One of the questions I hear most often from bankers is: "How do I develop leadership skills if I'm not in a management position yet?" The good news is that the best leaders in commercial banking don't wait for a title to start leading. In fact, most successful market presidents, team managers, and executives were […]
Now that PNC acquired FirstBank, we are facing a huge loss in loan officer training programs for new graduates. Annually the bank hired dozens of talented college grads to enter their robust training program which included lending, financial analysis, operations, and personnel management. FirstBank was a large community bank and focused on CRE lending. One […]
A 2023 survey by MGIC found that 66% of loan originators are aged 50 or older. In addition, there is a notable scarcity of younger professionals entering the field, with few entering the pipeline to replace retiring veterans. The commercial lending space is mentally taxing, requires hard work, and can be a hard sell to […]
Latest executive moves in Denver Many senior banking executives made moves in Denver over the last few months at banks including BofA, BOKF, Huntington, Wells Fargo, and Vectra. 25% were internal promotions, 37.5% were in market but external, and the balance or over 1/3 were out of market. To be fair, of the out of […]
