Sep
4
Wed
2019 Fall Compliance Update Seminar @ Greensboro - High Point Marriott
Sep 4 @ 9:00 am – Sep 5 @ 12:30 pm

Time: Day 1, 9 am – 5 pm
Day 2, 8:30 am – 12:30 pm

PROGRAM INFORMATION

Patti’s coming back to town to help guide us through the murky waters of compliance updates. You and your compliance team won’t want to miss this informative session! Confirmed topics include:

  • June 2019 Regulation CC Final Amendments
  • OFAC May 2019 A Framework for OFAC Compliance Commitments
  • Legislative Activity Regarding Cannabis Banking
  • Regulator Priorities and Enforcement Actions
  • Commercial Compliance
  • Check Fraud and Forgery
  • FCRA

SPEAKER INFORMATION

Patti Blenden

Patti Blenden is a dynamic speaker and leader with strong, intuitive management skills, and a deep conviction that “excellence is not optional.” She has extensive experience in working with financial institutions, bank data processors and governmental agencies. Patti has more than 35 years of experience in the financial industry as an entrepreneur and financial institution executive. She is a Certified Public Accountant, skilled regulatory compliance consultant, bank operations specialist, system automation designer and an enthusiastic regulatory compliance instructor who believes in providing real-world solutions ready for immediate implementation.

Patti founded Financial Solutions in 1990 to offer financial institutions complete, cost-effective regulatory compliance solutions, thereby eliminating an institution’s need to rush to increase overhead. The company specializes in providing regulatory compliance assistance for financial institutions through policies, programs, on-site compliance reviews and customized training.

 

LODGING INFORMATION

The NCBA has secured a discounted rate of $134/night at the Greensboro – High Point Marriott. To secure a room at that rate, please call the hotel directly at 336.852.6450 and ask for the NC Bankers rate on the nights of September 3 & 4. Please note that attendees are responsible for securing their own reservations, and that the cut-off date to receive this rate is Tuesday, August 13.

Sep
12
Thu
2019 Tax Updates Seminar @ TowneBank (formerly Paragon Bank)
Sep 12 @ 9:00 am – 3:30 pm

PROGRAM INFORMATION

Even though the tax reform changes took place in 2018, CPA’s and other industry experts are still learning and understanding all the new changes. Please join us for an informative session with LBA Haynes Strand as their experts guide our attendees through new tax changes that could be beneficial to their institutions and clients.

Learning objectives include:

  • R&D Credits
    • Gain understanding of the R&D tax credit legislation
    • Determine which activities qualify for the R&D credit
    • Learn how the R&D credit is calculated and what expenses are allowed in computation (and learn what documentation is required to support the calculation)
    • Understand how the R&D credit is applied to corporate returns
    • Learn how to identify taxpayers who can take advantage of the R&D credit
  • Opportunity Zones
    • Gain knowledge on what a Qualified Opportunity Zone is, and where Opportunity Zones are located
    • Know what the tax incentives are available to investors
    • Understand what the Opportunity Fund requirements are
  • Accrual to Cash: New Rules for Including Inventory Write-Offs
    • Learn the difference between cash- and accrual-basis accounting
    • Understand the direct effects of each method
    • Determine which method is best for what type of business
  • SALT: Implications of Wayfair
    • Understand the business filing requirements
    • Determine if there is existing exposure
    • Learn how to identify risks beyond state tax

 

SPEAKER INFORMATION

 

Julie Ayers – Principal, LBA Haynes Strand

Julie is a Principal at LBA Haynes Strand, is head of the tax department and the charter school accounting division and also sits on the Executive Committee, which leads all decision making for the firm.

Julie’s ability to help clients overcome financial obstacles began when she worked for a prominent property management company who oversaw the management of prestigious condominiums in Washington, DC.  Faced with unsold condominiums and a down turn in the market, condominium associations turned to her to find ways to reduce their overwhelming financial burden. Julie realized that by helping the association she was able to also help the individual owners save their homes. Armed with this knowledge and passion, she left the company and became a CPA to work in public practice.

