O Amber R. Van Til President and CEO Indiana Bankers Association AVanTil@indiana.bank Vantage VIEWPOINT BY AMBER R. VAN TIL, INDIANA BANKERS ASSOCIATION 1 Annual Convention Sept. 8-10 Indiana bank leaders convene, connect and conduct IBA business in scenic French Lick. 2 IBA Annual Washington Trip Sept. 23-25 Join the chorus and make your voice heard on industry issues at the Capitol. 3 Banking on Women Nov. 6-7 Women in banking gather to unlock potential and own the future. Kirby Davidson (left), president and CEO of the Graduate School of Banking at Wisconsin, and Kirby Drey (right), president and CEO of Kentland Bank, present GSB scholarships to three employees of IBA-member banks – Mark Walker of Citizens State Bank, New Castle; Jennifer Doffin of Centier Bank, Merrillville; and Dan Hendrickson of Peoples Trust & Savings Bank, Boonville – during the keynote luncheon on Tuesday, May 7, 2024, at IBA’s Mega Conference at the Indiana Convention Center in Indianapolis. Our mission at the Association is to grow stronger banks and stronger communities. One of the ways we do that is by providing resources to help our members and your employees institute best practices for areas like internal human resources or external communications and public relations. With this issue of Hoosier Banker, we are excited to roll out a new resource for an area where many of our members are unsure of how (or if) to start – Diversity, Equity and Inclusion. This is a space that is fraught for many as it has been politicized, so it was part of our Board’s current three-year strategic plan to create a resource to help members weed through the talking points and find what it might look like in your individual institutions. The business case cannot be denied: Companies in the top quartile for gender diversity on executive teams are 39% more likely to have above-average profitability than companies in the bottom quartile¹; 62% of Gen Z job searchers said they were more likely to apply to a company with a stated commitment to pay equity, helping you establish the next generation of your workforce²; and employees who trust that they and their colleagues will be treated fairly regardless of race, gender, sexual orientation and age are 5.4 times more likely to stay with that company for a longer period of time³, lowering your turnover costs. Our new Diversity, Equity and Inclusion Roadmap was designed by a committee of your fellow Indiana bankers to answer questions you may have and then, regardless of how much work you have done in this space before, help you find your on-ramp to get to where your board and executive staff decide you should go. The recommendations are based on best practices committee members learned while implementing these programs at their own institutions. Some of those committee members wrote articles in this issue, starting on page 10, with more insight into their experiences. You can download the Roadmap using the QR code on pages 7 and 11. As with all our resources, no program that is suggested in the Roadmap is required for our members to implement; we offer them for your consideration to use to whatever extent makes the most sense in your context and for your organization. 1 McKinsey, 2023 - https://mck.co/3VGIh2j 2 Handshake, 2021 - https://bit.ly/3RHKg5E 3 Great Place to Work, 2023 - https://bit.ly/4ckZYM7 DON’T MISS OUT 6 HOOSIERBANKER
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