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ABA CFO Exchange

September 16-18, 2019

CFO Exchange 

Overview  |  Registration​  |  Program  |  Hotel & Venue  |  Workshop  |  Activities  |  Sponsors

2018 Program: Look Back


Monday, September 17, 2018
12:00 pm - 6:00 pm Registration Open
12:30 pm - 1:45 pm Sponsored Lunch and Presentation
CECL for the Community Bank:  Make Lemonade from Lemons by Going Beyond Compliance
Many bankers have a sour taste in their mouth when they discuss CECL.  The process could squeeze out lots of time and energy from your regular work, leaving you feeling beaten to a pulp and with nothing left to show for it.

Why not see the lemonade pitcher as half full? Your CECL process could provide insight into your business that you would never have seen. Turn all that hard work into a cool and refreshing way to both save time and to enhance portfolio and capital management.  No matter your bank's size, please come and sit down with DebtX and take a long sip that could result in higher margins and less work.​

Sponsored and presented by DebtX

CECL: The Road Ahead and Staying Focused
​​CECL presents the largest change to GAAP accounting in decades and requires a significant modification to the way that financial institutions gather and store their data as well as how they calculate and present their loss provisions. The "ripple effect" of these changes will impact every financial institution's marketing, governance and overall strategy for years to come.

Since the accounting guidance is intentionally nonspecific, many banks and credit unions are struggling not only with compliance, but with determining how to get started. In this session, we'll discuss the latest changes to CECL pronouncement, how financial institutions are adapting and how Fiserv can help turn the burden of compliance into the benefit of better strategy. 
Speaker:
  • ​Rick Martin, Product Manager, Financial and Risk Management Solutions, Fiserv
Sponsored and presented by Fiserv

2:00 pm - 5:00 pm Pre-Conference Workshop: Comprehensive Q-Factor Analysis under CECL for Community Banks
Q-factor analysis is more complicated under CECL, but can be done by community banks in non-complex ways as part of their overall CECL calculation. In this interactive, three-hour session led by CECL experts, bankers will address the best use of the Q-factors and loss estimation scenarios in breakout groups. You’ll have hands on access to new analytical tools and tactics to help you with both bank operations and board member awareness of the CECL process.​
Presenters:
  • Mike Gullette, Senior Vice President, Tax & Accounting, American Bankers Association, Washington, DC 
  • Peter Cherpack, EVP and Partner, Ardmore Banking Advisors, Ardmore, PA
5:00 pm - 6:00 pm Networking Welcome Reception
Join fellow CFOs and operation experts at the official CFO Exchange kick-off event.
6:15 pm Dine-Around Dinners (optional)
Network with other bank CFOs in a social setting. ABA will make 7:15 pm reservations (8-10 people per party)all you have to do is sign up at registration. Each diner will receive a separate check at the end of dinner. Whether you have previously met other attendees or would like to expand your network, dining with your peers is always a valuable investment of your time. 

