The CommunityBanker 6 October 3-5, 2021 Hotel Roanoke & Conference Center VACB members gathered at Hotel Roanoke in early October for a live, in-person convention after a 24-month hiatus and a virtual convention in 2020. Although attendance was a little lighter due to concerns over COVID, members were excited to be meeting in person and spent the three days in Roanoke enjoying time together and bringing VACB’s formula for convention success to life. The VACB annual convention works on a three-prong process — focusing on trends in the banking environment, exposure to the latest offerings from our Associate Members and great networking opportunities. The two Business Sessions were on target with valuable information, insight, and inspiration. The morning began with the membership approving the slate of officers for 2021-2022. Next was an economic overview presented by Dr. Robert Genetski, who provided an outlook for the economy and financial markets. In addition to discussing government policy changes and how they will affect various parts of the economy, Dr. Genetski presented his thoughts on Virginia’s economy and how the Commonwealth faired throughout the pandemic compared to other states. Our next presenter, Dan Stimpson from ICBA Securities, presented his view on the changing landscape of liquidity. Dan shared best practices for liquidity risk management, regulatory expectations, and various strategies banks can deploy to maintain the correct mix of liquidity and core earning assets. The final presenter Monday was Brian Plum with Blue Ridge Bank. He led a lively Q&A discussion with VACB President Steve Yeakel on Blue Ridge Bank’s entry into the VACB 2021-2022 Board of Directors
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