 

 

 

Patrick Coleman – Principal, LBA Haynes Strand

Patrick is a Principal in the Matthews office of LBA Haynes Strand, where he is a vital member of our tax practice.  Patrick graduated from St. John’s University with a Bachelor’s of Science in Accounting and holds a CPA license in both North Carolina and New York.  His background includes consulting and tax services, where he truly enjoys working with business owners and individuals assisting them with their financial and tax planning needs. Patrick has a unique perspective on client needs and the solutions that go with them. In addition, he has extensive experience in compilations, reviews and tax preparation.

 

 

 

Dave Fraser – Principal, LBA Haynes Strand

David Fraser, CPA has more than 24 years of experience as a certified public accountant. At LBA Haynes Strand, Dave is responsible for serving his tax clients and providing a proactive resource for them. He also serves as a technical resource for the firm. He understands international, national and multi-state tax issues for partnerships and corporations and assists multinational companies with complex transactions including transfer pricing and corporate structuring. He also works with corporations on issues of taxation concerning inbound and outbound executives.

Dave also has significant experience working with high net worth individuals, with a unique emphasis on the entertainment industry. His position as controller and technical tax resource for a major auto racing enterprise gives him a unique view of the financial side of one of the world’s most financially lucrative sports. He also helped develop a national methodology for the transfer of wealth from high net worth individuals to their heirs while minimizing estate, income and gift taxation.

 

LODGING INFORMATION

The NCBA has secured a discounted rate of $159/night for our attendees at the North Raleigh Hilton. To secure this discounted rate, please use the link below. The hotel is located two miles away from the NCBA.

Please note that attendees are responsible for securing their hotel reservations.

Click HERE to Get Your Discounted Rate!

Sep
23
Mon
2019 Fusion Forum @ Washington Duke Inn
Sep 23 – Sep 25 all-day

This event is a fusion of our traditional CFO Symposium, Management Team Conference, Credit Conference and Security Summit. Registration for your role specific pathway will be offered as well as a full forum registration which will allow you to choose your own path.

If you are interested in being a sponsor at this event, please contact Blair Jernigan at blair@ncbankers.org or Brianna Reeder at brianna@ncbankers.org.

Oct
8
Tue
2019 IRA Workshop @ North State Bank Mortgage
Oct 8 – Oct 9 all-day



 

 

Time:  9 am – 4 pm both days

Registration Rates
Total Program: $795 (Early Bird – 9/24) / $845 (Regular – after 9/24)
Day 1: IRA Essentials Only: $415 (Early Bird – 9/24) / $465 (Regular – after 9/24)
Day 2: Advanced IRAs Only: $415 (Early Bird – 9/24) / $465 (Regular – after 9/24)

Individuals can register for all days as a full package, or can register for any day a la carte. You can view topics for each day on the agenda (link above).

PROGRAM INFORMATION

Day 1 – IRA Essentials

You should register for this program if you need to learn the basics of Traditional and Roth IRAs or you want an updated, general refresher on IRA rules.

This session will give attendees a solid foundation of IRA knowledge. Exercises are included throughout the day to help participants apply information to job-related situations. Attendees will leave this session able to work with IRA owners and process basic IRA transactions with confidence. This is a beginner’s session; no previous IRA knowledge is assumed.

Course topics include:

  • Introduction and Establishing IRAs
    • Identify the tax differences of a Traditional and Roth IRA
    • Examine the process for establishing an IRA and the required documents
    • Differentiate between the types of beneficiaries
  • IRA Funding
    • Learn about the Traditional and Roth IRA eligibility requirements
    • Identify the contribution limit and deadline
    • Communicate contribution reporting deadlines
  • IRA Distributions
    • Identify federal income tax withholding requirements
    • Examine IRS penalties and penalty exceptions
    • Summarize the tax consequences of IRA distributions
    • Communicate distribution reporting deadlines
  • IRA Portability
    • Differentiate between a rollover and a transfer
    • Recognize rollovers between IRAs and employer-sponsored retirement plans

 

Day 2 – Advanced IRAs

You should register for this session if you are an IRA administrator, personal banker, or member services personnel who has a working knowledge of basic IRA operations and wishes to expand your expertise and provide enhanced customer service, a compliance specialist, or support personnel responsible for promotional materials.

