Location: Virtual Event - Hosted by Giant Oak
Date: Thursday, August 20
Time: 3:00pm ET
Cost: Free
Type: RSVP Required
Details: Smaller financial institutions struggle under the economies of scale associated with compliance. Simply put, the relative cost of compliance increases as the size of the bank decreases. Between 2008 and 2018, one in four community banks disappeared. This decline is driven by operating inefficiencies, lack of access to new technology, demographic changes, and increasing regulatory requirements.
This week, join Giant Oak and #NatSecGirlSquad in a conversation with Giant Oak CEO Gary M. Shiffman, PhD and Joseph Cooch, Manager of Third Party Risk at Sunrise Bank, to discuss these challenges and explore how advanced technologies can work at the community bank level.