Upcoming events

    • October 23, 2018
    • 8:30 AM - 4:00 PM
    • Marriot Courtyard - 75 Felton Street, Marlborough, Massachusetts

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    The Massachusetts Bankers Association and Boston Chapter of the Financial Managers Society are pleased to join together to present this year’s conference. Today’s financial institution managers must navigate constant change — regulatory, legislative and accounting —which is the new norm. In this shifting landscape of the financial services industry, financial managers are confronted daily by situations that call on every bit of their expertise. The importance of reliable tools and techniques is critical to bottom-line performance.  Learn how to manage the essential aspects of the deposit base, utilize data for business intelligence, and learn winning investment strategies. A panel of bank regulators will discuss risk management and examination findings. This conference will help you stay current on regulatory issues, provide accounting and tax updates, and help you manage your balance sheet in a rising interest rates environment.  


    The purpose of this conference is to share new perspectives, tools, and techniques to help finance officers better run their banks.  They will leave better equipped to: 

    • Understand what issues are causing regulators concern

    • Understand non-maturity deposit behaviors and identifying “hot money” or “deposits at risk.”

    • Incorporate trends in the banking industry and the impact of future interest rates 

    • Utilize tips for the best ways to manage interest rate risk 

    • Create a high performing investment portfolio by taking advantage of a few specific techniques

    • Integrate changes in accounting and tax laws and regulations  


    • Chief Executive Officers
    • Chief Financial Officers
    • Chief Operating Officers
    • Presidents and Other Senior Managers
    • Controllers, Treasurers, Cashiers, Finance, Audit, Accounting Managers, and Financial Analysts
    • ALCO teams

    CPE Credit Information:

    • Earn up to 6 hours of CPE credits

    Program Agenda

    8:30 am – Registration & Continental Breakfast Sponsored by RSM 

    8:45 am – Welcome and Opening Remarks

    Tanya Duncan | Senior Vice President, Corporate Policy | Massachusetts Bankers Association | Boston, MA

    9:05 am – The Finance of Banking in Today’s World

    Rich Berg | CEO and Co-founder | Performance Trust Capital Partners, LLC | Chicago, IL 

    After providing an overview of the current problems plaguing community banks and the existing solutions, Performance Trust CEO Rich Berg will outline critical components to deliver strong economic results coupled with good regulatory standing in this flat, low interest-rate environment. Past “business as usual” decisions made across the balance sheet will not work in this new era of banking. Rich will expand upon concepts in which to measure risk vs. reward when specifically evaluating loans, deposits, and investments. Attendees will see a strategic decision-making framework that can assist in generating high quality, sustainable earnings, which he has coined as the Finance of Banking.  

    10:05 am –  Coffee Break Sponsored by BerryDunn

    10:20 am – How Banks Are Using Data and Analytics in Practical Ways for Greater Impact

    Christopher Sifter, PMP | Principal | Crowe LLP | Chicago, IL

    Advances in predictive and prescriptive capabilities of machine learning (ML) and artificial intelligence (AI) technologies are quickly transforming how banks can increase efficiency, profitability, and competitive advantage through the better use of data. In addition, regulations that place greater scrutiny on data quality, lineage, and control are increasing the emphasis that banks must put on their data management and governance capabilities. This session will discuss how banks are leveraging traditional business intelligence and state-of-the-art advances in analytics and machine learning/AI, along with strategies banks can use to get their “data house in order” to better prepare for getting the most out of their data.

    11:30 am – Funding Costs Are On the Rise — Don’t React, take Charge: A Proactive Approach to Managing Your Deposit Base Through Information

    Joe Kennerson | Managing Director | Darling Consulting Group| Newburyport, MA

    A perfect storm is brewing…rates are on the rise for the first time in 12 years. Liquidity pressures are mounting. The yield curve has flattened. Moreover, regulators are taking notice – so should you. This is why managing funding costs will be the chief concern for banks in 2018. Banks have a treasure trove of data at their fingertips. It’s time to mine that data to better understand customer behavior patterns and help develop cost-effective deposit strategies.

