LANCASTER COUNTY BANKER ATTENDS NATIONAL MEETING FOR COMMUNITY BANK LEADERS
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LANCASTER COUNTY BANKER ATTENDS NATIONAL MEETING FOR COMMUNITY BANK LEADERS
post-election industry impacts, public policy priorities and fraud dominate discussions
Bird-in-Hand, Pa. – Community bankers around the country gathered in Washington this past week to discuss the latest challenges currently facing community banks across the country, according to Lori Maley, President, Chief Executive Officer and Vice Chairman of the Board of Bird- in-Hand, a wholly-owned subsidiary of GELT Bancorp, Inc.
Maley, who attended the ABA Community Bankers Council meeting November 11-13, said the bankers talked at length about public policy, operations and business issues that might impact the nation’s hometown banks and their communities. “Community banks are such a vital part of our financial industry’s infrastructure,” said Maley. “The strength and success of these banks have a great impact on the vitality of the communities they serve.”Bankers had discussions on next year’s Administration change and how the banking industry may be impacted; legislative priorities, including the farm bill and tax reform; and regulatory priorities, including national bank preemption, the Federal Reserve’s discount window, overdraft fees and Section 1033 of the Dodd-Frank Act. Council members also had a chance to exchange ideas on ways to prevent and mitigate check fraud, manage net interest income and interest rate risk, attract and develop the next generation of bank leaders, and many other business and operations best practices.
The ABA Community Bankers Council, which meets twice a year, is made up of approximately 100 bankers across the country from institutions with generally less than$5 billion in assets. Members are appointed by the ABA chair.
Lori A. Maley, CPA, has served as Vice Chairman, President and Chief Executive Officer of Bank of Bird-in-Hand since March 1, 2017. Prior to that, she was the Chief Financial Officer and Executive Officer, as well as Assistant Treasurer and Assistant Secretary of the Bank from its inception in 2013 until February 28, 2017. She has also participated in several advisory boards throughout her banking career, including the FDIC Advisory Committee on Community Banking, the Conference of State Bank Supervisors (CSBS) Advisory Board, and the Federal Reserve Bank of Philadelphia’s Community Depository Institutions Advisory Council.
About Bank of Bird-in-Hand
With a mission to provide quality banking services with integrity in the markets they serve, Bank of Bird-in-Hand opened its doors in December 2013 in the heart of Lancaster County’s Plain Community, in the village of Bird-in-Hand. At that time, the Bank was the first bank in the United States to gain a charter since 2010 and remains the only bank in Pennsylvania to open since 2008. Since then, Bank of Bird-in-Hand has grown to over $1.6 Billion in assets as of September 30, 2024, with seven brick-and-mortar branches and three mobile branches, serving Lancaster, Lebanon, Berks, Chester, and northern Dauphin counties in Pennsylvania. For more information about the Bank, please visit bihbank.com. Member FDIC. Equal Housing Lender.###
Additional Info
Media Contact : Lori A. Maley, CPA President, Chief Executive Officer and Vice Chairman of the Board (717) 768-8811
Related Links : lmaley@bihbank.com
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