Financial Institutions Conference

606  |  Conference  |  Update  |  Scheduled

Description

A Live Stream version of this event is available here.

If you work in the banking field, TSCPA’s Financial Institutions Conference is your one-stop shop to get the latest information and network with other CPAs from around the state. 

The conference kicks off with an update from Tennessee Department of Financial Institutions Commissioner, Greg Gonzales, and a political banking update. This year’s conference features an annual update on accounting, auditing and financial institutions taxation. Tom Williams will present on implementing an incident response plan, and lead economist of the Federal Reserve Bank of St. Louis, Bill Emmons, will provide an economic update.

Stay ahead of the curve when it comes to the rapidly changing landscape of your profession by joining your colleagues at this year’s TSCPA Financial Institutions Conference.

Credits

Number of Credits Type of Credits
4.00 Accounting
1.00 Economics
2.00 Information Technology
1.00 Taxes
6.67 CLE

Prices

Member (Early Bird)
$355.00
Non-Member (Early Bird)
$455.00
Member
$405.00
Non-Member
$505.00
Your Price: $505.00

This is your base price and does not reflect any additional session fees, optional add-ons, or guest registrations.

Members log in and save $100.00 on this event. Not a member? join today.

September 30, 2019

8:00am - 8:50am (Central Time)
$0.00

The Commissioner will provide an overview of the banking environment and what is happening with the FFIEC.

Speakers:
8:55am - 9:45am (Central Time)
$0.00

Congressman Rose will provide a congressional banking update.

Speakers:
10:00am - 11:40am (Central Time)
$0.00

When a customer opens an account at your organization, they do so with the trust that their data and their identity will be protected. Let’s face it, due to the increasing amount of successful cyber-attacks that have been highlighted in the news, that trust has been broken between many businesses and their customers. The issue is how do you avoid losing your customer’s trust by maintaining the integrity of their vital information. The first step is to have a plan in place to address a cyber incident. To ensure effectiveness of the plan, it must be tested throughout the organization and under multiple attack scenarios. Many organizations have Incident Response Plans (IRP) to address a cyber-attack, the question is how effective are those plans? A plan that is not properly tested instills a false sense of security that the organization is protected.

Through this fast paced, interactive exercise, we will provide a model for testing the IRP that goes beyond the typical table-top method of testing. The drill will test your ability to react to a cyber incident. You will be grouped on a team with your peers and assume the role of the Incident Response Team (IRT) for a factitious organization. As the IRT, you will be responsible for navigating through a cyber incident where various situational events will be presented to the team throughout the drill. We will step you through the major milestones required to successfully recover from a cyber event. You will also learn from your peers through collaboration and group discussions.

Speakers:
11:40am - 12:40pm (Central Time)
$0.00

Sponsored by Elliott Davis

12:40pm - 1:30pm (Central Time)
$0.00

This session will cover recent tax matters impacting financial institutions. Topics will include emerging issues related to tax reform, recent developments related to accounting for income taxes and other relevant items impacting banks. Participants will leave the session with a better understanding on how these changes impact their bank or their clients.

1:35pm - 2:25pm (Central Time)
$0.00

This session will feature a panel of experienced bankers discussing process automation that has been implemented at their institutions, including efficiency considerations, benefits, and challenges.

2:30pm - 3:20pm (Central Time)
$0.00

Many economic indicators point to continuing economic growth but market interest rates have declined significantly. Will the Federal Reserve follow market rates lower? If so, will it be due to fears of an economic slowdown, lower inflation pressures or other factors.

3:35pm - 4:25pm (Central Time)
$0.00

This session will include updates on accounting projects that federal regulators have completed or are in progress. This session will also provide an update on FASB projects such as leases, revenue and other projects related to community banks.

$25.00

In order to select CLE credits, please login to your account or register with your applicable BPR number.

