
Spotlight: At Kentucky’s Central Bank and Trust, advisory boards help to fill the director pipeline
‘We recruit some of our best customers to serve on our advisory boards. It’s a business feeder.’
‘We recruit some of our best customers to serve on our advisory boards. It’s a business feeder.’
The FDIC has appointed seven new members to its Advisory Committee on Community Banking. Twelve of 19 on the panel are with ABA member banks.
Many bankers recruit a team of local business people and prominent citizens to serve on an advisory board. While an advisory board isn’t typically a policy-making body, like the bank’s board of directors, it does serve vital functions. Here are five ways to better educate and engage them so your investment pays dividends.