Pub. 4 2024 Issue 1

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Luke Roling Hired as Assistant Vice President/Loan Review Officer Luke Roling, Assistant Vice President/Loan Review Officer, began employment with MIB Banc Services LLC in November 2023. Currently, he assists community banks with loan reviews and lending compliance audits. Luke has over 10 years of experience in banking, joining from Hawthorn Bank, where he held the

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

Lincoln Financial Group 2005 Market St. #4Philadelphia, PA 19103www.lfg.com

West Plains Savings & Loan Association 417 Broadway St.West Plains, MO 65775westplainssavingsandloan.com United Bank of Union P.O. Box 500Union, MO 63084www.ubu.bank

The Community Bankers for Compliance (CBC) program, conducted by Young & Associates Inc., has been a cornerstone for nearly four decades, making it one of the longest-running programs of its kind in the United States. Your Missouri Independent Bankers Association (MIBA) has offered the program in the state of Missouri for the last nine years.

In 2018, the Gathering Tree in Springfield, Missouri, opened the doors at the first Eden Village, consisting of 30 manufactured homes that provide permanent, supportive, affordable and sustainable housing in a gated community to the chronically disabled homeless. Residents have access to a full range of supportive services such as case management, mental health, medical

Where are your main bank and branches located? What is the market like? The main bank is located in Brookfield, MO, with additional branches located in Milan, Eagleville, Kearney and North Kansas City. Verimore Bank has two markets. There is a rural market and a Kansas City Market. I work at the main branch in

Jennifer Lawton, CRCM, is the vice president of compliance and loan administration at Peoples Savings Bank, located in the small idyllic town of Hermann, Missouri. Her career path has not been traditional, but Jennifer feels like her choices have led her to the place she wants and needs to be. She was born in Linn,

To view this year’s winners, go to https://enter.amcpros.com/marcom/winners/.

As we have navigated the holiday season and hopefully had some time to wrap up some gifts as well as a successful 2023, let’s now spend a few minutes looking into pockets of relative value in the bond market. To get there, we should remind ourselves of the vagaries and ironies of fixed-income investing. In

Maintaining the spread between interest income and interest expense, deposit growth, liquidity and cybersecurity leads a list of community bankers’ top concerns, according to an annual survey. Several of these concerns spiked from their rankings in the 2022 survey, an indicator of how much the banking environment has changed over the last year. The findings

The Missouri General Assembly gaveled in for the 2024 legislative session on Jan. 3. House and Senate leaders made the usual first-day speeches outlining their vision for the 2024 session. With nine open Senate seats, over 30 open House seats and, at present, 10 House and Senate members running for statewide office, this year will

In December, both Fitch and S&P Global projected default rates for leveraged and high-yield loans will continue to rise in 2024.1 Against that backdrop, lenders would be wise to check in on the status of their collateral and loan documents and, if necessary, shore up any discovered issues. More specifically, lenders with multiple loans to

Bank collapses last year spurred panic over potential failures and bank runs that could topple our already fragile economy. With record-high inflation and a president unwilling to curtail his spending, it’s reasonable to look for a safety net to protect Americans. However, the proposal from the Federal Reserve, FDIC and Office of the Comptroller of

As we kick off the new year, our budgets have been set and our plans developed. But you know what they say about the best-laid plans: They change. Fortunately, community banks thrive on their ability to respond to market drivers, and in 2024, those demands point to instant payments. We’ve been monitoring developments with FedNow

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