Speakers

Greg Gonzales

Greg Gonzales is the 18th commissioner of the Tennessee Department of Financial Institutions, who began serving in this role in 2005, and was reappointed by Governor Bill Haslam. He has served in the department since 1986. In this position, Gonzales serves as Tennessee’s chief regulatory officer of all state-chartered depository and licensed non-depository financial institutions. Additionally, he has served as assistant commissioner and general counsel for the department.

Gonzales is a past Chairman of the Conference of State Bank Supervisors (CSBS), which is the professional organization of state banking commissioners in the United States. Commissioner Gonzales, for a number of years, served as a member of the Board of Directors of the Money Transmitter Regulators Association (MTRA), an organization of a majority of the states that regulate funds transfer companies. He serves as Chairman of the State Liaison Committee that incorporates the state supervisory perspective into the Federal Financial Institutions Examination Council. The FFIEC affects regulatory guidance on all depository financial institutions in the United States. He served on the U.S. Treasury’s Bank Secrecy Act Advisory Group. Commissioner Gonzales currently serves on the Board of Directors of the Tennessee Financial Literacy Commission. Gonzales also currently serves on a national task force studying how new technologies are affecting the U.S. payment systems.

Commissioner Gonzales was born in Cookeville, Tennessee and graduated Cum Laude in Cursu Honorum with a bachelor’s degree from Tennessee Technological University in 1980. Gonzales served as a research assistant in 1980 to Sir Patrick Cormack, a Conservative Party member of the British Parliament. He earned a law degree from the University of Tennessee in 1984.

Commissioner Gonzales is an avid baseball fan and has rooted for the Chicago Cubs since the 1960s, which has taught him great life lessons in perseverance and that loyalty is eventually rewarded.

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John Rose

Congressman John Rose currently represents the 6th Congressional District.

In a rare honor for a freshman Congressman, John has been named to one of the most powerful committees in Congress, House Financial Services, which gives him a platform from which to advocate for affordable housing and push back on the onerous federal regulation of local community banks across the Sixth District.

Rose grew up in Cookeville, Tennessee in Putnam County and is a lifelong resident of Tennessee's Sixth Congressional District. As a child, he worked with his father on their family farm in the Temperance Hall community in DeKalb County to continue the family farm's 200-year legacy. John graduated from Tennessee Technological University in Cookeville with a bachelor's degree in agribusiness economics. He went on to complete his Master of Science in agricultural economics at Purdue University and his Juris Doctorate at Vanderbilt University.

After law school, Rose co-founded Transcender Corporation, a company that earned the prestigious Music City Future 50 Award five consecutive years. Transcender Corporation was sold in November 2000 to Information Holdings, Inc. later becoming part of Kaplan, Inc., a wholly-owned subsidiary of Graham Holdings Company, formerly known as the Washington Post Company. Rose currently owns and is the president of Boson Software, LLC, which trains IT professionals across the country.

In 2002 at the age of 37, Rose was appointed Commissioner of Agriculture for the State of Tennessee, and has chaired the Tennessee State Fair Association since 2010

John and his wife Chelsea have always been active in their community and enthusiastic supporters of Future Farmers of America, the Tennessee State Fair, and Tennessee Technological University.

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Tom Williams

Tom Williams is the Business Continuity/Cyber Security Strategy Manager for the Gladiator Division of Jack Henry of Jack Henry & Associates, Inc. (JHA). Tom’s responsibility includes educating and assisting clients in selecting the proper strategies and solutions for dealing with unplanned outages and cyber-attacks.

Tom has been in the business continuity / cyber-security role with Jack Henry for 19 years. Prior to joining Jack Henry Tom worked for IBM for 23 years where he spent his last 13 years with IBM as a Business Continuity Consultant.

Tom is an established presenter on topics related to business continuity/disaster recovery and cyber-security. He is a 13-year member of the National Speakers Association (NSA). He teaches business continuity and cyber-security as a faculty member of the Graduate School of Banking at the University of Wisconsin and the Graduate School of Banking at Colorado. He is the sole developer and main facilitator of the Interactive Mock Drill approach to testing both business continuity and cyber incident response plans.

