OFFICIAL PUBLICATION OF THE MISSOURI INDEPENDENT BANKERS ASSOCIATION

Pub. 2 2022 Issue 6

Tammy and Raeann grad pic

A Background on Tammy Kilgore – Sr. Vice President, Farmbank

MIBA sat down recently with Tammy Kilgore to discuss banking, our association, and life in general. She is presently Senior Vice President of farmbank and is a licensed CPA in Missouri and Nebraska. For 30 years, she has been married to her husband, Steve (who, for 45 years, has owned and operated a Black Angus

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A View From the Capitol: Stability

I have said many times in this magazine and other publications that when the world shut down in 2020, governments, businesses, and everyday people turned to the banks for stability. The government asked you to facilitate the PPP program, and businesses asked for flexibility as they navigated the unknown. Well-run and well-capitalized banks were able

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Legal Eagle Spotlight: Eight Steps to Handling a Cybersecurity Crisis at Your Bank

Around the country, banks and other financial institutions are doubling down on cybersecurity efforts in order to protect against a recent spike in destructive attacks, ransomware, and “island hopping” – a type of hack that involves attackers exploiting the weaknesses of small businesses to move laterally to target larger organizations. Financial institutions cannot ignore this

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MIBA Lobbying Report: Elections and more

As this was written, the November 2022 mid-term election was underway. With a U.S. Senate seat, State Auditor, all Congressional seats, 17 of the State Senate’s 34 seats and all 163 State House of Representatives seats up, there were many moving parts this election. Further complicating this election cycle, 2022 was a re-apportionment year, meaning

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Businessman using digital payment

From the Top: FedNow

We’ve been working toward a faster payments future for a decade now, and we’re finally seeing the fruits of our labor: the launch of FedNow. Our efforts to encourage the Fed to offer an instant payments solution have led to this result; it was our voices that expedited FedNow’s time to market, with the Fed updating the original timeline
due to our focused advocacy efforts. By
mid-2023, we will be able to begin offering this solution to our customers.

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