Experiences like Northwest Bank’s are not unprecedented—and sudden death is not the only incident that can rock an organization’s world and trigger the succession plan.
Browsing: Succession planning
How banks are pivoting to address the challenges of the coronavirus.
You spend a third of your life at work, says Jeremy Callais. “You can teach someone how to do banking. We hire people who we want to spend a third of our lives with. We tend to think that the customers like to bank with those people too.”
After her bank’s CEO unexpectedly died a quarter century ago, Annette Russell was suddenly thrust into the top job at Security Federal Savings Bank in Logansport, Indiana. But if Russell has anything to do with it, the next transition won’t be so abrupt.
On the latest episode of the ABA Banking Journal Podcast, Minnesota community bank CEO Bryan Bruns talks about what community banking looks like in his market, his bank’s recent anniversary and his role as a member of the Consumer Financial Protection Bureau’s Community Banker Advisory Board.
Christie Obenauer’s family-owned bank had a problem. Based in a rural county in western North Dakota, her community had been dealing with the prospect of population decline, but then the North Dakota energy boom brought an influx of newcomers. “It’s a wonderful problem to have.”
On the latest episode of the ABA Banking Journal Podcast, sponsored by Windstream Enterprise, Steve Goodenow discusses how they built this equipment finance business within a rural Iowa community bank.