This portion of the program will build on an attendees’ basic IRA knowledge to address some of the more complex IRA issues that their financial organizations may handle. This is an advanced session, and previous IRA knowledge is assumed. The instructor will use real-world examples to help participants apply information to job-related situations.

Course topics include:

  • IRA Update
    • Explain recent changes affecting IRA owners
    • Discuss the current Roth modified adjusted gross income (MAGI) limits
    • Recognize how recent changes may affect your financial organization
  • Required Minimum Distributions
    • Calculate a required minimum distribution (RMD)
    • Discuss the RMD rules and reporting requirements
  • Beneficiary Options
    • Describe beneficiary distribution options
    • Recognize the differences for spouse, nonspouse, and nonperson beneficiaries
    • Explain beneficiary payment deadlines
  • Advanced Portability
    • Summarize the restrictions on the movement between IRAs
    • Recognize the options available when moving from an employer-sponsored retirement plan to an IRA
    • Explain the result of violating the portability restrictions
  • Roth IRA Conversion Contributions
    • Describe a conversion
    • Explain the effect of withholding on a conversion
    • Report a conversion
    • Define the consequences of an ineligible conversion
  • Withholding and Getting It Right
    • List the possible penalties for failing to withhold
    • Explain the withholding notice and election requirements
    • Discuss how withholding is reported and transmitted to the IRS
    • Describe foreign withholding requirements

 

SPEAKER INFORMATION

Jeff Aga – Technical Consultant, Ascensus

Jeff Aga is a Technical Consultant with the ERISA Technical Support Department at Ascensus. He assists clients with technical compliance questions through the 800 Consulting Service. He instructs Ascensus’ webinars and various Ascensus sponsored seminars nationwide. Jeff lends technical expertise regarding Qualified Retirement Plans, Traditional and Roth IRAs, Coverdell education savings accounts, health savings accounts and various employer-sponsored retirement plans such as 401(k) plans, 403(b) plans, SEP and SIMPLE IRA plans. He also conducts qualified retirement plan, 403(b) plan, and IRA compliance audits.

Jeff joined Ascensus in 1994 as a Plan Specialist in the Balance Forward Recordkeeping Department, and has served as a Client Service Representative as well as a Team Leader of Client Services with the Plan Service Group. He holds the Certified Pension Consultant, Qualified 401(k) Plan Administrator and Qualified Pension Administrator designations from the American Society of Pension Professionals and Actuaries and is a Certified IRA Services Professional.

 

LODGING INFORMATION

The NCBA has secured a discounted rate of $159/night for our attendees at the North Raleigh Hilton. To secure this discounted rate, please use the link below. The hotel is located two miles away from the NCBA.

Please note that attendees are responsible for securing their hotel reservations.

Click HERE to Get Your Discounted Rate!

Oct
16
Wed
Intermediate & Advanced Commercial Lending School @ North State Bank Mortgage
Oct 16 – Oct 18 all-day

 

REGISTRATION RATES

Total Program: Early Bird – $825 (until 10/2) / Regular – $875 (after 10/2)
Intermediate (Days I & II) Only: Early Bird – $600 (until 10/2) / Regular – $650 (after 10/2)
Advanced (Day III) Only: Early Bird – $350 (until 10/2) / Regular – $400 (after 10/2)

 

PROGRAM INFORMATION

This program is designed for Commercial Lenders, Credit Analysts, Consumer Lenders, Loan Review Officers, Compliance Officers, Branch Managers and Credit Officers. After attending, registrations will:

  • Know how to identify key industry, business and management risks
  • Know how to analyze and understand the more complex credit requests
  • Have a deeper understanding of cash flow analysis and financial forecasting
  • Enhance your overall credit underwriting skills
  • Understand proper loan structuring

The Intermediate Level will expose participants with experience to the fundamentals required to be successful in the commercial lending process. It will cover analytical skills, including: accounting fundamentals, financial statement and tax return review; ratio analysis, cash flow analysis and loan structuring. The method of instruction includes case studies to present concepts and reinforce understanding.

