Pub 2 2013 Issue 7

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 6 T he KBA held its CEO Forum and Annual Meeting at the Broadmoor Hotel in Colorado Springs on August 8-10, 2013. Although we experienced an unusual amount of rain, the weather held out at the crucial times and all events went on as scheduled. The 29th year at the Broadmoor was very well-attended with increased attendance from the previous year. Following opening comments from Chairman Frank Carson, Carson Bank, Mulvane, Tom Hoenig, FDIC Vice Chairman launched the pro- gram with his presentation titled “Opportunities to Level the Playing Field.” Hoenig criticized the BASEL III capital standards currently being considered by federal bank regulators for failing to differenti- ate between our nation’s largest financial institutions and community banks. Hoenig stated, “I’m not against large banks, but I am against large financial institutions having competitive advantages created by federal policies.” Hoenig also predicted that if structural changes are not made with respect to capital requirements and the examination process for large financial institutions, then rapid consolidation of the banking industry will continue and will lead to very few large institu- tions that are essentially government sponsored entities. U.S. Senator Jerry Moran gave a “Washington Update.” Senator Moran renewed his support for the vitally important role Kansas banks play in serving their communities as he highlighted provisions of the Community Lending Enhancement and Regulatory (CLEAR) Relief Act (S. 1349). The CLEAR Relief Act is designed to provide much needed regulatory relief to community banks and their customers as well as support the housing recovery. Moran stated, “It’s time for the Senate Banking Committee to stop holding hearings on the negative impacts of the Dodd-Frank Act and take real action that will bring regulatory relief to community banks.” Mark Scharenbroich, Scharenbroich & Associates, capped off the first day of speakers with a powerful, yet simple, message entitled, “Nice Bike.” Mark’s message focused on validating the importance of recognizing people to improve employee and team performance. Mark said the backbone of community banking is how you make peo- ple feel when they walk in and out of your bank. The key is to treat your customers and your employees like you would like to be treated, over-deliver on service and be connected by getting to know them. “People have a need to belong, and by recognizing something about them, you help to validate their belonging.” This simple concept can go a long way to increasing productivity from your employees and loyalty from your customers. Following the Bob Brown Golf Classic, Lyn Farrell delivered a talk about what every bank CEO should know in 2013 – “At the Cross- roads.” Lyn, a managing director at Treliant Risk Advisors, addressed the Consumer Financial Protection Bureau (CFPB) and how it has im- pacted the banking industry. She maintains that banking has changed in a number of ways, including a shift in regulatory risk from the con- sumer to the provider of financial services and more “principle-based” versus “technically-based” regulatory enforcement. Lyn also presented a concurrent session on increasing shareholder val- ue.  Lyn believes the greatest threat to a bank’s value is the regulatory climate–pointing out that the CFPB, since its inception in 2011, has is- sued over $500 million in fines. She concluded by offering her 10 Top Things to Know About Fairness in Financial Services to help attendees assess the products and compliance programs they have in place. Motivational speaker Jody Urquhart presented a session on leader- ship and influencing others, during which she offered tips on helping employees manage expectations. She observed that employee job satisfaction can be measured through a simple formula: the quality of The KBA CEO Forum and Annual Meeting 2013-2014 KBA Officers Chuck Stones, KBA President & CEO, KBA Chair-elect Kelly Mason, First National Bank in Pratt, KBA Chairman Leonard Wolfe, United Bank & Trust, Marysville, KBA Treasurer Bob Leftwich, Impact Bank, Wellington and KBA Past Chairman Frank Carson, Carson Bank, Mulvane