Pub. 11 2021 Issue 2

4 www.azbankers.org Paul Hickman President & CEO Bill Ridenour General Council Fennmore Craig Steven Killian Director of Government Relations Kerensa Williams Director of Operations Carly Friday Membership & Government Relations Coordinator 111 West Monroe, Suite 440 Phoenix, Arizona 85003 Phone: (602) 258-1200 AZBA OFFICERS, DIRECTORS AND STAFF 2020-2021 AZBA STAFF IN THIS ISSUE @ 2021 Arizona Banker Association (AzBA) |The newsLINK Group, LLC. All rights reserved. The Arizona Banker is published four times each year by The newsLINK Group, LLC for AzBA and is the official publication for the association. The information contained in this publication is intended to provide general information for review and consideration. 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 specific circumstances. The statements and opinions expressed in this publication are those of the individual authors and do not necessarily represent the views of the association, 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. The Arizona Banker is a collective work, and as such, some articles are submitted by authors who are independent of AzBA. While AzBA and the newsLINK Group 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 newsLINK Group at 855-747-4003. 6 Perspective on the Paycheck Protection Program 8 Under the Copper Dome — We’re in the Money: The 2021 Legislative Session 9 How Will CECL Affect Your Institution’s Securities? 10 Financial Literacy Matters, Especially Now 12 The Pandemic and the Continuing Supervisory Guidelines 14 ATM Thefts 16 AzBA Fintech Council Background and Current Status 20 Introducing MarTech Without the Migraine. 22 How Alternative Financing Expands Opportunities For Banks And Their Customers Banking Equipment and Security Services Bankers Bank of the West..............................................Page 15 Bell Bank..........................................................................Page 2 Equipment Leasing Equipment Leasing Services, L.L.C..................................Page 5 Financial United Bankers Bank....................................................Page 11 BHG Bank Group.................................................................OBC Independent Trust Companies Zia Trust, Inc...................................................................Page 19 Cannabis Banking Shield Compliance...........................................................Page 3 OFFICERS Brian Schwallie Chairman Head of Commercial Deposits and Payments U.S. Bank Jack Barry Immediate-Past Chairman Chairman and CEO Enterprise Bank & Trust Brad Parker Chairman-elect Phoenix City President BBVA Scott Vanderpool Vice Chairman/Secretary Market Executive Bank of America Rob Schwister Treasurer Market President Alerus Financial MEMBERS AT LARGE Kyle Becton Market Executive JP Morgan Chase Bank Neal Crapo Executive Vice President Wells Fargo Don Garner CEO Alliance Bank of Arizona Joel Johnson Executive Vice President First Bank Kyle Kennedy Phoenix President Bell Bank Dave Matthews Senior Vice President/Regional President Bank 34 Dave Ralston Arizona Market CEO BOK Financial Brian Riley President & CEO Foothills Bank Dina Ryan Director/Southwest Region State and Local Government Relations Citigroup Patrick Strieck Head of Retail Banking BMO Harris Bank Ralph Tapscott President and CEO Horizon Community Bank Mark Young President and CEO National Bank of Arizona