contents The Missouri 573-636-8151


Max Cook Publisher


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Lori Bruce Editor


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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 To Pay or Not to Pay: Ransomware Attacks Offer an Unsavory Choice ....................... 6


Department News Government Relations: ECORA, ATM ‘Smash-and-Grab’ Penalty Provision Top Session Agenda . . .8 Legal: Protecting Your Banks From ATM ‘Smash and Grabs’ ................................ . 9 Compliance: To Inhale or Not Inhale, Tat is the Question. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 10 Education & Marketing: School of Bank Management Provides Tools for Next Career Steps . 11


Views from Washington, D.C. Monitoring Regulations, Pushing Back .................................................... 12


Cover Story Taking Care of Business .................................. 14 Craig Overfelt reflects on 20 years with MBA advocating for Missouri banks


Guest Commentary Ensure Accurate Property Descriptions With MBA Partner Vizaline ..................... 18 FTC Expands the Safeguards Rule, Anticipates ‘Technological Shiſts’ ................. 20 Cyberattacks: What You Need to Know and Do to Twart Treats .................. 22


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Missouri Bankers Association


Around the State $82,315 and Counting ..................................................... 24 Missouri Banker Establishes Fund to Support Education, Scholarships ...... 26 MBA Foundation Awards InternConnect Scholarships .................. 26 Missouri Bankers, Banks Honored at ABA Convention ............... 27 Achievements .................................................. 28 2021 MBA Highlights ....................................... 29


THE MISSOURI BANKER 1


From our Chairman Make Your Voice Heard as an MBA Target Banker ....................................... 2


From our President and CEO Te Time for SAFE Banking is Now ..................................................... 5


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