montana bankers association edp program gets rave … · 2019-08-07 · edp program gets rave...

BANCSERVE PRESSMONTANA BANKERS

ASSOCIATION OFFICERS

Chairman: Bob Galt, President/CEOFirst State Bank of MaltaMalta, MT

Vice Chairman:Bill Bickle, Chief Credit OfficerStockman Bank of MontanaMiles City, MT

Secretary/Treasurer:Jake Pelczar, Vice PresidentBank of Montana Missoula, MT

Immediate Past Chairman:Bill Lucas, Market President - BillingsU.S. BankBillings, MT

President/CEO:Cary HegrebergHelena, MT

BOARD OF DIRECTORSWestern:

Greg Yockey, CEOFarmers State BankVictor, MT

Jake Pelczar, Vice PresidentBank of Montana Missoula, MT

Southwestern:

Gordon Johnson, PresidentAmerican BankLivingston, MT

Northcentral:

Bruce Hoyer, President/CEOBelt Valley BankBelt, MT

Southcentral:

K.C. Hickok, Chief Credit OfficerBank of BridgerBridger, MT

Desiree Elkin, EVP, CCOSummit National BankLaurel, MT

Visit us on the web at www.montanabankers.com Or call: 800/541-5126

AUGUST 2019

EDP Program gets rave reviews

Joe Zavaglia, leader and presenter at the July 23 Executive Development Program (EDP) in Helena knocked it out of the park, as evidenced by nearly perfect “5” evaluations submitted by participants. Zavaglia, owner of Zavaglia Consulting in Bellevue, WA, walked the class members through various case studies on banks with incentive or bonus plans and helped them understand the difference and how to apply them for the best results.

“This was one of the sessions I was least excited about, but I was blown away. Joe was great. I really liked using practical examples for us to work through,” said one class member’s evaluation. “Joe brought practical experience and a common sense approach to the topic,” said another.

Zavaglia explained how to properly establish goals and the “set points” at which employees would start earning incentives, and how to tie incentives to increased profitability for the bank. He also discussed how to design a “scorecard” for different performance measures and how to narrow down key measures to be scored. Class members worked in small groups to develop a consensus on some of the case studies he presented.

The EDP program is a 12 month series of workshops developed by the Washington Bankers Association, and is offered to MBA members under a contractual agreement with the WBA. It is designed to motivate and accelerate the professional growth and development of bankers. Topics include: leadership and management, understanding financial statements, bank profitability, asset liability management, audit and compliance, credit and risk review, legislation and politics,

EDP attendees Matt Venturini, Mark Armstrong and Whitney Richardson with presenter Joe Zavaglia

EDP attendees Karene Faber, Darrin Maas and Kelly Rieke

AUGUST 2019 BANCSERVE PRESS

Or call: 800/541-5126Visit us on the web at www.montanabankers.com

BOARD OF DIRECTORS

Northeastern:

Gil Johnson, SVPFirst Community BankGlasgow, MT

Bob Galt, President/CEOFirst State Bank of MaltaMalta, MT

Southeastern:

Rex Phipps, CEOGarfield County BankJordan, MT

Scott Klein, Vice PresidentFirst State Bank of ForsythForsyth, MT

Large Banks:

Mike Seppala, President/CEOWestern Security BankBillings, MT

VacantWells Fargo, N.A. Bozeman, MT

Bill Bickle Sr. Banking Exec., Stockman Bank of Montana Miles City, MT

Bill Lucas, Market President - BillingsU.S. BankBillings, MT

Tom Severson, Msla Mkt Pres.First Interstate BancSystem, Inc.Missoula, MT

BANCSERVE BOARDChairman:Bob Galt, President/CEOFirst State Bank of MaltaMalta, MT

President/CEO:Cary HegrebergHelena, MT

Director:Vacant

Director:Mike Grove, PresidentBank of the Rockies, N.A.White Sulphur Springs, MT

Director:Darrell Grogan, PresidentFirst State Bank of ForsythForsyth, MT

negotiation and conflict resolution, ethics, communication skills, and other themes as well.

The next program begins Jan 8, 2020, and MBA members are encouraged to start identifying the motivated, high-potential employees who are poised to move into higher management positions. Anyone considering the Pacific Coast Banking School would find the EDP program and excellent “warm-up.” Cost of the program is $3,950 for MBA members prior to Sept. 30 and $4,250 after that.

