20 14 8 4 PRESIDENT’S MESSAGE Wins Worth Celebrating By Loren Brown, President, MIB 6 EXECUTIVE DIRECTOR’S MESSAGE New Partnerships and Opportunities By Shane Scanlon, Executive Director, MIB 8 FLOURISH Battling the Many Faces of Fraud, Together By Rebeca Romero Rainey, President and CEO, ICBA 10 Compliance Q&A By Bill Showalter, Senior Consultant, Young & Associates Inc. 14 MIB FEATURED ASSOCIATE MEMBER BankOnITUSA 16 PORTFOLIO MANAGEMENT The Rule of Three Bond Portfolio Yields Are at Multiyear Highs By Jim Reber, President and CEO, ICBA Securities 18 What Community Bankers Need To Know About the End of Penny Production By Lance Noggle, Senior Vice President, Operations and Senior Regulatory Counsel, ICBA 20 University of Montana Tailgate Round Up Cosponsored by MIB and Bell Bank 23 2026 MIB Associate Membership Renewal 24 MIB Women in Banking Conference Recap 27 Pioneer Federal Savings and Loan Association Adopts Plan of Conversion 28 2025 MIB Membership Directory 28 MIB Associate Member Banks 29 MIB Associate Member Resource Guide 30 Bank Training Webinars Contents FALL 2025 2025 MIB EXECUTIVE OFFICERS Loren Brown, President Ascent Bank, Helena lbrown@ascentbank.com Amber Brown, Vice President Peoples Bank of Deer Lodge abrown@pbdl.net Clinton Gerst, Secretary Bank of Bozeman cgerst@bankofbozeman.com Laura Clark, Treasurer Opportunity Bank lclark@oppbank.com Tim Schreiber, Immediate Past President Farmers State Bank tims@farmersebank.com Kenny Martin, ICBA State Director Independence Bank, Helena kennym@ibyourbank.com 2025 MIB BOARD OF DIRECTORS Amanda Burgess Madison Valley Bank, Ennis Tom Christnacht First Security Bank of Deer Lodge Bill Coffee Stockman Bank, Miles City Daniel Day Bank of Montana, Missoula Shawn Dutton First Security Bank of Roundup Mike Hawthorne First Montana Bank, Missoula Logan Hensley Valley Bank of Kalispell Brice Kluth First State Bank of Shelby Scott Mizner American Bank, Bozeman Joel Rosenberg Three Rivers Bank of Montana, Kalispell Andrew West Eagle Bank, Polson Phil Willett Pioneer Federal Savings and Loan, Dillon ASSOCIATE BOARD MEMBER Ryan Fritz Citizens Alliance Bank rfritz@citizensalliancebank.com MIB STAFF Shane Scanlon, Executive Director Montana Independent Bankers shane.d.scanlon@gmail.com ©2025 The Montana Independent Bankers Association (MIB) | The newsLINK Group LLC. All rights reserved. Community Banker is published four times per year by The newsLINK Group LLC for MIB and is the official publication for this association. The information contained in this publication is intended to provide general information for review, consideration and education. The contents do not constitute legal advice and should not be relied on as such. If you need legal advice or assistance, it is strongly recommended that you contact an attorney as to your circumstances. The statements and opinions expressed in this publication are those of the individual authors and do not necessarily represent the views of MIB, its board of directors or the publisher. Likewise, the appearance of advertisements within this publication does not constitute an endorsement or recommendation of any product or service advertised. Community Banker is a collective work, and as such, some articles are submitted by authors who are independent of MIB. While a first‑print policy is encouraged, in cases where this is not possible, every effort has been made to comply with any known reprint guidelines or restrictions. Content may not be reproduced or reprinted without prior written permission. For further information, please contact the publisher at (855) 747-4003. MONTANA INDEPENDENT BANKERS 1812 11th Ave. PO Box 4893 Helena, MT 59604 (406) 449-7444 shane.d.scanlon@gmail.com mibonline.org On the Cover: Members of the MIB Board of Directors (Laura Clark, Opportunity Bank; Amber Brown, Peoples Bank of Deer Lodge; and Amanda Burgess, Madison Valley Bank) attend the 4th annual Women in Banking Conference. Community Banker 3
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