MBA Online News
Welcome to MBA Online News – our blog featuring timely articles and information benefitting Minnesota bankers. In addition to articles from MBA Associate Members*, we will feature occasional updates and articles from MBA staff and member bankers. We hope you find this to be a valuable resource.

*The MBA regularly publishes a variety of by-lined columns authored by individuals whom we consider to be knowledgeable in their respective fields and who have a valuable message to share with Minnesota’s banking community. Opinions in these columns, however, are those of the authors and do not necessarily represent the opinions of the Board of Directors, members, or staff of the Minnesota Bankers Association. 

August 8, 2019

SEP Plans: Another Connection to Small Employers

Community banks have a strong success rate when it comes to helping local employers build strong foundations for their businesses. Banks provide small business loans to allow owners to expand and grow.


July 31, 2019

Protecting Your Institution From Check Fraud: Three Emerging New Trends

When was the last time you wrote a check? We’ll wait…

While you may not
have written a check in a while, businesses still rely on checks as one of their top forms of payment and are a lucrative source for check fraud.


July 25, 2019

LIBOR to SOFR: What Community Banks Should Know to Make a Successful Transition

The London Interbank Offered Rate (LIBOR) has been used for over three decades as the global standard benchmark for pricing all types of financial transactions, from small business loans to globally syndicated derivative structures. Now, that will soon be changing and financial institutions will need to adjust their loans to a new benchmark, the Secured Overnight Financing Rate (SOFR).


July 18, 2019

The Call to Serve

As I prepare for my year of service to you as the MBA Chair, I want to first thank my predecessor, Mark Miedtke, for his service. With his leadership, the Minnesota Bankers Association has positively impacted bank regulations and legislation, while improving the reputation and image of bankers across this state.

July 10, 2019

2019 Minnesota Bankers Association Annual Report

Another fiscal year has passed here at the MBA. Each of the MBA’s core functions, education programming, legal and compliance support, group insurance products, communications services, human resources support and government relations advocacy, have performed extremely well.

Read more >>

June 20, 2019

Managing the Shifting Balance of Deposit Composition

“Life can only be understood backwards; but it must be lived forwards.”

This quote by Søren Kierkegaard perfectly characterizes the role of managing a bank’s balance sheet as it reacts to market changes.


 June 10, 2019

ABA Voices Support for Cannabis Banking Legislation

In a letter to Senate members, ABA offered support for S. 1200, the Secure and Fair Enforcement Banking Act – a bipartisan Senate bill introduced by Sens. Jeff Merkley (D-Ore.) and Cory Gardner (R-Colo.) that would enable financial services for legitimate cannabis-related businesses.


June 3, 2019

The Clock is Ticking: Why 2019 is Critical for the CECL Transition

Now that we’re in 2019, financial institutions are facing the future as new requirements under the current expected credit loss (CECL) rules have hit an important milestone. Financial institutions have known about this “new” accounting standard for approximately three years, and now the frequently discussed deadlines are on the horizon.