OFFICIAL PUBLICATION OF THE MONTANA INDEPENDENT BANKERS ASSOCIATION

April 24, 2022

Five-Important-Financial-Tips-to-Teach-Your-Kids

Five Important Financial Tips to Teach Your Kids

Those raised without much financial guidance understand how important it is to learn about money early. Especially with saving and investing, applying financial knowledge from childhood is key to compounding financial gains. Thankfully, there are many resources you can use to inform your children about economics, so they are set up for a promising future. Here are five tips you can pass along.

Five Important Financial Tips to Teach Your Kids Read More »

MIB-News Eagle Bancorp Montana

MIB News: Eagle Bancorp Montana Announces Executive Management Succession Strategy

On Mar. 16, 2022, Eagle Bancorp Montana, Inc. (the “Company,” “Eagle”), the holding company of Opportunity Bank of Montana (the “Bank”), today announced that Peter J. Johnson, President and Chief Executive Officer, will retire at the end of the year. The Board of Directors named Laura Clark, the current Executive Vice President, Chief Financial Officer and Chief Operating Officer of the Company, to succeed the position of President of the Company and the Bank, effective Apr. 1, 2022. She will also join the Board of Directors at that time. Following Mr. Johnson’s retirement on Dec. 31, 2022, Ms. Clark will assume the responsibilities of President and Chief Executive Officer of the Company and the Bank.

MIB News: Eagle Bancorp Montana Announces Executive Management Succession Strategy Read More »

MIB-Outstanding-Young-Banker-Award

MIB News: MIB Outstanding Young Banker Award

MIB Outstanding Young Banker Award This award is to recognize upcoming leaders in Montana’s banking community, and we honor one special young banker each year. The recipient of this award will receive free convention registration, three nights of lodging during the 2022 MIB Annual Convention — held July 27th-29th 2022, in Whitefish — $100 in

MIB News: MIB Outstanding Young Banker Award Read More »

Pete-Johnson-Opportunity-Bank-of-Montana

MIB News: Helena Area Chamber Names Opportunity Bank 2021 Business of the Year

Helena Area Chamber Names Opportunity Bank 2021 Business of the Year Opportunity Bank has been named the 2021 Business of the Year by the Helena Area Chamber of Commerce. The announcement was made at the Chamber’s 15th Annual Awards luncheon on Thursday, Jan. 27, 2022.In recognizing Opportunity Bank, Chamber Board Chair Bob Heberly noted, “There

MIB News: Helena Area Chamber Names Opportunity Bank 2021 Business of the Year Read More »

It’s-Time-to-Dust-Off-Your-Economics-Textbooks

It’s Time to Dust Off Your Economics Textbooks and Develop a Marginal Cost of Funds Culture

Rising Rates: It’s Time to Implement a Marginal Cost Culture in Your Bank
Rates are on the rise. Banks are watching what their competitors are doing with their deposit rates. Richard H. Thaler, Behavioral Economist and recipient of the 2017 Nobel Prize for Economic Sciences, once summed up the human gut-level emotion of peer pressure and competition:

It’s Time to Dust Off Your Economics Textbooks and Develop a Marginal Cost of Funds Culture Read More »