contents ©2024 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 advertisements 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. Jenifer Waller President & CEO Alison Morgan Director of State Government Relations Brandon Knudtson CFO & Director of Membership Lindsay Muniz Director of Education Patricia Wells Director of Communications Megan Carruth Executive Assistant Margie Mellenbruch Bookkeeper* Melanie Layton Lobbyist* Garin Vorthmann Lobbyist* Andrew Wood Lobbyist* Caroline Woodhouse Lobbyist* *Outsourced 140 East 19th Avenue, Suite 400 Denver, Colorado 80203 Office: (303) 825-1575 Websites: coloradobankers.org smallbizlending.org financialinfo.org colorado-banker.thenewslinkgroup.org BUILDING BETTER BANKS — Helping Coloradans Realize Dreams 10 14 4 CHAIRMAN’S MESSAGE The Value of CBA Shawn Osthoff, President, Bank of Colorado 5 Center for Bank Advocacy August 2024-May 2025 6 Choosing a Deposit Network and Maximizing Its Value for Your Bank By Steve Kinner, Senior Managing Director, IntraFi® 7 From Transactions to Transformations AI’s Role in Shaping Next-Gen Banks By Dan Bruder, CEO of Blendification, Instructor of Strategy and Entrepreneurship at CU, Boulder 10 Data Is the New Oil How Banks Can Use Data to Make Better Lending Decisions By Charles Groome, VP of Growth, Biz2X 12 CBA Centerpoint Going Beyond the Desk To Hear the Stories of Colorado Bankers 14 CECL: It Doesn’t End with Adoption By Elliott Holmes, Assurance Senior Manager, Plante Moran 16 The Great Liability Rollover Price Taker or Price Setter? By Brian Leibfried, Managing Director of Insights, Performance Trust Capital Partners 18 Data Privacy – Getting Started By Dr. Kevin Streff, American Security & Privacy 20 WASHINGTON UPDATE Courts Pump the Brakes on CRA Overhaul By Rob Nichols, President and CEO, American Bankers Association 21 Beyond Fear Embracing the Duality of AI in Banking By Anne Benigsen, President, CivITas Bank Solutions 22 ATM Terminal Security Fraud and Attack Detection By Levi Daily, CTO, Cook Solutions Group 2023-2024 Issue 6 3 Colorado Banker
RkJQdWJsaXNoZXIy ODQxMjUw