25 Hoosier Banker August 2014 Improve visibility and transparency. The work of compliance is not relegated to one officer or team; it encompasses the entire organization, spanning from the teller line to the boardroom. Examiners’ biggest concerns are centered on whether a bank has the right mechanisms in place to identify risks across the organization and to enforce its compliance policies. Banks that have been successful in their compliance management have systematic, structured programs in place, which provide visibility into their compliance processes and ensure the transparency required for regulatory and board-level oversight. Improving visibility is a win for everyone, as exams are completed in less time when regulators and auditors can quickly see that the institution’s compliance methodology is orderly, consistent and comprehensive. Conclusion. Community banks are faced with the most oppressive regulatory storm in history, as they deal not only with increased regulatory changes, but also are forced to anticipate regulators’ heightened expectations. Managing compliance the same way that it’s always been done – creating endless spreadsheets, throwing more people and money at the problem, reacting to each new regulation rather than planning a strategic approach – no longer works. By standardizing, automating and increasing visibility, the compliance process can handle regulatory changes with speed, accuracy and agility – no matter what lies ahead. t Michael D. Cahill has joined the board of directors of Centier Bank, Northern Indiana. He is president and chief executive officer of AWS Foundation, Fort Wayne, and former president and CEO of Tower Bank. A certified public accountant, Cahill has more than 30 years of business experience. Among other activities, he serves as treasurer of Greater Fort Wayne Inc. and on the boards of St. Joe Community Health Foundation and of Gibson, South Bend. Cullen McCarty has joined the board of The Peoples State Bank, Ellettsville. He is the executive vice president of Smithville Communications. McCarty serves on the government affairs committee for the National Cable and Telecommunications Association, as well as the boards for the Arkansas Telecommunications Association, Greater Bloomington Chamber of Commerce, Radius Indiana, the Jacobs School of Music Alumni and the Singing Hoosiers Alumni Council. He also is a member of the Bloomington Sunrise Rotary Club. McCarty earned a bachelor’s degree from Indiana University. Steven Hentgen has joined the board of Crossroads Bank, Wabash. He is president of Grandstaff-Hentgen Funeral Service Inc. and of Memorial Lawns Cemetery Inc. Hentgen is a member of the Wabash Kiwanis Club, Wabash Optimist Club, Wabash Masonic Lodge #61, Fort Wayne Scottish Rite, Mizpah Shrine, Wabash Shrine Club, Wabash Elks Lodge and Wabash Moose Lodge. He serves as president of the board of the Wabash Community Foundation and on the board for the overseers of the Honeywell House and the Wabash County Hospital Foundation board. He is a graduate of the Indiana College of Mortuary Science. John B. Willis has joined the board of Centier Bank, Northern Indiana. He is president and chief executive officer of MBAH Insurance, Lafayette. Willis is active in the community, serving as chairman of the Lafayette Family YMCA Foundation, chairman of the facilities management committee of the YWCA of Lafayette and finance committee member of Saint Mary Cathedral. t From THe Board room First Bank Richmond, NA, has recognized associates celebrating milestone anniversaries during 2014, including Linda Davis, consumer loan processor, who has completed 20 years of service. t anniversary milesTones Lyle Roger Brighton, 95, retired chairman of the board of Owen County State Bank, Spencer, died July 27. Additionally he was 1979-80 chairman of the Community Bankers Association of Indiana. Brighton served with Owen County State Bank from 1947 to 1984; upon retirement as president, he served an additional 14 years as chairman. His community outreach included service on the Gosport Volunteer Fire Department, on the board of Indiana Baptist Home, as president of the Spencer Chamber of Commerce, and as a member of the Gosport Lions Club, American Legion and Gosport Baptist Church. He was granted the Outstanding Community Service Award to Owen County in 1984 from the Spencer Chamber of Commerce and the Gosport Lazy Days Outstanding Gosport Senior Citizen in 1987. Brighton was a veteran of World War II, serving in the U.S. Army Finance Corps, and was a member of the Indiana Bankers Association Forty Year Club. t in memory oF Continued from facing page.
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