For more information on the Executive Development Program, contact Pam O’Reilly: [email protected], or check the MBA website: www.montanabankers.com.

EDP attendees concentrate on Joe Zavaglia’s presentation

Banks encouraged to fill out Salary SurveyOur associate member, Eide Bailly LLP, is conducting the Annual Montana and Wyoming Bank Salary and Fringe Benefit Survey. It has always been a challenge to bank management to know what is fair and competitive to attract and motivate the best people. We believe this survey will provide you with valuable information that could prove beneficial in establishing or reviewing your compensation program and fringe benefit policies.

We encourage you to participate. The more participation, the more meaningful the survey results to all participants. Your information will be kept in strict confidence. The nominal participation fee of $100 will entitle you to receive an electronic copy of the survey results. Survey results will be available to non-participating banks at a cost of $300.

In addition, participating banks will be entitled to receive, on a complimentary basis, a Regional Bank Salary Survey, including the states of North Dakota, South Dakota, Montana, and Wyoming. Please note, this regional survey is only available online to participants of the 2019 Bank Salary Survey.

Eide Bailly LLP has been a trusted associate member of the MBA and WBA organizations for many years and we appreciate the company’s effort and support. Please remit your survey information as soon as possible to Eide Bailly LLP.

BANCSERVE PRESSABA DELEGATES

ABA Foundation BOD:Mike Grove, PresidentBank of the Rockies.NA White Sulphur Springs, MT

Community Bankers Council:Scott Klein, Vice President First State Bank of Forsyth Forsyth, MT

Agricultural and Rural Bankers Committee: Heather Malcolm, VP Bank of the Rockies, N.A. Livingston, MT

Government Relations CouncilRex Phipps, PresidentGarfield County Bank Jordan, MT

Taxation Administrative CommitteeWilliam Schrock, Tax DirectorFirst Interstate Bank Billings, MT

Membership CouncilSam Waters, President/ChairmanFirst Community Bank Glasgow, MT

AUGUST 2019


Renewing our commitment to the 25/50 Year Club

The 25/50 Year Club was founded to grant scholarships and recognize bankers for exceptional service and accomplishments. Members of the 25/50 Year Club have been affiliated with banking for 25 years or more. The fund provides annual scholarships to the Montana State University and the University of Montana. We have had a decline in participation in our 25/50 Year club and we believe this program is important to recognize not only bankers who are dedicated to their craft but also, provides an avenue of awareness to Montana students of the dedication you have to Montana and to your community.

HistoryIn 1964, a fund was created to provide an annual $300 scholarship which was rotated between Montana State University and the University of Montana. In 1967, the Club started awarding a student at each university with $300. After 1983, six scholarships for $500 were awarded annually to students at MSU (2), U of M (2), MSU-Eastern, and MSU-Northern. Currently, the club is able to award a $1,500 scholarship to MSU and U of M, and $1,000 to MSU-Northern (Havre) and MSU-Eastern (Billings).

Student/Banker RecognitionWinning students are chosen by the university and presentation of scholarships is made by a 25/50 Year Club member at the school’s annual awards banquet. The winners will be featured in the BANCSERVE Press.

The University sends a press release to the student’s home town newspaper as well. Membership in the MBA 25/50 Year Club is an excellent opportunity to enhance the education of Montana’s students and ensure the continued ability of the fund to provide some of Montana’s oldest scholarships.

Scholarship CriteriaScholarship criteria include being a junior or senior student with a major area of professional interest in finance or banking. The student must have a 3.0 or better cumulative grade point average. The award is given in the name of the Montana Bankers Association 25/50 Year Club.

Annual Membership and Perpetual Membership Membership dues for the 25/50 Year Club is $50 annually. You or your bank may also make a $500 contribution to honor any active, retired or deceased bank officer, director, or employee. By making this contribution, the honoree will become part of a fraternity of bankers, helping improve the future of banking in the state of Montana. These monies will be added to the 25/50 Year Club and the officer, or employee will be given a perpetual non-dues membership in the 25/50 Year Club.

We are including a 25/50 Year Club application for you to help us recruit new members and/or bring back previous members. You know best those in your bank and industry who have been active in banking for 25 years. Please reach out to them about supporting the MBA’s 25/50 Year Club or feel free to have them contact Pam O’Reilly, Association Services Director.

