2024 CFO Conference
August 21-23, 2024 | The Hotel Roanoke & Conference Center
August 21-23, 2024 | The Hotel Roanoke & Conference Center
This conference is designed for CFOs and those involved in financial management.
More than 140 bankers and industry partners joined us August 21-23, 2023 at The Hotel Roanoke for our CFO Conference. Attendees enjoyed engaging and relevant sessions and also had the opportunity to meet with our sponsors in the exhibit hall.
More than 140 bankers and industry partners joined us August 21-23, 2023 at The Hotel Roanoke for our CFO Conference. Attendees enjoyed engaging and relevant sessions and also had the opportunity to meet with our sponsors in the exhibit hall.
AGenda
WEDNESDAY, AUGUST 21, 2024
2:30 p.m. Registration for Ethics Session
3:00 – 4:40 p.m. Ethics**
(this session satisfies the Ethics requirement for CPAs – separate registration required)
4:45 – 6:15pm Welcome Cocktail Reception and Networking Hour
Sponsored by Piper Sandler
** This course satisfies the annual two-hour Virginia Board of Accountancy (BOA) Ethics requirement. Separate registration required.
THURSDAY, AUGUST 22, 2024
7:30 a.m. Registration | Continental Breakfast
Sponsored by Independent Community Bankers Association (ICBA)
8:00 – 8:15 a.m. Welcome Announcements & Sponsor Introductions
8:15 – 9:15 a.m. The Slow Path of Post-Pandemic Normalization Craig Dismuke, Stifel Financial
Despite the most rapid tightening of monetary policy since 1980, the U.S. economy has continued to expand at a stronger rate than expected. This growth has been driven at the core by an unexpectedly resilient consumer. In this presentation, we will highlight the sources of the consumer strength and the implications for continued economic growth. We will also highlight the factors Fed officials are taking into account as they determine the appropriate path for interest rates going forward.
9:15 – 9:30 a.m. Networking Break
9:30 – 10:30 a.m. Breakout 1: Surviving FDICIA in a Dynamic Industry David Heneke, CliftonLarsonAllen LLP
The Federal Deposit Insurance Corporation Improvement Act (FDICIA) was enacted in 1991 to improve the safety and soundness of the banking system. Since then, FDICIA has been a critical component of the regulatory framework for financial institutions. However, the dynamic nature of the financial industry has made it challenging for institutions to comply with FDICIA requirements. In this speaking session, we will explore the challenges that financial institutions face in complying with FDICIA in a dynamic industry. We will discuss the key provisions of FDICIA, including the internal control requirements, the independent audit requirements, and the reporting requirements. Attendees will gain a deeper understanding of the FDICIA requirements and the challenges of complying with them in a dynamic industry. They will also learn best practices for managing FDICIA compliance, including risk assessment, internal control design, and audit planning. This session is ideal for financial institution executives, compliance officers, auditors, and risk managers who are responsible for FDICIA compliance.
9:30 – 10:30 a.m. Breakout 2: SEC Update Seth Winter, Troutman Pepper
10:30 – 10:45 a.m. Networking Break
10:45 – 11:45 a.m. A Wild Ride: What We Learned from the Current Rate Cycle and What to Think About Next Mark Fischer, PNC
11:45 a.m. – 12:30 p.m. Lunch
12:30 – 1:15 p.m. Vendor Speed Dating
1:20 – 2:20 p.m. Current Fraud Trends & Scams Tony Ayers and Betsy Van Patten Roanoke Sheriff Department
This session will cover the current white collar/fraud trends and scams that we are seeing in Southwest VA and around the state. It will cover things that bank employees can look for as well as prevention information for customers. This information carries over into the personal lives of employees as well as they can share with family members who may be vulnerable to fraud.
2:20 – 2:35 p.m. Networking Break
2:35 – 3:35 p.m. Out with the Old: Liquidity, Funding, and Regulation Ryan Smith, Piper Sandler
Financial Institutions are under the microscope in this environment and integrating new options into a strategic plan is essential. Themes will include rethinking liquidity and funding to ensure a modernized view on sources and measures. This will also cover the impact that new regulation may have on your institution’s strategy. The discussion will include relevant market updates to contextualize the ideas and help management teams find more value in 2024 and beyond.
