The resources found below will assist you and your directors with the education and training needed to address many of the issues and challenges facing you in today’s ever competitive, highly regulated and rapidly evolving banking industry. View Resources.
Succession Planning - Virtual Event - May 5-6
Michigan Department of Insurance and Financial Services (DIFS) along
with the Michigan Bankers Association (MBA) and the Community Bankers of
Michigan (CBM) have partnered to bring Michigan bank leaders together
for a free succession planning educational event. Industry leaders will
share their insights and experiences about the value of succession
planning, when to start the process of succession planning, how to start
the process for both board members and management, and the importance
of diversity, equity, and inclusion (DE&I) when hiring management
and bringing on new board members. The event will take place via Zoom May 5-6 and registration is now open!
The Directors Education Series - New Courses for Your Board
20-25 minutes in length (Perfect to show at your monthly board meeting!)
Starting at $185 per course
The Role of the Board – Risk Tolerance & Appetite
Too often the Board and management are not in line on what is an acceptable amount of risk. Does the Board want a "1" or "2" rating at their next Compliance Exam? Has the Board thought about the level of risk they are willing to accept, and have they articulated this to management? This program will help you understand the importance of this topic and how to begin these conversations.
Policies, Procedures, and Processes – What Does the Board Need to Do?
Your Board is responsible for everything that goes on in your institution. However, the Board hires management to carry out the day to day duties. Most institutions have more policies and procedures than are required. Additionally, most policies contain too many details and are actually ineffective. Policies are used by the Board to explain the "What" and the "Why". Procedures should then be developed by management to carry out the "Who, Where, When and How" of these policies. Complete this course to help you understand what policies are required and how much detail (or little) they should contain.
Federal Reserve Bank - Bank Director's Desktop
Ask the Fed -
Ask the Fed®, a free program covering the latest financial and
regulatory developments for bankers and their boards of directors. Ask
the Fed® consists of monthly conference call / webinars that feature Fed
experts and guest speakers on top banking questions of the day, with
time at the end for questions and comments.
FDIC Director Resource Center
OCC Director's Workshops
Compliance Training for Bank Boards
Bank Director Training Course Videos - Free for ABA Members
Much is expected today of bank boards, which provide both strategic direction and oversight of critical functions. This suite of 15 videos presents need-to-know fundamentals about topics like oversight of compliance management and controls; both pre- and post-exam activities; compliance with BSA/AML/OFAC, Reg O and fair lending regulations; and digital trends in cybersecurity, and payments.
Access here (login required for ABA members).