MBA/BANCSERVE STAFF

Government Relations: Cary Hegreberg President/CEO

Education & Member Services:Pam O’Reilly Association Services Director

BANCSERVE Insurance Agency:Tempi Ruth, CIC, CAE, CISRSales Director

Bookkeeping:Karmen MillhouseAccounting Technician

MBA/BANCSERVE, Inc.1 N. Last Chance Gulch, Ste.4Helena, MT 59601Telephone:800/541-5126406/443-4121Fax: 406/443-7850

BANCSERVE PRESSAUGUST 2019


Justin Svec, V.P. Financial Crimes Manager for First Interstate Bank, was among several speakers during a series of FIB seminars to help customers identify and prevent various financial crimes. Attendees of the Helena sessions asked many questions and were appreciative of the Bank’s outreach to help them in their businesses.

July 18, 2019

Dear Mr. Hegreberg,

Thank you for contacting me to express your support for S. 1564, the Continued Encouragement for Consumer Lending Act. I value your point of view and appreciate the opportunity to respond.

As you may know, Senator Thom Tillis (NC) introduced the Continued Encouragement for Consumer Lending Act on May 21, 2019. It would require the Securities and Exchange Commission and certain Federal agencies to carry out a study relating to accounting standards. Following its introduction, S. 1564 was referred to the Senate Committee on Banking, Housing, and Urban Affairs for further consideration. While I am not a member of that committee, please be assured I will continue to monitor its progress and will keep your thoughts in mind should it come to a vote in the Senate.

Again, thanks for contacting me. It is my number one priority in the Senate to represent the values and interests of the people of Montana, and your input is very helpful as I do. I invite you to visit my website, www.daines.senate.gov, for updates about activities in Washington that affect our lives in Montana or to contact me. I look forward to hearing from you again in the future.

Sincerely,

Steve DainesUnited States Senator



MBA exploring “Emerging Leaders” program

After learning about ABA’s highly successful Emerging Leaders events and similar experiences at many state bankers’ associations, several representatives of MBA member banks have suggested that we investigate the possibility of forming an ongoing program for young and emerging bank leaders that will facilitate their professional growth and development.

While the Executive Development Program is regimented structure of “classes” that starts and ends with a calendar year schedule, an Emerging Leaders Program would involve programs, tours, speakers, events, etc. established by the participants themselves. Graduates of the Executive Development Program, and the Pacific Coast Banking School would be likely participants in an Emerging Leaders group, but it would also be open to any “up-and-coming” bankers interested in attending with their banks’ blessing.

To learn more about the ABA Emerging Leaders Forum, check out the website aba.com and search “emerging leaders” and some great information pops up. ABA holds an Emerging Leaders Forum in conjunction with the Government Relations conference in Washington, D.C., scheduled for Mar. 23, 2020. MBA also sends a delegation of officers and bankers to this annual conference, and if you have young professionals in your bank who could benefit, we’d love to show them around the nation’s capital!

If you are interested in assisting with the formation of a MBA Emerging Leaders program, please contact Cary Hegreberg by email: [email protected] or call directly: (406) 441-4701.

Heather Malcolm, Bank of the Rockies in Livingston, gets a moment with Rob Nichols, President/CEO of the American Bankers Association, during the July ABA Leadership Forum in Minneapolis, MN. Heather currently serves as vice chair of ABA’s Ag Bankers Committee, and was attending the event in that capacity. She will become chair of the national committee in November.



Please renew your membership for 2020!

Watch for your 2019-2020 MBA Bank Membership Dues and Associate Membership Dues renewal invoices in the mail. Thank you to all of our members for your on-going support. We encourage all of our member banks to let us know of any vendors, service providers, etc. that would benefit from and should consider an Associate Membership with the Montana Bankers Association.

Our Mission Statement: Enriching the lives of all Montanans through strong community-focused banks.

Wyoming Bankers to hire Executive Director

The Wyoming Bankers Association is seeking a new Executive Director. The Executive Director will demonstrate knowledge and expertise on the state and regional economy, political environment, and the opportunities and challenges to the growth and prosperity of the banking industry in Wyoming.

The Executive Director will be a passionate advocate for driving the WBA to achieve standards of excellence and continued success.Click Here for the complete job description and how to apply.

Bank of the Rockies hosts clinic to help seniors in Wilsall

With help from Bank of the Rockies and the Wilsall Foundation, the Montana Dept. of Health and Human Services held a workshop in Wilsall July 18 designed to help identify and prevent elder financial abuse and to assist senior citizens with preparing and understanding legal documents. Part of the educational program involved a discussion of SB 311, which passed the 2019 Legislature, and was pushed largely by the Montana Bankers Association. The law goes into effect Oct. 1, and MBA has offered to assist in implementing the law and developing educational materials.

