Pub. 9 2019-2020 Issue 3

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 2019 1 2 A Word From CBA... 4 Chairman’s Message 6 Redefining Banker That lack of awareness can be an obstacle to recruiting talent in an increasingly tight job market. 8 FEATURE: Offering IRAs can be Easy and Profitable If your organization is looking for ways to increase its deposit base, then offering IRAs could be the perfect solution. 10 FEATURE: Squeezing More Margin from Your Portfolio: It’s All About Relationships Financial institutions continue to face tight margins, challenges in growing loan and deposit levels, heavy competition, and continued pressure on earnings. 12 CBA Associate Member Cirrus Lender Services Pens White Paper Analyzing Activity-based Costing While efficiently delivering services that enhance the client experience. 14 2,000 Consumers Told Us Their Worst Cybersecurity Fears – Here’s what you can do to help your customers conquer their concerns 16 How to Ride out an Inverted Yield Curve It’s been about four months since the famed yield curve, which plots bond yields from shortest maturity to longest. T a b l e o f 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 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 4 8 13