Independent Banker - May 2022 - 10

CURRENCIES
NEWS
THE STATE OF BANKING
Iowa
259
banking institutions
Total assets:
$116.2 billion
Giving back, baby
When local organization The Village Diaper Bank reached
out last year about its Diaper Drive, One Community Bank in
Oregon, Wis., was more than happy to lend its support.
" This donation drive correlates with the bank's mission of
serving clients, supporting colleagues and investing in the
community, " says Steve Peotter, CEO of the $1.6 billion-asset
community bank.
For its second year with the program, One Community
Bank off ered to host the Diaper Drive at all six of its Dane
County locations to collect cash donations and diapers from
colleagues, clients and members of the community. Overall,
this year's Diaper Drive collected 113,000 diapers and raised
about $130,000.
There were many reasons that compelled One Community
Bank to help with the Diaper Drive again, Peotter says. For
example, one in three families struggle financially to buy
diapers, but public assistance programs like SNAP and WIC
don't include diapers, according to The Village Diaper Bank.
In addition, One Community Bank colleagues with young
kids, like AVP treasury management business development
Karleigh MacWilliams, encouraged the bank to participate
in the drive. Peotter notes that it's important to One
Community Bank to support initiatives that not only help
their community but also that its colleagues connect with.
Peotter is optimistic that the drive will benefit the families
and individuals who need it. " As a growing organization that
is committed to philanthropy, " he says, " we always have a
way to do more. " -Peyton Giff els
10 Q ICBA Independent Banker Q May 2022
The Des Moines-West Des Moines,
Iowa, area is the second-largest
deposit market with
$26.8 billion
in deposits
Median ROA:
1.24%
Agriculture has the highest loan
concentration at
183%
Source: FDIC Q4 2021 statistics
GOOD READS
Digital disruption
deep dives
Can data enrichment outsmart
fraudsters? That's the question
asked in a recent episode of financial
consultancy 11:FS's weekly Fintech Insider
podcast. A revolving lineup of hosts and featured
guests discuss, distill and disseminate the
issues shaping and changing today's banking
landscape. Recent entries include the metaverse,
ideal partnerships, financial crime and Canada's
fintech " ultramarathon. "

Independent Banker - May 2022

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

Table of Contents
Independent Banker - May 2022 - Intro
Independent Banker - May 2022 - Cover1
Independent Banker - May 2022 - Cover2
Independent Banker - May 2022 - Table of Contents
Independent Banker - May 2022 - 2
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Independent Banker - May 2022 - Cover3
Independent Banker - May 2022 - Cover4
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