A Community Bank Director Advisor Issue #52 - October 2011  

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WIB’s newest Endorsed Program from EBS! Finance existing employee benefits and informally fund new or existing nonqualified executive benefit plans with Bank-Owned Life Insurance (BOLI). Utilize BOLI to finance existing employee benefits, as well as to informally fund new or existing nonqualified executive benefit plans. Join our informational webinar on November 1. Click here to learn more.


Hot Director Education Programs

WIB has an extensive array of quality education programs for bank directors planned, including those listed below. Don't miss out! Check wib.org for updates to our directors' offerings throughout the year.

Tomorrow’s Forecast: Cloud Delivers Efficiency, Agility & Bottom Line Savings - October 27 – Webinar

Increasing Your Net Interest Margin While Red - Nov. 1 – Complimentary Webinar

Annual Directors Conference - November 10-12 - Omni Hotel, San Diego

Annual Conference for Bank Presidents, Senior Officers & Directors - March 31-April 4, 2012 – Hyatt Regency at Gainey Ranch, Scottsdale, AZ


How does your bank’s compensation stack up? The Moss Adams & WIB 2011 Community Bank Compensation Survey has been completed. The results provide banking professionals with crucial information and is an invaluable guide for professionals in business planning. WIB members who participated in the survey will receive the results at no charge. Click here to request or order the survey.

Are You Helping to Keep Your Bank on the Pathway to Growth & Profitability?

Have you registered yet for the Annual Directors Conference in San Diego on November 10-12? Still not convinced that this conference is for you? Consider these reasons you must attend:

  • It’s expected that directors set a risk profile that meets regulatory expectations.
  • Business models are changing, and your board needs to be setting the path.

  • Your liability as a director is greater than ever, learn what you need to know.

  • Profitability is coming from surprising places – make sure you’re up-to-speed.
  • See how a bank successfully recapitalized itself and avoided being closed by the regulators.

  • Get a personalized bank risk profile and bank analysis.

Still want more? Check out the complete program, including information on our General Sessions and Learning Sessions. Plus you have the opportunity to sign up for an individual One-on-One Consultations with J. George Doerr, Deputy Regional Director of the FDIC – San Francisco. Register today - don’t miss out!

Managing Compliance Risk
Jeremy D. Taylor, AuditOne LLC

Compliance risk has become a minefield. Directors cannot be expected to know every provision of every applicable regulation. Rather, it’s the critical components of the compliance management program they should worry about. Get those right and the risks become containable.  <read more>

Software and Data Vendor Contracts Should Be a Board Issue
Daniel F. Wheeler, Buchalter Nemer

Many community bank directors do not oversee the process of entering into large vendor contracts, particularly those involving core systems, data processing, software development and similar big dollar or long-term contracts. This is unfortunate because these contracts commonly involve millions in fees and always directly affect the bank’s core operations. This article lists the 10 most common problems with these contracts and how to avoid them.  <read more>

Survival Plan for Community Banks
Stephen Clinton, Young & Associates, Inc.

We recently spoke to a banking trade group on the topic of developing a survival plan. The topic of survival is important as we acknowledge that over 10,000 banks no longer exist that were around in 1990. We suggested that the survival plan should include a focus on five areas.  <read more>

Western Independent Banker Magazine Spotlight
Successful Business Model Transformation in the Community Banking Industry
Gordon La Haye, SPW Capital Partners

Little needs to be said here about the problems of the community banking industry as it faces its future. The need for asset growth, improved profitability, portfolio diversification, and increased capability to compete with larger in-market banks are issues well known to the readers of this publication. The issues are clear, but identification of solutions to them within the existing industry business model has not progressed to the same point. The purpose of this article is to suggest a solution which, if well executed, can have a positive impact on a variety of industry challenges.  <read more>

Take advantage of another valuable resource from WIB - the WIB Article Archives! You'll find a variety of articles on important topics.

Click here to explore the WIB Article Archives

Click here to view an electronic version of the latest issue