24 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 14 12 President’s Message 5 Get Involved By Tim Schreiber, President, MIB 5 MIB Upcoming Events Executive Director’s Message 6 Big Fun Under the Big Sky By James E. Brown, Esq., Executive Director, MIB Flourish 8 Why the Community Bank Story Matters in Advocacy By Rebeca Romero Rainey, President and CEO, ICBA From The Top 9 Driving Community Banking’s Agenda with Advocacy By Lucas White, Chairman, ICBA 10 Dialing It Back Simple Bonds Find Favor with Portfolio Managers in 2024 By Jim Reber, President and CEO, ICBA Securities Featured Associate Member 12 Big Sky Finance By Brandon Berger, Big Sky Finance 14 MIB Reports From the 2024 ICBA National Convention 16 Compliance Q&A Spring 2024 By William J. Showalter, CRCM, Senior Consultant, Young & Associates Inc. 20 Funding Strategies: Using Community Investment Advances to “Double-Dip the Chip” By John Biestman, FHLB Des Moines 22 Securing the Future The Critical Role of Cybersecurity in Business Lending By Noah Potti, Co-Founder, Adversis — A Cyber Risk Management Company 24 Montana Independent Bankers 2024 Convention and Trade Show 28 2024 MIB Membership Directory 29 MIB Associate Member Resource Guide 30 MIB Associate Member Banks 31 Bank Training Webinars Contents SPRING 2024 4 Community Banker
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