2020 Vol. 104 No. 5

Hoosier Banker 21 the investment portfolios that hold banksubordinated debt. Sticking to the Plan We have always been big proponents of having a written strategy. A written strategy lets you proactively manage the investment portfolio instead of being sold “the bond of the day.” Your investment strategy should be intertwined with your balance sheet needs and overall risk appetite. If an investment doesn’t fit your investment strategy, then pass on it. Having a written investment strategy helps strengthen your corporate governance, and there’s an added bonus of having some tangible to show to the regulators. The banking industry is likely to have some challenging days ahead due to the recession caused by the COVID-19 pandemic. Now is the time to work toward mitigating your credit risk and not reaching for more. Know what you are buying, understand the risks, and ask questions! HB STAFF CELEBRATION Congratulations to Marcy Borden, CMP, education meeting coordinator at the Indiana Bankers Association, who earned designation in August as a certified meeting professional by the Events Industry Council. The CMP designation is regarded as the badge of excellence in the events industry. Richard “Buzz” Horton, chairperson of the board of Alliance Bank, Francesville, has retired after decades of board service. He devoted his career to farming on his family’s land outside of Monon and was affiliated with several bank boards of directors. HB TAKING IT EASY CINNAIRE.COM To bring meaningful transformation to a community you need to be part of the community. Know the people. Understand their needs. Create a shared vision. And deliver capital, development capacity and trusted partnerships. Over 25 years, we’ve delivered more than $7.3 billion in community impact. And our commitment to creating healthy communities has never wavered. The Return on Investment: Safe, Affordable Homes. Healthy Communities. Better Lives. INVESTING IN INDIANA COMMUNITIES FOR MORE THAN 25 YEARS. Transforming Communities. Transforming Lives. Borden joined the IBA in 2015 to assist with the promoting and presenting of IBA seminars, schools, webinars and teleconferences. Her background includes service with the Indiana Department of Transportation, the Department of Sociology at Purdue University and Daka International, as well as experience as a small business owner and freelance journalist. Borden is a graduate of Arizona State University. HB

RkJQdWJsaXNoZXIy MTg3NDExNQ==