    This session will demonstrate how to leverage customer-level data intelligence to develop balance sheet strategy ideas. The concepts discussed will help manage rising funding costs by lowering deposit cannibalization, understanding the marginal cost of funds for deposit promotions, developing early warning systems for “at risk” customers and pinpointing pricing actions to retain key accounts.Through real-life case studies, see how to harness the power of your customer information to understand the impact cannibalization can have on new product promotions. We will also discuss strategy ideas to reduce attrition, create effective hurdles for new products and weigh the pros/cons of raising rates vs. releasing a new product.

    12:30 pm – Lunch 
    1:15 pm – Bank Regulatory Panel
    Moderator: David Sidon | Principal | The Navis Group | Gloucester 

    Michael Ravid | Assistant Vice President, Regional and Community Examination Supervision | Federal Reserve Bank of Boston | Boston 

    James Barrett | Deputy Commissioner | and Andrea Cipolla | Chief Director of Credit Union Supervision | Division of Banks | Boston 

    Mary A. Barry | Assistant Regional Director | Division of Risk Management Supervision | Federal Deposit Insurance Corporation | Braintree 

    Emily Gosain | Analyst | Office of the Comptroller of the Currency | Boston (invited)

    2:30 pm – Afternoon Break  Sponsored by Massachusetts Financial Institutions Insurance Agency

    2:45 pm – Accounting and Tax Update

    Denise Toomey, CPA | Member of the Firm, and Mike Rowe, CPA | Principal | Wolf & Company, P.C. | Boston 

    This session will provide an update on recent CECL developments and implementation issues, reminders of recent and upcoming changes to revenue recognition and lease accounting, as well as provide updates on other new accounting developments that may impact financial institutions.  The session will also include a discussion of some of the tax benefits (and challenges) for financial institutions resulting from tax reform.

    4:00 pm – Evaluations and Adjourn

    Special Thanks to our Sponsors!

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    IMPORTANT: Qualifying financial institutions can now apply for an Express Grant to receive a 50% tuition reimbursement for employees attending the program. Please follow the instruction via this link for application details (Course ID # 1117166). The deadline to apply is September 12. We strongly urge you to complete the process asap to ensure that your application is approved in time.


    $250 for members, and $500 for nonmembers. 

    Three ways to register:

    1.      Online

    2.      Credit Card Payments: Complete the registration form and fax to our secure fax line: 617-249-0441.
    PCI Compliance mandates that the form must be faxed, do not email.

    3.      Mail: Send the registration form with a check to:

    Massachusetts Bankers Association-FIFA18
    One Washington Mall, 8th Floor, Boston, MA 02108-2603


    Pat Tabolsky
    Program Registrar
    Direct Dial: 617-502-3814









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    Massachusetts Bankers Association | One Washington Mall, 8th Floor | Boston, MA 02108-2603


    • November 14, 2018
    • 5:30 PM - 8:00 PM
    • Hartford/Windsor Airport Marriott Hotel, 28 Day Hill Road, I-91 at Exit 38 / Windsor, CT


    The Financial Managers Society and Connecticut Bankers Association are pleased to announce a meeting with industry experts to discuss updates on the economy, financial markets & regulatory climate on Wednesday, November 14th. This meeting takes place shortly after the mid-term elections, which affords us the opportunity to address both the developments and trends that have occurred during the past several months, as well as what those that might take place as a consequence of the election results.

    Rodger Metzger of Hooker & Holcombe, Inc. will present an update on the Economy and Financial Markets.  The Regulatory Update will be covered by Jody Cranmore of Cranmore, FitzGerald & Meaney.   Following the presentations, our speakers will be joined by Jon Skarin, Massachusetts Bankers Association and Tom Mongellow, Connecticut Bankers Association for a panel Q&A discussion on post-election buzz.

    We look forward to continuing the “Early Talk” program this season as well. As attendees enjoy their salads and prepare for the evening’s presentation, a speaker will provide a short but engaging talk on a current hot topic of interest to financial institutions. Jon Skarin and Tom Mongmellow will provide an update on the Washington scene along with landscapes taking shape in Massachusetts and throughout New England.

