Eighty-five Alabama bank directors learned the latest changes in federal regulations, national and regional economic trends, the basics of community bank directorship, and more, during the annual Bank Directors’ College at Auburn University February 12-13.
The college, held this year at the Marriott Hotel and Conference Center at Grand National, is hosted by the Harbert College of Business and the Auburn Technical Assistance Center, an outreach center specializing in training programs and process improvement for industry partners.
“The college is held in a very academic setting,” said Walker Jackson, Management Scientist at the Auburn Technical Assistance Center. “This allows the attendees to network with one another, find out best practices, and how other banks are run, plus make connections with industry experts.”
Bankers received eight hours of instruction by nationally-recognized accounting and legal experts, state and federal regulators, and experienced bankers. Attendees also had the opportunity to learn from academics (including Harbert’s Bobby Lowder Professor in Finance Dr. John Jahera and Dr. Dave Altig, economist formerly with Indiana University).
Alabama Lt. Gov. Kay Ivey served as a dinner keynote speaker Feb. 12, sharing thoughts on state finances and the 2015 legislative session.