The Daily Dividend: FMS Education

News, notes and insights from around the industry

AUGUST 7, 2019
FMS Webinar: The Changing Landscape of Liquidity
By Hilary Collins, Assistant Editor, Financial Managers Society

FMS Webinar: Strategic Implications of CECLLoan growth is outpacing deposit growth, loans are becoming a higher percentage of total assets, and wholesale funding levels are increasing. Undeniably, liquidity is under pressure – and regulators are taking notice. 

On Wednesday, August 21, join us for our latest webinar, “The Changing Landscape of Liquidity”. Joe Kennerson of Darling Consulting will address the changing liquidity landscape and what every financial institution should do to develop a “best practice” approach in liquidity management, utilizing real-life case studies to highlight strategies to increase margin while managing liquidity risk.

This webinar is complimentary for FMS members. (Not a member? Join today!)

AUGUST 5, 2019
Jersey Shore: East Coast Regional Conference Edition
By Hilary Collins, Assistant Editor, Financial Managers Society

Do you like your tropical cocktail with a side order of education? If so, join the New York/New Jersey chapter and hundreds of your peers at the Jersey Shore on September 8-10 for the East Coast Regional Conference. Get up to 13 hours of CPE, meet colleagues from other community institutions and enjoy some sun, surf and yes, even a tiki bar.

What better way to close out the summer than with some seaside professional development? Even better, attendees can take advantage of a special room rate at the beautiful Ocean Place Resort and Spa (but only through August 7, so don’t wait!).

See you there!

JULY 29, 2019
FMS Virtual Education: Deep Dive Into Derivatives
By Mark Loehrke, Editor, Financial Managers Society

FMS Webinar: Strategic Implications of CECLThere are plenty of myths and misunderstandings surrounding derivatives among financial institutions. They’re too complex to consider. Our institution doesn’t really have a need for them. Even if we wanted to use them, the accounting is just way too complicated. 

If any of these statements sound familiar, and yet your institution would love to have another tool for managing its interest rate risk and asset duration, join us on Tuesday and Wednesday, August 6-7 for a Deep Dive Into Derivatives, an intensive virtual education presentation from Scott Hildenbrand and the Balance Sheet Strategy Team at Sandler O’Neill + Partners. During this two-part session, Scott and his team will discuss the basics of swaps, caps and floors, provide a better understanding of wholesale funding strategies, explore advanced hedging applications and discuss recent hedge accounting changes that have made derivatives a much more reasonable possibility for institutions.

JULY 19, 2019
Join Us in Jersey
By Hilary Collins, Specialist, Publications and Research, Financial Managers Society

As summer hits its peak, make plans to travel to the coast for the East Coast Regional Conference on September 8-10 on the Jersey Shore. Hosted by the New York/New Jersey Chapter, this event will feature educational sessions on topics such as stepping up your cybersecurity management, innovation in the banking industry, and deposit trends.

But it won’t all be educational – attendees will enjoy a welcome bonfire, a tiki bar, and the beautiful views at the Ocean Place Resort and Spa in Long Branch, New Jersey. If you want to earn CPE, network with your peers, and learn from industry experts all while enjoying the salt spray, register now!

JULY 11, 2019
FMS Webinar: Demystifying the World of Occupational Fraud
By Mark Loehrke, Editor, Financial Managers Society

FMS Webinar: Strategic Implications of CECLFraud detection and prevention isn’t solely a management or IT responsibility anymore. As the potential for fraud has grown in recent years – and occupational fraud in particular – so too has the need for organizations to treat the threat with an all-hands-on-deck approach.      

On Thursday, July 18, learn more about one of the most prevalent schemes facing institutions these days as Nancy Wu of SkyStem breaks down the ACFE’s biennial Report to the Nations to outline the cost and methods of occupational fraud and provide recommendations for how your institution can be better prepared in her live FMS session Demystifying the World of Occupational Fraud

As always, this webinar is complimentary for FMS members. (Not a member? Join today!)

JULY 2, 2019
From Boston to Scottsdale
By Mark Loehrke, Editor, Financial Managers Society

From Boston to ScottsdaleOne week ago, we wrapped up yet another successful FMS Forum, once again providing hundreds of finance and accounting professionals with three big days of timely education sessions, valuable networking opportunities and plenty of good times.

Many attendees opted to get in a little sightseeing before things got underway in earnest, fanning out on Sunday morning to take in the history of Boston on a duck boat or Fenway Park tour. Then it was back to the Westin Boston Waterfront Hotel for a program featuring breakout sessions on everything from cybersecurity and profitability to CECL and balance sheet management with some of the brightest minds in the industry, a variety of networking receptions, a comprehensive regulatory and accounting update and much more. Along the way, we also recognized some of our outstanding chapters and members with FMS awards, feted incoming FMS chairman Mike Guglielmo and welcomed several new Board members.          

But even as we bid farewell to Boston, we’re already looking ahead to a trip out west for next year’s big event, as the FMS Forum 2020 alights upon the amazing Scottsdale Princess resort in sunny Scottsdale, Arizona. So be sure to make plans to join us for what promises to be another fantastic Forum!

JUNE 26, 2019
FMS Webinar: Turn Your ALCO into a Profit Center
By Mark Loehrke, Editor, Financial Managers Society

FMS Webinar: Strategic Implications of CECLHave ALCO discussions in your institution splintered out into smaller silos that end up making important decisions without the input of others and without all of the critical information they need? 

If your bank or credit union is already in this situation – or looks to be in danger of heading in this direction – it’s time to do something about it before ALCO dysfunction becomes the norm. So join FMS on Wednesday, July 10, as Mark Haberland of Darling Consulting Group explains how to promote a more collaborative culture in his live webinar session, Break Down the Silos: Turn Your ALCO into a Profit Center Through a Collaborative Focus.

As always, this webinar is complimentary for FMS members. (Not a member? Join today!)



Mark Loehrke
Editor and Director, Publications and Research

Danielle Holland

Hilary Collins
Specialist, Publications and Research