Tom has a B.S.B.A. from Wayne State University in Detroit, MI and a master’s degree in management from Walsh College in Troy, MI. He resides in West Bloomfield, MI and enjoys photography and biking.

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Michael J. Giammalvo, CPA

Mr. Giammalvo is the national practice leader for the firm’s financial services tax group where he oversees the delivery of tax consulting and compliance services to many of the firm’s financial services clients throughout the United States. He is also currently serving as a member of the firm’s Board of Directors and also leads the firm’s tax strategy efforts.

Mr. Giammalvo is personally involved with over 50 financial services clients that range from start-up de-novo banks to multi-state public companies with 20+ billion dollar balance sheets. He works extensively in the areas of strategic tax planning, mergers and acquisitions, financial accounting for income taxes, financial accounting for uncertain tax positions, stock-based compensation plans and IRS and state tax examinations. He is also a subject matter expert on Subchapter S corporation matters.

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Judy Long

Judy Long is the President and Chief Operating Officer for First Citizens National Bank. She has been with the bank since 1974. She received her B.S. in Finance from Union University.

Long has been active in industry affiliations and is an advocate of smaller community banks. She was elected President of the FIS Horizon Division Community Bank Share Board in 1998; in 2011, she was appointed to the Horizon Charter Bank Board of Directors of Fidelity National Information Systems. She serves on the CEO SPAC Board for FIS, along with the HORIZON Strategic Planning Board. Long has served on the Board of Directors of Southern Financial Exchange Regional Payments Association since 2003. She has served in various positions, including Chairman of the Board (2015-2017) and Executive Committee (2008-2009) and also served as Conference Chairman in 2004 and 2008.

Long is active in Tennessee Bankers Association, serving as Chairperson of the Tennessee Bankers Technology Conference in 2010; she has served on the conference organizing committee since 2004.

She has been a conference speaker and participant for these organizations for many years. Long represented community banks through service on the Board of Directors of NACHA, The Electronic Payments Association, from 2010 to 2016 and served on the Payments 2010 Conference Planning Committee. She is heavily involved in all aspects of organizations involving Payments and Operations. She has served on various community boards throughout her career in banking. Long currently serves as Chairman of the Board of Directors for United Way of West Tennessee; she previously served as Vice Chair of the Board of Directors, as well as Chairman of the Audit Committee.

An active member of Dyersburg Rotary Club since 1990, Long currently serves on the Board of Directors for the Breakfast Rotary Club. Long served as 2013 Chairperson of the Dyersburg State Community College Annual Fund Campaign. She served as Chairperson of the DSCC Dyer County Annual Fund Campaign for 3 consecutive terms starting in 2010, and she continues to serve on this committee. She serves on the Board of First Citizens Bancshares, Inc. and First Citizens National Bank.

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Robert B. Bradley, MBA

Robert Bradley is the Executive Vice President, Chief Risk Officer for Bank of Tennessee in Kingsport, TN. He has a bachelor’s degree in Accounting from Bob Jones University, and earned an MBA with concentrations in Banking and International Business from the University of South Carolina.

Bradley is a licensed CPA (now inactive), has completed the Southeastern School of Commercial Lending and is a graduate of the Graduate School of Banking at LSU. Bradley worked in public accounting before joining Bank of Tennessee in 1999. He has served in banking roles including controller, credit analyst, commercial lender, and chief credit officer.

Bradley lives with his wife and eight children in Blountville, TN, is a deacon and treasurer in his church and serves as head coach for the Kingsport Area Christian Home Education Association (KACHEA) cross country team. When he can find the time, he enjoys trail running.

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Clark Oakley

Clark Oakley is the Chief Operating Officer and an executive vice president at Wilson Bank & Trust, a $2.6 billion institution with 28 full-service offices serving Middle Tennessee. He attended the Graduate School of Banking at LSU and the Southeastern School of Banking at Vanderbilt University, and is also a graduate of Middle Tennessee State University and the Tennessee Bankers Association’s inaugural Executive Development Academy.

