Archives for January 2015

Legislative Update: January 24, 2015

The legislature just completed its third week of the session. Legislation of Interest to the Industry: Minimum wage: Maybe the most important development at the Legislature this week was the fact that a Senate Committee killed off a proposal (Senate Bill 2) from Sen. Jonathan Windy Boy (SD 16 – Box Elder) to raise Montana’s minimum wage Read the Rest…

The Passing of Friends of MIB

We at MIB were saddened to hear of the recent passing of two long-time leaders in Montana’s banking community. Donald Vondra was President, CEO, and Chairman of the Board of United Bank in Absarokee. While vacationing with friends in Mazatlan, Mexico, Don Vondra passed away Jan. 11, 2015, due to medical complications. In the summer Read the Rest…

MIB and MBA Hold Joint Legislative Meetings and Banquet

The Montana Independent Bankers and the Montana Bankers Association held their biennial joint legislative meeting on January 14-15, 2015 to discuss issues of interest to Montana’s banks with Montana’s legislators. Leadership from both the House and Senate were present for a question-and-answer luncheon, and Governor Steve Bullock spoke at their breakfast.  Both associations also hosted Read the Rest…

MIB Board Welcomes New Director

MIB is pleased to welcome a new director to its board of directors.  Joel Rosenberg is Vice President of Consumer and Commercial Lending at Valley Bank of Kalispell, where he has worked for the past ten years. Joel received a degree in Finance in 2003 from the University of Montana Business School where he was Read the Rest…

Eagle Bank Announces New Officers

Eagle Bank was established July 24, 2006 with only one branch in rural Polson, Montana.  The current asset size averages $45 million.  Our bank holding company, Salish and Kootenai Bancorporation, is the only federally chartered bank holding company organized under Section 17 of the Indian Reorganization Act of 1934.  Eagle Bank, chartered by the State Read the Rest…

Powerful Community Banks Submit ‘Wish List’ To Congress

By RYAN TRACY. Originally posted on the Wall Street Journal. Updated Jan. 14, 2015 8:19 p.m. ET Lately, Washington has been awash in debates over policies that could benefit Wall Street banks. But quietly it’s been smaller, locally focused community banking sector racking up policy wins. Community bankers backed a preferred candidate nominated to the Federal Reserve Read the Rest…

Legislative Update: January 12, 2015

The first week of the Montana Legislature has come and gone.   The new legislative members were sworn in on January 5th. As the first week is generally reserved for procedural matters, there was little of legislative substance that took place, and nothing of major importance for the community banking industry was considered. The most ‘important’ Read the Rest…

ICBA Statement on White House Nomination of Allan Landon for Fed

Washington, D.C. (Jan. 6, 2015)—Camden R. Fine, president and CEO of the Independent Community Bankers of America® (ICBA), released this statement today following the White House’s nomination of Allan Landon for the Federal Reserve Board. “ICBA is pleased that the President has announced his intent to nominate someone with community banking experience and supports Allan Read the Rest…

Legislative Update: January 5, 2015

Lawmakers convene today for the start of the 2015 Montana legislative session.  The swearing in session will commence at 12:00 at the state capitol building. Even before newly elected and re-elected members have been sworn in, there have been a number of legislative measures that have been “pre-filed” and that will be formally introduced following Read the Rest…

ICBA’s Top 5 Banking Priorities for Millennials

As a helpful resource for your 2015 strategic planning, ICBA is pleased to present the white paper, “Five Millennial Banking Trends.” Written by Jason Dorsey, Gen-Y guy and chief strategy officer for The Center for Generational Kinetics, this white paper details the five things Millennials consider before choosing their next bank, which include: • demand Read the Rest…

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