Pub. 5 2015-2016 Issue 5

O V E R A C E N T U R Y : B U I L D I N G B E T T E R B A N K S - H E L P I N G C O L O R A D A N S R E A L I Z E D R E A M S March • April 2016 3 The Colorado Bankers Association is proud to present COLORADO BANKER as a benefit of membership in the Associ- ation. No member dues were used in the publishing of this news magazine. All publishing costs were borne by advertising sales. Purchase of any products or services from paid advertisements within this magazine are the sole responsibility of the consumer. The statements and opinions expressed herein are those of the individual authors and do not necessarily represent the views of COLORADO BANKER , or its publisher the newsLINK Group LLC. Any legal advice should be regarded as general information. It is strongly recommended that one contact an attorney for counsel regarding specific circumstances. Likewise, the appearance of advertisers does not constitute an endorsement of the products or services featured by The newsLINK Group LLC. Don Childears President/CEO Jenifer Waller Senior Vice President Amanda Averch Director of Communications Kacey Wilkins Marketing Coordinator Lindsay Muniz Executive Assistant Mike Bintner Director of Education Margie Mellenbruch Bookkeeper* Craig A. Umbaugh Counsel* Jim Cole Lobbyist* Zoey DeWolf Lobbyist* Melanie Layton Lobbyist* Garin Vorthmann Lobbyist* * outsourced Amanda Averch, CBA Director of Communications, Averch@coloradobankers.org 140 East 19th Avenue, Suite 400 Denver, Colorado 80203 voice: 303.825.1575 – fax: 303.825.1585 Websites: www.coloradobankers.org www.smallbizlending.org www.financialinfo.org March/April 2016 OVERACENTURY:BUILDINGBETTERBANKS -HELPINGCOLORADANSREALIZEDREAMS 5 Chairman’s Message 6 A WORD FROM CBA: 2016 is Full Speed Ahead – and so are our Advocacy Efforts 8 FEATURE: Using IRAs to Attract and Retain Millennial Customers 10 FEATURE: Overdraft Rules Confirmed for 2016 12 FEATURE: New Financial Instruments Measurement & Classification Guidance Offers Relief for 2015 Financials 14 FEATURE: The Corporate Coaching Company 16 FEATURE: Colorado Supreme Court Proposes Significant Amendments to Rule of Civil Procedure Governing Public Trustee Foreclosure Practice in Colorado District Courts 18 FEATURE: Compensation for Privately Owned Banks: What to Know 20 FEATURE: Social Media for Bankers: What Is Appropriate? 22 FEATURE: Here’s Why Your Peers Are Worried about Mortgage Compliance in 2016