integral part of the expanded services now offered by Idaho Trust to its clients. Arevalo also served in several key commercial lending executive posts with Key Bank and U.S. Bank over the last fifteen years. He is a graduate of the University of Washington School of Business Administration and also attended the Pacific Coast Banking School at the University of Washington.

Arevalo has also given much of his time to community and volunteer activities over his career with Idaho Autism Society, the American Cancer Society, United Way, and March of Dimes.

Idaho Trust National Bank successfully launched its new full service “private business bank” in BoDo at the corner of 9th and Broad Street last fall. The commercial banking team incorporates more than 100 years of experience coupled with a unique European “concierge service” that offers clients a full range of business banking, personal banking, and wealth management with one company.

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Risks and Liabilities: Serving as a Trustee or PR

This presentation is a guide to anyone who may be serving as a trustee or personal representative. The guide presents the legal obligations along with ways to minimize the risks that are involved when one is acting as a trustee. The presentation was originally given on January 18th, 2007 at the Idaho Roundtable by Tom Prohaska, President of Idaho Trust National Bank.

Download PDF version - 150KB
(Download free Adobe Acrobat Reader)

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03.22.10 Have You Hugged Your (Local) Bank Today? 
02.10.10 More Americans Considering Community Banks! 
01.20.10 CDA Business Fair 
12.15.09 Wellness Cup 2010! 
11.17.09 Breast Cancer Awareness 
10.14.09 At The Shakespeare Festival 
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