OFFICIAL PUBLICATION OF THE COMMUNITY BANKERS ASSOCIATION OF KANSAS

Pub. 4 2023 Issue 6

AI in Lending Decisioning and Unintended Discrimination

With the advancements in artificial intelligence (AI) technology, businesses around the world are considering how they can use AI to improve efficiency and advance business goals. Financial institutions are no exception. While AI can bring many efficiencies and advancements to the way business is conducted, in the highly regulated financial services industry, there are many

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Training: The Foundation of Effective Compliance

We have all heard the old maxim, “How can you expect them to do things right in the first place if you don’t tell them how to do it.” That is particularly true in the area of compliance. You cannot expect employees to comply with the plethora of laws and regulations that impact banking today

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Surviving Versus Thriving in Today’s Market

Community bankers have long been community changers. Through their service to small businesses and local economies, their impact on the lives of their customers and neighbors is undoubtedly far-reaching. Nevertheless, the community of community bankers and changers is, in and of itself, changing rapidly — enough for some to declare it under attack. Why is

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Mortgage Mélange: Volatile Rates Create a Cornucopia of Options

I’m going out on a limb here, but one day, mortgage rates will not only quit rising; they will actually begin to fall. When that happens, community bank bond portfolio managers will have to deal with a host of factors (most of them positive) they haven’t seen in a while, if ever. The sheer scale

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