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 5 initiatives will continue through the coming year and beyond. And finally, I look forward to seeing the CBA return to in-person gatherings to allow our members to learn and collaborate in more personalized settings. CB: How do you foresee the banking industry navigating the exit of the COVID pandemic? MB: As our industry moves beyond the COVID-19 pandemic, banks will continue to play a lead role in key areas of our state economy. Businesses across the state are now coping with the transition from a severely restrained business environment to one of rapid growth based upon pent-up demand. As they have always been, banks will be there to provide solutions to their customers. Housing continues to be a critical socioeconomic driver – and a key challenge – for our state. Across Colorado, our communities are experiencing a high demand for housing even as inventories shrink and construction costs escalate. Colorado’s banks will play a critical role in this area but must do so in prudent, managed ways that benefit all Coloradans. Internally, banks’ relationships with regulators must continue to be engaging and flexible as we continue to work with business and individual customers trying to recover from the pandemic. And like most other industries, banks will also have to navigate an ever-tightening labor market to find and develop the expertise our clients need and require. CB: What do you expect will be the main focus issues for the organization under your tenure? MB: Over the coming months, I think one of the primary issues for the Colorado Bankers Association will be to continue to stay abreast of legislative issues that directly and indirectly affect our industry and our customers. I believe private-public initiatives, such as the Payroll Protection Program, created knowledge and goodwill with our industry. At the same time, we continue to be challenged by state and federal legislation that could very well hamper banks, and often the general business community, with burdensome and duplicative regulations. The CBA leadership and staff have taken the lead role in working with its members and our government leaders with collaboration and excellence. Continuing this fine role remains a critical function of the CBA. n Denver | Fort Collins | Greeley CP2LAW.COM COAN, PAYTON & PAYNE, LLC PROVIDES A FULL RANGE OF LEGAL SERVICES TO THE BANKING INDUSTRY. R. Clay Bartlett G. Brent Coan Donovan P. Gibbons Amanda T. Huston Michael C. Payne Brett Payton Steven T. Mulligan Julie Trent Matthew L. Chudacoff The March/April issue of the Colorado Banker included an article written by Julie Trent, Senior Attorney, Coan, Payton & Payne, LLC. Unfortunately, the first paragraph was run incorrectly. It should have been: With the COVID-19 pandemic raging, the Colorado Legislature passed the Healthy Families & Workplaces Act, CRS § 8-13.3-401, et. seq. (the “HFWA” or the “Act”), which went into effect on Jan. 1, 2021. The law requires employers to provide paid sick leave to their employees. We apologize for the error, and we encourage you to read the article again, in it’s entirely here: https://colorado-banker.thenewslinkgroup.org/employer-paid-sick- leave-in-colorado/ Julie Trent is a senior attorney with Coan, Payton & Payne, LLC. She practices in all areas of general commercial litigation and employment law, assisting many types of businesses and financial institutions in a wide range of cases.