2010 MAINE BANKERS LEGISLATIVE RECAP SEMINAR
Forty bankers and industry stakeholders attended the Maine Bankers Legislative Recap Seminar held in Augusta on June 30th. In the morning, attendees heard from Association staffers, Gretchen Jones, Esq. of Skelton, Taintor & Abbott, Maine’s Bureau of Financial Institutions’ Deputy Superintendent John Barr, Esq. and Maine’s Bureau of Consumer Credit Protection Superintendent Will Lund, Esq.
Chris Pinkham and Kathy Keneborus of Maine Bankers briefed attendees on what is happening now in Congress and what took place in the last session of the Maine Legislature. Attorney Jones outlined compliance and clarification changes made to Maine’s Foreclosure Law during the last legislative session. Deputy Superintendent Barr and Superintendent Lund briefed attendees on national and state foreclosure trends. Superintendent Lund highlighted his Bureau’s work on assisting distressed homeowners facing foreclosure. The afternoon speakers included: Rick Hackett, Esq., Pierce Atwood who talked about recent changes to Maine’s TILA and other potential changes on the horizon; and, Ronald P. Goudreau, CRCM - Senior Compliance Examiner with the FDIC who discussed ECOA and other compliance issues being cited in FDIC Compliance Examinations.
MACB IS NOW MAINE BANKERS ASSOCIATION; JIM CONLON IS THE NEW CHAIRMAN
At the 117th Annual Meeting June 24 in Bar Harbor, the members of the Maine Association of Community Banks voted to change the name of their organization to the Maine Bankers Association. Shown here Mark Mickeriz (left) of Sanford Institution for Savings accepts the past chairman’s plaque from incoming chairman Jim Conlon of Bangor Savings Bank. The name change is effective immediately, and over the next several weeks the Association will work to update the website, email addresses, forms, signs and printed materials to reflect the new name.
UMAINE PRESIDENT SPEAKS AT CEO MEETING 
Robert A. Kennedy, president of the University of Maine, was a guest speaker at the June 23-24 CEO Overnight meeting in Bar Harbor. He is shown here with CEOs in attendance at the meeting who are Maine graduates. President Kennedy is in the middle of the photo wearing a red tie. The other CEOs are, from bottom left working clockwise: Dan Daigneault, The First, N.A.; Greg Dufour, Camden National Corp; Peter Judkins, Franklin Savings Bank; Chris Emmons, Gorham Savings Bank; John Witherspoon, Skowhegan Savings Bank; Mark Johnston, Kennebec Savings Bank; and Mark Mickeriz, Sanford Institution for Savings. Other speakers at the conference were Rich Connor, president of Maine Today Media; Jeanne Hulit, New England regional administrator for the U.S. Small Business Administration; Janine Bisaillon-Cary, president of the Maine International Trade Center, and Chuck Hewett, chief operating officer of The Jackson Laboratory.
CFO ROUND TABLE JUNE 10
Twenty-five chief financial officers and other financial managers attended the CFO Round Table in Augusta June 10. “Accounting for OREO and Other Foreclosed Assets” was presented by Carl Chatto and Jeff Skaggs of Baker Newman Noyes, and Mike Galeucia of Macdonald Page & Company spoke on “Regulatory Mapping.” Click here for handouts. Andrea Tetzlaff and Jim Fuller of OfficeMax gave a brief overview of MACB’s partnership which provides discounted products to member banks. Over lunch attendees had a lively peer discussion on liquidity, treatment of non-accrual loans and loan loss reserve calculations.
MACB BANK SECURITY AND OPERATIONS & TECHNOLOGY COMMITTEES MEET ON MAY 27
MACB Security Committee meeting
The MACB Security Committee Meeting for bank members was held on May 27th with 21 bankers from 18 banks in attendance either in person or by teleconference. During the meeting, committee members agreed to establish a sub-group, representing the Security and the Operations and Technology Committees, to publish a handbook entitled “MACB’s Helpful Tips Regarding Phishing and Vishing Attacks”. The sub-group will meet at least twice by teleconference before the end of July 2010.
Joint Meeting of MACB’s Security and Operations and Technology Committees for Bank Members
On May 27th, MACB’s Security and Operations and Technology Committee met for a lunchtime meeting to hear presentations from two guest speakers. The first presentation was from Lori Desjardins, Esq., Pierce Atwood, relating to ACH court cases, including the Patco court case filed in Maine in October 2009. The second presentation was from Ryan Stinneford, Esq., Pierce Atwood, who talked about how the Massachusetts Information Security Regulation could impact Maine banks.
MACB Operations and Technology Committee MEETING
MACB’s Operations and Technology Committee Meeting for bank members was held on May 27th after the joint luncheon meeting with MACB’s Security Committee, and 20 bankers from 11 banks attended the meeting either in person or by teleconference. The committee discussed a variety of issues including the need for more information relative to electronic data storage and E-Discovery. MACB will be sponsoring a webinar on electronic data storage and e-discover on June 24, 2010. For more information on the June 24th webinar, click on the “Webinars” button on our home page.
RMA ANNUAL MEETING
Incoming RMA Maine Chapter president Mike Bonsey (right) of Bar Harbor Bank & Trust is congratulated by outgoing president Tom MacDonald of Mechanics Savings Bank at the group’s annual dinner May 19. Mike Marino of Union Trust was named president-elect, and Laura Huddy of TD Bank is the new treasurer. MACB president Chris Pinkham was the keynote speaker with his remarks on the financial reform bill.
MACB MARKETING & COMMUNICATIONS COMMITTEE
Jim Vasquezi of Intuit Financial Services spoke on “The Gen Y Opportunity: How Online Financial Management Can Attract and Retain Younger Customers” at the MACB Marketing & Communications Committee May 18. Click here for a copy of Jim’s slides.
34th ANNUAL DIRECTORS FORUM - WEDNESDAY, MAY 12
Governor John Baldacci opened MACB’s 34th Annual Directors Forum May 12 at the Augusta Civic Center before 180 bank officers and directors. He started his speech by thanking Maine’s bankers for supporting the Maine economy by continuing to be responsible lenders. The Governor covered a number of topics from his recent visit to the rating agencies in NYC to the state’s fiscal condition, and he also raised questions about how to support small business lending. Chuck Wilson of Banking Industry Group followed with a morning-long address on board best practices. Click here for a copy of Wilson’s handout.
MAY 5, 2010 TRUST AND WEALTH MANAGEMENT CONFERENCE
MACB Trust Working Group chair Stuart Williams (left) of Maine Bank & Trust chats with economist Nariman Behravesh of IHS at the 2010 Trust & Wealth Management Conference May 5 at the Harraseeket Inn. Ninety bankers, vendors and guest speakers convened for a full day of instruction on the economy, fiduciary risk mitigation, tax issues, market overview and the psychology of selling.
Click here for Behravesh Economic Outlook slides
Click here for Conderacci Psychology of Selling slides
Click here for Moore Risk and Reward slides
Click here for Orlando Market Outlook slides
MACB HOLDS 18TH ANNUAL BANK EXPO - HOLIDAY INN BY THE BAY, PORTLAND
Bob Simpson (left) of Machias Savings Bank receives the Grand Prize—a HP Compaq laptop—from Harry McMann of Systems Engineering at MACB’s 18 Annual Bank Expo on April 14. More than 225 bankers, exhibitors and presenters attended this conference for a full day of exhibits and educational workshops. |
