The Daily Dividend: FMS Education

News, notes and insights from around the industry

SEPTEMBER 26, 2017
Now on FMStv: A Strategic ALCO
By Mark Loehrke, Editor, Financial Managers Society

a strategic alcoIn a recent Quick Poll, we asked FMS members who participates in their ALCO meetings. The next question to ask, though, is what happens once those folks all come to the table.   

That’s the focus of the latest episode of FMStv, as Mark Haberland and several of his colleagues from Darling Consulting Group discuss the difference between institutions that treat ALCO as a compliance exercise focused solely on risk and those that prefer to see those meetings as proactive, strategic decision-making sessions.   

Check out this new episode and all of the other great content on FMStv!
SEPTEMBER 18, 2017
Mark Your Calendar: CFO Roundtable
By Hilary Collins, Assistant, Publications and Research, Financial Managers Society
cfo roundtableThe days of straight number-crunching are over. Today’s CFOs are seeing their role evolving and growing more complex as they’re called upon more and more to address high-level strategic issues within their institutions. 

The CFO Roundtable is an exclusive event designed to bring together CFOs from community banks, credit unions and thrifts to discuss the growing challenges of their ever-changing position. Hosted by FMS and Plante Moran on November 8 and 9 in Chicago, this innovative program will cover topics ranging from digital finance to best practices for Board communications to information technology and more, and will provide time for an open discussion of the topics of the moment. 

Space is limited, so don’t miss this opportunity to engage with your peers in a unique format – register today!
SEPTEMBER 12, 2017
FMS Webinar: Build Customer Relationships with Digital Banking
By Hilary Collins, Assistant, Publications and Research, Financial Managers Society

fms webinarNow that technology has changed how your customers interact with the world, how should your institution change to better interact with your customers? 

After all, it can be overwhelming just trying to keep up with the steady stream of new products and services, much less deciding what’s right for your institution – because it’s not just about getting the latest technological advances, but about strengthening relationships with your customers.

Get a road map to digital strategy on Tuesday, September 26, with “Build Customer Relationships with Digital Banking,” as Christina Churchill of RSM offers practical advice and insights to guide your institution into the future.

This webinar is complimentary for FMS members, so be sure to reserve your spot. (Not a member? Join today!)  
Now on FMStv: Strategic Risk Management
By Mark Loehrke, Editor, Financial Managers Society

fmstv strategic risk managementFall has traditionally been the time of year when the television networks roll out their high-profile new programming, and things are no different here at FMS.

In our latest episode of FMStv, veteran industry consultant Dave Koch from Farin Financial Risk Management breaks down a topic that’s near and dear to every community bank and credit union – risk. Dave explains why taking a strategic perspective and viewing risk as an opportunity, rather than something to be avoided, can be a better long-term approach for community institutions.

Check out this new episode and all of the other great content on FMStv!         
AUGUST 24, 2017
Chapter Happenings
By Autumn Wolfer, Director, Marketing and Membership, Financial Managers Society

chapter happeningsWhile those solar glasses you bought off of eBay for a 300% markup may not have much use now that the eclipse is over, that map of the United States you used to track the path of totality may yet come in handy as you chart the path of education and socialization being laid out by the FMS chapters this fall.

On August 30, the Wisconsin Chapter takes it out to the ballgame with an end-of-summer tailgate party and networking event for the Milwaukee Brewers-St. Louis Cardinals game at Miller Park.   

On September 17-19, the Maryland Chapter hosts one of the premier events of the fall season, as the East Coast Regional Conference in Bethesda features two and a half big days of industry speakers, peer networking and fun social activities.

On September 26, the Boston Chapter presents a dinner session on strategic planning in Waltham with David Sidon of the Navis Group. A few weeks later on October 18, Boston hosts its full-day Finance and Accounting Conference in Marlborough. 

On October 11, the Philadelphia Chapter holds its October Dinner Meeting in King of Prussia, featuring a panel discussion on improving profitability. 

Finally, the New York/New Jersey Chapter checks in with a Mini-Session and Dinner Meeting in Hackensack on October 18 and its Central New Jersey Breakfast Meeting on October 24 in Freehold.    
Be sure to stay up to date with all of the chapter events unfolding across the country by checking the FMS Education Calendar often. And if you don’t see a chapter in your neck of the woods, get in touch to find out how you can start one of your own!

AUGUST 17, 2017
Must-See FMStv: CECL
By Mark Loehrke, Editor, Financial Managers Society

Must-See FMStv: CECLThe thought behind our recent launch of CECL Central was simple – as community institutions continue to gear up for the coming credit loss standard, the more information they have regarding preparations, considerations and requirements, the better.

This is the same philosophy that inspired the latest episode of FMStv. In Where to Begin: Calculating a CECL Allowance, Ryan Abdoo and the team at Plante Moran discuss the importance of:

Creating an implementation timeline
Choosing a technology model
Determining segments and classes
Gathering data     

Whether your institution is well on its way in terms of CECL planning or just getting underway and wondering where to start, this video primer is a quick and convenient outline of what to consider as you move forward.

AUGUST 16, 2017
School is Always in Session
By Hilary Collins, Assistant, Publications and Research, Financial Managers Society

While out shopping for school supplies for the kids this month, be sure to pick up some pencils and paper for yourself. 

You probably know that as an FMS member, you have access to cutting-edge thought leadership from industry professionals in the form of white papers, Perspectives articles and webinars. But did you know that you can catch up with any of those webinar presentations you may have missed with our convenient on-demand webinars?

Curious about IRR modeling? Want to be a better leader? Looking to get a firmer grasp on CECL? Dive into these topics and more – whenever and wherever your schedule allows. 

Of course, just like our live offerings, these recorded sessions are complimentary to FMS members. (Not a member? Join today!)


Mark Loehrke
Editor and Director, Publications and Research

Danielle Holland

Autumn Wolfer
Director, Membership and Marketing

Hilary Collins
Assistant, Publications and Research