Course topics include:

  • Understanding the role and importance of commercial lending in the banking industry
  • Identifying the information required to make a financial assessment
  • Learning key accounting principles, assumptions and the rules of debits and credits, which is required to understand how financial statements are created
  • Review a full set of financial statements and tax returns
  • Calculate basic ratios to determine financial strength including liquidity, leverage, asset management, operating performance and cash flow
  • How to structure loans property to match the financial requirements of the borrower

The Advanced Level will utilize ratio analysis and cash flow analysis to determine the financial impact on changing financial metrics, short-term and long-term structuring, and to determine future financial performance. This course is designed to provide the more experienced lenders with the tools necessary to ensure a quality loan portfolio – from analyzing promising prospects or customers, to loan approval and documenting your actions as being proper and prudent.

Topics to be covered include:

  • Analyzing industry, business and management risks
  • Advanced ratio analysis
  • Financial impact analysis to determine the impact on cash flow from changing financial metrics (credit ratios)
  • Net working investment analysis utilized to determine the amount required to fund a business’s short-term financing requirements (the essence of loan structuring)
  • Financial forecasting and sensitivity analysis to determine a business ability to generate cash flow in the future to service existing and proposed debt
  • Calculating sustainable growth which is the rate revenue can grow without increasing leverage to an unmanageable level
  • Uniform cash flow and global cash flow analysis for borrowers with interest in multiple entitites
  • How to write an effective credit memorandum

SPEAKER INFORMATION

Jeffery Johnson – Senior Consultant, Bankers Insight Group

Jeffery Johnson started his career with SunTrust Bank in Atlanta as a Management Trainee and progressed to Vice President and Senior Lender for SouthTrust Bank (a large Southeastern Regional Bank) and Senior Vice President and Commercial Banking Division Manager for Citizens Trust Bank of Atlanta (Community Bank).

Most of his career has been spent in Credit Administration, Lending (Commercial, Consumer and Real Estate), Business Development, Loan Review, Management and Training & Development. He has managed loan portfolios representing a cross section of loan types including: Large Corporate, High Net Worth Individuals, Middle Market Companies, Small Businesses, Real Estate and Non-Profit Organizations and managed several loan officers with portfolio management responsibilities.

Jeffery is now a training professional in the banking industry by leading various seminars covering important topics relating to issues in banking. He teaches actively for fifteen state banking associations in the United States, Risk Management Association (RMA) and individual banks nationwide. He co-authored a training course entitled “Lending to Service and Other Professional Organizations” for RMA in 2001.

LODGING INFORMATION

The NCBA has secured a discounted rate of $159/night for our attendees at the North Raleigh Hilton. To secure this discounted rate, please call the hotel directly at 919.872.2323 and ask for the NC Bankers Association discounted rate. This rate includes complimentary transportation to and from the North Hills Mall. The hotel is located two miles away from the NCBA.

Please note that attendees are responsible for securing their hotel reservations. Should you encounter any issues with your reservation, please contact Business Travel Sales Manager, Courtney Quatrara at 919.878.4914 or courtney.quatrara@hiltonraleighnh.com.

Nov
12
Tue
Webinar – Bank Notes Q4 @ Online
Nov 12 @ 10:00 am – 11:00 am

Registration Will Open on September 1

PROGRAM INFORMATION

The NCBA is partnering with Arnold & Porter on the Bank Notes of 2019 webinar series. This will be a quarterly series of webinars that are offered exclusively to NCBA members addressing regulatory issues that are most relevant to North Carolina banks.

Each Bank Notes session will include a report on:

  • New Rules and Regulations
  • Enforcement Actions and Trends
  • M&A Activity
  • 20-Minute Deep Dive into Regulatory Topic for the Quarter

Session swill be tailored to educate all aspects of banks’ operations (customer relationship personnel, BSA officers, legal, compliance, audit, operations, senior management, and directors). Each session will be 50 minutes, followed by a 10-minute Q&A session. The link will be delivered to attendees 24 hours before the program begins, and each registrant will be provided with an e-book containing the presentation materials and other supporting documents relevant to the discussion.

