9/25/2019 - By Nancy Patton
In conjunction with our 75th Anniversary celebration in Tampa, the Bank Advisors at Saltmarsh proudly hosted their 14th Annual Community Bank Events! Designed to cover the essential areas of regulatory compliance, IT, executive and strategic management, the series offers a comprehensive view of what is impacting community banks throughout the region. Trending topics this year included FinTech, marijuana, private flood insurance, and cybersecurity.
To kick-off the two-day event, IT Consultant Jason Keith, CIA, CISA, reviewed trends in regulatory findings, such as innovation. A representative from the FBI gave insight into business email compromise (BEC), discussed the general types of schemes and how to ensure you don’t fall victim to BEC. Steve Barshov, from DigiPro Media, highlighted web accessibility standards and why being ADA compliant matters for financial institutions. To cap off the Technology Funnel, IT Shareholder, Stephen Reyes, CISA, CISSP, dove into the dark web and current threats that could put your business and private information at risk.
The Compliance Funnel featured speakers that covered a broad range of issues, including private flood insurance and FinTech. Shareholder Connie Edwards, CRCM, began the session with a closer look into fair lending and the review processes of redlining. Heather Howell Wright of Bradley Arant Boult Cummings LLP shared information on the mandatory acceptance of private flood insurance, and Shareholder Kristen Stogniew, Esq., CFE, covered current issues, trends and compliance concerns with FinTech.
The Executive Forum began with a brief presentation on cannabis law and was followed by an interactive panel to discuss the challenges and opportunities on hemp, CBD and marijuana on the banking industry. The panel featured subject matter experts Matthew Ginder of Greenspoon Marder LLP, Dana Chaves and Jannon Forsythe of First Federal Bank, Jessica Stephenson and Melissa Atkins from Cogent Bank. Ronald Sims, from the FDIC, provided an Economic Update, while David Ruffin presented on Credit Risk, Strategies & Trends. CenterState Bank’s Chief Strategy Officer, Chris Nichols, closed out the Forum with his top 10 tips for utilizing FinTech for better, more efficient banking.
Thank you to those who joined us for another successful event! We had more than 80 banking professionals in attendance and always enjoy the time learning and connecting with our friends in the industry.
Be on the lookout for details on our 15th Annual Community Bank Events in 2020 – but if you can’t wait till next year, join us in Nashville, Tennessee on November 5th for our next series!