A Conversation with Missouri Division of Finance Deputy Commissioner In June, Bart Stanley was promoted to the role of Missouri Division of Finance Deputy Commissioner by Commissioner Mick Campbell. Bart has served as chief examiner since July 2022 and has over 34 years of bank regulatory experience, including the last 24 years with the Division of Finance. We recently had the chance to sit down with Bart and learned more about him and his new position. The following are excerpts from our conversation. What will you be doing in your new role as deputy commissioner? I’ll be helping Mick with the division’s overall administration. I’ve spent my whole career on the banking side. I’ll be learning more about non-bank sections, mortgage, consumer credit, the administration of the office, and budgetary and legislative issues. I’ll also be sharing more public speaking responsibilities with Mick. He and I have been talking about how we’re going to divide up the duties. Over the past year, we’ve been handling things on an as-needed basis. I’m Stanley Bart looking forward to relieving some of the burden that has been on Mick and learning more about the overall management of the division. What are you hoping to accomplish during your first year in this position? I plan on continuing the progress that Mick has made over the past few years with a focus on improving morale, keeping up training efforts, and making the division more efficient. I’m looking at revitalizing some old internal training practices, including a program to reach out to colleges and universities. Whether we teach a class or are available to talk to students in finance, banking or economics, we want to let them know that we exist as an agency and the benefits of the dual banking system. Regardless of whether they come to us after they graduate or go to a bank, we want good people on both sides. Additionally, I want to ensure that we have time to keep up with fintech and AI to understand how they will impact us and the banks. What, if any, challenges do you foresee? Fintech is increasing competition and the complexity of how bankers do their jobs. While there’s value in those partnerships, it needs to be on a walk, not a run, basis. Banks should ease into these things. 18 | The Show-Me Banker Magazine
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