The best way to approach management succession planning is by taking a broad perspective. Instead of focusing on the potential problem of succession planning for top positions, consider a talent management program to address succession planning at all levels. [Continue]
As more and more banks take advantage of convergent technologies and cross marketing, including retail banking, investing, insurance, mortgage and college financing, they’re pushing the hell out of “tell and sell” — and pushing consumers right to the edge. [Continue]
Regulators are teeing up CRA for additional reform; I hope simplification, clarity and fairness are among the goals this time around. [Continue]
In the final installment of our M&A series, we cast an eye on employment agreements. In any transaction the treatment of people who work at the selling organization is as important as any other facet of the deal. [Continue]
A recent order from the SEC indicates concern that private companies must comply with the exact same rules as publicly-traded companies. [Continue]
Continuing the special contract provisions discussion, how should you treat third party vendor agreements, and the allocation of payments for any fees that may arise out of the disposition of those? [Continue]
For many community banks, deposits are a big issue. Statistics show that deposits are coming into the banking system, but most customers are stashing their cash with the bigs. [Continue]
Is the technology you’ve invested in really making the right difference in your organization? Consultant Jeremy Neuharth offers strategies to find out. [Continue]
Special covenants are always at the heart of the deal, but certain operating covenants set an expectation between buyer and seller on the operation of the organization from the date of the agreement through closing. [Continue]
There can be a push-pull between a buyer’s desire for the seller to stand behind the operations of the bank being sold, and the seller requiring a buyer to perform due diligence and take ownership of the acquired bank. [Continue]