When it’s time to invoke the succession plan
Experiences like Northwest Bank’s are not unprecedented—and sudden death is not the only incident that can rock an organization’s world...
Prepare for investors’ questions on diversity
The focus on racial and ethnic diversity as opposed to gender diversity is accelerating across the board.
Audit committee expectations intensify as assets hit $1 billion
As banks approach two key asset thresholds—$500 million and especially $1 billion — they must begin preparing for new risks...
Mission Critical
How military veterans are helping bank boards think strategically, react nimbly and work as a team.
Growing into Growth
How one community bank has added directors as its business complexity increased.
CECL’s First Wave Offers Insights for Smaller Banks
Many banks have until January 1, 2023 before they must implement the current expected credit loss standard, or CECL. But...
Hiring Directors, Halting Bias: Ideas for Improving Diversity
Does your bank board mirror your market? Mounting pressure for banks to better reflect their communities is prompting banks to...
Is Banking on Lawyers a Formula for Success?
Lawyers now occupy seats on three-quarters of U.S. bank boards, and new evidence suggests their rapid rise is linked to...
Looking for Trouble: How Boards Spot and Weed Out Dysfunction
Success starts with recruiting a good mix of people and perspectives to create a dynamic and engaged cohort of directors....
Tips on Bank Board Engagement During Crises
In a recent client bulletin, executives from Promontory, an IBM Company, identified several immediate and medium-term actions bank boards should...
