Day: August 27, 2021


The Presidential Executive Order On Cybersecurity and Your Business Introduction

The Cyber Threat Landscape is increasingly prominent in the news, represented by the major security breaches of SolarWinds and Colonial Gas. In recent years, the United States federal government has passed many bills related to Cybersecurity. One of the most comprehensive actions was just recently enacted in the Executive Order signed by President Biden on May 12, 2021 – “Executive Order on Improving the Nation’s Cybersecurity.”


Prepare for the LIBOR Transition: What Kansas Community Banks Need to Do Now

The use of LIBOR is drawing to an end. For decades, financial institutions have used LIBOR (the London Interbank Offered Rate) as the prevailing reference rate for determining interest rates in commercial and financial transactions. As a response to the manipulation of LIBOR almost a decade ago, the United Kingdom’s Financial Conduct Authority (the FCA) announced in 2017 it did not expect LIBOR to be an acceptable benchmark for floating interest rates beyond 2021.


Extension Indulgence? Community Bank Portfolio Durations Reach Historic Lengths

Here’s something you haven’t heard yet from the pandemic, economic shutdown, record stimulus, heroic Paycheck Protection Program efforts, and flight-to-quality dynamics of the past 18 months: your community bank is probably sitting on a record-high length of average maturities in its bond portfolio. And it’s gotten there in a hurry.



COVID-19 was an experiment in forced change, and now that we’re transitioning into a new norm, we’re grappling with what’s next. We know we cannot just backtrack to where we were in early 2020; we need to develop a new, post-pandemic mindset. And that means as employers, we have a brave new world of hiring to navigate.