OFFICIAL PUBLICATION OF THE COMMUNITY BANKERS OF WASHINGTON

July 27, 2023

Welcome New CBW Associate Members

BuildingMetrix Scott Elliott (206) 273-7141 scott.elliott@wsrb.com BuildingMetrix knows property. For over a century, our parent company, WSRB, has provided insurance carriers with powerful data, enabling them to evaluate risk effectively and efficiently. BuildingMetrix, a wholly owned WSRB company, aims to provide that same level of expertise to industries outside insurance. Our proprietary algorithm aggregates and

Welcome New CBW Associate Members Read More »

Checks & Balances: ICBA Successfully Defends Against FDIC Special Assessment

As soon as the news broke about Silicon Valley Bank and Signature Bank, ICBA sprang into action, shielding community banks from paying for the failures of the megabanks. It’s not every day a financial crisis unfolds, and it’s certainly not something community bankers expect while attending the industry’s leading convention, ICBA LIVE. But that’s exactly

Checks & Balances: ICBA Successfully Defends Against FDIC Special Assessment Read More »

Securing Your Data: Advice From an Award-Winning Cybersecurity Team

Technology continues to insinuate itself into almost every facet of our daily lives, whether it is personal or work-related. As a result, protecting data privacy has become increasingly more relevant to every consumer and business. In 2022, 422 million people were affected by data breaches at U.S. companies with an average of 4.8 breaches per

Securing Your Data: Advice From an Award-Winning Cybersecurity Team Read More »

Value Added – High Baseline Yields Accompany Surprisingly Wide Spreads

If your responsibilities include your community bank’s bond portfolio, you’ve been confounded by several elements of its performance in the last 18 months. To the extent your portfolio has mortgage-backed securities (MBS) and government agency bonds, and the clear majority of all bonds owned by banks are in these two categories, they’ve certainly lost value

Value Added – High Baseline Yields Accompany Surprisingly Wide Spreads Read More »

Innovation Station: The Myth, Lure and Reality of AI

When it comes to artificial intelligence (AI), as the great Wizard of Oz once said, “Pay no attention to the man behind the curtain.” There’s been a lot of hype about AI and its offshoots like ChatGPT, and while it’s an exciting technology, it’s not new. The first patents on AI algorithms came out more

Innovation Station: The Myth, Lure and Reality of AI Read More »

LEAD FWD 2023: CBW —Banking on the Leaders of Tomorrow

The future of our industry hinges on tomorrow’s community bank leaders. Each year, the Community Bankers of Washington (CBW) awards one NextGen Scholarship, and two additional applicants receive a John Collins Leadership Award to ensure that future industry leaders are being prepared for the jobs of tomorrow. The scholarship and awards provide a pathway to

LEAD FWD 2023: CBW —Banking on the Leaders of Tomorrow Read More »

President’s Message: Advocating for Community Banks

Welcome to the first issue of Currency — CBW’s re‑branded quarterly magazine. Our purpose is to highlight the wealth of knowledge, resources and opportunities provided by and for Community Bankers of Washington’s members. CBW’s raison d’etre is to advocate for Washington’s community banks and only for community banks. You cannot find this singular mission for

President’s Message: Advocating for Community Banks Read More »