Community Banks: Traversing the Road to Success
October 30 – November 1, 2022
SUNDAY, October 30, 2022
4:00 to 5:00pm – WSDE Foundation Board meeting – Greenway A
4:30 to 6:30pm – Registration – Herberger Foyer West
6:00 to 8:00pm – Welcome Reception – Northern Sky Terrace
Join your colleagues and meet new friends to connect and catch-up! Convening outside on the terrace, enjoy the arid Arizona air, the breathtaking Kierland views while enjoying an abundant assortment of hors d’oeuvres and cocktails. Spanish guitar duo, the Sahnas Brothers return to provide us with enjoyable and fun background music!
MONDAY, October 31, 2022
7:00am to 3:30pm – Registration and Meeting Planner Station – Herberger Foyer West
7:00 to 8:15am – Breakfast – Northern Sky Terrace
8:30am to 3:30pm – General Session – Herberger 3AB
8:30am – Welcome
Bruce Hellbaum, Chairman of the Board, Western States Director Education Foundation
President and CEO of RNB/Front Range State Bank, Longmont, CO
Moderator
Christopher (Chris) Moya, Board Member, Western States Director Education Foundation
President and CEO of Independent Community Bankers Association of New Mexico, Farmington, NM
8:45 to 10:00am – 2023 Inflation and Interest Rate Outlook: Inflation or Recession. The Fed has a choice to make.
Dimitri N. Delis, Ph.D., Managing Director, Chief Portfolio Strategist
Piper Sandler, Chicago, IL
Monetary and fiscal policies to combat COVID19 along with supply chain disruptions have ushered the highest inflation level in 30 years. The job of restraining inflation while avoiding a recession remains to be seen, but the current inverted yield curves suggest the Fed may be getting closer to tipping the economy over the edge. Details will be given as to why the current economic backdrop does not present an inflationary threat similar to that in the 1970s. Also, a historical framework for understanding when, how and why the current inverted yield curve will lead to the next recession will be provided.
10:00 to 10:20am – break
10:20 to 11:45am– Fintech Panel: Digital Assets Emergence and Innovation
Moderator – Anne Benigsen, CISSP
SVP & CI(S)O, Bankers’ Bank of the West, Denver, CO
President, CivITas Bank Solutions
Panelists:
Albert Forkner, CEO, Fortress Trust
Copper France, President and CEO, Bank of Commerce, Rawlins, WY
Sultan Meghji, Scholar, Professor and former Chief Innovation Officer at FDIC
Fintech’s expansion is accelerating strong and focused. With the number of products, the fluctuation of cryptocurrency, strong advertising in the public sector and the risks involved it can be challenging to keep up and make informed decisions. Hear from experts in the field on how community banks can embrace the opportunities to innovate using this technology while supporting their customers and expanding their bottom line.
11:45am to 1:00pm – Lunch – Northern Sky Terrace
1:00 to 2:00pm – Successfully Serving a Community: Capital Planning to Build a Stronger Community Bank
Christian Otteson, Director, Otteson Shapiro, Denver, CO
Adam Fiedor, Managing Director, GLC Advisors & Co., LLC, Denver, CO
With several years of continued balance sheet growth and a strong market for raising capital, many banks are more carefully evaluating their capital alternatives. Knowing what type of capital to raise, how to best raise it, and when to do it will be critical to the creation or dilution of shareholder value. Understanding cost of capital, regulatory capital thresholds and strategies for raising capital are critical for growing banks.
Join legal and financial experts to review the current capital markets conditions and alternatives, regulatory thresholds and perspectives on capital, and discuss best practices for capital planning.
2:00 to 2:15pm – break
2:15 to 3:30pm – Strategies for Succession Planning and Talent Management
Marcia Malzahn, President & Founder, Malzahn Strategic, Maple Grove, MN
Every company, regardless of industry, is trying to figure out how to attract and retain the right talent. Organizations are also striving to achieve their goals and fulfill their vision described in their strategic plan. But how do you achieve all—attracting and retaining talent while achieving your objectives and fulfilling your vision? Marcia Malzahn shares how community bank succession planning fits into your talent management program. She also gives you strategies and ideas on how to integrate your talent management program with your community bank’s strategic plan.
In this training session you will learn strategies to avoid losing your top talent, and how to establish a simple yet successful talent management program, which in turn integrates into your strategic plan. You will walk away with strategies and tactics you can implement in your institution immediately.
Learning Objectives:
- Learn about the key components of a strong talent management program
- How to conduct a talent assessment in your community bank
- A step-by-step process of how to integrate your talent management program into your strategic plan
- Strategies on how to retain your top talent and attract the right talent
- The importance of community bank succession planning and how to get started at all levels
TUESDAY
6:30 to 11:30am – Meeting Planner Station – Herberger Foyer West
6:30 to 7:45am – Breakfast – Northern Sky Terrace
8:00 to 11:30am – General Session – Herberger 3AB
8:00 to 9:00am – Industry Update from Washington – In Conversation
Kirsten Sutton, EVP of Congressional Relations and Legislative Affairs, American Bankers Association, Washington, DC and Bruce Hellbaum, Chairman of the Board, Western States Director Education Foundation
In conversation with Bruce, Kirsten will share timely updates from “the Hill” that affect community banking. The discussion will include a broad view of current events providing insight into the multilayered components of the industry that effect community bankers.
9:00 to 9:15am – break
9:15 to 10:15am – Digital Update: A Fed Perspective on CBDC, Cryptocurrency, and Stable Coins
Todd Mackey, Group Vice President, Financial Services Division, Federal Reserve Bank of Kansas City, Kansas City, MO
An overview and update on the latest news on cryptocurrency, stable coins, and central bank digital currency (CDBC). What is the latest on Federal Reserve activity in this area? How does this impact the financial services industry and what should community banks be doing to prepare? Finally, what can we expect to see in the coming months and what key developments should we be on the lookout for.
10:15 to 10:30am– break
10:30 to 11:30am– Closing Keynote
Hurdling Adversity
John Register, Paralympic silver medalist, U.S. Army Combat Veteran, Certified Professional Keynote Speaker
Register was an elite world-class athlete and on his way to Officer Candidate School, when a training accident caused an above the knee amputation. This injury would cause many people to give up. Still, Register Hurdled the Adversity by amputating his fear and embracing his new reality. Through grit and determination, he went on to represent the United States at two-Paralympic Games, winning the silver medal in Sydney Australia.
The adversity we think we have overcome is only a past reminder that we have lived through a traumatic experience. That moment passed. We must embrace the new normal mindset, which is not a destination, but a plateau to grow. Hard times are going to come in our lives; how we control them is a direct reflection of our character. Whether you are struggling to renew confidence in your sales team or implement effective inclusion programs, John Register delivers solutions for business teams to reach the medal podium.
Agenda subject to change