Hebron, MD — Community bankers around the country gathered in Washington recently to discuss the latest challenges currently facing community banks across the country, according to Jennifer Poulsen, President & CEO of Hebron Savings Bank.
Poulsen, who attended the ABA Community Bankers Council meeting November 17-19, said the bankers talked at length about public policy, operations and business issues that might impact the nation’s hometown banks and their communities.
“Community banks are such a vital part of our financial industry’s infrastructure,” said Poulsen. “The strength and success of these banks have a great impact on the vitality of the communities they serve.”
Bankers had lengthy discussions on public policy, such as deposit insurance modernization, as well as business and operations priorities like market structure and agricultural issues. Council members also had a chance to exchange ideas on ways to generate growth while managing financial risks, prevent fraud, leverage technology, develop the next generation of bankers, and many other business and operations best practices.
The ABA Community Bankers Council, which meets twice a year, is made up of approximately 100 bankers across the country from institutions with generally less than $5 billion in assets. Members are appointed by the ABA chair.
Hebron Savings Bank is a community-focused financial institution dedicated to providing personalized service and comprehensive financial solutions to its customers. With a history of strong community involvement since 1910, Hebron Savings Bank strives to be the trusted financial partner for families and businesses across the Delmarva Peninsula.