Bankers, health professionals and others were informed how to identify “diminished capacity” in older people, and some of the red flags or warning signs that someone may be financially exploiting an older person. How to deal with suspicions of financial exploitation was also discussed.

Bank of the Rockies employees participating in the event included: Kelly Woosley, Gretchen Rader, Christina Cleveland, and Jennell Huff.

https://www.wyomingbankers.com/networking/apply_now.aspx?id=568296&view=2



Edna Fischer retires after 70 years with First State Bank of Forsyth

Edna Fischer retired from banking at the end of the June with 70 years of serving our community through this bank. Edna started working at the bank in high school in 1949 and worked her way from bookkeeping to Head Cashier and Operations where she has been most of the last 50 years. Imagine the change she has seen from keeping hand calculated ledgers in bookkeeping to the computerized world we have today. As computers came to the scene, she adapted well and, in fact, developed our first computerized Agriculture balance sheets on the Lotus spreadsheet. She always said that computers have helped us create more paperwork rather than reducing it. She lives in the country and has never let bad roads or snow keep her from getting to work. Even works a little each weekend. She even tried to retire once or twice years ago, but couldn’t leave what she knows and loves.

Darrell Grogan, bank President, said “Edna is finishing the longest career of anyone I have ever heard of in banking, or maybe almost

any other desk/office career. She has always been the most reliable employee, barely taking the required minimum time off each year. Who knows how many bank Presidents she trained over time. People like her make my job much easier.” He also commented “We are losing a world of knowledge---she has been the one to go to find something or ask how the process works. As you can guess, she has great respect from the community, employees, accountants and vendors.”

MBA supports Remote Online Notarization eventThe Montana Secretary of State’s office is crediting the MBA with helping to pass HB 370 during the 2019 Legislature, and is asking for our help in promoting a conference Sept. 24 at the Delta Marriott in Helena, that will bring providers of remote and electronic notarization systems to explain and demonstrate how they work. State officials are calling the event, “an educational conference, a trade show, and a job fair all in one.”

Attendees will have an opportunity to learn about the various platforms, the associated costs, and what it will take to implement and use the technology. “The RON symposium makes the connection between the providers and the customers happen,” according to a promotional piece from the Secretary of State’s office.

For more information contact: Lori Hamm, Notary Specialist at the Secretary of State’s office: [email protected].



Bank of the Rockies President/CEO Mike Grove, Representative Bruce Grubbs and Montana Banking Commissioner Melanie Hall at the Bozeman branch open house. Bank of the Rockies is converting to state charter.

Senator Tester weighs in on CECLSeveral months ago, Senator Jon Tester co-signed a letter to Fed Chair Jerome Powell and FDIC Chair Jelena McWilliams urging them to delay implementation of the current expected credit loss (CECL) accounting standard, established by the Financial Accounting Standards Board (FASB), which is set to take effect for some banks in January, 2020. “Throughout FASB’s standard-setting process and after it finalized CECL, banks of all sizes have raised meaningful concerns about how the new standard will alter the economics of lending, potentialy reducing credit availability to many Americans, and how its pro-cyclical impacts will exacerbate economic cycles,” according to the Senators’ letter.

“Accounting policy should not drive economic outcomes. Banks have raised significant concerns about the negative economic consequences. Community and regional banks have proposed changes to the FASV standards to mitigate against its complexity and its potential negative economic consequences,” Tester said in the letter. He went on to request the Fed and FDIC conduct an economic impact study that would include CECL’s potential impacts on the economics of lending and the price, availability, and structure of credit, particularly for mortgages, small business loans, and loans to borrowers with lower credit scores.

MBA appreciates Senator Tester’s involvement and we continue to work with ABA in pushing both Congressional and regulatory action to “stop and study” the impacts of CECL to not only allow for a full understanding of the implications, but to allow banks of all sizes adequate time to prepare and absorb costs associated with compliance.