 

Speaker Information

Michael Mancusi – Partner, Arnold & Porter

Michael Mancusi represents domestic and foreign banks, credit unions, and other financial services clients in a wide range of state and federal regulatory, compliance, and enforcement matters. He also has substantial experience representing clients in government and corporate internal investigations, including entities subject to anti-money laundering requirements.

Mr. Mancusi counsels clients facing complex corporate governance and structural issues and represents clients before key state and federal bank regulatory agencies, including the Office of the Comptroller of the Currency, the Federal Reserve, the FDIC, the National Credit Union Administration, the Financial Crimes Enforcement Network, the Consumer Financial Protection Bureau, and the Office of Foreign Assets Control.

Kevin Toomey – Associate, Arnold & Porter

Kevin Toomey represents bank and nonbank financial services companies, along with their boards of directors, executives, and senior management, in a wide range of enforcement, regulatory, compliance, and governance matters before the federal and state banking agencies, Department of Justice, CFPB, FinCEN, and OFAC. Mr. Toomey regularly represents clients in investigative proceedings, including navigating internal and government investigations, and advises clients on issues relating to the Bank Secrecy Act and anti-money laundering requirements, consumer protection, the Dodd-Frank Wall Street Reform and Consumer Protection Act, and state and federal banking laws and regulations.

Nov
14
Thu
2019 Regulatory Insights Workshop @ Greensboro - High Point Marriott
Nov 14 all-day

Registration will open on September 3.

PROGRAM INFORMATION

The workshop is being presented by the FDIC, and will feature roundtable discussions with representatives from the Office of the Comptroller of the Currency, the Federal Reserve Bank of Richmond, and the NC Office of the Commissioner of Banks. Specific topics will include:

  • Key Risks to Fair Lending
  • Vendor Management Risks and Information Security
  • Effective Asset Liability Management

 

SPEAKER INFORMATION

Confirmed speakers include:

Barbara Belfoure – Fair Lending Exam Specialist, FDIC 

Barbara is one of two Fair Lending Exam Specialists in the Atlanta Regional Office. She has been with the FDIC for 30 years and has served in many positions. During the past ten years, she has handled fair lending discrimination cases for the states of Florida, Southern Georgia, North Carolina, and West Virginia. Barbara was a Compliance Review Examiner for over ten years, a commissioned Compliance examiner and an assistance Risk Management examiner in the Dallas Region.

Barbara has handled discrimination cases involving pricing and underwriting based on race, ethnicity, and gender; overt discrimination, age and various discrimination complaints. She has participated in numerous bankers outreach efforts, workshops and FDIC sponsored Bankers calls. In 2012, she was a presenter in the Fair Lending training video sponsored by the FDIC as one of the Chairman’s initiative for bankers. In addition, she serves as an instructor at the Fair Lending School sponsored by the FDIC’s Corporate University for its employees.

 

Stacy Dail – Senior Portfolio Analyst, Federal Reserve Bank of Richmond

Stacy is a Senior Portfolio Analyst within the Supervision, Regulation and Credit Risk Management department of the Federal Reserve Bank of Richmond. In this role, she has responsibility for overseeing and monitoring the safety and soundness condition for a portfolio of community banks. She has been with the Federal Reserve since 2005. She has been in her current role since 2013 and primarily works with bank management on issues to examinations, current topics in supervisory oversight and overall safety and soundness concerns.

 

 

Kelly Maher – National Bank Examiner, Office of the Comptroller of the Currency 

Kelly is a senior examiner in the Charlotte field office and a subject matter expert in commercial credit and corporate governance activities. She joined the OCC in 2005 and has held a variety of leadership positions during her career, including being the Team Leader of the Charlotte field office from 2014 to 2017 and Analyst to the Assistant Deputy Comptroller (ADC) for three years before that. In late 2018, Kelly completed an eighteen-month leadership development program where she served as the acting Director for Commercial Credit Risk in OCC headquarters, ADC of the Chicago field office, and a large bank Team Lead for Enterprise Risk Management and Operational Risk for a period of six months each. She was key contributor to the OCC’s Semi-Annual Risk publications during 2018 and routinely met with industry groups and bankers to discuss supervisory priorities. Kelly is also has extensive problem bank experience as she served as examiner-in-charge of several problem institutions before and during the great recession.

