6 JULY / AUGUST 2022 The lazy days of summer aren’t lazy at all for the Indiana banking community. During these warm summer months, you stay busy supporting the communities you serve, and the Indiana Bankers Association keeps busy supporting you in your efforts. So that we stay on track in providing the products and services you need, your staff at the IBA is now following a new strategic plan, designed to carry us through the next three years in a manner that promises a bright future. You can view the 2022-2024 strategic plan at indiana.bank/strategic-plan, or click on the graphic on this page in HB Digital. The plan was drafted following a survey of IBA members that confirmed high marks for the Association, putting us in the enviable position of determining how to build from good to great. The resulting plan has five pillars: Next-Level GR, Next-Level Talent, Operational Effectiveness, New Ventures and Future Opportunities. Within each of these pillars are multiple objectives and strategies. From a macro view, there are some highlights to the strategic plan I’d like to quickly share. One is an initiative to forge stronger connections between bankers and legislators. The objective is to streamline relationship-building to create a catalogue of resources in preparation for grassroots calls to action. An additional highlight is that we’ll be seeking new non-dues revenue. The IBA has long been at the lowest level of dues caps among state bankers associations in the country. To continue this legacy, we need to plan ahead for anticipated contraction in the industry. We’ll also be exploring ways to streamline our communications. Our goal is to send you the appropriate amount of emails and mailings to maximize efficiency. VANTAGE VIEWPOINT Don’t Miss Out! Another highlight is that the plan addresses diversity, equity and inclusion. Feedback from the IBA-member survey indicated that we need to be focusing attention on DEI, and we need to do it well. Accordingly, the IBA has assembled a task force of DEI experts that we will be meeting with during the next three years to create a useful road map for members. The strategic plan additionally emphasizes being ready for the future by having the IBA collaborate with other organizations. In this arena, we already have a major development. The IBA recently signed a management services agreement with the Indiana Mortgage Bankers Association, paving the way for the IBA to manage all MBA operations starting next year. This arrangement will complete a natural progression that has been underway for some time, since both associations serve similar purposes and overlapping audiences. The IBA has the capacity to fill some managerial gaps that the MBA had been experiencing, so it makes sense for us both to operate under the same auspices. The agreement goes into effect April 1, 2023. Finally, I’d like to point out that the strategic plan includes a new aspirational statement for the IBA: “The Indiana Bankers Association strives to grow stronger banks and stronger communities.” This aspiration summarizes our ultimate purpose of helping Indiana banks to be stronger, which in turns helps strengthen Indiana communities. It’s a privilege to serve you in this regard. HB Amber R. Van Til President and CEO Indiana Bankers Association avantil@indiana.bank @grbanker FLD Leadership Conference Aug. 18-19 Emerging leaders build skills and strengthen networks at this Future Leadership Division event. Annual Convention Sept. 11-13 This year’s event celebrates IBA’s 125th anniversary as bank leaders convene and connect. Banking on Women Conference Nov. 2-3 Women in banking gather to unlock potential and own the future. For event updates, visit: indiana.bank/calendar
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