Community banks must engage customers on new IRS reporting mandates

By Rebeca Romero Rainey If community bankers weren’t busy enough continuing their heroic economic response to the pandemic, a recent proposal to impose new IRS reporting mandates on customer bank accounts has become a major advocacy priority. To counter the plan, community bankers and their customers should weigh in directly with their members of Congress Read the Rest…

Dory A. Wiley, Fox News Contributor to speak at Montana Independent Bankers Convention

Dory A. Wiley, President & CEO  LLC, the holding company for Commerce Street Capital, LLC (“CSC”), a FINRA-member broker/dealer and Commerce Street Investment Management, LLC (“CSIM”), an SEC-registered investment advisor. Since co-founding the firm in 2007, his primary focus has been the management and growth of the broker-dealer and private investment funds that specialize in Read the Rest…

Operational risk resources to help community banks stay secure amid cyberattacks

  By Joel Williquette In the wake of the high-profile cyberattacks on SolarWinds and Colonial Pipeline affecting national security and the everyday lives of Americans, cybersecurity has never been a more pressing concern to community banks. Fortunately, ICBA offers access to various resources to help community banks maintain their edge in cyber defense. Operational Risk ICBA Read the Rest…

Robert Fisher: Lead with integrity

  One of my early mentors told me, ‘It’s often easier to ask for forgiveness than to ask for permission.’ That piece of advice has … allowed us to be a little more progressive as a bank. Leading a family-owned community bank offers a lot of opportunities, but transitioning into the helm comes with a number Read the Rest…

How A Small Montana Bank Became A Big Payroll Protection Program Lender

The economic downturn from COVID-19 has pummeled main street businesses, but the Payroll Protection Program loans of the Cares Act have saved hundreds of thousands of them. On April 3, 2020, the first day of the first round of PPP loans, the number one lender in the country was, surprisingly, Montana’s Stockman Bank. Over the Read the Rest…

CSBS Elects Montana’s Melanie Hall as Chair 

Washington, D.C. – The Conference of State Bank Supervisors (CSBS) today announced the election of Montana Commissioner of Banking and Financial Institutions Melanie Hall as the new chair of the CSBS Board of Directors.   CSBS also elected new officers for 2021-22 and announced new committee chair appointments during the organization’s annual membership meeting, held Read the Rest…

Crypto Chronicles: Bitcoin 101 for Community Bankers

The payments industry is abuzz with excitement as one topic continues capturing headlines, with profound implications for community banks: Bitcoin. As the original digital currency, Bitcoin has steadily climbed from obscurity to reach a total market capitalization of over $1 trillion. The lofty valuations, however, often come with precipitous declines—it is not uncommon for Bitcoin’s Read the Rest…

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