9 Hoosier Banker January 2015 Continued on page 10. COVER STORY The 2015 chairman of the Indiana Bankers Association is balancing his chairmanship of the Indiana Bankers Association with another chair-level leader post this year: Larry W. Myers, 2015 IBA chairman, concurrently is serving as chairman of the Lincoln Heritage Council of Boy Scouts of America. Per the Scout motto of “Be prepared,” Myers is skilled at time management and planning ahead. He also balances his duties with a playful sense of humor, evident in his incoming chairman’s speech at the IBA Annual Convention last fall, and a positive spin on every situation. Larry Myers, 56, serves as president and chief executive officer of First Savings Bank, Clarksville, and additionally serves on the board of directors of First Savings Bank and as president of the First Savings Charitable Foundation. He joined the bank in 2005 as chief operating officer and was named to his current position the following year. Myers began his banking career in 1982 with First National Bank of Louisville, eventually as area president of southern Indiana. He is a member of the St. Louis Federal Reserve Community Depository Institutions Advisory Council and has been active with the American Bankers Association on the community bank council and as past member of the mutual council. A certified trust financial adviser, Myers has Series 7 and Series 66 licenses. He earned bachelor’s and MBA degrees from the University of Kentucky, and completed the Graduate School of Banking of the South and the Cannon Trust School. Myers has been active with One Southern Indiana-Chamber of Commerce and currently is chairman of the Boy Scouts’ Lincoln Heritage Council. He has served the Indiana Bankers Association board as first vice chairman, second vice chairman and southeast region director. Recently Hoosier Banker interviewed Myers at his office in Clarksville. What are your responsibilities as president, CEO and director of First Savings Bank, Clarksville? “My responsibility as CEO is to set the strategic direction of the company and maintain a vision of where we want to go. Though there are significant day-to-day issues to attend to, setting the strategic direction is the first and foremost responsibility. “It is also the role of the CEO to coordinate the efforts, activities, communication and follow-up among shareholders, directors, the executive team, bank staff and customers. A CEO is always involved, continually managing those activities. “We are fortunate that First Savings Bank has an exceptional board. I’ve been in banking for 32 years, plus involved in various businesses and boards before and during that time, and this is one of the best boards I’ve ever worked with. Our directors are very good at helping management establish the strategic vision of where we want to go, then delineating between what is management’s responsibility and what is the board’s responsibility. “I have a great deal of respect for our chairman, Mike Ludden. He and I communicate frequently and are as transparent with each other as we possibly can be. Because we share a vision of where we want to go, we are in agreement 99 percent of the time. “For those rare times that we have different points of view, we’ll talk to determine if it is a board or management responsibility. If it’s a management decision, Mike will allow management to make the call.” Larry Myers: Prepared and Positive Larry W. Myers, is president and chief executive officer of First Savings Bank, Clarksville.
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