May, 2010

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Be all that you can be.

Jeff For Banks

'Banking’s largest investment is in its people. I have recently written about how critical our people are to the bank’s success. Executives often lament to me about the lack of quality, experienced bankers in the marketplace. They recall fondly the days when large banks would put recent college graduates through management trainee programs, credit schools, and the like.

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An open letter to bank marketers.

Jeff For Banks

'Change is difficult. Consider the difficulty in changing our own behaviors. A friend of mine that runs fitness clubs on Florida’s Gold Coast told me that it can be more effective to increase weight training in my workout regiment if I want to shed some pounds because muscle burns calories. This required me to rethink and change my workout routine. The end result: I decreased my cardio workout and increased weight training five measly minutes.

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Oysters and Pearls. Banking's biggest challenge: Our people.

Jeff For Banks

'There is a lot more focus on bank strategy today than at any time over my career. Some of it is regulatory driven, as banks that do not have a strategic plan are being criticized in their exams. So, there I sit, facilitating strategic planning sessions where board members and senior managers dream up the bank they want to be, yet intuitively know they don’t have the right employee mix to successfully execute on their plan.

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Is the pie getting smaller?

Jeff For Banks

'I have what I consider a very astute friend. He’s a relatively young guy (in his 40’s), and seems to be very smart with his money. I perceive him as being a very good bank customer. When he told me he does a family balance sheet every year, he piqued my interest. I asked if he would be willing to share it with me in common-sized format, changing the numbers to percents of his total assets.

FDIC 60
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Elevating Accounting Practices: The Power of Outsourcing and Automation in the Digital Age

Speaker: Nancy Wu, Head of Sales and Customer Success at SkyStem

Join us for an enlightening webinar as we delve into the transformative realm of modern accounting practices. In today's digital age, the convergence of outsourcing and automation has revolutionized how businesses manage their financial operations. In this webinar we will explore the synergistic potential of these two strategies to streamline processes, enhance accuracy, save cost and drive strategic decision-making.

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Book Review: The True Leader by Jamie Marsico

Jeff For Banks

'A+ I enjoy reading books, both fiction and non-fiction. When I read a book related to banking and I perceive it as a “B” grade or better, I’ll tell you about it here in my blog. This is an exception. The True Leader has no relation to banking. To those blog readers expecting my humble opinions on banking, I apologize. But to those blog readers who are parents and/or grand-parents of children 8-12 years old, bear with me, if you will do me the honor.

Alaska 60