Pub. 11 2021-2022 Issue 1

O V E R A C E N T U R Y : B U I L D I N G B E T T E R B A N K S — H E L P I N G C O L O R A D A N S R E A L I Z E D R E A M S May • June 2021 1 ©2021 The Colorado Bankers Association is proud to present Colorado Banker as a benefit of membership in the association. No member dues were used in the publishing of this news magazine. All publishing costs were borne by advertising sales. Purchase of any products or services from paid adver- tisements within this magazine are the sole responsibility of the consumer. The statements and opinions expressed herein are those of the individual authors and do not necessarily represent the views of Colorado Banker or its publisher, The newsLINK Group, LLC. Any legal advice should be regarded as general information. It is strongly recommended that one contact an attorney for counsel regarding specific circumstances. Likewise, the appearance of advertisers does not constitute an endorsement of the products or services featured by The newsLINK Group, LLC. Don Childears CEO Jenifer Waller President Amanda Averch Director of Communications Brandon Knudtson Director of Membership Lindsay Muniz Director of Education Margie Mellenbruch Bookkeeper* Craig A. Umbaugh Counsel* Jim Cole Lobbyist* Melanie Layton Lobbyist* Garin Vorthmann Lobbyist* * Outsourced Amanda Averch, CBA Director of Communications, Averch@coloradobankers.org 140 East 19th Avenue, Suite 400 Denver, Colorado 80203 voice: 303.825.1575 — fax: 303.825.1585 Websites: coloradobankers.org smallbizlending.org financialinfo.org colorado-banker.thenewslinkgroup.org/ 10 14 23 May/June 2021 OVER A CENTURY: BUILDING BETTER BANKS — HELPING COLORADANS REALIZE DREAMS 8 PAGE 3 Tips for Bank Leaders in Today’s Environment 2 A Word From CBA: Proposed Air Pollution Rules Could Detour Economic Recovery 4 Chairman’s Message: Meet CBA’s New Chairman, Mike Brown, Regional President of Alpine Bank 6 Q&A: Meet Michael Stevens, GSBC’s President-Elect 8 FEATURE ARTICLE: 3 Tips for Bank Leaders in Today’s Environment 10 What is the American Jobs Infrastructure Proposal & What Taxes Would It Raise? 13 BankWork$ Helps Build Lasting Careers 14 IRA Plan Agreement: Model vs. Prototype 16 Making the Right Decisions: The Importance of Model Risk Management 18 Post-Pandemic Branch Strategy 19 Tactical Pillars for Quick Wins in Challenging Times 20 Is your Blanket Mortgage Impairment the Best Way to Protect your Assets? 21 Topic: Is a Relationship with Real Estate Capital Markets Advisors an Arrow in a Banker’s Quiver? 23 How Will Digital Lending Benefit Your Bank? 25 Take an Interest in Interest Rate Swaps