February 2023

ABA Survey Finds Cybersecurity Top Risk

Priority for Community Banks

Cybersecurity will be the top risk priority for most community banks over the next 18 months, with operational risk and compliance risk also high priorities, according to the ABA Banking Risk and Compliance Management 2023 Outlook survey released today.

© 2023 American Bankers Association. Reprinted with Permission. All Rights Reserved. 

Lindsay LaNore: A New Year’s Reading List

In a rapidly evolving world, it’s more important than ever to commit to lifelong learning, but it’s just as challenging to make time for it. Expanding education beyond the classroom, however, can be as easy as planning a reading list, starting a departmental book club or gifting each member of your team a book that you love.

If you’re not sure where to start, here are some great suggestions from members of the ICBA Bank Education Committee.

FEB 7

Nebraska Bankers Association

Operations/Technology Conference

FEB 7-8

Iowa Bankers Association

Bank Management & Policy Conference

MAR 2-3

Illinois Bankers Association

The One Conference

MAR 7

Iowa Bankers Association

Iowa Bankers' Day on the Hill

MAR 12-16

Independent Community Bankers of America Annual Convention

MAR 20-21

Iowa Bankers Association

Ag Bankers Conference

MAR 30-31

Community Bankers of Iowa

Leaders of Tomorrow Leadership Development Conference



The FedNow℠ Service will be available to depository institutions in the United States by mid-year and will enable individuals and businesses to send instant payments through their depository institution accounts. The service is intended to be a flexible, neutral platform that supports a broad variety of instant payments. At the most fundamental level, the service will provide interbank clearing and settlement that enables funds to be transferred from the account of a sender to the account of a receiver in near real-time and at any time, any day of the year. Depository institutions and their service providers will be able to build on this fundamental capability to offer value-added services to their customers.

The FedNow℠ Service will be designed to maintain uninterrupted 24x7x365 processing with security features to support payment integrity and data security. The service will have a 24-hour business day each day of the week, including weekends and holidays.

As your correspondent bank, MIB is interested in the level of interest your institution has in this new payment rail so we can best support you in your bank’s adoption efforts. MIB is a Pilot Participant in FedNow℠, will be beta testing settlement functionality in the coming weeks and will be here to serve your institution with onboarding to FedNow℠, when you are ready, as well as with 24x7x365 settlement of FedNow℠ activity.

Contact Lindsay York or Sheila Noll if you have any questions concerning our participation in FedNow℠.

A: $400,000

A: Microsoft's new Chromium-based browser, Edge, comes packaged with an "IE Mode" that runs the MSHTML engine and will allow sites to run that require IE. For more information, please see this informational document from Microsoft:https://docs.microsoft.com/en-us/deployedge/edge-ie-mode