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Does your bank need cyber insurance?

Independent Banker

“Cyber insurance today is what property insurance was 50 years ago,” notes Gregory Montana, chief risk officer at FIS. Cyber insurance not only provides financial reimbursement for losses; it also equips the insured with access to a list of preapproved incident response experts that are required to help the bank manage a cyber event.

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The top-performing community banks of 2021

Independent Banker

Bank of Montana. Tom Swenson, CEO and chairman of the board, Bank of Montana. Bank of Montana. 3 MINUTES WITH… Tom Swenson, CEO and chairman of the board Bank of Montana. “We We use the ‘Miracle on 34th Street’ approach to serving clients,” says Tom Swenson, Bank of Montana’s CEO and chairman of the board.

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Bankers Tell Me Their Top Industry Game Changers

Jeff For Banks

I teach Bank Profitability for the Washington, Utah, and Montana Bankers'' Associations EDP programs. Utah has many Industrial Loan Companies (ILC''s), which are FDIC supervised financial institutions that can be owned by commercial firms not regulated by a federal banking agency, like a utility company.

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What’s in it for Me? Real Estate Investment Technology

Fintech Labs Insights

Investor funds are held in an Investors Trust Account with City National Bank and in the event of default, the funds are FDIC insured up to $250,000. The MogulREIT is an SEC-registered LLC formed to invest in and manage a diversified portfolio. Brickx takes care of all property management. The minimum investment is $1,000.