The Directors’ College is a one-day seminar designed with outside bank directors in mind. The presentations will be delivered by a group of experienced FDIC speakers and subject matter experts, and will include timely information on various issues relevant to all bank directors.
This year’s theme is “Looking Ahead” and will include the following sessions:
Asset-Liability Committee (ALCO) Oversight
This session will focus on recent capital market trends and associated implications for community banks. The presentation will focus on the ALCO’s role in overseeing the associated risks, provide thought-provoking questions for strategic decision-making, and include an exercise with an example of practical application.
Compliance and Anti-Money Laundering (AML) / Countering the Financing of Terrorism (CFT) - Risk Assessing and Updates
The risk assessment process is a foundational component of the Compliance Management System and AML/CFT Program. This session will discuss the Board’s responsibility in overseeing the risk assessment process by providing several practical examples. Additionally, the session will provide updates regarding Flood Risk Rating 2.0 and the Anti-Money Laundering Act of 2020.
Third-Party Oversight and Risk Management
This session will discuss the risks associated with third-party engagements, and how effective risk management and governance frameworks can aid in mitigating the risk. The session will also include practical examples of common third-party weaknesses.
Capstone Case Study
Third-party partnerships provide opportunities for banks to leverage external expertise, scale, and technologies to, in part, supplement revenue and growth. Increasingly, directorates are facing difficult strategic decisions with respect to these opportunities as the industry continues to evolve. This interactive case study will present a proposal to engage with a third-party and will include a discussion of corporate governance and strategic implications utilizing lessons learned from prior breakout sessions.
Conversation with the Regulators
This session will provide an informal setting for participants to hear what is on regulators’ minds and to share experience and insights as a community bank board member. Members of the FDIC regional management team will highlight emerging issues, answer participant questions, and discuss topics raised by participants. The session structure will include prepared remarks, as well as an open forum for questions and discussion.
Economic and Banking Update
This session will provide national and local economic data to assist attendees in identifying key trends that have impacted and may continue to impact the industry.
Locations, Dates, and Registration
Registration is required for the program through the respective trade association websites. A list of dates and locations is included below. Please click on the hyperlinks for registration, venue, and contact information.
|September 21, 2022||Connecticut Bankers Association||Sheraton Hartford South Hotel|
|September 23, 2022||Delaware Bankers Association||Hyatt Place - Dewey Beach|
|October 3, 2022||Massachusetts Bankers Association||Courtyard Marlborough|
|October 13, 2022||New Jersey Bankers / Independent Bankers Association of New York State||Virtual|
|October 21, 2022||Maine Bankers Association||Augusta Civic Center|
|October 26, 2022||Pennsylvania Association of Community Bankers||Hilton Garden Inn - Pittsburgh/Southpointe|
|November 10, 2022||Pennsylvania Bankers Association||Hershey Country Club|
|November 16, 2022||Maryland Bankers Association||Westin Annapolis Hotel|
Additionally, we will offer a virtual-only Guidance for New Directors session through Microsoft Teams. This session will take place on October 27, 2022, and can be accessed directly through the link included below.
Guidance for New Directors
This session will focus on fundamental board governance issues and is designed for Directors with less than five years’ experience. In addition to discussing participant questions, the session will cover Directors’ roles and responsibilities, the examination process, and effective strategies to monitor bank performance.
October 27, 2022: 11:00 am-12:30 pm
Microsoft Teams meeting
Join on your computer or mobile app
Click here to join the meeting