Independent Banker - July 2022 - 10

CURRENCIES
NEWS
IN THIS ISSUE
Reading for Ukraine
Holding copies of Little Frog and the Bright Lights,
Monson Savings Bank president and CEO Dan Moriarty,
second from left, with members of Educare Springfield
" The most important technology
to watch in community banking
is not technology; it's the people
responsible for evaluating and
implementing the technology. "
-CHASE NEINKEN, CHIMNEY
Read more on page 58 d
Monson Savings Bank is well known in its community for
lending a helping hand. The Monson, Mass., community
bank recently purchased $1,000 worth of copies of Little
Frog and the Bright Lights to fundraise for the book's
Ukrainian illustrator, Max Stasiuk.
While attending a meeting hosted by nonprofit
organization Spirit of Springfield, Dan Moriarty, president
and CEO of the $620 million-asset bank, heard about the
organization's eff orts to support Stasiuk and his family
during Ukraine's war with Russia. Stasiuk's wife and two
children escaped to Italy, but he remains in Ukraine. Inspired
by his story, Moriarty bought 100 books on behalf of Monson
Savings Bank. " The human spirit of this gentleman alone was
huge, and it just felt right to do, " he says.
The community bank did not stop there. Monson Savings
Bank team members planned a visit to Educare Springfield,
an early education program for low-income families, on
April 14 for a read-along with the preschool students. Each
child was given a copy of the book and a Monson Savings
Bank piggy bank to practice saving their money.
" This book, in some small way, is helping Max and his
situation over in Ukraine, but also, we brought the books
down to the Educare school, " says Moriarty. " It helps
with community foundation-meaning [we're] starting to
develop relationships with individuals or families that we
may not have had an opportunity to. "
All the sale proceeds of Little Frog and the Bright Lights
go to Stasiuk, while Spirit of Springfield has set up an
online platform designated for book orders and donations.
-Tarra Willox
10 Q ICBA Independent Banker Q July 2022
GOOD READS
Sustaining small business success
Community banks already tailor their lending
to small businesses' needs and help them find
support through SBA programs, but deepening
relationships goes beyond transactions. In Profit
First: Transform Your Business from a CashEating
Monster to a Money-Making Machine, Mike
Michalowicz outlines a counterintuitive cash
management plan that can help community
bank clients " break out of the doom spiral "
through four basic principles. He asserts that
small businesses, much like the community
banks who champion them, can outperform even
larger competitors.

Independent Banker - July 2022

Table of Contents for the Digital Edition of Independent Banker - July 2022

Table of Contents
Independent Banker - July 2022 - Intro
Independent Banker - July 2022 - Cover1
Independent Banker - July 2022 - Cover2
Independent Banker - July 2022 - Table of Contents
Independent Banker - July 2022 - 2
Independent Banker - July 2022 - 3
Independent Banker - July 2022 - 4
Independent Banker - July 2022 - 5
Independent Banker - July 2022 - 6
Independent Banker - July 2022 - 7
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Independent Banker - July 2022 - Cover3
Independent Banker - July 2022 - Cover4
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https://www.nxtbook.com/mspc/independentbanker/january2018
https://www.nxtbook.com/mspc/independentbanker/december2017
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