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OFFICIAL PUBLICATION OF THE MONTANA INDEPENDENT BANKERS ASSOCIATION

May 2025

The Impact and Key Elements of a Compensation Strategy

The landscape of compensation and pay transparency has changed significantly since 2020. Currently, 36 states have some form of pay transparency law in the United States. These laws vary from state to state and may include a variety of requirements, from posting a pay range for internal and external job postings to not asking salary history questions of applicants. Failure to follow these new pay transparency laws may result in monetary violations that range from $100 to $10,000 per violation.

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Leadership at All Levels: How to Bridge Gaps With Fellow Employees

In a diverse world, one of the greatest skills a leader can have is the ability to talk to people with different perspectives. This goes beyond making space for diversity of background, experience or opinion; it’s about listening and learning. Teams are made up of people from diverse walks of life and with different life experiences, and they all have valuable contributions to make.

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Compliance Q&A

EFTA. Q: We issued a provisional credit to a customer for an online card-not-present transaction while we investigated the error they alleged. The dispute for the transaction was filed through our EFT system provider. The merchant denied the dispute based on the methods used to verify the customer at the time of initiating the transaction. The merchant provided us with a copy of the bank customer’s driver’s license as well as a “selfie” photo which the merchant requires when initiating a transaction. We recognize the selfie as being a picture of our customer.

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MIB Featured Associate Member: Meet Jennifer Pearson of Prospera

Prospera is a nonprofit economic development organization that helps businesses find their pathway to success. Working to advance and inspire diverse economies and resilient communities in southwest Montana, their focus is helping people start and grow their businesses, which, in turn, strengthens the local economy. Prospera is celebrating 40 years of economic and community development.

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Montana Independent Bankers 2025 Convention and Trade Show
July 16-18, 2025, Big Sky, Montana

Don’t miss out on this exciting event. Click to register for the Convention! Agenda Wednesday, July 16 1:00-4:00 p.m. MIB Board Meeting 4:00-4:45 p.m. Registration 5:00-6:30 p.m. Welcome Cocktail ReceptionPlease wear Western attire.🤠  Thursday, July 17 7:30-8:00 a.m. Registration 7:30-8:15 a.m.Breakfast and MIB Membership Meeting 8:30-9:30 a.m.Directors’ Training — Angela Murdo, Principal, Pinion LLC 9:00

Montana Independent Bankers 2025 Convention and Trade Show

July 16-18, 2025, Big Sky, Montana
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