OFFICIAL PUBLICATION OF THE MONTANA INDEPENDENT BANKERS ASSOCIATION

Pub. 12 2024 Issue 3

The Meek … Inherit a Prominent Place in Bond Portfolios

There are a whole lot of anomalies in community banking in the waning stages of this restrictive Fed cycle. One of the overriding themes is the sheer duration of the process. We’re now fully one year past the last tightening, which has left the effective overnight rate at 5.375% since July 2023, and given rise to the “higher for longer” sound bite.

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Flourish – Connected as Independent Community Banks

When you enter ICBA’s headquarters, you are greeted with a large U.S. map that contains a peg for each community bank and a singular cord linking them all together. It not only demonstrates our collective impact; it also represents the strength of our financial system, built on thousands of local economies around the country and fueled by community banks.

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Executive Director’s Message – MIB’s Best Convention Yet!

Welcome to the post MIB Convention and Tradeshow edition of our magazine. I write this article on a hot and smoky Montana day, just a few short days removed from the close of the 2024 MIB Convention and Tradeshow. In keeping with the summer theme, let me start by giving you a fun fact about

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President’s Message – Loren Brown Takes the Helm as Incoming MIB President

Hi, my friends! It took me quite a while to decide what I should write about for my first President’s Message as the incoming president of the Montana Independent Bankers Association. Through my involvement with the MIB, I have become close friends with many of the great community bankers in our state. However, I realized that there are far more fabulous community bankers in our state that I have yet to meet. So, it seems that my first order of business should be introducing myself to you via this publication until I have the chance to hopefully meet you in person.

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