14 Hoosier Banker October 2014 CONVENTION COVERAGE Thank you for electing me as your chairman of the board of directors of the Indiana Bankers Association for 2015. It truly is an honor to be elected, and I am humbled by the confidence you have shown in me. Dave Heeter has done an outstanding job as chairman this year, and I look forward to his wise and experienced counsel and advice next year. Last fall the board of directors, some past chairmen, and senior staff of the IBA held a strategic planning meeting. Many of you assisted in this process by completing a pre-meeting survey, designed to provide us with your vision for the future of IBA and the banking industry. Thank you for providing that input. We reviewed every comment and tallied all of the responses, and ended up with five overarching strategies: 1. Maintain strong financial position and robust reserves. Because we have no way of knowing how many more consolidations will occur in Indiana, we are prepared financially to maintain current levels of service well into the future, and we are positioned to take advantage of opportunities that may become available. 2. Expand the use of technology. Technological advances, at both the IBA and for member banks, continue at a rapid rate. We will focus more attention to analyzing those advances and screening what might be most valuable to help all of us to remain efficient and to enable us to provide an outstanding customer experience. 3. Expand product and service offerings. IBA has been a leader in this area throughout the country and across industry associations for many years. It is important that we work with you to maintain that leadership, particularly in the areas of compliance, audit, IT and loan review. Recently many of you completed a survey focused specifically on product and service relationships. We are still analyzing the results, and we look forward to progressing toward the direction which your answers point us. 4. Proactively assist with developing the next generation of bank leaders. We all know the importance of leadership development for our young people throughout the industry. While we believe we have been doing a good job, we will place a higher level of emphasis on leadership development. Any ideas you may have would be much appreciated to help us better serve your needs. 5. Reinvent the Association for long-term viability. Because of the aforementioned bank consolidation, we have to be receptive to cross-state-line combinations, combinations with other in state financial services trade groups, and partnerships with members to provide services. While IBA has been at the forefront at remaining viable to and for our members, we About the Author Larry W. Myers, 2015 chairman-elect of the Indiana Bankers Association, is president and chief executive officer of First Savings Bank, Clarksville. He additionally serves on the bank’s board of directors and as president of the First Savings Charitable Foundation. Myers joined First Savings Bank in 2005 as chief operating officer and was named to his current position in 2006. He previously had served since 1982 with National City Bank, most recently as area president of Southern Indiana. Myers is a member of the St. Louis Federal Reserve Community Depository Institutions Advisory Council; he also has been active with the American Bankers Association on the community bank council and as past member of the mutual council. He serves the community as vice chairman of the Lincoln Heritage Council of Boy Scouts of America and through One Southern Indiana-Chamber of Commerce. A certified trust financial adviser, Myers has Series 7 and Series 66 licenses. He is a member of the IBA Government Relations Committee and has served the IBA board as second vice chairman. Myers earned bachelor’s and MBA degrees from the University of Kentucky, plus completed the Graduate School of Banking of the South and the Cannon Trust School. Looking Forward to Success in 2015 Annual Convention address by: Larry W. Myers First Savings Bank, Clarksville IBA Chairman-Elect 2015
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