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October 2025 |
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Bankers' Bank of Kansas Upcoming Closures:
Tuesday, November 11, 2025, in observance of Veterans Day. We will reopen for business on Wednesday, November 12.
Thursday, November 27, 2025, in observance of Thanksgiving. We will reopen for business on Friday, November 28. |
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TIP 1 - System Core Upgrades
Considering a system core upgrade? Aiming for greater efficiency? Seeking a third-party partnership? These are routine strategies for banks, but remember, Bankers’ Bank of Kansas is your go-to partner for enhancing efficiency and providing potential cost savings. Don't hesitate to reach out to us first if you're considering any upgrades. |
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TIP 2 - FinCen Section 2313A Orders Prohibiting Certain Transmittals of Funds Involving CIBanco, Intercam, and Vector
We've integrated the Primary Money Laundering Concern and Jurisdictions lists into PATH for scanning ingoing and outgoing transactions to ensure OFAC compliance. PATH flags transactions, prompting users to approve or reject them. If a bank approves, BBOK conducts further checks on potential matches for final approval or rejection.
*CXI also prohibits these transmittals of funds. |
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INSTANT PAYMENT HOT TAKES
with Daniel Hayden |
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Over the next two decades, the U.S. will undergo a significant wealth transfer, with trillions of dollars moving from the Baby Boomer generation to Gen X, Millennials, and Gen Z. These younger generations expect instant access to their money, and the ability to move it just as fast.
Ask yourself:
- How much of your deposit base is already sitting in fintech apps like Venmo or PayPal, simply because your customers want real-time money movement.
- If the next generation never sets foot in a branch, are you delivering an online experience that meets their expectations, including instant payment capabilities?
Bankers’ Bank of Kansas can elevate your institution’s competitiveness by supporting the settlement of instant payments, so you don’t lose the next generation of customers to tech-first alternatives.
Reach out to one of our relationship managers to get started: |
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Bryan Blundell
Vice President - Relationship Manager
direct 316.681.9213 | mobile 316.218.2129
office 316.681.2265 | bblundell@bbok.com |
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Matt Allred
Vice President - Relationship Manager
direct 316.681.9248 | mobile 316.833.2841
office 316.681.2265 | mallred@bbok.com |
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U.S. Treasury Launches FedNow® Service
for Instant Federal Disbursements
The U.S. Treasury has announced the availability of the FedNow® Service
for instant federal agency disbursements. This new service allows for faster and
more efficient transactions, directly benefiting your customers. Stay informed
on how these advancements can impact your customers by reading further
details in the linked article below. |
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FedNow® Service Transaction Limit Increase Effective November 2025
Beginning November 2025, the FedNow® Service will raise the transaction limit for customer credit transfers and payment returns from $1 million to $10 million. This enhancement will allow you to accommodate a wider range of payment needs your customers may have, while also offering your bank greater flexibility in setting transaction limits to effectively meet the needs of your institution. |
| Read the Federal Reserve Announcement» |
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Compliance Corner - Suspicious Activity Reports (SAR)
Author: Beth Seals |
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The Financial Crimes Enforcement Network (FinCEN) annually releases SAR statistics in Excel format, offering insights into trends and suspicious activities from the previous year. This report, detailed across nine tabs, is crucial for financial institutions to assess and improve their fraud detection controls, especially in areas like check and ACH fraud, deposit accounts, and debit card activity. |
| Continue Reading» |
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Update on Penny Orders: Separate Submissions Recommended
Given the unpredictable availability of pennies, we recommend that you place your penny orders separately from your other coin and currency orders. This approach helps minimize the inconvenience of having to resubmit orders in case of rejections due to penny shortages. Notably, the Federal Reserve has confirmed that there are no additional charges for placing separate penny orders. For any questions or further assistance, please feel free to reach out via email at path@bbok.com. |
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Mark Your Calendar for Innovate 2026! |
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SAVE THE DATE: April 8, 2026
Get ready and plan ahead for the second annual BBOK Innovate Operations Conference! With only 75 spots available, you’ll want to secure your place early when registration opens early 2026 at $150 per person. Plus, we’re hosting a welcome reception the evening of Tuesday, April 7. Stay tuned for more details as we approach 2026! |
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"This was a great event. I loved that it focused on innovation in general. So many conferences are about one topic, but I really enjoyed talking with all the other bankers about innovation in all areas of banking." |
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Understanding the GENIUS Act and Stablecoins
Interest in Stablecoins and blockchain technology is on the rise. These innovations are reshaping how financial institutions, consumers, and regulators envision the future of digital currency. A key development is the GENIUS Act, enacted on July 18, 2025. In connection with this, the U.S. Department of the Treasury released an Advance Notice of Proposed Rulemaking (ANPR) to gather public feedback on implementing the new regulatory framework. The public comment period for this ANPR closed on October 20, 2025.
View the resources below to help familiarize yourself with the GENIUS Act: |
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The PATH to Success Newsletter - We Want Your Feedback!
We have been sending this newsletter for more than a year and would love to hear your thoughts on our performance. Please send us your feedback to path@bbok.com and let us know if the newsletter is valuable to you. If you find value in the information, we welcome your compliments. Similarly, if you have suggestions for improvement, we would greatly appreciate your input to enhance the newsletter’s benefit for you. Thank you! |
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Our mailing address is:
Bankers' Bank of Kansas | 555 N Woodlawn, Bldg 5 | Wichita, KS 67208 US |
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Bankers' Bank of Kansas, 555 N Woodlawn BLDG 5, Wichita, KS 67208, United States |
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