OFFICIAL PUBLICATION OF THE MISSOURI INDEPENDENT BANKERS ASSOCIATION

August 1, 2023

3 Stages To Unlock A People-First Work Culture

We all know how hard it is to attract and retain top talent in the competitive community bank market. The challenge is even more acute today, considering how macroeconomic conditions have changed during the past several months. As a Chief People Officer, I have seen the value of creating and maintaining an agile, people-first work

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Adopting A Holistic FRAML Approach To Fight Financial Crime

As digital payments and online transactions increase, the risk of bad actors fraudulently using these channels is growing as well. The United Nations estimates that 3% to 5% of the global GDP — around $5 trillion — is laundered each year across the world. Fraudsters steal billions of dollars annually from organizations and individuals in

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2023 MIBA PAC Honor Roll

Contributors to the MIBA Political Action Committee are recognized for their generosity on the Association’s website and at the MIBA Annual Convention and Exhibition. Different levels of contribution have been set to recognize supporters of our Political Action Committee fund and to make the Association’s membership more aware of this important facet of our work

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Multi-Factor Authentication: How Having a Layered Defense for Your Bank Can Help to Combat Cyber Threats

Top 100 RESULTS Technology is ranked among the world’s Top 100 Vertical Market MSPs for 2023, according to ChannelE2E, a CyberRisk Alliance resource. As a leader and decision-maker at your bank, you know that technology is a double-edged sword. It helps you work effectively, learn more about your customers, and make better decisions. But the

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Value Added: High Baseline Yields Accompany Surprisingly Wide Spreads

If your responsibilities include your community bank’s bond portfolio, you’ve been confounded by several elements of its performance in the last 18 months. To the extent your portfolio has mortgage-backed securities (MBS) and government agency bonds, and the clear majority of all bonds owned by banks are in these two categories, they’ve certainly lost value

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A Background On John Denkler, President & CEO, First State Bancshares and Co-Vice Chairman, First State Community Bank

Above — Grand Giveaway Program: We awarded a $50,000 prize to one of our long term customers. She has been a customer for over 30 years starting as a Junior saver. MIBA recently sat down with John Denkler and got to know more about him, his career and his thoughts on the industry. We would like

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Legal Eagle Spotlight: Know Your Alternatives – Common Non-Bankruptcy Alternatives in Troubled Loans

While many lenders are familiar with dealing with troubled loans once they are in bankruptcy, there are a variety of non-bankruptcy alternatives that a lender should be aware of as part of its loan enforcement toolbox. Depending upon the circumstances, bankruptcy alternatives can provide a lower-cost alternative to formal bankruptcy proceedings with greater control, flexibility

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Meet Your Missouri Banker: Jennifer Marantz

Jennifer Marantz, SVP, Director of Corporate CommunicationsBank of Springfield (BOS) Where are your main bank and branches located? What is the market like? BOS was founded in Springfield, IL, in 1965 and has 14 branches in Illinois and Missouri. In 2014, we opened our first Missouri office in Brentwood, MO, which moved to Clayton, MO,

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A View From the Capitol

Environmental, social, and governance (ESG) policies remain very present in corporate America, with companies giving in to pressure from progressive investors and policymakers to get on board with things like climate initiatives and other social policies that have nothing to do with the company or its practices. Corporate boardrooms have become political platforms for extreme

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President’s Message: Successful Management and Operation

In today’s rapidly evolving financial landscape, the success of a bank hinges on the effective management and seamless operations it employs. The senior leadership of any financial institution plays a crucial role in driving growth, innovation and customer satisfaction. Visionary Leadership At the helm of every successful bank is a team of visionary leaders who

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