A few weeks ago I was fortunate enough to attend one of the best conferences I have ever participated; the KY Bankers Association annual conference. The event took place at the spectacular Greenbrier Resort in White Sulpher Springs, WV. There was an amazing group of people with a genuine interest to be there!
Below are some of my key take a-ways from the event:
- The KBA has a great staff. Easy to work with, responsive
- Compliance issues are bigger than ever and are costing local banks a lot of money
- Technology plays a vital role in the day to day operations of a bank
- Companies are still trying to sell AS400’s… technology from 1989
- Banks deal with so many different vendors and waste a lot of time managing those vendors
- Other vendors are behind NetGain Technologies’ managed service capabilities
- There were a lot of great golfers
- KBA members rely on the association for advice and help
- Customers don’t visit the branches as often because of mobile banking
- The FDIC hired IT people to perform audits and are becoming much more strict
Overall, there was a lot to bring back from the trip and I am excited to continue to attend these events each year. I believe I have made some friends for life.