Pub. 1 2012 Issue 3

8 l e a d i n g a d v o c a t e f o r t h e b a n k i n g i n d u s t r y i n k a n s a s H AVE YOU EVER WANTED TO JUST FORGET EV- erything about what you’ve heard or learned about good leaders and being a part of a successful team by creating an environment of fear, self-interest and mistrust? Have you ever wanted to trample your underlings, and then trample them again? Jeff Havens kicked off the 2012 KBA Lending Conference with a dynamic and unique twist on the traditional motivational model – a study in what NOT to do! Jeff helped show the path to success by explaining, in humorous detail, how to interact with co-workers in a selfish, rude and distrustful manner. By showing the group what not to do, he motivated lenders to exercise proper communication and develop personal leadership techniques. Over the lunch hour, Chuck Stones, President of the KBA, gave at- tendees an update on Federal issues and attitudes, and on developments at the KBA. Wayne Bell, District Director, Small Business Administration, gave a quick overview of SBA lending programs. Chuck Lewis with the Missouri Bankers Association, once again, provided the latest information about compliance problem areas with a good dose of humor. The presentation began with a video newscast featuring himself as the broadcast journalist, Ima Hunk, interviewing (himself) Mr. Cro-Magnon, a very well-preserved caveman, on the drudgeries of regulatory burden in the dinosaur age. Then…Chuck got serious. He covered everything from prompt crediting of payments to UDAAP, cautioning attendees that examiners will be looking beyond technical compliance with regulatory requirements. Lenders next had a choice between two concurrent break-out sessions covering accounting for troubled debt; stress testing; marketing yourself and the bank; and understanding bankruptcy and foreclosure proceedings. The first day ended with a cocktail reception, allowing lenders to relax, mingle and share war stories. Day two began with a state legislative update from Doug Wareham, SVP-Government Relations with the KBA. Doug talked about the impor- tance of redistricting – how it not only will affect the upcoming election, but also every issue being tackled this legislative session. The Conference closed with a forum featuring Kansas Attorney General Derek Schmidt and Veronica Spicer, Enforcement Attorney with the Consumer Financial Protection Bureau. Attorney General Schmidt spoke about the role his office play, in enforcing the state’s consumer protection act. He noted that the AG’s office is already working with the CFPB on some consumer protection issues, and does not see his role in this area changing as new bank regulations are promulgated by the CFPB. Ms. Spicer described how the CFPB would affect Kansas banks. In the regulatory sense, all consumer regulations will now be in one place and will be enforced on an equal basis, versus having several banking regulators with potentially differing opinions. She touted as an advantage, that now there will be a more level playing field between banks and their nonbank competitors, as the CFPB will act as the supervisor and examiner for nonbank lenders including payday lenders, mortgage brokers, student loan lenders and debt collectors. Ms. Spicer described three components of supervision within the CFPB that would touch community banks: 1) the CFPB will be able to access examination reports of community banks and could accompany the bank’s prudential regulator on exams if deemed necessary; 2) the CFPB must, by law, consider the impact new rules or regulations have on community banks; and 3) there is a panel within the CFPB that will review the streamlining web tool, “Know Before You Owe,” to determine its impact on community banks and credit unions. The Conference was adjourned by KBA Lending Committee Chairman, Jonathon Holmes, Valley State Bank, Derby, with a wish for safe travels and a reminder that next year’s conference will be held at the Hyatt Hotel in Wichita, on March 7-8, 2013. FROM TYRANTS, TO CAVEMEN, AND A LOOK INTO THE CFPB…2012 LENDING CONFERENCE A SUCCESS! On a serious note…Jeff Havens provides a humorous twist on the traditional motivational model. KBA Lending Committee Chair, Jonathan Holmes, Valley State Bank, Derby, served as the MC for the Conference. Chuck Lewis with the MBA hams it up for the camera. Conference attendees listen intently to Dr. Morgan’s break-out session on stress testing. KBA SVP-Government Rela- tions, DougWareham finds a Kansas connection with Ve- ronica Spicer, Enforcement Attorney with the CFPB. Kansas Attorney General Derek Schmidt offers his thoughts on his office’s role with the CFPB.