Pub. 8 2018-2019 Issue 2

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 September • October 2018 3 The Colorado Bankers Association is proud to present COLORADOBANKERas a benefit of membership in the Association.Nomember 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 ap- pearance of advertisers does not constitute an endorsement of the products or services featured by The newsLINK Group LLC. Don Childears President/CEO Jenifer Waller COO Amanda Averch Director of Communications Lindsay Muniz Executive Assistant Mike Bintner Director of Education Margie Mellenbruch Bookkeeper* Craig A. Umbaugh Counsel* Jim Cole Lobbyist* Zoey DeWolf 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 September/October 2018 OVERACENTURY:BUILDINGBETTERBANKS -HELPINGCOLORADANSREALIZEDREAMS FINCEN ANNOUNCES UPDATE TO THE SUSPICIOUS ACTIVITY REPORT (SAR) 4 Chairman’s Message 5 A Word From CBA... 6 Collateral Analytics: Your Neighborhood School May Determine Home Values Data Suggests School Quality Affects Pricing 8 FEATURE: FinCEN Announces Update to the Suspicious Activity Report (SAR) 10 FEATURE: Fifth Circuit Strikes Down Department of Labor’s Fiduciary Rule 12 Good News for Banks: Congress Makes Way for Reciprocal Deposits 14 FEATURE: Community Banks Zap the Tech Gap 16 HSAs – An Investment Tool Beyond Healthcare 18 Are You Deciding to Make Less Money? 22 More Banks Turn To Captives To Enhance Enterprise Risk Management