The Daily Dividend: FMS Education

News, notes and insights from around the industry

JANUARY 16, 2018
FMS Webinar: ALM for the Board of Directors
By Mark Loehrke, Editor, Financial Managers Society

FMS Webinar: ALM for the Board of DirectorsWith so much happening in the economy in general and the banking industry in particular, gone are the days when a board member could get by with little or no knowledge of the nuts and bolts of how his or her institution actually operates (if those days ever actually existed).  

Jim Clarke knows what it’s like to sit on a bank board, and in his FMS webinar ALM for the Board of Directorson Tuesday, January 23, he’ll provide an overview of what board members need to know about the ALM processes of the institutions under their governance – from interest rate risk management to deposit strategies.

 

This webinar is one week from today and is complimentary for FMS members, so be sure to reserve your spot now. (Not a member? Join today!)
 

JANUARY 9, 2018
FMStv: FASB Standard Defines PBE
By Hilary Collins, Specialist, Publications and Research, Financial Managers Society

FMStv: FASB Standard Defines PBEAlthough the FASB’s accounting standards update defines what constitutes a public business entity in only 209 words, its brevity does not necessarily equate with simplicity. And given the many important decisions that can pivot on this determination, it’s crucial to understand whether or not your institution meets the definition of a PBE.

In the latest episode of FMStv, “FASB Standard to Define Public Business Entity: It’s Not Just SEC Registrants”, Sydney Garmong, a partner at Crowe Horwath, shares the factors to look for to know if your organization qualifies as a PBE, and how that status can affect you going forward – from later effective dates if you are a PBE to practical expedients if you’re not.

 

While you’re checking out this episode, be sure to catch up on the rest of the FMStv library for insights into topics including strategic risk management and non-maturity deposits.
 

JANUARY 4, 2018
FMS Webinar: Strategic Implications of CECL
By Hilary Collins, Specialist, Publications and Research, Financial Managers Society

FMS Webinar: Strategic Implications of CECLAt a time when the ongoing regulatory burden continues to present a major challenge for institutions, who couldn’t benefit from a look at the bigger picture?

For example, it’s easy to think of CECL as simply a compliance exercise and fail to place it within the context of the institution’s broader strategic goals and initiatives. But in his live FMS webinar “Strategic Implications of CECL: Maximizing Shareholder Value” on Thursday, January 11, Adam Mustafa of Invictus Group will share ways that CECL implementation can bring value to shareholders and give your organization a competitive edge in today’s crowded marketplace.

 

This webinar is complimentary for FMS members, so be sure to reserve your spot now. (Not a member? Join today!)
 

DECEMBER 13, 2017
Bargain Hunting
By Mark Loehrke, Editor, Financial Managers Society

Bargain HuntingEverybody loves a great deal – especially at this time of year.

That’s why amid the seasonal onslaught of free shipping offers and buy one/get one free come-ons this month, you should be sure to take advantage of the opportunity to save $300 with our Super Saver Rate for the FMS-AMIfs Annual Conference.   

This outstanding event unfolding in Tempe, Arizona in April features a pre-conference workshop, keynote and general sessions and breakout sessions that will give management accounting, risk and profitability professionals the tools and strategies they need to help their institutions grow, be more profitable and have better control over risk.

But the Super Saver Rate is only available until January 5, 2018, so don’t wait – register today

 

NOVEMBER 29, 2017
FMS Webinar: Finance Revolution
By Hilary Collins, Assistant, Publications and Research, Financial Managers Society

fms webinarOur latest FMS Research report surveyed 400 leaders at community institutions and found that 73% considered technological innovation vital to the growth of their business—in fact, it beat out every other factor, including growing loan portfolios and the talent search. This kind of dramatic figure comes as no surprise in an age when technology is a major driver of change in the industry.

To learn how to effectively harness the power of technology to improve decision making, streamline processes, and optimize internal controls, join us for Finance Revolution: Tech Map for Tomorrow’s CFO on Tuesday, December 12. Christina Churchill of RSM will show how even the smallest changes in your technological approach can have big effects for your institution.

This webinar is complimentary for FMS members, so be sure to reserve your spot now. (Not a member? Join today!)  
 
NOVEMBER 15, 2017
FMS Webinar: How to Implement CECL Using Excel
By Mark Loehrke, Editor, Financial Managers Society

fms webinarIt’s probably safe to say that as most folks gather around their holiday tables this Thanksgiving, FASB’s Current Expected Credit Loss standard (CECL) is unlikely to make the short list of things for which to be grateful.  

A lack of enthusiasm for CECL won’t stop it from coming, however, which is why FMS is inviting you to a post-holiday feast of practical advice and guidance in our upcoming webinar, How to Implement CECL Using Excel. Join Ryan Abdoo of Plante Moran on November 28th to learn how to get past the discussion phase in your institution and start looking at potential Excel-based options for actual implementation.  

As always, this webinar is complimentary for FMS members, so be sure to reserve your spot now. (Not a member? Join today!)  
 
NOVEMBER 1, 2017
FMS Webinar: Year-End Strategies for 2018
By Hilary Collins, Assistant, Publications and Research, Financial Managers Society

fms webinarWith Halloween passed and the holiday season now officially bearing down, it’s clear that 2018 will be here before you know it – and it’s never too soon to start getting ready.

Set yourself up for success in the New Year with our upcoming webinar, “Year-End Planning Strategies for 2018” on Wednesday, November 15, as Marc Gall of BOK Financial Institutional Advisors takes a look at the economic environment and shares strategies to help maximize profitability. You’ll walk away with a sense of what’s in store for 2018 and how to best prepare your institution to succeed.

As always, this webinar is complimentary for FMS members, so be sure to reserve your spot now. (Not a member? Join today!)  


Contributors


Mark Loehrke
Editor and Director, Publications and Research
Email: mloehrke@FMSinc.org 



Danielle Holland
President/CEO
Email: dholland@FMSinc.org 




Hilary Collins
Specialist, Publications and Research
Email: hcollins@FMSinc.org