Pub. 3 2023 Issue 5

INSIDE THIS ISSUE 16 22 26 32 Published for the Missouri Independent Bankers Association P.O. Box 1765 Jefferson City, MO 65102 573.636.2751 | miba.net Editor: Matthew S. Ruge Executive Director ©2023 The Missouri Independent Bankers Association | The newsLINK Group, LLC. All rights reserved. The Show-Me Banker Magazine is published six times a year by The newsLINK Group, LLC for The Missouri Independent Bankers Association 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 Missouri Independent Bankers 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 Show-Me Banker Magazine is a collective work, and as such, some articles are submitted by authors who are independent of The Missouri Independent Bankers Association. While The Missouri Independent Bankers Association 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. 6. President’s Message Another Successful Convention 8. Flourish 9. From the Top 10. A View From the Capitol CFPB Loses in Court Again 12. MIBA Lobbying Report 12. MIBA Upcoming Events 13. Surviving Versus Thriving in Today’s Market 14. Legal Eagle Spotlight AI in Lending Decisioning and Unintended Discrimination 16. A Background On 2023-2024 MIBA President Mark Laune 20. MIBA 46th Annual Convention Golf Tournament 21. Thank You to Our 2023 Convention Sponsors 22. A Look Around MIBA’s Annual Convention MADE IN THE USA 24. Monetary Policy for the WIN The Fed Was Battling Inflation 50 Years Ago, Too 26. Economic Uncertainty, Rising Interest Rates Challenge Banks 28. Can Enhanced Due Diligence Help Your Bank Avoid Cybersecurity Risk? 31. 2023 MIBA PAC Honor Roll 32. Unleashing the Power of AI in Banking Empowering Bankers and Enhancing Customer Experience 34. News From You 35. New Associate Members 35. Welcome to Our Newest Bank Member 36. 2023 MIBA Financial Directories Are Available! 38. Upcoming Webinar Schedule On the cover: 2023-2024 MIBA Chairman David Alderton and MIBA Past Chairman Paul Hill 4 | The Show-Me Banker Magazine

RkJQdWJsaXNoZXIy MTg3NDExNQ==