Serving on a community bank’s board of directors is much different than it was 15 years ago. The primary responsibility is the same – to enhance value for the shareholders. But the post-recession environment has ushered in a new era of responsibility for the board. Enterprise risk management, Basel III, cyber security, industry consolidation, and the like all require proactive, reasoned decision-making by each board member. Every member must pull his or her weight. How should a community bank go about assessing the effectiveness of its board? This webinar will explain how to inform directors of their duties and responsibilities and highlight industry expectations for the board. The presentation will provide an overview of best practices for evaluating the board as a whole, as well as individual directors.
- A director’s real job
- Directors’ specific duties, responsibilities, and role in the current regulatory environment
- Building an effective board
- Evaluation best practices
- Succession planning for the board
ABOUT THE PRESENTER – Jeffrey C. Gerrish, Gerrish Smith Tuck, Consultants & Attorneys
Jeffrey Gerrish is Chairman of the Board of Gerrish Smith Tuck Consultants, LLC and a member of the Memphis-based law firm of Gerrish Smith Tuck, PC, Attorneys. The two firms have assisted over 2,000 financial institutions in all 50 states. Jeff’s consulting and legal practice places special emphasis on strategic planning; community bank mergers and acquisitions; dealing with the regulators, particularly as related to enforcement actions; bank holding company formations; acquisition and ownership planning for directors; stock repurchase plans; regulatory and compliance issues, including fair lending, unfair and deceptive and abusive practices; capital raising; securities law; ESOPs; and other matters of importance to community financial institutions.
Originally recorded on March 29, 2017.
Recorded webinar is available until December 31, 2017.
Free Digital Copy included with purchase to download and view beyond link expiration date.
Price includes sales tax.