 

Margaret Meyers – Risk Management Field Supervisor, FDIC

Margaret currently serves as Risk Management Field Supervisor for the Raleigh Territory, a multi-office territory covering the eastern half of North Carolina and all of Virginia and West Virginia. In her 27 years with FDIC, Margaret has examined banks primarily in North Carolina but also in South Carolina, Virginia, Georgia, Indiana, and Illinois. She has also instructed for FDIC’s Corporate University, including one teaching assignment with the Egyptian Banking Institute in Cairo. Additionally, she has been very involved in Directors’ Colleges in NC, SC, and WV. Margaret has served on several temporary assignments in the Atlanta Regional Office and at FDIC Headquarters in Washington, DC. Her experience on these assignments includes reviewing and processing problem bank cases for the Atlanta, Chicago, and New York regions.

 

Richard Snitzer – IT Examination Specialist, FDIC

Richard began his career with the FDIC in Lexington, KY, where he became a commissioned examiner in 1993. Soon after earning his commission, Richard began his Information Technology career that continues to serve him well today. He has examined banks with less than $10 million in assets all the way into the billions throughout the United States. Until recently, he has focused on examining large technology service providers and data centers. Richard currently serves as one of the Atlanta Region’s IT examination specialists. He has attained several certifications such as the Certified Information Systems Auditor, Certified Information Systems Security Professional, Certified Fraud Examiner, and Certified Business Continuity Professional. Richard has taught and helped develop IT courses for the FDIC including the Cybersecurity Initiative for the FDIC and Bankers.

 

LODGING INFORMATION

The NCBA has secured a discounted rate of $139/night for our attendees at the Greensboro – High Point Marriott. To secure this discounted rate, please use the link below or call the hotel directly at 336.852.6450 and request the NC Bankers Association rate for the night of November 13. The last day to book this discounted rate is Wednesday, October 23.

Please note that attendees are responsible for securing their hotel reservations.

Book your group rate for North Carolina Bankers Association

Nov
19
Tue
Basic Commercial Lending School @ TowneBank (formerly Paragon Bank)
Nov 19 – Nov 20 all-day

Registration will open on September 4.

PROGRAM INFORMATION

The course is designed to prepare bankers who prospect business banking loan requests to analyze the typical metrics used to approve these requests. The instructor will provide an overview of the commercial lending environment and how lenders should consider global cash flow, loan-to-value, and other factors when assessing loan decisions. Discussions will also include mitigating credit exceptions and good prospects. Participants will be guided through case studies to reinforce concepts.

Learning objectives include:

  • Calculating and analyzing global cash flow
  • Evaluating guarantor strength
  • Proper loan structure
  • Basics of income properties
  • Evaluating non-real estate collateral

Who should attend: Lending staff seeking an introductory understanding of commercial credit. We often host new business bankers and experienced branch managers with new commercial loan goals. The course will benefit lenders with loan authority and lenders operating in a centralized lending environment.

 

SPEAKER INFORMATION

Andy Nenni has been providing training and coaching for bankers involved in consumer and commercial lending and has created custom training programs for banking associations and financial institutions. Courses include improving sales, consumer lending basics, performing real estate evaluations, and beginner through advanced C&I and CRE underwriting skills. Andy weaves over fifteen years of banking experiences and stories into each class and uses real world examples to reinforce concepts and entertain attendees. He has served as a Personal Banker, Credit Analyst, Commercial Lender, and Chief Credit Officer in community and national banks. Andy earned a Bachelor of Science in Accounting at Kansas State University and a Masters of Business Administration at East Carolina University.

 

LODGING INFORMATION

The NCBA has secured a discounted rate of $159/night for our attendees at the North Raleigh Hilton. To secure this discounted rate, please call the hotel directly at 919.872.2323 and ask for the NC Bankers Association discounted rate. This rate includes complimentary transportation to and from the North Hills Mall. The hotel is located two miles away from the NCBA.

Please note that attendees are responsible for securing their hotel reservations.