Clark loves being a banker. He started in the industry at age 16, and his roles in financial services have included everything from customer service rep to mortgage processor to office manager to bank executive. These days one of his major areas of focus is process improvement, where his successes have been keyed by gathering varied perspectives and involving impacted employees on the front end of projects.

In his community, Clark serves on the board for United Way and he’s a member of Rotary International and Gideons International. He also serves as a deacon and finance chairman at his church, First Baptist Church in Alexandria, Tenn.

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Clayton S. Greer, CPA

Scott is Executive Vice President, Chief Financial Officer (CFO) and Chief Operations Officer (COO) for Citizens Bank headquartered in Elizabethton, TN. Citizens Bank has over $700 million in assets and 12 offices serving the Tri-Cities area of East Tennessee and Southwest Virginia.

Scott is a 2002 alumnus of the Graduate School of Banking at Colorado and 1992 graduate of the Tennessee School of Banking at Vanderbilt. In 1985, he graduated magna cum laude from East Tennessee State University obtaining his Bachelor of Business Administration (BBA) degree.

Scott is a Certified Public Accountant (CPA), a member of the American Institute of Certified Public Accountants (AICPA) and the Tennessee Society of Certified Public Accountants (TSCPA). He serves on the TSCPA Financial Institutions Committee and has served on committees of the Tennessee Bankers Association (TBA).

Scott serves on the boards of directors for Providence Academy and Northeast State Community College Foundation. He is member of the Johnson City Kiwanis Club where he is a past-president and was Kiwanian of the Year in 2007 and recipient of a George Hixson Fellow in 2004. He and his family are members of Grace Fellowship Church, Johnson City.

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William R. Emmons

Bill Emmons is an Assistant Vice President and Economist at the Federal Reserve Bank of St. Louis. He also serves as Lead Economist in the Bank’s Center for Household Financial Stability (HFS) and as President of the St. Louis Gateway Chapter of the National Association for Business Economics (NABE). He conducts research and speaks frequently on topics including the economy, housing and mortgage markets, banking, financial markets, financial regulation, and household financial conditions.

Mr. Emmons has been with the St. Louis Fed since 1995. He also serves as an Adjunct Professor of Finance in the Olin Business School at Washington University in St. Louis. Prior to joining the St. Louis Fed and Washington University, he was on the faculty of the Amos Tuck School of Business at Dartmouth College, in Hanover, New Hampshire.

Mr. Emmons received a PhD degree in Finance from the Kellogg School of Management at Northwestern University. He received bachelor's and master's degrees from the University of Illinois at Urbana-Champaign.

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Wynne E. Baker, CPA, CBA, CFSA, CFF

Wynne is a director in the Financial Institution Advisory Group of Saltmarsh, Cleaveland & Gund, specializing in advisory services, relationship management, industry training and public speaking. With more than 40 years of experience, Wynne has advised financial institutions through all stages, from consulting on the establishment of new bank charters to buying failed banks from the FDIC. He also has decades of litigation expertise and has served as an expert witness in court cases related to bank failures and frauds across the country.

Well-known for his contributions to industry standards and education throughout his career, Wynne is respected nationally as an authority on the Current Expected Credit Losses (CECL) model, developed by the Financial Accounting Standards Board (FASB) to replace current impairment models, is the author of the AICPA’s premier bank course, Introduction to Bank Accounting and Auditing and was co-editor of the Handbook of Financial Management for Banks published by McGraw Hill. He has led training for the FDIC and OCC and has been recognized as an Outstanding Speaker by the Florida Institute of CPAs and the Tennessee Society of CPAs.

Wynne currently serves on the Board of Directors for Sevier County Bancshares, Inc. and Sevier County Bank and is also a member of its Audit and Compensation Committees. Throughout his career, he has served on a number of national boards, including the AICPA’s Board of Directors and Foundation Board of Trustees, Strategic Planning Committee, Banking and Savings Institutions Committee and Banking Conference Committee.

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