It's been a tumultuous year for U.S. community banks. In early 2019, the rising-rate environment gave banks an opportunity to expand margins, despite rising funding costs. But then the yield curve inverted, the Fed announced rate cuts in late July and September 2019, and the rate environment took a sudden turn for the worse. The industry is bracing for an economic downturn, with 47.5% of economists predicting that the next recession will start in 2020. If bank management teams just take what the market gives them, it could be tough going. Instead, community bank executives need to rethink their strategy — and strategy is all about trade-offs. Bank leaders have to reexamine not just the strategy governing their banks’ core spread business, but also strategy related to technology, relationships with core providers, and talent development, all of which are top-of-mind issues.
In panels, networking events, and one-on-one conversations, we will discuss what it takes to lead a high-performing community bank now and in the future, and ensure community bank executives walk away with solutions for today and vision for tomorrow. Discuss strategy, optimization, and performance while networking with other community bank executives. Celebrate the Top 100 Community Bank winners and learn from the best. S&P Global Market Intelligence offers unparalleled content from the industry’s leading experts, including an exclusive chance to hear from executives of high-performing community banks, including those in the Top 100 Community Banks ranked by S&P Global Market Intelligence.