Click here to read the Senators’ letter

Don Bennett, past chair of MBA and CEO of Freedom Bank in Columbia Falls, enjoys a moment during the recent Governors Cup golf tournament with Wayne Nelson, market president at Stockman Bank in Billings.

https://cdn.ymaws.com/www.montanabankers.com/resource/resmgr/docs/2019-05-10_senator_tester_le.pdf



2019 COMMUNITY BANKER WORKSHOPSeptember 18, 2019

Billings Hotel & Convention Center, 1223 Mullowney Lane, Billings, MT 59101 406/248-7451 Presented by and in partnership with

Target Audience: Directors, senior officers, compliance officers, risk officers, auditors, chief technology officers, and other employees involved in compliance, Bank Secrecy Act, or Information Technology at community banks.

8:00 – 8:45 a.m. Registration8:45 – 9:00 a.m. Introductory Remarks9:00 – 10:00 a.m. Liquidity10:00 – 10:15 a.m. Break10:15 – 11:30 a.m. Community Reinvestment Act11:30 – 12:30 a.m. Lunch12:30 – 1:45 p.m. Current Expected Credit Losses (CECL)1:45 – 2:00 p.m. Closing Remarks

Yes, I want to attend 2019 Community Bankers Workshop

Bank/Firm Name______________________________Phone _______________Fax______________Address______________________________________City/State/Zip__________________________List Registrant(s) _________________________________________________________________ Name Title E-mail

Registration Fee Hotel Reservations□ Community Bankers Credit Workshop…$150 Call 800/537-7286 or 406/248-7451 to make yourPayment reservations at the Billings Hotel & Convention□ Check, Payable to MBA Center. Mention the MBA Seminar and get our □ Bill me special discounted rate based on availability.MasterCard/Visa/Discover Cancellation DeadlinesAvailable only with your online registration September 11 is the deadline for full registration Three Ways to Register: refund. If cancellation is after August 1, a $50 feeFAX: Complete form and fax to 406.443.7850 will be charged. MAIL: Complete form and mail to MBA, THE MBA GUARANTEE1 N Last Chance Gulch, Ste. 4, Helena, MT 59601 MBA guarantees the MBA FDIC Community ONLINE: Visit www.montanabankers.com (Education) Bankers Workshop will meet or exceed your expectations. If it doesn’t, simply let us know and we’ll refund your full registration fee - no questions asked!



2019 MBA Conferences and Workshops

q 2019 IRA Basics & Update, Best Western Grant Creek, Missoula, September 4 - 5, 2019

q 2019 FDIC Community Banker Workshop, Billings Hotel & Convention Center, September 18, 2019

q 2019 IT Security Conference, Best Western Gran Tree, Bozeman, September 9 - 10, 2019

q 2019 Lending Compliance Conference, Best Western Gran Tree, Bozeman, September 11 - 13, 2019

q 2019 Women in Banking, Best Western Gran Tree, Bozeman, October 10 - 11, 2019

q 2019 Basics in Lending: Advanced Cash Flow Analysis & Advanced Tax Return Analysis, Best Western Gran Tree, Bozeman, October 23 - 24, 2019q 2020 Executive Development Program: Twelve Month Course designed to cultivate the next generation of banking leaders

Watch for upcoming Conferences and Workshops coming in 2019 at www.montanabankers.com or for more information contact Pam O’Reilly, Association Services Director, at 800/541-5126 or pam@montanabankers.

Register Today!Riding the IRA Merry-Go-Round! IRA’s with Patrice Konarik - Sept. 4-5, 2019 MissoulaWe bring Patrice Konarik back for her fabulous, in-depth training on IRA’s – both basic and advanced issues. You will learn IRA Terminology, explanation of forms, beneficiary designations and qualifications including new 2019 Contribution Limits for Traditional IRA, Roth & Conversion Roth, SEP IRAs and Health Savings Accounts. Advanced issues include regulations that affect IRAs including the Secure Act and Cost of Living Adjustment. Qualified Plan Rollovers to Traditional or Roth IRA – 6 Fed Flags and Distributions in detail will be covered.

2019 IT/Cyber Security Conference - Sept. 9-10, 2019 BozemanThis is the first year we have split our Security Conference into Physical Security (held back in May in conjunction with BSA/AML and Deposit Compliance) and IT/Cyber Security. At this first IT/Cyber Security, we will have Randy Phillips of Thompson Consulting Group, LLC and Nick Podhradsky, Senior Vice President of SBS CyberSecurity, LLC. Topics will cover Trending Fraud, Vendor Management Essentials, and Business Email Compromise. We will have a Round Table Discussion to brainstorm and vet Incident Response. This conference is a great way to network and meet your fellow IT staff from banks across Montana.

