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Emerging Leaders Day with the Regulators
The ABA Emerging Leaders Section hosted its second “Day with the Regulators” on Thursday, November 16, at the Federal Reserve in Little Rock. Coordinated by the ABA to promote a greater understanding of the inner-workings of the regulatory process, this event brought together representation from the Arkansas State Bank Department, FDIC, Comptroller of the Currency, and the Federal Reserve Bank of St. Louis. ABA’s Government Relations Division is here to assure banker advocacy and grassroots efforts are a success! For more information about this event, or any other questions you may have about advocacy, contact Ava Roberts at ava.roberts@arkbankers.org or 501-978-3606.
Robert Hopkins, Senior Vice President and Regional Executive of the Little Rock Branch of the Federal Reserve Bank of St. Louis introduces attendees to the agency.
Attending the 2017 Day with the Regulators were, from left, Bryce Larry, Legacy National Bank, Rogers; Katie Branscum, Mitchell Williams, Little Rock; Kyle Schlenker, First National Bank of Wynne, Wynne; Nicole Lovell, Mitchell Williams, Little Rock; Brock Ferguson, Centennial Bank, Jonesboro; Ryan Moore, Centennial Bank, Jonesboro; John Thomas Anderson, Malvern National Bank, Little Rock; Doug Buford, Mitchell Williams, Little Rock; Caleb Petersen, Simmons Bank, Pine Bluff; Hunter Windle, Malvern National Bank, Malvern; J.D. Chambliss, First Security Bank, Rogers; and Eduardo Abril, First State Bank of DeQueen, DeQueen.
Ron Sisneros of the Little Rock Branch of the St. Louis Federal Reserve, Chris Mercier of the OCC, and Joe Meade of the FDIC, during an Examiner panel discussion.
Banker’s Perspective An Investment that Pays Dividends: ELS Day with the Regulators Recently I had the opportunity to spend a day with the regulators. And no; in case anyone is wondering it was not because a good loan I made somehow went bad! Rather, this was an opportunity for me to invest a small amount of my time that will pay dividends throughout the rest of my banking career. The event was held on November 16 at the Federal Reserve office in Little Rock. Thankfully however, if you were unable to attend this event there will be additional opportunities in the future as this has now become a biannual event. During the course of the time spent at this meeting I was able to hear directly from regulators with the Federal Reserve, FDIC, OCC, and the Arkansas State Banking Department. Not only was I able to spend time listening to each of the regulators — most of whom I should point out have 30 plus years of experience — but I was able to speak directly with each of them and ask as many questions as desired. The topics ranged from how the agencies collaborate together with dual oversight and joint audits, to current events that will impact banking in the near and distant future. Items such as what impact a new Fed Chair will have on banking, the addition of the CFPB to the regulatory landscape, as well as other specific components of Dodd-Frank. We even discussed the role of regulation and how it is impacting the bank and bank holding company organizational structure. And speaking of structure, the meeting itself was organized into three parts including a Director Talk, Examiner Panel, and a Keynote Speaker. All of which were very informative and provided an opportunity for Q&A opportunities. Every one of the examiners who spoke was very knowledgeable and provided helpful information to the bankers in attendance. Additionally the event provided a networking opportunity to meet other bankers. There truly are no reasons not to take advantage of this opportunity offered by the ABA. The event itself only took a few hours of my time, but I left with a much better understanding of the impact regulators have on our Arkansas banks, how technology has changed our interaction with regulators, and common pitfalls to avoid in my banking career. As an Emerging Leaders Council member, I highly encourage all bankers — those who are just starting in banking and those who are seasoned veterans — to attend these events in the future. It truly will pay dividends in the long run. The next Day with the Regulators is slated for 2019.
Arkansas Bank Commissioner Candace Franks, Rosalyn Anthony of the OCC, and Joe Meade of the FDIC, during a “Meet the Directors” panel discussion. Ryan Moore VP of Commercial Lending Centennail Bank, Jonesboro
