BAN2416. What Keeps Community Bank CFOs Up at Night?

Identify the challenges faced by community banks in today's environment and determine strategies to mitigate and manage the risks. Strategies include implementing Enterprise Risk Management, adjusting models used for capital and loan stress testing as well as CECL calculations, considering mergers and acquisitions, improved monitoring of risks including those relative to social media, among others.

Learning Objectives:

• Identify challenges faced by community bank chief financial officers (CFOs) in today's environment
• Determine community banking risk-mitigation strategies
• Recognize how community banks are adapting to the higher-for-longer interest rate environment