Hoosier Banker 51 recognizing that change can be confusing, time-consuming and scary. If you have the flexibility to accommodate an individual’s specific concerns, let them know. 3. Discuss what the employees need to do to get comfortable with the changes. Do they need more information? Do they need time to learn new procedures before they are implemented? They certainly will need your patience as they adjust, and your understanding if they are not initially skilled at the new behaviors. 4. As a leader, you need to define the desired outcome. Allow your employees to participate in figuring out the best way to achieve that outcome. If you do this, you will find they will more quickly “own” the new procedures and behaviors. 5. When your employees struggle with the new “rules of the game,” be forgiving, and encourage them to keep working at it. Acknowledge the effort to change, and they will feel you appreciate that it isn’t easy. 6. When you feel the majority of your folks have successfully transitioned to the new way, take some time to celebrate. Remind them how far they have come, thank them for their efforts, and revisit the benefits of making the changes. This will help them continue to move forward, even when they have setbacks. Remember, change is hard. Change is uncomfortable. Given the choice, most people will choose to not change what they feel has been working for them. Don’t try to manage the change by focusing solely on processes, measurements and results. Instead, try to lead through the change by partnering with your associates and supporting them along the new path you have set for them. HB $85,000,000 Co-Placement Agent 3.25% Fixed-to-Floating Rate Subordinated Notes June 2021 $40,000,000 Co-Placement Agent Citizens & Northern Corporation 2.75% Senior Notes 4.00% Fixed-to-Floating Rate Subordinated Notes May 2021 If you would like to meet with us in person or virtually, feel free to email us. To receive our REGIONAL BANKING STATS REPORT, please email us. Boenning & Scattergood, Inc. is a trusted advisor and partner to the region’s community banks. www.boenninginc.com • Member FINRA / SIPC $15,000,000 Sole Placement Agent 4.00% Fixed-to-Floating Rate Subordinated Notes March 2021 $15,000,000 Sole Placement Agent 4.00% Fixed-to-Floating Rate Subordinated Notes March 2021 Could you use some growth capital? Are you concerned about your undervalued stock? We may be able to help. $20,000,000 Sole Placement Agent 4.00% Fixed-to-Floating Rate Subordinated Notes April 2021 Chad Hull chull@boenninginc.com Chris Chapman cchapman@boenninginc.com Tony Latini alatini@boenninginc.com $35,000,000 Sole Placement Agent 3.25% Fixed-to-Floating Rate Subordinated Notes July 2021 Charlie Crowley charlesc@boenninginc.com $8,000,000 Sole Placement Agent 3.75% Fixed-to-Floating Rate Subordinated Notes November 2021 $75,000,000 Co-Placement Agent 3.25% Fixed-to-Floating Rate Subordinated Notes November 2021 $10,000,000 Sole Placement Agent 3.625% Fixed-to-Floating Rate Subordinated Notes November 2021 Convert to HB Digital to Enjoy: Bonus links to videos, photos and more Portability by phone/mobile device Early access, averaging two weeks ahead of snail mail Switch to HB Digital Hoosier Banker is available free of charge to all IBA members and associate members. To start your HB Digital subscription – or convert hard copy to digital-only – contact Laura Wilson at lwilson@indiana.bank, 317-333-7146.
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