February 3, 2023

First, let’s review some of the basics. Garnishment is a remedy for judgment holders (creditors) under Colorado law. While there are five different types of garnishments available to a judgment creditor in Colorado, including continuing wage garnishment, this article will focus on a judgment holder (the judgment creditor) obtaining a Writ of Garnishment in Aid […]

Dealers in art and antiquities have long been part of money laundering typologies on a global scale, given the illegal movement of funds flowing through these channels. Recent efforts to provide greater scrutiny to detect and prevent laundering money through art and antiquities are bringing newfound attention that financial institutions should consider as they run

As 2022 has come to a close, we keep hearing the tune of a particular chorus on repeat across news stations, podcasts and pretty much every media outlet: Will there be an economic recession in 2023? Many analysts, economists, and other experts are largely backing this prediction with mounds of data saying how people might

Three Experts Share Their Advice for the Months Ahead Rising inflation and interest rates, stock market turmoil, an end of government support during the pandemic, and countless other financial setbacks have coalesced into a bleak economic environment for consumers. While many of these consumers are unprepared for a possible recession, financial institutions have a responsibility

Going Beyond the Desk to Hear the Stories of Colorado Bankers Ashley Comstock Chief Financial Officer, Vectra Bank You became the CFO at Vectra Bank at just 33 years old. What sets you apart in this role? I don’t mind being super uncomfortable in my career – in fact; I invite it. Every time I

Detecting and Dealing with Problem Loans, Including Real Estate VirtualFebruary 1-29:00 a.m. – 12:00 p.m. daily The shutdown of the U.S. and global economies during the Pandemic has had lasting repercussions, with some industries and borrowers not clearly back on solid footing. In addition to some lingering supply chain issues and continued labor shortages, now

In SRM’s 30 years of experience representing our clients in vendor contract negotiations, we’ve developed deep insights into the best way for financial institutions to approach this process. We recently boiled down several best practices into a timely white paper titled “Rising to the Challenge – SRM’s Seven Rules for Optimizing Vendor Contracts.” https://info.srmcorp.com/srm-seven-rules-for-optimizing-vendor-contracts It’s

As the Federal Reserve aggressively hikes interest rates to tamp down inflation, depositors are starting to demand more for their money. Results from IntraFi’s most recent quarterly survey of bank executives indicate the trend is likely to continue. Ninety-five percent of respondents expect funding costs to go up, and 71% said deposit competition would increase.

There’s a saying that “everything old is new again,” and that’s certainly an adage you can bank on in Washington, D.C. – especially when it comes to poor public policy proposals. A textbook example of this unfolded during the 117th Congress, when our industry found itself once again facing a bad idea that we thought

The banking community will truly miss Charles E. “Ched” Snow who passed away on December 3, 2022. He began his banking career with Arapahoe County Bank of Littleton. He, his wife and two daughters moved to San Antonio, TX, closer to family, and there he joined the Pan American National Bank of San Antonio. They