WEBINAR: Taking a Pulse With Financial Institutions

WEBINAR: Taking a Pulse With Financial Institutions

Tuesday, June 23, 2020

Taking a Pulse with Financial Institutions: 2020 Profitability Strategies


With the advent of COVID-19 and the resulting economic downturn and uncertainty, accurately identifying your profitability drivers is critical. It is imperative to understand how your customers, relationships, branches, channels, officers and products contribute to the bottom line. Finance leaders concur. In joint research recently conducted by Kaufman Hall and FMS, 87% of financial institutions said they should to do more to leverage profitability analysis to inform strategic decisions. Join FMS and finance leaders from Umpqua Bank, Baxter Credit Union, and First Midwest Bank, and finance experts from Kaufman Hall, for a panel discussion of our research results?and learn how today’s profitability management has changed in the face of COVID-19 and the current economic environment.


Brett Engel
Director of Finance and Credit Risk, Baxter Credit Union

Brett Engel currently serves as Director of Finance and Credit Risk Management at Baxter Credit Union, a $4.1 billion credit union headquartered in Vernon Hills, Illinois. Brett has a bachelor’s degree in Finance from the University of Illinois and Urbana-Champaign and earned an MBA from The University of Chicago Booth School of Business with concentrations in Finance, Econometrics and Statistics.

Daniel Groom

SVP - Financial Planning and Analysis Director, Umpqua Bank
Daniel Groom has been with Umpqua Bank since 2006, serving the Company through a variety of roles. Currently Daniel serves as Senior Vice President/Director of the Financial Planning & Analysis, primarily focused on internal reporting, budgeting, forecasting, profitability/pricing, and supporting the Capital Planning and Accounting/Treasury departments. Prior to his current role, Daniel served as the Assistant Controller of Reporting & Policy, in charge of SEC and regulatory reporting. Since joining the Company, Umpqua Bank has grown from approximately $5.5 billion to over $29 billion.

Dennis Powers
VP - Manager Financial Profitability and Pricing Systems, First Midwest Bank

Dennis Powers is Vice President and Manager of Profitability and Pricing Systems for First Midwest Bank. Serving in this role for the past four years, Dennis leverages multiple software platforms to build relationship profitability awareness and help lenders deepen relationships at his institution. Prior to First Midwest, Dennis spent 16 years at Bank of America in lending and leadership roles. Dennis is a Certified Public Accountant, and holds a Bachelor’s degree in Accounting from Illinois State University.

Bryan Ridgway

Senior Solutions Engineer - Financial Institutions, Kaufman Hall

Bryan Ridgway is a Senior Solutions Engineer within Kaufman Hall’s Axiom Software Financial Institutions practice. In this role he assists clients and prospects in understanding how the Axiom solutions can help analyze and improve their overall financial performance. In addition, he provides industry thought leadership through the creation and delivery of articles, webinars and conference speaking engagements.

Bryan has twenty-five (25) years of experience in the financial risk and performance management areas within the banking industry. Prior to joining the Axiom team, he was the Director of Product Management for the financial risk and performance management solutions at Fiserv, where he was responsible for leading overall business strategy in this area, including the development of funds transfer pricing, budgeting and planning, and asset liability management solutions.

Jeff Truitt

Industry Practice Lead, Kaufman Hall
Jeff Truitt is a Practice Lead on the FI Professional Services team at Kaufman Hall. He leads a team of consultants who implement profitability and relationship pricing software as well as provide best practice for the financial services industry. Jeff has over 10 years of finance, software, and technology experience, spending the last 3 years as a Profitability Analyst for a credit union in Illinois, with prior experience at a software start-up company and communication technology firms.

Jeff holds an Executive M.B.A. from the University of Illinois at Urbana-Champaign, and a Bachelors degree in Finance and Entrepreneurship from The University of Kansas.

Registration to the live session includes:

  • One online connection
  • CPE credit for registrant
  • Permission to reproduce the handouts and other written material for additional attendees at your location

Only registered attendees of the live session can obtain CPE credit. Attendees of FMS live webinars also receive two views of the On-Demand version of the program they attend. Use this bonus feature to share the program with colleagues or as a refresher at a later date. Instructions for viewing the on-demand session will be emailed to you at the conclusion of the live event.

Credit Hours

Earn up to 1 hours of CPE credit.
  • Level: Basic
  • Prerequisites: None
  • Advance preparation: None
  • Field of Study: Management Services - Technical
  • Instructional Method: Group Internet Based
  • Length: 60 minutes

For more information regarding administrative policies such as concerns or refunds, call 800-ASK-4FMS (800-275-4367). FMS is registered with the National Association of State Boards of Accountancy as a sponsor of continuing professional education on the National Registry of CPE Sponsors. State boards of accountancy have final authority on the acceptance of individual courses. Complaints regarding sponsors may be addressed to: The National Registry of CPE Sponsors, 150 Fourth Avenue, North, Suite 700, Nashville, TN 37219-2417 Web: www.nasba.org.

Registration Rate
Members and Non-members sign in or create an account below to register.

Non-members: $295

6/23/2020 2:00 PM - 6/23/2020 3:00 PM
United States

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