Pub. 4 2014-2015 Issue 6
O V E R A C E N T U R Y : B U I L D I N G B E T T E R B A N K S - H E L P I N G C O L O R A D A N S R E A L I Z E D R E A M S May • June 2015 23 them how satisfaction with the San Francisco office compared with the other FDIC regions across the country. The news was positive in some areas, but fairly negative in others. In the most negative areas, we presented the results according to the years of experience of the examiner in charge. And to no surprise, the most significant challenges were found in those exams conducted by EOC's with under three years’ experience. We left them with six bullet point recommendations on things they could do to improve banker satisfaction with the examination process, substantiated by the data. Based on the question and answer segment of the presen- tation, it was clear the examiners were very interested in the results, but we could sense that they were even more startled by the fact that we had access to this amount of detailed information about the examinations. We are convinced that just knowing we are watching and recording what is happening in these examina- tions will improve the way some examiners approach their job. This is the primary objective of the Regulatory Feedback Initiative, to use transparency to demand accountability and improve the examination process for all banks. This information makes every state bankers association more effective. Not only can we share the aggregated information strategically with the regulatory agencies, we can share it with our members to help them prepare for upcoming examinations. But we can only accomplish these goals if every bank will adopt a policy to take a few minutes after every exam (or visita- tion) to anonymously tell us what happened. Every year, more and more banks are participating when they realize it is a very small price to pay for such an enormous dividend. Contact us today at 303.860.0242 or toll-free at 888.554.5539 with a referral coloradoenterprisefund.org Rocky Mountain Archery Now offering loans up to $500,000 including SBA 7(a) loans up to $250,000 Entry Period Opens May 1 st The American Bankers Association Community Commitment Awards — sponsored by the ABA Community Engagement Foundation—recognize and promote the essential role banks play in their communities. Open to banks of all asset sizes and charters, this national awards program celebrates financial institutions that have demonstrated noteworthy corporate social responsibility. Deadline to enter is July 1, 2015 . aba.com/Awards American Bankers Association 140 years CCA15_Colorado Banker_HalfPageAd.indd 1 4/3/15 1:05 PM
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