14 2024 MIB EXECUTIVE OFFICERS Tim Schreiber, President Farmers State Bank tims@farmersebank.com Loren Brown, Vice President Ascent Bank, Helena lbrown@ascentbank.com Amber Brown, Secretary Peoples Bank of Deer Lodge abrown@pbdl.net Clinton Gerst, Treasurer Bank of Bozeman cgerst@bankofbozeman.com Andrew West, Immediate Past President Eagle Bank, Polson awest@eaglebankmt.com Kenny Martin, ICBA State Director First Montana Bank, Helena kmartin@firstmontanabank.com 2024 MIB BOARD OF DIRECTORS Tom Christnacht First Security Bank of Deer Lodge Laura Clark Opportunity Bank, Helena Bill Coffee Stockman Bank, Miles City Daniel Day Bank of Montana, Missoula Shawn Dutton First Security Bank of Roundup Brice Kluth First State Bank of Shelby Scott Mizner American Bank, Bozeman Mike Moore Stockmens Bank, Cascade Joel Rosenberg Three Rivers Bank of Montana, Kalispell Phil Willett Pioneer Federal Savings and Loan, Dillon ASSOCIATE BOARD MEMBER Ryan Fritz Citizens Alliance Bank rfritz@citizensalliancebank.com MIB STAFF Jim Brown, Executive Director Montana Independent Bankers jbrown@mibonline.org ©2024 Montana Independent Bankers | The newsLINK Group, LLC. All rights reserved. Community Banker is published four times each year by The newsLINK Group, LLC for the Montana Independent Bankers 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 the Montana Independent Bankers, 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 the Montana Independent Bankers. While Community Banker encourages a first-print policy, 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. P.O. Box 4893 Helena, MT 59604-4893 406.449.7444 jbrown@mibonline.org mibonline.org 10 6 President’s Message 6 Promoting Our Community Banks By Tim Schreiber, President Executive Director’s Message 8 Making 2024 Another Great Year By James E. Brown, Esq., Executive Director Flourish 10 Continuing the Climb for Our Communities By Rebeca Romero Rainey, President and CEO, ICBA From The Top 11 Why Instan Payments Need To Be a 2024 Priority By Derek Williams, Chairman, ICBA 12 Spread the Wealth Some Bond Sectors Performed Better Than Others in 2023 By Jim Reber, President and CEO, ICBA Securities 14 Compliance Q&A Winter 2024 By William J. Showalter, CRCM, Senior Consultant, Young & Associates Inc. 18 The Role ofYour Insurance Partner in the Event of a Cyber Incident By Insurance Strategies, Inc. 20 HMDA & CRA Adjustments Are Here By William J. Showalter, CRCM, Senior Consultant, Young & Associates Inc. 22 MIB Upcoming Events 24 Application Red Flags How To Prevent Financing Fraud By BHG Financial 26 Six Ways to Gauge Your Core’s Performance By SHAZAM 28 2024 MIB Membership Directory 29 MIB Associate Member Resource Guide 30 MIB Associate Member Banks 30 Save the Date: 2024 Convention and Trade Show 31 Bank Training Webinars Contents WINTER 2024 4 Community Banker
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