June 11-16, 2006 Cedar Rapids Marriott Hotel, Cedar Rapids
The purpose of the Iowa School of Banking (ISB) is to provide bank personnel, at the supervisory and officer level, the opportunity to increase their knowledge of the banking industry and the economy. In 2006 the school celebrated its 34th year of investing in banking education.
The week-long, two year school sessions run concurrently. Participants taking both years will receive a good basic introduction to the banking industry. The first year modules include Macroeconomics. Bank Financial Analysis, Marketing Bank Services, Managing Liquidity and Capital Planning, Investments, Human Resources, Lending, Asset Liability, Trust, Developing a Sales Culture and Strategic Planning.
The second year modules include Bank Financial Analysis, Business Ethics, Asset Liability Management, Management styles, Problem Loans, Identity Theft, Investments and a Regulators panel. In addition to those modules, the second year class participates in the weeklong BankExec Computer simulation.
The ISB begins on Sunday afternoon with registration, a team building event, classes and an informal reception that evening. This is a good time for the freshmen to become acquainted with other students in their class, and also the 2nd year students. This year the reception and dinner was sponsored by the Graduate School of Banking, Madison. Everyone has a good time reacquainting themselves and making new and lasting relationships.

Jeff Akers and Cameron Miles representing the Graduate School of Banking, Madison

First year students "team building"
The 2nd year class is divided into many teams of banks that exist only in cyberspace. These teams use their previous year of education and compete against each other in simulated banking communities for deposits, loans, etc; much like a typical city. To make the exercise interesting, our simulation leader throws variables into the mix each day, such as fluctuating interest rates, loan losses. etc. Seven decisions are made during the week.

2nd year students getting reacquainted

After each simulation "decision" the results are tabulated and posted for everyone to see.

Bank Exec instructor, Dianna Preece, explaining the consequences of a banks' decision.

After each BankExec "decision", the winning bank receives recognition and gold stars from Gene Smith, BankExec instructor!

Tom Sweeney teaches the first year class Macroeconomics.

Instructor, Dale Torpey, teaches the 2nd year class Bank Financial Analysis.
Monday is a busy day for the first year students, learning all about Bank Analysis, Marketing and Managing Liquidity and Capital Planning. Second year students delve into Business Ethics and Banking Issues in addition to making two more decisions for their banks.

Instructor Brad Shrader, teaches the 2nd year class on Business Ethics

Ben Hildebrandt speakes to the first year class on Marketing.

Sharon Presnall speaks to the second year class on Banking Issues.

Instructor, Charlie Funk, teaches the first year class Managing Liquidity & Capital Planning and the 2nd year class Asset Liability Management.

Instructor, Lynn David, teaching Human Resources

Instructor, Tim Loughran teaching Investments and Asset Liability.

BankExec leader, Dianna Preece, teaching Management Styles.

Instructor, Tim Koch teaches 2nd year Investments

Dick Brachman teaches the first year module, Developing a Sales Culture

Jim Verlinga teaching Strategic Planning to the first year class

John Linch addresses second year Identity Theft
This year, the Iowa School of Banking had a Wednesday afternoon outing to Squaw Creek Park in Cedar Rapids. Some afternoon classes were held, followed by a cookout and party which included a “milking contest” between the first and second year classes. The Graduate School of Banking, Boulder, sponsored the event, and it was considered a huge success by staff, students and will continue to be a yearly event. Highlights from the picnic follow!


Tim Koch, Graduate School of Banking Boulder

Gene Wandling, School Director, measures the winning milk!

Students cheer their team members on.

Ryan Edsen and Jim Klein, the cow milking winners!
For the second year students, the entire week leads up to a final presentation that must be given by each team to a resident “bank board of directors.” The presentation, and the following question and answer period, typically last approximately twenty minutes. All team members must contribute and have a chance to present their portion of the talk. Each team is judged on not only the details and content of their report, but also the presentation skills they used before the board of directors. Students were asked this year, to include a short skit on something of additional value that they learned at the school.



The winning BankExec team - "Bank 229"
Each year the freshman class selects officers to represent them on the Iowa School of Banking Advisory Board. Students selected in 2006 were Andy Ludeking, Farmers & Merchants Savings Bank, Waukon and Mikala Sanchez, Midstates Bank NA, Council Bluffs.
After two years of studying, attending class, and submitting intersession projects, the hard work pays off and graduation is right around the corner. These graduates below would tell you that it was a long grueling two years but very much worth the effort. Many friendships were begun and strengthened, skills gained, and they walked away with a greater knowledge of their industry.

2006 Iowa School of Banking First Year Class

2006 Iowa School of Banking Graduating Class
The 2007 session will be held June 10-15, 2007 at the Cedar Rapids Marriot Hotel in Cedar Rapids. For additional information and registration forms on the Iowa School of Banking, please contact Robbie Adelman, radelman@iowabankers.com or 515-286-4375 at Iowa Bankers Association
2007 Registration Fees
Double Single No Housing
Member $1,400 $1,570 $1,325
Nonmember $1,800 $1,920 $1,675
Tuition includes registration, tuition, housing, meals and materials.
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