3:35 – 3:45 p.m. Networking Break
3:45 – 4:15 p.m. Industry Update Bruce Whitehurst, Virginia Bankers Association
4:15 – 5:15 p.m. Regulator Panel
Moderator: Bruce Whitehurst, Virginia Bankers Association
Panelists:
Sponsored by Brown, Edwards & Co.
Dinner is on your own. Enjoy your evening!
FRIDAY, AUGUST 23, 2023
8:00 a.m. Continental Breakfast
8:30 – 8:45 a.m. Announcements | Sponsor Thank You & Drawings
8:45 – 9:45 a.m. Tax Update Brandon Driver, CPA YHB and Nick Preusch, CPA, JD, LLM, MSA | Tax Director, YHB
With the ever-evolving landscape of financial regulations, it is essential for CFOs to stay updated on how these changes impact their tax obligations. This session will explore recent tax changes and their implications for the banking sector. Topics will include updates on federal and state tax laws and strategies to manage the tax impacts of these regulations.
9:45-10:00 a.m. Networking Break
10:00 – 11:00 a.m. Closing Keynote: Secret Sauce for Organizational Success Melissa Furman, PhD, Career Potential
Banking leaders are navigating unique challenges as it relates to diversity, disruption, and workforce engagement. A common foundational denominator to successfully navigate these challenges are trust, respect, and accountability. This session will provide practical strategies to assess and develop trust, respect, and accountability to maximize success.
11:00 – 11:20 a.m. Stretch Break
11:20 a.m. – 12:20 p.m. CFO Roundtable Session
12:20 p.m. Conference Adjourns
*Speakers and topics are subject to change
2:30 p.m. Registration for Ethics Session
3:00 – 4:40 p.m. Ethics**
(this session satisfies the Ethics requirement for CPAs – separate registration required)
4:45 – 6:15pm Welcome Cocktail Reception and Networking Hour
Sponsored by Piper Sandler
** This course satisfies the annual two-hour Virginia Board of Accountancy (BOA) Ethics requirement. Separate registration required.
THURSDAY, AUGUST 22, 2024
7:30 a.m. Registration | Continental Breakfast
Sponsored by Independent Community Bankers Association (ICBA)
8:00 – 8:15 a.m. Welcome Announcements & Sponsor Introductions
8:15 – 9:15 a.m. The Slow Path of Post-Pandemic Normalization Craig Dismuke, Stifel Financial
Despite the most rapid tightening of monetary policy since 1980, the U.S. economy has continued to expand at a stronger rate than expected. This growth has been driven at the core by an unexpectedly resilient consumer. In this presentation, we will highlight the sources of the consumer strength and the implications for continued economic growth. We will also highlight the factors Fed officials are taking into account as they determine the appropriate path for interest rates going forward.
9:15 – 9:30 a.m. Networking Break
9:30 – 10:30 a.m. Breakout 1: Surviving FDICIA in a Dynamic Industry David Heneke, CliftonLarsonAllen LLP
The Federal Deposit Insurance Corporation Improvement Act (FDICIA) was enacted in 1991 to improve the safety and soundness of the banking system. Since then, FDICIA has been a critical component of the regulatory framework for financial institutions. However, the dynamic nature of the financial industry has made it challenging for institutions to comply with FDICIA requirements. In this speaking session, we will explore the challenges that financial institutions face in complying with FDICIA in a dynamic industry. We will discuss the key provisions of FDICIA, including the internal control requirements, the independent audit requirements, and the reporting requirements. Attendees will gain a deeper understanding of the FDICIA requirements and the challenges of complying with them in a dynamic industry. They will also learn best practices for managing FDICIA compliance, including risk assessment, internal control design, and audit planning. This session is ideal for financial institution executives, compliance officers, auditors, and risk managers who are responsible for FDICIA compliance.
