Pub. 6 2016-2017 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 2017 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 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* Brandon Knudtson Director of Membership * 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 2017 OVERACENTURY:BUILDINGBETTERBANKS -HELPINGCOLORADANSREALIZEDREAMS The State of Compliance under Trump 5 Chairman’s Message 6 A Word From CBA... 7 The State of Compliance Under Trump 9 Is 22% Enough? Aligning Internal Security and Customer Protection to Compete 11 FEATURE: The Bank-Owned Life (BOLI) Insurance Market is Changing: Here’s How 13 FEATURE: Keep Calm and Plan for Incidents 15 Mr. Trump Goes to Washington 17 Support Manufacturers and Nonprofits with CHFA Mini-Bond Program: Reduced Fees and Tax-exempt Rates Made Available through CHFA Mini-Bonds 18 FEATURE: Multifamily Loans: How Much Is Too Much?