Pub. 10 2020-2021 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 July • August 2020 1 ©2020 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. Don Childears CEO Jenifer Waller President Amanda Averch Director of Communications Lindsay Muniz Office Manager Mike Bintner Director of Education Margie Mellenbruch Bookkeeper* Craig A. Umbaugh Counsel* Jim Cole Lobbyist* Melanie Layton Lobbyist* Garin Vorthmann Lobbyist* Brandon Knudtson Director of Membership * 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: www.coloradobankers.org www.smallbizlending.org www.financialinfo.org 6 10 13 July/August 2020 6 PAGE Main Street Lending Program OVERACENTURY:BUILDINGBETTERBANKS—HELPINGCOLORADANSREALIZEDREAMS 2 A Word From CBA 3 Chairman’s Message 4 Managing Risk in an Uncertain Time 6 FEATURE ARTICLE: Main Street Lending Program 10 Social Engineering Scams 11 Six Ways to Protect Your Institution From Coronavirus- Related Cybersecurity Threats 12 FEATURE ARTICLE: Six Digital Banking Best Practices During the COVID-19 Outbreak 13 Grit + Growth Mindset: Women Advancing in the Post-COVID-19 World 15 Oil and Gas Loans: Some Best Practices for Troubled Times 16 A Solemn Farewell to Reg. D’s Convenient Transfer Restrictions