2019 Lending Compliance Conference - Sept. 11-13, 2019 BozemanWe bring Jack Holzknecht back, by popular demand! With the continual regulatory changes and challenges, Jack will take you through the Truth in Lending Act, Real Estate Settlement Procedures Act, Equal Credit Opportunity and much more. Plus we will have Rebekah Leonard back with a new and just as exciting Loan File Escape Room Exercise!!

https://www.montanabankers.com/page/EDP



Montana Bankers Association Spotlights an

Endorsed Product

Upcoming Events

Risk Management SchoolAugust 19 - 23, 2019

Reston, VA

CFO ExchangeSeptember 16 - 18, 2019

Louisville, KY

ABA Agricultural Bankers ConferenceNovember 10-13, 2019

Dallas, TX

Upcoming EventsIRA Basics & UpdateSeptember 4 - 5, 2019

Best Western Grant Creek. Missoula

2019 FDIC Community Banker WorkshopSeptember 18, 2019

Billings Hotel & Convention Center, Billings

IT Security ConferenceSeptember 9 - 10, 2019

Best Western Gran Tree, Bozeman

Lending ComplianceSeptember 11 - 13, 2019


For more information contact Pam O’Reilly, Association Services Director

800/541-5126or

[email protected].

Women in BankingOctober 10 - 11, 2019


Everything You Need to Market Your Bank

BankMarketingCenter.com is a web-based marketing portal that puts you in complete control, saving you valuable time and money. Create and customize ads and campaigns with just a few clicks.

Sign Up for a Personal Demo! Demonstrations take place every

Tuesday and Thursday. Register at: www.bankmarketingcenter.com/?ref=MT.

20% Discount for MBA Members!

New MBA Endorsement



Question:Is there a regulatory requirement to charge a 7-day early withdrawal penalty on a certificate of deposit (CD)?

Answer:In the first week after a CD is created, there must be an early withdrawal penalty of at least seven days' simple interest on amounts withdrawn within the first six days after deposit In Reg. D. And Reg. DD provides that if the bank will charge an early termination penalty, the bank must disclose that in the TISA disclosure. If a withdrawal is permitted without penalty, the account would no longer be classified as a certificate of deposit for Reg D purposes and could be classified as a savings or interest bearing transaction account.The commentary for § 1030.4(b)(6)(ii) provides two examples of early withdrawals penalties: “$10.00” or “seven days' interest plus accrued but uncredited interest.”

Time deposit means:(i) A deposit that the depositor does not have a right and is not permitted to make withdrawals from within six days after the date of deposit unless the deposit is subject to an early withdrawal penalty of at least seven days' simple interest on amounts withdrawn within the first six days after deposit.”

Early withdrawal penalties. A statement that a penalty will or may be imposed for early withdrawal, how it is calculated, and the conditions for its assessment.

Examples of early withdrawal penalties are:i. Monetary penalties, such as “$10.00” or “seven days' interest plus accrued but uncredited interest.”

Question:We have a property that is partially in a flood zone. The house on the property is not in a flood zone, but the barn on the property is in a flood zone. Do we have to require flood insurance for the barn? This is an agricultural loan, but the barn is not used for agricultural production or as a residence. The barn may be used to store a bush hog or a mower, but otherwise it is used primarily for household purposes.

Answer:No--as long as the property is residential, then it doesn’t appear that you would need to require flood insurance as the barn looks to fall under the detached structure exemption to the purchase requirement.

Compliance Alliance Questions of the Month

Compliance Alliance offers a comprehensive suite of compliance manaagement solutions. With the ever-changing regulatory environment, banks need a partner they can trust. Compliance Alliance is not only backed, but owned by 22 state bankers associations, including Montana Bankers Association. To learn how to put them to work for your bank, call (888) 353-3933 or email [email protected].



Bozeman• RJ Patch was recently promoted to commerial lender/credit analyst for American Bank. Patch is a graduate

of Augusta High School and Montana State University, where he earned a degree in business finance. He joined American Bank in 2015 and enjoys working with businesses of all sizes in the Gallatin Valley.

Billings• Mike Hennessy recently joined the residential real estate team at Western Security Bank as vice president

and real estate production manager. A lifelong resident of Montana, Hennessy brings more than 25 years of management and mortgage loan experience to the position.

• David Redmon was recently promoted to Chief of Staff at First Interstate Bank. Redmon will serve as a senior advisor to CEO Kevin Riley as well as support the CEO’s office operations and coordinate the execution of companywide strategic initiatives.

