Pub 17 2022 2023 Issue 5

CONTENTS 22 JANUARY/FEBRUARY 2023 EDITORIAL: Nebraska Banker seeks to provide news and information relevant to Nebraska and other news and information of direct interest to members of the Nebraska Bankers Association. Statement of fact and opinion are made on the responsibility of the authors alone and do not represent the opinion or endorsement of the NBA. Articles may be reproduced with written permission only. ADVERTISEMENTS: The publication of advertisements does not necessarily represent endorsement of those products or services by the NBA. The editor reserves the right to refuse any advertisement. SUBSCRIPTION: Subscription to the magazine, which began bimonthly publication in May 2006, is included in membership fees to the NBA. ©2023 NBA | The NewsLINK Group, LLC. All rights reserved. Nebraska Banker is published six times each year by The newsLINK Group, LLC for the NBA 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 NBA, 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. Nebraska Banker is a collective work, and as such, some articles are submitted by authors who are independent of the NBA. While Nebraska Banker encourages a firstprint 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. 8 PRESIDENT’S MESSAGE: CELEBRATE NEBRASKA’S BANKING INDUSTRY Richard J. Baier, President and CEO, Nebraska Bankers Association 12 WASHINGTON UPDATE: BEATING BACK A BAD IDEA How Bankers United to Play Defense Against Durbin Expansion Rob Nichols, President and CEO, American Bankers Association 14 CLIMATE CHANGE AND CLIMATE RISK MANAGEMENT FOR BANKS Julia A. Gutierrez, Director of Education, Compliance Alliance 16 WHAT CAN HISTORY TELL US ABOUT BALANCE SHEET AND MARGIN MANAGEMENT IN 2023? Andrew Okolski, Senior Financial Strategist, The Baker Group 22 COUNSELOR’S CORNER: A RESPONSE TO FEDERAL GRAND JURY SUBPOENAS, AND WHEN A SUBPOENA IS NOT NECESSARY Robert Kardell, Baird Holm, LLP 25 EDUCATION CALENDAR 26 TECH TALK: OUR STEPS TO BETTER BUSINESS CONTINUITY PLAN TESTING Cole Ponto, Senior Information Security Consultant, SBS CyberSecurity, LLC 26 4

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