Recently, many exciting developments in the KBA’s legal services will benefit KBA member banks. First, the KBA will be reorganizing its legal and compliance services to more efficiently serve banks. The KBA Legal Department will continue its 40-year tradition of providing free legal and compliance information to KBA member banks. For banks wanting more legal assistance, including specific legal advice and document drafting, Kansas Bankers Consulting Services, LLC (KBCS) will continue to provide annual fee-based services for contracting members.
Furthermore, the KBA is proud to announce it has created a new business line, Compliance First Banking Solutions, LLC (CFBS). CFBS will provide the audit and compliance consulting services previously performed by KBCS on a bid-basis. As part of CFBS’ offerings, the KBA is rolling out a new service available to participating banks in 2022: Outsource Compliance Services, which will allow banks to outsource compliance to CFBS staff.
As part of this structural reorganization in legal and compliance services, the KBA has made the following position changes: Terri D. Thomas, JD, has been named Executive Vice President and Chief Operating Officer of the Kansas Bankers Association. In this position, she will assist KBA President and CEO Doug Wareham and KBA General Counsel Kathy Taylor with the day-to-day management of the KBA. Terri joined the KBA in 2006 and will continue to provide oversight for all of the KBA’s legal and compliance services provided to members and will directly manage KBCS activities. “Terri is a tremendous asset for the KBA. I look forward to her lending her strong organizational and management skill set more broadly to the overall operations of our Association,” shares Doug Wareham, KBA President & CEO.
Allison Carpenter, JD, has been promoted to VP-Manager of the KBA Legal Department. Allison will directly manage the legal and compliance services provided to the KBA’s general membership and oversee the publications produced by the department. Allison joined the KBA in 2012 and has served as Vice President, Staff Attorney and Senior Auditor for the KBA and KBCS.
Dylan Serrault, JD, was promoted to VP-Manager of Compliance First Banking Solutions, LLC. As described previously, CFBS is the new home for compliance consulting and audit services that have been previously offered under the name of Kansas Bankers Consulting Services, LLC. Dylan joined the KBA in 2015 and has served as Vice President, Staff Attorney and Auditor for the KBA and KBCS.
It is only with your continued support that the KBA can provide these valuable services to its members. Thank you!
