Pub. 1 2020 Issue 2

2020 CBA OFFICERS & DIRECTORS Timothy A. Matlack Chairman FNB Washington, Washington Jon W. Pope Chairman-Elect Peoples State Bank, Manhattan Michele C. Lundy Vice-Chairman Tampa State Bank, Tampa Irv Mitchell Secretary/Treasurer Wilson State Bank, Russell Rodger L. Van Loenen Immediate Past Chairman Farmers State Bank, Phillipsburg DIRECTORS Jayne Coleman Kendall State Bank, Valley Falls Jeff D. Caudle Union State Bank, Atchison Kent Culbertson First National Bank & Trust, Phillipsburg Troy Schippers Gorham State Bank, Victoria William J. Sheik State Bank of Bern, Bern Steven R. Niemack Stockgrowers State Bank, Maple Hill Melisa Sorenson Legacy Bank , Wichita Tom Pruitt Peoples Bank & Trust Co., McPherson Jack Rowden Citizens State Bank, Hugoton Josh Bailey Security State Bank, Scott City STATE ICBA DIRECTORS Galen H. Pelton Grant County Bank, Ulysses Tanner Johnson Howard State Bank, Sedan CONTENTS Issue 2 | www.cbak.com 6 NOT ALL BONDS ARE CREATED EQUAL Fierce rally highlights different risk/reward profiles By Jim Reber 8 FLOURISH Community Banks Work Hard To Ensure That Every Day is Just a Little Bit Better Than The Last. By Rebecca Romero 10 A BANKER’S GUIDE THROUGH THE TOP STRATEGIES OF 2020 It’s an exciting and challenging time for financial institutions By Steve Duperrieu 14 RETIREMENT SPOTLIGHT: January 2020 Spotlight on Important Secure Act Provisions For Financial Advisers By Barb Van Zomeren 16 “JUST SIGN IT, DEAR”OR WHEN ARE GUARANTORS NOT A PLUS? By William J. Showalter, CRCM, CRP 18 THE OTHER TAX SEASON: PROPERTY TAX TIME IN KANSAS By Jarrod Kieffer 20 CBA ANNUAL GOLF CLASSIC IN EVERY ISSUE: 4 ANNIVERSARIES 5 ANNOUNCEMENTS 22 PRODUCTS & SERVICES REFERENCE LIST © 2020 Community Association Bankers of Kansas | The newsLINK Group, LLC. All rights reserved. In Touch is published four times each year by The newsLINK Group, LLC for the Community Association Bankers of Kansas and is the official publication for this association. The information contained in this publication is intended to provide general information for review, consideration and education. The contents do not constitute legal advice and should not be relied on as such. If you need legal advice or assistance, it is strongly recommended that you contact an attorney as to your circumstances. The statements and opinions expressed in this publication are those of the individual authors and do not necessarily represent the views of the Community Association Bankers of Kansas, its board of directors, or the publisher. Likewise, the appearance of advertisements within this publication does not constitute an endorsement or recommendation of any product or service advertised. The Community Association Bankers of Kansas is a collective work and as such some articles are submitted by authors who are independent of the Community Association Bankers of Kansas. While In Touch encourages a first-print policy, in cases where this is not possible, every effort has been made to comply with any known reprint guidelines or restrictions. Content may not be reproduced or reprinted without prior written permission. For further information, please contact the publisher at: 855.747.4003. Shawn Mitchell President and CEO shawn@cbak.com Nikki Dohrman Senior Vice President/ Executive Director nikki@cbak.com Yvonna Hansen Vice President of Member Services yvonna@cbak.com Stuart Little Little Government Relations, LLC CBA STAFF