FDIC Conference Announcement

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FDIC Conference Announcement

Valuation Management Group wants to ensure our clients are aware of a recent Federal Deposit Insurance Corporation (FDIC) announcement in which the FDIC stated it will bring together community bankers, regulators, researchers, and other stakeholders for a conference on community banking on April 6 in Arlington, Va. As part of the FDIC’s Community Banking Initiative, the conference will explore strategies for long-term success in the community banking sector.

According to the March 22nd announcement, the conference will feature keynotes speakers FDIC Chairman Martin J. Gruenberg and FDIC Vice Chairman Thomas M. Hoenig, and they will offer panel discussions focused on successful community bank business models, key regulatory developments, opportunities and challenges in managing technology, and ownership structures and succession planning.

“Community banks play a vital role in the U.S financial system and economy, providing critical banking services in small towns, rural communities, and urban neighborhoods across the nation,” Gruenberg said. “This conference is about looking forward to the challenges and opportunities facing community banks and strategies for success.”

For any Valuation Management Group Bank Clients interested in participating in the conference, seats are available on a first-come, first-serve basis. The meeting will be held from 9 a.m. to 5 p.m. ET at the FDIC’s L. William Seidman Center located at 3501 Fairfax Drive, Arlington, VA 22226.

Two of the various topics that will be covered are Best Practices in Risk Management and Managing Third-Party Providers.  These are both areas where VMG can assist financial institutions with their appraisal management process and appraisal reviews. Valuation Management Group has 10 years of experience ensuring our bank clients exceed regulatory appraisal compliance.  For more information on the FDIC release please, go to the FDIC’s website or contact Valuation Management Group’s COO, Patrick McMillen at 770-380-3849 or patrick.mcmillen@vmgappraisals.com.

Valuation Management Group is a national, full service appraisal management service company that manages the appraisal process for financial institutions, banks, mortgage bankers, and credit unions. We offer the full array of commercial and residential appraisal products and services. We take the appraisal process from ordinary to extraordinary.

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