Community Bankers of Washington is proud to bring you the never-to-be-missed event of the year for community bankers - CBW's Membership Convention & Trade Show. Enjoy an exciting and thought provoking program, high-quality entertainment, and prime opportunities to meet with leaders in the community banking industry.
Bank Director's Program - Pre-Convention Extra BUILDING A BETTER BOARD Philip Smith, Gerrish Smith Tuck 12:00 pm-3:45 pm, includes lunch $75 with convention registration $195 Director's Program only Board development from industry expert Philip Smith. Topics include
Director Legal Duties and Responsibilities
The Independence Question
Changing and Emerging Corporate Governance Issues
The Board’s Role in Strategic Planning
The Board’s Role in M&A
Fundamental Ways to Improve Meeting
5:30 PM Reception & Trade Show (Orca Ballroom 1) Kickoff the convention & trade show at this private reception for bankers & sponsors.
7:00-9:00 PM - Dinner & Trivia Night Who's the smartest? Who know the most random facts? Put your pride on the line and compete with your team (the people at your dinner table) to see who really is a know-it-all.
Thursday, September 15 General Session in Orca Ballroom 2
7:00 AM - Breakfast (Orca Ballroom 2)
8:00 ICBA - Your Voice in DC Sarah Getzlaff, CEO Security First Bank of North Dakota, ICBA Treasurer Sarah brings a banker's perspective on what is transpiring on Capitol Hill. CBW is proud to partner with ICBA to advocate for the community banking industry.
8:30 FDIC Update Kathy Moe, FDIC
9:15 Rapid Retention: 10 Reasons Employees Leave & What You Can Do About It Joey Spivey, Shazam There is no shortage of research exploring the most common factors that drive employees away from organizations. This action-oriented session synthesizes that research, and pairs each of the ten most common reasons employees are leaving with impactful recommendations to ensure your bank is attracting and retaining top talent.
10:00 Is Your ALCO Prepared for a Round Trip in the Fed Funds Rate? James Nowak, United Bankers Bank With forward looking economic models turning negative and the US yield curve inverting, ALCO discussions need to turn to falling interest rates. What makes that difficult to do is, the Fed is not done raising rates yet. Making the wrong choices today, could cost you earnings tomorrow
10:50-11:35 Breakout Sessions
Chinook 2 3 Top Trends in Community Banking: Retail Video Analytics, Secure Managed Services, and Serverless Nextgen Cloud. Scott Fieber, Cook Solutions Group
Learn how retail, marketing, operations, and compliance can leverage video analytics to better understand your customers.
Discover the advantage of Truly Managed Services, and how they maximize efficiencies while reducing operational costs.
Find ways that the Nextgen Cloud can consolidate and simplify your check imaging back end.
Chinook 3 - TBA
1:00 - TBA
1:45 Community Banking: A Bright New Outlook for an Old Industry Philip Smith, Gerrish Smith Tuck Let’s face it, community banking is, or at least seems like, an old industry. So, are community banks destined to fade into the sunset? Should we all simply find a larger bank to partner with and end our misery? No! There remains a bright outlook for community banks. This session will highlight the areas where community banks should focus to maintain organizational relevance, improve board governance, manage the current M&A market and be well-positioned for the bright and exciting future that community banks will hold in the financial services industry.
2:30 Fintech Showcase Moderator - Kristina Morris, ICBA Fintech contestants make their pitch to our panel of community bankers "sharks". Featured fintechs:
Accrue by Core10 - enables digital transformation for community banks, with digital lending, digital account opening for consumers and businesses, as well as integration-as-a-service for cores and other fintechs
Agent IQ - allows customers to engage with their bank like they engage with friends and family and enables banks to deepen relationships with each and every one of their customers.
DocFox workflow automation tool for digital or in-branch business account opening. It handles the business application, intelligent document analysis, and Bank Secrecy Act review for complex entities and related parties
LemonadeLXP LemonadeLXP digital adoption and learning experience platform that helps financial institutions and fintechs drive digital adoption, fluency and transformation.
Unifimoney turnkey digital wealth management solution for community banks
5:30-7:00 PM - Trade Show & Silent Auction Auction to benefit CBW Education Scholarship Fund - supporting education for community bankers.
7:00-8:00 PM - Dinner
8:00 PM - Dewayne Hill - America's Funniest Magician Comedy Magician Dewayne Hill performs all over the nation for Fortune 1000 companies, Conferences and corporate events. He has been featured on Food Network, The Travel Channel, ABC, NBC, Fox Sports Net. He will be featured in a film that will air on streaming platform in 2022 and has 2 TV shows in development. In 2021, Dewayne was voted Family Entertainer of the Year.
Friday, September 16 Chinook 2 & 3
8:00 CBW Annual Meeting
8:30 Advocacy Update Brad Tower, Phillips Burgess Government Relations
9:00 DFI Update Roberta Hollinshead, DFI
9:30 (invited) Roger Jones, Hauser Jones & Sas
10:30 Navigating a Volatile Environment: Trends & Strategies for Community Banks David Kantor, Stifel The environment in which Community Banks operated during the first few years of the pandemic has made a dramatic turn. As of year-end 2021, Bank balance sheets maintained extremely high levels of cash, with limited loan demand and a heavy reliance on securities portfolios. Today, management teams are concerned about having enough liquidity amidst higher loan demand, and are experiencing minimal portfolio runoff to reinvest into higher rates. In this section, we will examine these recent industry trends to set the stage for various strategies that can be implemented to help manage liquidity, interest rate risk, capital at risk, and earnings.