Vol. 108 2024 No. 6

They say imitation is the greatest form of flattery, but when it comes to financial services, it doesn’t make for a fair banking environment. Just look at credit unions, trying to position themselves as “community” organizations without having to demonstrate they meet Community Reinvestment Act requirements. Or Industrial Loan Companies, with holding companies not subject to bank compliance reviews. Or the Farm Credit System, which wants to compete with community banks but doesn’t want to be regulated like them. Or mega banks that are too big to fail, ensuring we pay the price with outsized regulation. The list goes on.

DECEMBER Midwest Agricultural Banking SchoolDec. 2-5: Purdue University, West Lafayette Treasury Management ForumDec. 3: IBA Center Lending Compliance UpdateDec. 4: IBA Center & Virtual Ag ClinicDec. 5: Purdue University, West Lafayette Economic Outlook LuncheonDec. 6: Ritz Charles, Carmel Advanced Commercial Lending SchoolDec. 10-11: IBA Center Internal Bank Audit SchoolDec. 10-11: IBA Center Loan Operations Manager

As my year as your chairman comes to a close and I reflect back on my journey in our industry, the importance of preparing the next generation for leadership is what stands out most. My own journey began with the Future Leadership Division of the IBA, and that experience has shaped my career. We all walk an easier path thanks to the road that was paved by leaders who have come before us, and those who are at the helm are preparing the next generation today.

As the daughter of two bankers, it’s my honor to serve the banking industry, and my great joy to be surrounded by a great team who is just as passionate. What is truly exceptional is when I get to see bankers come together to make each other better and move the industry forward.