2025 Pub. 5 Issue 1

For more information contact Rebecca Young at ryoung@miba.net or visit our website at www.miba.net.

Where is your main bank and branches located? What is the market like? Our main bank is located in Carrollton. We have three other branches located in Marshall, Sedalia and Blue Springs. I work at the main branch in Carrollton. We specialize in ag, commercial and secondary markets. What is something unique about your bank?

Wire fraud has become one of the most significant threats facing community banks in the last few years. Wire transfers used to be seen as an efficient and secure way to transfer funds from one account to another. However, because the transfers generally take place almost instantly, fraudsters are focusing their attention on ways to access customer account information to initiate wire transfers, and as a result, wire transfer fraud and resulting losses have increased significantly.

With less than one month left in his eight-term Congressional tenure, Rep. Blaine Luetkemeyer released the following statement regarding his legacy serving Missouri’s Third District:
“Above all, I’m proud to have advocated on behalf of thousands of individual constituents dealing with federal agencies. From gaining access to veterans’ benefits to acquiring passports for family vacations, it has been an honor and a privilege to serve Missouri’s Third District.”

Register today at icba.org/live.

The 2025 Session of the Missouri General Assembly kicked off at noon on Jan. 8. As expected, Dr. Jon Patterson and Alec Riley were elected speaker of the House and majority leader, respectively, key leadership positions in the House. Cindy O’Laughlin and Tony Luetkemeyer were elected president pro tem and majority leader, respectively, key leadership positions in the Senate.

Joe Armour was born and raised in historic St. Charles, Missouri. From a young age, Joe knew that he wanted to be a banker, making him the first to choose this career path in his family. “I think the reason why I went to banking is that, as a banker, you get to help people. Many people don’t see banking that way, but that’s what bankers do, they help people,” Joe said.

The start of a new year brings with it opportunities, and as we enter 2025, we do so with an eye toward the potential that awaits. For years, we’ve been seeking balance across a number of areas, encouraging regulators and legislators to initiate more proportionate rulemaking, embracing innovation for our banks to become nimbler and more efficient, and engaging in education to expand our knowledge in today’s banking environment. This year, we’ll see results through focused strategy and hard work.