    Main Topic:  Economic & Regulatory Update, followed by Panel Discussion

    “Early Talk”:  Political Update from the MBA and CBA

    Date & Location:  November 14, 2018 | 28 Day Hill Road, I-91 at Exit 38 / Windsor, CT

    5:30 p.m. - Cocktails & Social

    6:15 p.m. - Dinner & "Early Talk"

    7:00 p.m. - Main Program

    8:00 p.m. - End

    (Qualifies for 1 hour of CPE)


    Field of Study - Economics 

    Prerequisites - None

    Program Level - Basic

    Advanced Preparation - None

    Delivery Method - Group - Live

    Having trouble registering for the event as a member?  Join or renew your membership first by clicking here.

    For information regarding refunds, complaints, and program cancellation policies, please contact Jay Stephens at 978-441-6464 or www.fmsboston.org under administrative policies for details on refunds, complaints and cancellation policies.

    FMS Boston Chapter is registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor of continuing professional education on the National Registry of CPE Sponsors.  State boards of accountancy have final authority on the acceptance of individual courses for CPE credit.  Complaints regarding registered sponsors may be addressed to the National Registry of CPE Sponsors, through its website www.learningmarket.org.

    • November 27, 2018
    • 4:00 PM - 7:45 PM
    • Embassy Suites, 550 Winter Street, Waltham, MA

    Dinner Session

    Join us for a post-election market and economic update with Brian Battle, Principal and Director at Performance Trust Capital Partners in Chicago, IL.  

    Brian will review current market conditions, economic trends and the threats and challenges that we face in 2019 and beyond. He will examine the dangers and opportunities today and how to prospectively manage the interest rate, regulatory and political risks.

    He is recognized nationwide as a market expert who provides valuable insight on issues related to liability management, mortgage securities, general market and taxable municipal bonds. He is a frequent on-air commentator for CNBC, Fox Business News, National Public Radio, Chicago Tonight and Bloomberg TV, and has been quoted in the Wall Street Journal, Chicago Tribune and numerous online financial news sources. His 30 years of market experience in analyzing, underwriting and trading has proven to be a tremendous asset for the company as well as the industry. As an expert resource, he utilizes his expertise to bring our disciplined analytical approach to the middle markets in the financial industry.

    Brian holds a Bachelor of Science degree in business and economics from Winona State University in Minnesota and an MBA from DePaul University. He is a past president of the Municipal Bond Club of Chicago and an instructor at the Municipal Bond School in Chicago.

    Early Session - Leadership Lessons for Collaborative Communication

    Prior to our social hour we have Elise Bechard from Impact Performance Group discussing the important role of Emotional Intelligence in leadership and effective communication.  She will identify essential behaviors that set true leaders apart.  To help us grow as leaders, she will provide some actionable steps to establish the positive habits that develop our ability to communicate more collaboratively and increase our emotional intelligence.  

    Elise Bechard is a Relationship Manager with Impact Performance Group.  She has facilitated leadership programs for companies such as UnitedBank, Marriott, Cambridge Savings Bank, Charles Schwab and Webster Bank.

    We are asking all of our members to invite a young colleague, mentee, or other individual you see as an emerging leader in the industry.  We will be hosting a session on speaking skills and why it is critical skill of a successful leader.  Following that session, Emerging Leaders will be invited join us in networking, dinner, and our evening monthly meeting. Bring your business cards!

    Toys For Tots

    In the spirit of the holiday season, FMS Boston Chapter will be collecting toys, books and other gifts for less fortunate children. 

    Please bring an unwrapped gift for a group donation to 

    We look forward to seeing you there! 

    4:00 p.m. - Early Session (Qualifies for 1 hour of Professional Development CPE)

    5:00 p.m. - Social Hour

    6:00 p.m. - Dinner

    6:45 - 7:45 p.m. - Program (Qualifies for 1 hour of Technical Economics CPE)


    Prerequisites - None      

    Program Level - Update

    Advanced Preparation - None

    Delivery Method - Group - Live

    Having trouble registering for the event as a member?  Join or renew your membership first by clicking here.

    For information regarding refunds, complaints, and program cancellation policies, please contact Jay Stephens at 978-441-6464 or www.fmsboston.org under administrative policies for details on refunds, complaints and cancellation policies.  

