Pub. 8 2020 Issue 1

1 The Community Banker Contents ©2020 Montana Independent Bankers | The newsLINK Group, LLC. All rights reserved. The Community Banker is published four times each year by The newsLINK Group, LLC for the Montana Independent Bankers and is the official publication for this association. The information contained in this publication is intended to provide general information for review, consideration and education. The contents do not constitute legal advice and should not be relied on as such. If you need legal advice or assistance, it is strongly recommended that you contact an attorney as to your circumstances. The statements and opinions expressed in this publication are those of the individual authors and do not necessarily represent the views of the Montana Independent Bankers, its board of directors, or the publisher. Likewise, the appearance of advertisements within this publication does not constitute an endorsement or recommendation of any product or service advertised. The Community Banker is a collective work and as such some articles are submitted by authors who are independent of the Montana Independent Bankers. While the Community Banker encourages a first-print policy, in cases where this is not possible, every effort has been made to comply with any known reprint guidelines or restrictions. Content may not be reproduced or reprinted without prior written permission. For further information, please contact the publisher at: 855.747.4003. 2020 MIB BOARD OF DIRECTORS Amber Brown Peoples Bank of Deer Lodge Bill Coffee Stockman Bank, Miles City Daniel Day Bank of Montana, Missoula Shawn Dutton First Security Bank of Roundup Clinton Gerst Bank of Bozeman, Boseman A. J. King Three Rivers Bank, Kalispell Brice Kluth First State Bank of Shelby Kenny Martin First Montana Bank, Helena Mike Moore Stockmens Bank, Cascade Joel Rosenberg Three Rivers Bank of Montana, Kalispell Phil Willett Pioneer Federal Savings and Loan, Dillon Andrew West, President Eagle Bank, Polson awest@eaglbankmt.com Adam McQuiston, Vice President First Montana Bank, Missoula amcquiston@firstmontanabank.com Loren Brown, Secretary Ascent Bank lbrown@ascentbank.com Tim Schreiber, Treasurer Farmers State Bank, Florence tims@farmersebank.com Tom Christnacht, Immediate Past President First Security Bank of Deer Lodge tomc@1stsecuritydl.com Pete Johnson, ICBA State Director Opportunity Bank, Helena Jim Brown Executive Director Montana Independent Bankers jbrown@mibonline.org MIB STAFF 2020 MIB EXECUTIVE OFFICERS (406) 449-7444 jbrown@mibonline.org www.mibonline.og Montana Independent Bankers 30 South Ewing Street P.O. Box 4893 Helena, MT 59604-4893 2 President’s Address 4 Executive Director’s Report 5 Member News 6 Featured Member Bank: First Citizens Bank of Butte 7 Featured Associate Member: Keenan and Partners Supporting Community Bankers 8 Compliance Q&A — Spring 2020 10 Community Bank Webinar 11 MIB at ICBA Convention 12 Cover Story: Annual Convention Postponed to 2021 14 Level Sponsors 15 From the Top: Noah Wilcox — April 2020 16 Flourish: Rebeca Romero Rainey 17 Guest Article: Not All Bonds Are Created Equal — Fierce Rally Highlights Different Risk/Reward Profiles 19 2020 MIB Membership Directory 20 MIB Associate Member Resource Guide 21 Upcoming Webinars Cover Photo Lindbergh Lake, Gail Downey Steel ©