contents The Missouri 573-636-8151


Max Cook Publisher


cmcook@mobankers.com


Lori Bruce Editor


lbruce@mobankers.com


The Missouri Banker (USPS Number 000044, ISSN Number 0893-5637) is published six times a year by the Missouri Bankers Association, 207 E. Capitol Ave., Jefferson City, MO 65101. Second-class postage is paid at Jefferson City, Mo. Copyright© 1998 by the Missouri Bankers Association. All rights reserved. POSTMASTER: Send address changes to The Missouri Banker, P.O. Box 57, Jefferson City, MO 65102. Opinions expressed in any signed article in The Missouri Banker are those of the author and should not be construed as the viewpoint of the editors or of the Missouri Bankers Association. Neither should information provided in The Missouri Banker be construed as legal advice. The Missouri Banker does not provide legal advice, nor does it take the place of legal counsel hired  makes a reasonable effort to establish the integrity of advertisers, it does not endorse advertised products or services, unless otherwise so stated. This issue may contain legislative advertising. Advertising copy is generally segregated from news and other information.


Address Changes


Submit address changes for The Missouri Banker to MBA, P.O. Box 57, Jefferson City, MO 65101, Attn: Database Manager or email database@mobankers.com.


American Bankers Association Perspective Meeting in the Middle(ware) ............................................................. 6


Department News Government Relations: Tank You for Investing in Young Professionals ...................... . . .8 Legal: Disregard of Due Process, Precedent Present Systemic Risk to U.S. Economy ........... . 9 Compliance: CRA Public File Update Time .............................................. 10 MBA VEBA: VEBA Welcomes Woehr as Employee Benefits Account Executive ............... 11 Next Generation in Banking: Nominate a Banker for NextGen Leadership Award .......... 12


Views from Washington, D.C. MBA Activity at Washington Summit .................................................... 13


Cover Story Nuturing Growth ....................................... 14 Banking Leadership Missouri offers opportunities to develop career, knowledge


Guest Commentary Investment Subsidiaries Offer Solution for Municipal Securities ......................... 18 Not So Fast, My Friend. ........................................................... 20 Discover How Open Banking is Driving the Future of Financial Services ............. 22


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Missouri Bankers Association THE MISSOURI BANKER 1


Around the State 2023 Target Banker Visits .................................................. 24 Achievements ........................................................... 28


From our Chairman Always Tere for Us, in Good Times and Bad ............................................ 2


From our President Every Bank Must Be Active in Discussions Tat Lie Ahead ................................. 5


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