Wednesday, March 15 – 9:15 a.m. – 4:00 p.m.
9:15 a.m. – 10:00 a.m. – Registration
10:00 a.m. – 12:00 p.m. – Opening Remarks and Education
12:00 p.m. – 1:00 p.m. – Lunch
1:00 p.m. – 4:00 p.m. – Education
Lunch Sponsored by
You must be fully registered for the convention to attend this session. Register Now
This session is not included
in the convention registration fee. Additional charges apply
The role of the bank director is one of continuous change. Whether it is understanding new fiduciary duties imposed by regulators or seeking greater institutional value, a director is expected to stay ahead of the curve. Industry experts will share key observations and insights on both internal and external factors influencing today’s community bank.
10:00 - 11:00 The Canons of Community Banking: Essential Practices for Directors
In an industry environment overrun with regulations and plagued by uncertainty, it has become more important than ever that community bank directors understand what it means to be a “good” director and fulfill fiduciary obligations owed to the Bank’s shareholders. With all of the unknowns associated with a Trump-led executive administration, many community bank Boards of Directors remain unsure how to lead the bank into a successful, independent future. Learn about ten non-negotiable practices for community bank Boards of Directors, including planning for independence, planning for succession, incentivizing your staff, remaining in compliance, and avoiding “Wells Fargo” moments.
Speaker: Jeff Gerrish, Chairman of the Board, Gerrish Smith Tuck, Attorneys & Consultants
11:10 - 12:00 Comprehensive Compensation Planning from Millennials to Boomers
A key factor in a bank’s overall success is its long-term strategy. Looking beyond today and making critical compensation decisions regarding key employees will greatly influence the future of your institution. Designing compensation packages that are attractive to employees involves more than just offering competitive salaries and wages. Banks must also evaluate bonus packages, profit sharing plans, and retirement plans. Current regulatory constraints also play a pivotal role when designing bank compensation systems and should not be overlooked. Learn about current trends in compensation at community banks, examine solutions others have used to achieve financial goals and enhance shareholder value, and hear how compensation ties in to management succession planning.
Speaker: Kathy Orr Smith, Principal, Bank Compensation Consulting
1:00 - 1:50 Bankruption
The Author of Bankruption offers an overview of the survival guide for community banks searching for relevance amidst immense global competition and Fintech startups. The discussion will separate futurist thinking from today’s realities and dispel common myths surrounding the U.S. banking model in order to shed light on the real challenges facing community banks. Packed with data and innovative examples, this session will analyze Fintech’s impact to the community bank model, offer approaches to compete with new products, and provide proven strategies to meet the future financial and technological expectations.
Speaker: John Waupsh, Chief Innovation Officer, Kasasa, and Author of Bankruption
1:50 - 2:05 Break
2:05 - 2:55 AML in the Cloud: Securely Automating & Fast-Tracking Compliance Operations
All community bank directors manage for growth, but must also keep a close eye on increasing regulatory scrutiny. As the complexity and resources required for Anti-Money Laundering (AML) operations increase cost, an institution’s ability to scale and grow can be severely impeded. There is a solution – today, many financial institutions are turning to cloud based AML solutions to scale with their organizational growth, expedite project implementation, reduce maintenance overhead, and most importantly, remain compliant. Hear how community banks have overcome their fear of the cloud to securely and quickly scale their compliance operations.
Speaker: Cenk Ipeker, Head of Cloud Operations, NICE Actimize
3:00 - 3:50 Building Your Bank’s Payments Strategy
Payments are an important part of a bank’s balance sheet and offer an opportunity to generate substantial non-interest income. But with so many emerging solutions, where should you begin? Gain a greater understanding of the landscape of the fast-moving payments industry and the steps needed to develop a responsive, profit-generating payments strategy at your bank from the insight of a payments expert and former banker. Learn more about examples of emerging payments solutions that are key to meeting future customer demands.
Speaker: Tina Giorgio, President and CEO, ICBA Bancard
This session is not included in the convention registration fee. Additional charges apply.
- $129 prior to Feb. 24; $179 after early-bird
- $179 prior to Feb. 24; $229 after early-bird
You must be fully registered for the convention to attend this session. Register Now.
NOTE: You’ll earn five CPE credits if you attend the entire session. Badges will be scanned at the end of the session. You must be registered for the ICBA convention in order to register for the Annual Bank Director Current Issues Seminar. Lunch for registered Bank Director Current Issues Seminar attendees only.