This one-day WBA Directors Summit will discuss key issues regarding leadership and management of community banks from the director’s perspective. The Summit is recommended for bank management teams, beginning or experienced inside and outside directors, bank CEOs, executive officers, and bank general counsel.
8:30 a.m. Summit Registration and Continental Breakfast
9:00 a.m. Vendor and Supplier Diversity – Monica Doyle – FHLBank Chicago
- What is Supplier Diversity?
- How to begin building a supplier diversity program
- How to engage staff in supporting supplier diversity
- How to set supplier diversity goals
- Ways to engage with supplier diversity councils
- Recognizing success
10:00 a.m. Behind the Curtain – Preparing for Your Next Exam – Marc Gall – Financial Institutions Group
Extraordinary Fed rate hikes have led regulators to be laser focused on liquidity management, contingency funding and interest rate risk. Drawing from conversations with regulatory agencies and collaboration with banks, we will discuss how to meet regulatory requirements in these areas. Furthermore, the session will attempt to provide the “why” behind the “what’s required” and a blueprint for your board and management team to tailor a risk management strategy to your institution.
11:00 a.m. Break
11:15 a.m. Top Risks Faced by Banks Over the Next 18 Months – Kyle Manny – Plante Moran & Tom Homberg – Godfrey Kahn
There are countless risks facing banks today. What are the most prominent ones, and what can your bank do to mitigate these risks as efficiently and effectively as possible?
12:15 p.m. Lunch
1:00 p.m. Fintech at Your Doorstep: What Can Banks Do Now to Collaborate with Emerging Fintech Companies? Marcie Bomberg-Montoya – Wipfli
It’s not news anymore that fintech startups are set to disrupt the financial industry. However, instead of sending the whole banking reality into chaos, there is real ground for collaboration between fintech companies and traditional financial institutions. The question isn’t whether these new disruptions will transform banking — because they have already started doing so — but rather how to collaborate and partner more successfully within the new financial ecosystem. The recommended strategy is partnership instead of competition. What is the potential framework for this collaboration? This presentation will focus on various aspects to consider when traditional financial institutions and fintech companies assess each other for a collaborative effort to address customers’ needs.
2:00 p.m. Break
2:15 p.m. Understanding Bank Performance: How to Pull Ahead of Your Peers – Taylor Advisors, A HUB International Company
All top-performing institutions have a goal to improve profitability while balancing risk. In a competitive market environment, outperforming your peers is a challenge! Evaluating how your institution ranks versus peers today is a key step in achieving long-term outperformance. With up-to-date peer data for many balance sheet areas and performance metrics, including net interest margin and investment yield, this presentation will show how to evaluate your institution compared to peers in your state and nationally. Each attendee will receive bank-specific information on key balance sheet positions & performance metrics to aid in evaluating strategies based on their unique balance sheet. This interactive session also contains questions, polling, and surveys, enabling participants to see how other attendees approach the balance sheet management process, decision-making, and developing best practices on how to become a high performer over time.
3:15 p.m. Adjournment
Registration Information The registration fee of $195/per attendee includes all Summit materials and meals at the event. During the registration process, you can pay with a credit card or select to be invoiced. Refund Policy: A refund, less a $25 administrative fee, is provided for cancellations requested on or before Friday, May 12, 2023.