OFFICIAL PUBLICATION OF THE MONTANA INDEPENDENT BANKERS ASSOCIATION

Pub. 10 2022 Issue 3

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Thank You to Our 2022 MIB Convention Event Sponsors!

Welcome ReceptionBell BankUBBWipfliSelect BankcardShazam Thursday BreakfastBell BankSelect Bankcard Thursday LunchHoltmeyer & MonsonSelect Bankcard Vendors ReceptionWipfliSelect BankcardCrescent MortgageShazam 55th AnniversaryBarbecueBell BankSelect BankcardBHG Bank NetworkCrescent MortgageShazam Hosted Bar ThursdayPCBBMT Board of HousingCitizens Alliance Bank Friday BreakfastBell BankWipfliSelect Bankcard Friday LunchSelect BankcardICBA Bancard & TCM BankICBA Securities Refreshment Golf CartSelect BankcardBHG Bank NetworkCommunity BankersWebinar NetworkShazam Rafting CoolerFederal Home

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MIB’s 55th Annual Convention and Trade Show

MIB’s 55th Annual Convention and Tradeshow was held July 27-29 at the Whitefish Lake Lodge. Attendees enjoyed great speakers, fun activities and numerous networking activities. A big thanks to all of our sponsors that made this event possible. We hope to see you at our next event. Please visit mibonline.org for more information.

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Upcoming MIB Events

September 10, UM Tailgate Party, MissoulaSeptember 26-29, Barrett School of Banking Webinar, Ag Lending 101October 6, FDIC Workshop, BozemanNovember 16-17, Women in Banking Conference, BozemanNovember 18, MIB Fall Board Meeting, BozemanNovember 19, Cat-Griz Game MIB Tailgate, BozemanMarch 12-16, 2023, ICBA Live, Honolulu, Hawaii CBC Program Dates September 9, 9:00 a.m.Regulatory Update Webinar September 15, 9:00

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Patch Vulnerability Management – What You Need to Know

Most businesses do not understand the difference between patch management and vulnerability management. To make matters worse, IT departments and Managed Service Providers habitually use them interchangeably, which may negatively affect your cybersecurity program’s effectiveness. While patch
management and vulnerability management maintain a compatible relationship, they have separate duties, and may impact your organization’s IT risk.

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Elder Abuse

According to the Federal Bureau of Investigation (FBI), millions of elderly citizens are targeted annually with some form of financial fraud, and many of these attempts are successful. It has been estimated that seniors lose approximately $3 billion per year as a result of these scams, which are becoming more widespread and sophisticated.

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Partnering with FinTech

With the emergence of the COVID-19 pandemic and the onset of faster digitization in banking, banks, other
depositories and institutional investors have expanded their ALM strategy to include purchasing third-party consumer loans for a variety of reasons. Through a fintech partnership, banks may find a more flexible and agile path to managing the balance sheet, interest
income, and technological capabilities.

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