9:30 – 10:30 a.m. Breakout 2: SEC Update Seth Winter, Troutman Pepper
10:30 – 10:45 a.m. Networking Break
10:45 – 11:45 a.m. A Wild Ride: What We Learned from the Current Rate Cycle and What to Think About Next Mark Fischer, PNC
11:45 a.m. – 12:30 p.m. Lunch
12:30 – 1:15 p.m. Vendor Speed Dating
1:20 – 2:20 p.m. Current Fraud Trends & Scams Tony Ayers and Betsy Van Patten Roanoke Sheriff Department
This session will cover the current white collar/fraud trends and scams that we are seeing in Southwest VA and around the state. It will cover things that bank employees can look for as well as prevention information for customers. This information carries over into the personal lives of employees as well as they can share with family members who may be vulnerable to fraud.
2:20 – 2:35 p.m. Networking Break
2:35 – 3:35 p.m. Out with the Old: Liquidity, Funding, and Regulation Ryan Smith, Piper Sandler
Financial Institutions are under the microscope in this environment and integrating new options into a strategic plan is essential. Themes will include rethinking liquidity and funding to ensure a modernized view on sources and measures. This will also cover the impact that new regulation may have on your institution’s strategy. The discussion will include relevant market updates to contextualize the ideas and help management teams find more value in 2024 and beyond.
3:35 – 3:45 p.m. Networking Break
3:45 – 4:15 p.m. Industry Update Bruce Whitehurst, Virginia Bankers Association
4:15 – 5:15 p.m. Regulator Panel
Moderator: Bruce Whitehurst, Virginia Bankers Association
Panelists:
- Jeffrey Deibel, Federal Reserve Bank of Richmond
- Amanda Edwards, OCC
- Sarah Lambert, Virginia State Corporation Commission, Bureau of Financial Institutions
- Margaret Myers, FDIC
- Michael Sprouse, Office of Financial Regulation of the State of Maryland
Sponsored by Brown, Edwards & Co.
Dinner is on your own. Enjoy your evening!
FRIDAY, AUGUST 23, 2023
8:00 a.m. Continental Breakfast
8:30 – 8:45 a.m. Announcements | Sponsor Thank You & Drawings
8:45 – 9:45 a.m. Tax Update Brandon Driver, CPA YHB and Nick Preusch, CPA, JD, LLM, MSA | Tax Director, YHB
With the ever-evolving landscape of financial regulations, it is essential for CFOs to stay updated on how these changes impact their tax obligations. This session will explore recent tax changes and their implications for the banking sector. Topics will include updates on federal and state tax laws and strategies to manage the tax impacts of these regulations.
9:45-10:00 a.m. Networking Break
10:00 – 11:00 a.m. Closing Keynote: Secret Sauce for Organizational Success Melissa Furman, PhD, Career Potential
Banking leaders are navigating unique challenges as it relates to diversity, disruption, and workforce engagement. A common foundational denominator to successfully navigate these challenges are trust, respect, and accountability. This session will provide practical strategies to assess and develop trust, respect, and accountability to maximize success.
11:00 – 11:20 a.m. Stretch Break
11:20 a.m. – 12:20 p.m. CFO Roundtable Session
12:20 p.m. Conference Adjourns
*Speakers and topics are subject to change
Registration
Hotel Information
The VBA has a negotiated rate at the Hotel Roanoke of $189/night (plus taxes and fees). To make your reservation, click here.
Parking*The Hotel Roanoke offers both self and valet parking. For attendees staying at the hotel, the pricing is as follows:
*Parking rates are subject to change.
Parking*The Hotel Roanoke offers both self and valet parking. For attendees staying at the hotel, the pricing is as follows:
- Self: $15.00/day
- Valet: $21.00/day
*Parking rates are subject to change.
Sponsorship Opportunities
Please contact VBA's Amy Binns for information.
CFO Conference Sponsors by Monica McDearmon
Questions?
MBA Members - Contact Ann DeVilbiss, MBA's Head of Events & Membership Experience, at (443) 837-1606.
WVBA Members - Contact Amanda Cunningham, WVBA's Director of Education, at (304) 343-8838.
VBA Members - Contact Kristen Reid, VBA's Vice President, Education & Training, at (804) 819-4731.
MBA Members - Contact Ann DeVilbiss, MBA's Head of Events & Membership Experience, at (443) 837-1606.
WVBA Members - Contact Amanda Cunningham, WVBA's Director of Education, at (304) 343-8838.
VBA Members - Contact Kristen Reid, VBA's Vice President, Education & Training, at (804) 819-4731.
