The role of the bank CFO, Controller, or Cashier is tougher than ever. Interest margins are compressed and competition is intense for deposits and fee income. The accounting, tax, and regulatory environment is ever-changing. Every day you are charged with the task of navigating today’s ever-changing economy.
The MBA Bank Financial Officers Conference can help you by providing the latest updates and strategic insights that you need to lead your bank to success. Stay current on the issues affecting you with specialized professional education opportunities covering the topics you need to hear about from industry experts. This program allows for extensive peer interaction and resource sharing.
Make your attendance count towards your continuing professional education credits!
The MBA will provide a certificate of attendance that you may submit to the appropriate advisory board.
9:00 a.m. - Political/Regulatory Update – Joe Witt, MBA President/CEO
Receive an update on the state of the financial industry – both locally and nationally, what issues are on the front burner and hear how the MBA is working for its members followed by Q & A.
9:30 a.m. - The Amazon Prime Effect – Surviving in the New Subscription Society – Dave DeFazio, StrategyCorp
Subscription services are quickly becoming the dominate strategy of today’s best retailers and have caused a monumental shift in the way people buy. More than 50% of all American households now subscribe to this and other retail services such as Netflix, Spotify, and Dollar Shave Club. Bankers have a duty to understand these trends and drive their institution beyond transactions to connect better with the lifestyles of today’s consumers.
11:00 a.m. - Effective Communication for Successful Leadership – Patrice McGuire, Graduate School of Banking-Madison
“Do you know what the problem is in our organization? Poor communication.” Sound familiar? Leaders at all levels are involved in communication daily. That’s how things get done. However, if leaders are not effective communicators expectations go unmet, errors happen, people are unhappy, morale takes a hit and ultimately people leave. In this session, leaders will review their own communication tendencies and behaviors that might be getting in the way of effectively communicating. Leaders will also identify ways to clearly communicate expectations, hold people accountable and support and encourage others along the way. Leaders will walk away with eight strategies on Effective Communication for Successful Leadership.
12:15 p.m. - Lunch
1:20 p.m. - If Our Economy is Cyclical, We May be in for 30 Years of Higher Rates Starting… – Josh Kiefer, Country Club Bank
Where are rates headed and how long will it take to get there? I have no clue! In this session we will identify some tools used to predict different economic outcomes. If you are a believer in technical analysis and cyclical market trends, I’m afraid the outcome will require us to take a completely different management approach as it relates to balance sheets.
1:50 p.m. - Managing Interest Rate Risk, Liquidity and Performance in A Rising Rate Environment – Ryan Hayhurst, The Baker Group
With the Federal Reserve in the middle of its first tightening cycle in more than a decade, finding a balance between interest rate risk, liquidity and performance has never been more critical. You can improve your liquidity position by holding a lot of cash, but performance suffers. You can increase performance with long term fixed rate assets, but you may have to take on significant IRR to get there. Managing any one of these issues in isolation is easy but managing all three simultaneously is a challenge that all community banks must face. This session will explore the unique relationship between IRR, liquidity and performance and give you specific ideas about how to manage all three simultaneously. Case studies will be used to develop a Dynamic Liquidity Risk Management process and to present recommendations about how to improve investment portfolio performance while also managing IRR. Attendees will see bank-specific data and analysis that will include a peer group comparison, non-maturity deposit analysis, surge balance study and a Liquidity Stress Test. If desired, these analyses will be provided to each attendee after the session.
Topics will include:
- Community bank trends and the potential impact of rising rates and a flatter yield curve on 2018 earnings
- What the highest performing banks do well to stay on top while still managing their risk profile
- ALCO best practices for complying with the heightened regulatory scrutiny on interest rate and liquidity risk management
- Strategies to more effectively manage liquidity without sacrificing performance
- Managing extension risk and price volatility in the bond portfolio with effective security selection
Registration Fee (This fee includes materials, lunch, and refreshments)
||$295.00 for first person
$275 for 2nd registrant from same bank
|Qualified non-member bank:
Note: You will be given the option to pay by credit card or to invoice your company during the checkout process.
Dates & Times
September 10, 2018
Check in: 8:30 AM
Program: 9:00 AM - 4:00 PM
2800 American Boulevard West
Bloomington, MN 55431
Click here for directions
The MBA reserves the right to cancel programs due to insufficient enrollment, instructor illness, or other reasons. Participants wishing to cancel must inform the MBA in writing prior to the event. Send cancellation notices to email@example.com. A cancellation fee of 25% of the program cost will be charged for withdrawing, or you may send a substitute. The full program fee will be charged for withdrawing after the event has taken place or a no-show.
Employees of qualified non-member banks are encouraged to apply. Please call our office for further information.
If you have a disability that may affect your participation in this program - or any dietary issues - please send a statement regarding any special needs to firstname.lastname@example.org at least two weeks prior to the program. We will contact you to discuss accommodations.