    FMS Boston Chapter is registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor of continuing professional education on the National Registry of CPE Sponsors.  State boards of accountancy have final authority on the acceptance of individual courses for CPE credit.  Complaints regarding registered sponsors may be addressed to the National Registry of CPE Sponsors, through its website www.learningmarket.org.

Past events

September 23, 2018 The 2018 East Coast Regional Conference Sept 23-25, 2018
September 19, 2018 Balance Sheet Strategies - Waltham
September 12, 2018 FMS Boston Chapter & CBA - Accounting and Tax Update - Windsor, CT
August 28, 2018 FMS Boston Chapter Summer Social @ Night Shift Brewing
June 11, 2018 FMS Boston Chapter Dinner Event @ FMS Forum in Orlando, FL
May 14, 2018 26th Annual FMS Golf Tournament and Dinner
May 04, 2018 FMS Boston Chapter's Annual Community Day - Mill City Grows
April 24, 2018 Past Presidents' Night & Technology Update - Waltham
April 24, 2018 FMS Boston Chapter & CBA - ALCO Update - Windsor, CT
March 28, 2018 Re-Scheduled Meeting: Investment Strategies with SunTrust - Windsor, CT
March 20, 2018 CECL Update with Visible Equity - Waltham
February 27, 2018 Balance Sheet Strategies - Waltham
January 23, 2018 Commercial Real Estate Update - Waltham
December 13, 2017 Interest Rate Derivatives: Trends and Recent Developments with PNC - Windsor, CT
November 28, 2017 Economic Update - Waltham
October 26, 2017 Regulatory & Legal Update with CFM - Windsor, CT
October 18, 2017 2017 Financial Institutions Finance & Accounting Conference
September 26, 2017 Strategic Planning - Waltham
September 17, 2017 2017 FMS East Coast Regional Conference
May 15, 2017 25th Annual Golf Tournament and Dinner
May 05, 2017 FMS Boston Community Day - Mill City Grows
May 05, 2017 FMS Boston Community Day - The Family Pantry
May 02, 2017 ALCO Update with Jim Clarke - Western MA / CT
April 25, 2017 Past Presidents' Night - Investments Update
March 28, 2017 Accounting Update - Waltham
February 28, 2017 ALM Update - Waltham, MA
February 15, 2017 Accounting Update: Practical Approaches to CECL - Windsor, CT
January 31, 2017 Real Estate Update - Waltham, MA
December 01, 2016 Balance Sheet Strategies - Windsor, CT
November 29, 2016 Economic Update - Waltham, MA
October 19, 2016 2016 Financial Institutions Finance & Accounting Conference
October 12, 2016 Investments Update with Performance Trust - WINDSOR, CT
September 18, 2016 The 2016 East Coast Regional Conference
August 22, 2016 The 3nd Annual Deb Jackson Memorial Golf Classic
June 12, 2016 The 2016 Finance & Accounting Forum
May 20, 2016 2nd Annual Community Commitment Day
May 16, 2016 The 24th Annual FMS Golf Tournament and Dinner
May 09, 2016 Financial Managers School
May 03, 2016 ALCO Update with Jim Clarke - WINDSOR, CT
April 26, 2016 Past Presidents' Night - Real Estate Update
March 22, 2016 ALCO Update - WALTHAM, MA
February 23, 2016 Regulatory and Investment Strategies Update
February 10, 2016 Dinner Meeting - WINDSOR, CT
January 26, 2016 Technology/Information Systems Update
December 09, 2015 Balance Sheet Strategies - WINDSOR, CT
November 17, 2015 Core Provider Update
October 21, 2015 Financial Institutions Finance & Accounting Conference
October 13, 2015 Cybersecurity Update - WALTHAM, MA
October 13, 2015 Investments Update - WINDSOR, CT
September 20, 2015 2015 East Coast Regional Conference
September 15, 2015 Accounting and Tax Update
NOTE: The preceding monthly chapter meetings have been developed and reviewed by the current and previous Chapter Officers, which includes a Certified Public Accountant in good standing.

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