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Tuesday, September 18, 2018
7:00 am - 5:00 pm Registration Open
7:00 am - 7:30 am Continental Breakfast
7:30 a- 7:40 am Welcome
7:40 a- 8:35 am
Increasing Fee Income without Raising Fees
More and more, fee revenue has become an important component of bank profitability. Often ignored in the strategic discussion for Community Banks regarding fee income are the issues of capacity, marginal revenues and marginal costs.  Charging the right amount is also important as data indicates there is elasticity of demand in certain areas of fee income.  Learn strategies to significantly enhance your fee income without raising fees!
  • David Furnace, Chief Executive Officer, Haberfield, Lincoln, Nebraska
  • Vicky Petete, Executive Vice President, Vision Bank, NA, Ada, Oklahoma
8:35 a- 9:45 am
Peer Roundtables
Talk about challenges and best business decisions with peers from banks of your asset size. The small-group setting will help you share and retain useful information.
9:45 a- 10:00 am
Refreshment/Networking Break
10:00 a- 11:10 am
CECL: How to Get Your Board on Board
Despite the theories of simplicity and stability under CECL, bank CFOs can’t operate in a laboratory. When the next credit downturn comes, how will CECL impact performance, and how will you explain to your board unprecedented provision levels and curtailed dividends while times are good? Join industry experts and learn to measure and manage performance through all cycles of the economy in this board meeting simulation.
Speakers:
  • Laura Butler, Executive Vice President, Chief Financial Officer and Secretary, First Citizens National Bank, Dyersburg, Tennessee
  • Mike Gullete, Senior Vice President, Tax & Accounting, American Bankers Association, Washington, DC
  • Paula King, Senior Advisor, MST, Cornelia, Georgia
  • Larry Sorensen, Chief Financial Officer, WTB Financial Management, Spokane, Washington
​11:10 am - 11:30 am  Your ABA Benefits
Many of ABA’s unmatched resources are available for free. When you join ABA, everyone at your bank has access to members-only information and expertise. Come to this session to learn how to make the most of your member benefits and see the specialized resources we have designed specifically for CFOs.​
Presenter:
  • Kimberly Michael, Senior Director, Member Outreach, American Bankers Association, Washington, DC
11:30 a- 11:45 am
Networking Break
11:45 am - 12:30 pm
Networking Roundtable Lunch
12:45 pm -2:30 pm
U.S. Economic Update
Ten years into the economic expansion, the economy is strong and the Fed is tightening in earnest. As the yield curve flattens, some of the Fed’s core assumptions are being questioned. How they choose to respond will determine how long the expansion will last.
Presenter: 
  • Christopher Low, Chief Economist, FTN Financial, New York, NY
2:30 pm - 2:45 pm
Break
2:45 pm - 3:35 pm Operational Efficiency Self-Assessment 
Productivity and the absence of productivity—continues to affect bank operations. Learn to assess and improve productivity in your area of the bank or bank-wide using techniques from industry experts. Key areas to be addressed include staffing metrics, technology utilization, planning efforts and measurement/reporting issues. Leave with a host of evaluation and implementation tools.
Speaker:
  • ​Trent Fleming, Trent Fleming Consulting, Germantown, Tennessee 
Proactive Balance Sheet Management in a Rising Rate Environment
A rising rate scenario accompanied by a flatter yield curve will wreak havoc for many banks, while others will thrive. What have we learned from previous rate cycles, and what strategies should we avoid this time around? A well-informed and focused ALCO has far better odds of balancing currenct earnings needs with the challenges of a new rate cycle. Explore tactics to help your bank rise above. 
Speaker:
  • Mark Haberland, Managing Director, Darling Consulting Group, Newburyport, Massachusetts  
3:40 pm - 3:50 pm Break
3:50 pm - 5:00 pm Peer Exchange Discussion (Bankers Only)
Talk about challenges and best business decisions with peers from banks of your asset size. The small-group setting will help you share and retain useful information. 
  • SEC registrants
  • Non-SEC registrants over $500 million
  • Non-SEC registrants under $500 million
​6:00 pm - 6:15 pm ​Assembly for walk to Reception and Dinner venue*
Hotel Lobby

*walk is approx. 5 minutes. 
6:15 pm - 9:00 pm
Reception and Dinner
Stubb's Bar-B-Q
801 Red River Street
Casual attire

Sponsored by ABA Endorsed Solutions and Crowe LLP

 
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Wednesday, September 19, 2018
7:30 am - 11:00 am Registration Open
7:30 am - 8:00 am
Breakfast
8:00 am - 8:40 am Reports from Peer Exchange Discussions
Hear a brief summary of what was learned from each peer group session.
8:40 am - 9:30 am Proven Strategies for Building a Performance-Driven Culture
In a 2015 CFO Research Survey, nearly eight in ten CFOs said that their companies’ very success depended on having instantaneous access to a “single version of the truth.” But, when data is coming at you from multiple systems, divisions and regions, it can be hard to determine what exactly that truth is. Learn how shifting employee mindset from reactive to proactive and implementing a performance driven culture will give you a more accurate, forward-looking view of operations.​ 
Speaker​:
  • Barry Adcock, Financial Performance Strategist, Banker's Dashboard - a Deluxe company, Shoreview, Minnestoa
9:30 am- 9:45 am Refreshment Break
9:45 am - 11:40 am​ Accounting Issues and What They Mean to Your Bank
Find out what the latest implementation concerns are from a regulatory and GAAP perspective. A panel discussion will shed light on best (and not-the-best) practices as banks navigate the economy. Significant time will be dedicated to your questions, whether they relate to what's happening now or what will be needed in light of changes on loan losses. 
  • Rachel Binder, Senior Manager, Grant Thornton, and former Professional Accounting Fellow, Office of the Comptroller of the Currency, Dallas, TX​
  • Zachary Carroll, Partner, RSM US LLP, Austin, TX
  • Mike Gullette, Senior Vice President, Tax & Accounting, American Bankers Association, Washington, DC
  • Raj Mehra, Executive Vice President and Chief Financial Officer, Freedom Bank of Virginia, Fairfax, VA
11:45 am
CFO Exchange Adjourns

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gold arrow action buttonSee the Continuing Education Credit attendees can earn in 2018, 

 
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Questions? Contact Susan Bonney.