Pub. 13 2023-2024 Issue 1

Financial institutions (FIs) are taking a fresh look at their core system’s role in delivering products and services to customers. In addition to altering consumers’ banking habits, the pandemic forced FIs to rethink how they transform their systems and layer new digital capabilities onto their existing technology stack. Swapping out core banking platforms can be […]

August 8 Center For Bank Advocacy Application Deadline Denver, CO CBA’s Center for Bank Advocacy is a comprehensive 10-month program designed to develop the next generation of banking leaders. Attendees will enjoy a program that includes monthly sessions with accomplished and notable presenters. Each session builds upon the experiences and knowledge gained in the previous

Nearly 10 years ago, I sat down across the table from Gene Pranger, inventor of interactive teller machines (ITMs) and video banking, interviewing for a job while completing my college education. I loved his passion for the community financial space. At the time, large national financial institutions were growing at such a rapid pace that

Real estate money laundering is a serious issue that has become increasingly prevalent in recent years. It is no secret that criminals use real estate to clean money derived from illegal proceeds; it’s one of the oldest forms of money laundering. The subjective nature of real estate pricing makes for easily manipulated transactions. According to

The U.S. banking system has long been the envy of the world. The reasons for this are many, but at the core, it’s because our nation has cultivated a vibrant, thriving financial services sector made up of banks of all sizes, charters, business models and risk profiles. Each one of these institutions has an important

Going Beyond the Desk to Hear the Stories of Colorado Bankers Shannon Ward Senior Vice President, Chief Lending Officer, Native American Bank What makes your bank unique? Native American Bank is a nationally chartered bank with the specific mission to promote economic development in Native American communities. Native-owned and led, this one-of-a-kind financial institution was

For nearly as long as public wireless networks have been available, the best security advice has been to avoid them altogether. Why is this? Is there a way to be safe on public wireless networks? And what about the ones that use a password? Let’s take a closer look at where the security advice comes

Not everyone who participates in the workforce serves an employer on a permanent, full-time basis. Examples may include seasonal, contingent, part-time, or internship work relationships. Most qualified retirement plan documents allow an employer to tailor a plan to meet its specific needs, including defining the eligibility requirements for employees to enter and participate in the

Banks approaching the Federal Deposit Insurance Corporation Improvement Act (FDICIA) requirement thresholds of $500 million and $1 billion in assets need to keep planning top of mind. Preparation is key to a smooth FDICIA adoption, and developing your roadmap early is pivotal to your success. Many bank balance sheets grew rapidly during the pandemic as

I feel very honored and privileged to serve our industry and the Colorado Bankers Association (CBA) membership in the coming year. I have been involved with the CBA as a board member for years and have witnessed firsthand the strength and influence our industry has and the impact we can have on legislative efforts. CBA