Fixing Employee Retention in Banking
Presenter: Jared Morris
As 2019 begins, one thing should be top of mind for community banks and credit unions. How will financial institutions fill the talent gap this year?
Nationwide, America’s leading business schools are seeing drops in students focusing on finance and consulting. Furthermore, the U.S. unemployment rate dropped to 3.9 percent last year, which is the lowest rate in nearly two decades. The tighter supply of labor means community banks and credit unions will have to think strategically to fill valuable positions with young talent and retain existing employees.
Join Jared Morris, Senior Credit Officer at Peoples State Bank, as he walks through methods to attract the top talent to your institution and keep them there. He’ll draw from his experience recruiting college graduates who are vital to the success of Peoples State Bank.
You Will Learn:
- How to recruit talented graduates and retain their services
- How to retain valuable, tenured employees in a competitive banking environment
- How technology can both streamline banking processes and serve as a method to attract new employees
About the Presenter
Jared Morris, Senior Credit Officer, People’s State Bank
Jared Morris, Senior Credit Officer: Jared Morris is the Senior Credit Officer at Peoples State Bank in Wausau, Wisconsin. Jared oversees all aspects of Credit Administration at Peoples State Bank, a $900MM financial institution focused on Commercial Lending. This includes, but is not limited to, loan policy administration, credit underwriting, and recruitment, development and retention of credit talent.
Over the past 5 years, Peoples State Bank has had no turnover in Credit Administration, while tripling the size of the team from 4 to 12. Jared believes that strong asset quality begins with a strong credit culture. This culture is only as strong as the people who support it daily.