Glendive

• Paul Eayrs has recently been promoted to Ag Loan Officer for Stockman Bank. His responsibilities include developing and servicing agricultural loans and assisting clients with their lending needs. A Montana native, Eayrs earned his Bachelor of Science degree in Business Finance from Montana State Universtiy.

• Alisha Henderson has recently joined Stockman Bank as a Commercial Loan Officer. Her main responsibilities include developing and servicing commercial and construction loans. Henderson brings over 13 years of financial industry experience to the position, most recently as Branch Manager for a regional bank. Henderson earned her Bachelor of Science degree in finance and business management from Valley City State University.

• Tod Kasten has joined Stockman Bank as an Ag/Commerical Loan Officer for Stockman Bank. His main responsibilities include developing and servicing agricultual, commercial and construction loans. Kasten brings over 30 years of financial industry experience to the position, to include serving for a number of years as Branch President for a local Montana Bank. Kasten earned his Bachelor of Science degree in finance with a minor in management from Montana State University - Bozeman.

Hardin• Tristan Henke has been named president of First Interstate Bank in Hardin. Henke joined First Interstate

in October 2018 as a commercial loan officer and has been in banking since 1995. Henke graduated from Montana State University in Bozeman with bachelor’s degrees in animal science and agriculture business. He also completed the Dale Carnegie business course.

Miles City• Kent Williams, VP Ag Loan Officer is leaving Stockman Bank to pursue a different career path. Best of luck

and thank you for your service to Stockman Bank and the most sincere wishes for your future endeavors.Polson• First Citizens Bank of Polson has been honored and blessed to have Willa Weidman as one of our finest,

friendliest, fun loving tellers for the past 35 years. Willa will be greatly missed by not only the staff but by all her longtime customers. Willa has been very much a part of making First Citizens who they are, your small hometown community bank with great personal services. Thank you, Willa, for your many years of service and dedication. Best wishes and happy retirement from your bank family & friends at First Citizens Bank.

Banks and Personnel

Contact Karmen Millhouse at MBA with your bank’s community involvement success [email protected]

BANKERS CONFERENCE

ABA

November 10-13, 2019Hyatt Regency Dallas

Dallas, Texas

As an ag banker, serving your customer means more than providing

a lending channel. It’s about being in touch with the intricacies of the

farm as a business to help guide your customers to growth. Join us

in Dallas to learn the power of partnership, network with colleagues

and experts, and gain unique perspectives.

Power of Partnership

aba.com/AgConference3

Please contact:

Phone: 800/541-5126 Fax: 406/443-7850

1 North Last Chance Gulch, Suite 4 Helena, MT 59601

E-mail: [email protected]

Steve Turkiewicz, CAE, President/CEO Pam O’Reilly, Association Services Director

The 25/50 Year Club Scholarship Program is a long time tradition supporting Montana University

students. It was created to provide annual scholarships for the Montana University System

students in the name of Montana bankers.

MBA

25/50 Year Club

MBA 25/50 Year Club Members

Val Abraham

Maggie Anderson

Cindy Arnold

Jon Ayres

Warren Bauder

Larry Bauer

Kathy Bauska

Robert “Skip” Baxter*

Dennis Bechtold

Don Bennett*

George Bennett*

James D. Bennett*

Janice Bergman

Bill Bickle

Denis Bolland

Rebecca Bowman

Deb Brumley

Karen Buttelman

John T. Cadby*

David Calahan

Members are also recognized in the MBA/WBA Financial Services Directory and the BANCSERVE Press.

