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At its core, community banking is risk management. In addition to community banks’ commitment to risk management on a day-to-day basis, it is important that community banks utilize insurance to protect themselves, their directors and officers from both internal and external risks. Discuss key insurance protections, with a focus on directors’ and officers’ insurance policies and financial institution bonds, as well as relevant insurance issues that can be applied to insurance protections in other areas of community bank operations.
Learning Objectives:
Discover why it’s important for community banks to utilize insurance.
Learn the key insurance protections.
Study relevant insurance issues that can be applied to insurance protections in other areas of community bank operations.
Duration: 60-minutes