*Perpetual Member +Deceased

Kathy Clark

Peter Combs+

Anita Copp

Anna Craver

Jim Cowan*

Cheri Doll*

Coco Douma

Larry A. Dreyer

Shawn Dutton

Vickie A. Dygert

Emil Erhardt*

Ken Fenno*

Daniel C. Finn

Fred Flanders

Lynn Flansaas

Robert J. Galt

Scott Geda

Bruce Gerlach

Robert Gersack

Faith Green

Mike Grove*

Lynn Grobel* +

Gayle Haglund

Marilyn Hanson

Joette Hartley

G. Douglas Hartz-

heim*

Robert Henry+*

Dan Hensley

Mark L. Hensley

Wayne Hirsch

Lyle Hodgskiss

Kris Honrud

Gary Howell

Jerry T. Hoyer*

Cindy Huntsman

Fay Imberi

Harold Lee Isaacs

Cheri Johnson

Jim Johnson*

Joseph K. Johnson

Mike Johnson

Mitch Johnson

Pete Johnson*

Sandy Johnson

Bill Kearns, Jr.*

Barbara Kimbell

Richard Kingsley*

Lyle Knight

Jeff Koski

Julianne Kouby

Jim Lear

G.W. Leighton +

Terry Lobdell

Gary M. Madison

Gilbert J. Majerus

Gregory Mattfield

Jana McElwaine

Deb Mickelberry

Murry Moore*

C. S. Moore* +

Norman Mosser*

Zane Murfitt*

Mike Mundt

Henry Murray III*

Russ Nelson

Timothy Newton

Jeri Norris

Amy Oakley

Don Olsson, Jr.

Andy O’Neill

Belinda Osborn

James Overstreet

B. G. Paige* +

Mike Quade

Kim Ralph

Lorry Rasmussen

Mike Richter*

John Ronneberg

Ron Rosenberg

Bill Ruegamer

Zack Russell

James Sandsness*

Ron Scott

Ginny Self

Marci Shaw

Bob Sizemore*

Terry Skones

Cathy Smith

Julie Standley

James C. Stegmeier*

Tracy Taylor

Dale Tlustosch*

Steve Tostenrud

Casey Tucker

Bud Uecker*

Roger Ulrich*

T. A. Vashus* +

Warren Vaughn +

Debra Vielleux

Vern Voegele

Donald Vondra*

John T. Vucurevich*+

Mike Walstad

Steve Wheeler

Kathy Wilkerson

Kim Wolstad

Ron Young

Benefits of 25/50 Year Club Membership

History

In 1964, a fund was created to provide an annual $300 scholarship

which was rotated between Montana State University and the

University of Montana. In 1967, the Club started awarding a student at

each university with $300. After 1983, six scholarships for $500 were

awarded annually to students at MSU (2), U of M (2), MSU-Eastern, and

MSU-Northern. Currently, the club is able to award a $1,500

scholarship to MSU and U of M, and $1,000 to MSU-Northern and

MSU-Eastern.

The 25/50 Year Club was founded to grant scholarships and recognize bankers for exceptional service and

accomplishments. Members of the 25/50 Year Club have been affiliated with banking for 25 years or more.

The fund provides annual scholarships to the Montana State University and the University of Montana.

Scholarship Criteria

Scholarship criteria include being a junior or senior student with a

major area of professional interest in finance or banking. The student

must have a 3.0 or better cumulative grade point average. The award is

given in the name of the Montana Bankers Association 25/50 Year Club.

Student/Banker Recognition

Winning students are chosen by the university and presentation of

scholarships is made by a 25/50 Year Club member at the school’s

annual awards banquet. The student is featured in the BANCSERVE

Press.

The University sends a press release to the student’s home town

newspaper as well. Membership in the MBA 25/50 Year Club is an

excellent opportunity to enhance the education of Montana’s students

and insure the continued ability of the fund to provide some of

Montana’s oldest scholarships.

Perpetual Membership You or your bank may make a $500 contribution to honor any active,

retired or deceased bank officer, director, or employee. By making a

contribution, the honoree will become part of a fraternity of bankers,

helping improve the future of banking in the state of Montana. These

monies will be added to the 25/50 Year Club and the officer, or

employee will be given a perpetual non-dues membership in the 25/50

Year Club.

25/50 Year Club Membership Application

Name: ________________________________________ Title: _______________________________________________

Bank: _________________________________________ Phone Number: _______________________________________

Bank Address: __________________________________ City/State/Zip: ________________________________________

Home Address: __________________________________ City/State/Zip: ________________________________________

Year Started in Banking: ____________________________ Preferred Mailing Address: Office: __________ Home: _________

Pursuant to the Revenue Act of 1987, we are required to advise you your dues payment is not deductible as a charitable contribution

for federal income tax purposes. However, your dues payment may be deductible as an ordinary and necessary business expense.

To Join

Please complete the below application form and submit with your $50 or $500 membership dues. Memberships are from

July 1 to June 30 of the following year.

Mail the below form to:

Montana Bankers Association,

1 N. Last Chance Gulch, Suite 4

Helena, MT 59601.

montana bankers association edp program gets rave … · 2019-08-07 · edp program gets rave...

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