Maximizing Mutuality Conference 2018

Maximizing Mutuality Conference 2018

Thursday, May 17, 2018 – Friday, May 18, 2018
The Penn Stater Hotel & Conference Center – 215 Innovation Boulevard, State College, PA



To review program details and register by mail, please download the REGISTRATION BROCHURE

To register online, please complete the ONLINE REGISTRATION FORM


THURSDAY, MAY 17, 2018


8:45 a.m.   
PACB President/CEO, Nick DiFrancesco
PACB SVP – Barbara Holbert

 9:00 a.m.    Mutual Holding Companies and Capitalization (confirmed)
Daniel P. Weitzel, Esquire
Locke Lord
701 8th Street NW Suite 700
Washington, DC 20001
(202) 220-6963

Daniel P. Weitzel represents banks before the federal bank regulatory agencies as well as the many state banking departments. This representation is regarding both transactional and regulatory compliance matters. Daniel also represents clients in corporate and securities law, focusing on mergers and acquisitions and other corporate reorganizations, private placements of both debt and equity and general corporate business planning and counseling. Daniel has represented companies and individuals in numerous instances relating to corporate control issues and financial transactions. Furthermore, Daniel has also represented investment banks and other entities in acquisition, divestiture and capital raising transactions.

10:30 a.m.                  REFRESHMENT BREAK

11:00 a.m.                  Executive Compensation & Benefits (confirmed)
Thomas Hutton, Esq.
Luse Gorman, PC
5335 Wisconsin Avenue, NW, Suite 780
Washington, DC 20015
202-274-2019 (direct)
301-801-4272 (cell)

Tom Hutton is a partner in the firm’s Executive Compensation, Employee Benefits and Taxation Group. Mr. Hutton has been practicing in the executive compensation and employee benefits area for 20 years. He has extensive experience in designing and drafting tax-qualified and non-qualified arrangements, and advising public and private employers on tax issues, including Code Sections 409A, 280G, 368(a) and 162(m). He routinely counsels clients on employment and change-in-control agreements, executive severance arrangements, SEC executive compensation disclosure, corporate governance and succession planning. He also regularly works on clients with respect to bank-owned life insurance arrangements and split-dollar life insurance agreements. He actively counsels clients on employee benefits and tax issues in mergers and acquisitions.

Prior to entering private practice, Mr. Hutton served as an Attorney-Advisor at the United States Tax Court.

12:30                            LUNCHEON 

1:45 p.m.                     Trends Shaping the Bank of the Future (confirmed)
Timothy Reimink
Crowe Horwath
55 Campau Ave, NW
Grand Rapids MI  49503
(616) 774-6711

Tim Reimink is a managing director in the Crowe Horwath LLP performance consulting group. He specializes in providing services for financial services clients to help improve performance and profitability. Tim also oversees the firm’s annual financial institutions compensation survey and benchmarking database.

Tim has 25 years of broad industry management experience in commercial and retail banking, and more than 10 years of extensive professional experience working with banks and credit unions in the areas of:

Performance benchmarking
Process improvement
Cost reduction
Technology planning
Credit risk management
Incentive compensation
Management assessment

Prior to joining Crowe, Tim held senior positions with Bank One, First of America Bank, and National City Bank.

Tim received his Bachelor of Science, Economics and Mathematics, magna cum laude at Kalamazoo College and a Master of Business Administration, Finance and Management, with honors from Northwestern University.

2:45 p.m.                     Cyber Security: Protecting Your Institution and Your Customers—How Mutuals Can Address These Threats During 2018 & Beyond (Confirmed)

Jeremy Burris CISA, CISSP, MCP, L | PT, CPTS, C|EH, ECSA, CICP Security+
S.R. Snodgrass, P.C.,
2009 Mackenzie Way
Suite 340
Cranberry Township, PA  16066
(800) 580-7738
(724) 934-0344
Cell: 814-574-8627

Jeremy has over 15 years of information systems audit and controls involvement. His main focus at Snodgrass is network attack and penetration testing. He has had extensive training in this area, holds four certifications in the area, as well as a license which very few penetration testers hold. This gives a unique security focused approach to all of the work that Jeremy performs. His technical experience includes proficiency in Microsoft Windows server and desktop environments; various versions of Linux, Kirchman Bankway Financial application; network security; and data analysis.

4:00 p.m.                     Insider Views on the New Administration and Regulatory Climate for Mutual Institutions (Confirmed)

Peter Knight
Director, Government Relations
FHLBank Pittsburgh
1301 Pennsylvania Avenue NW, Suite 1050
Washington, DC  20004

Peter Knight, who joined FHLBank Pittsburgh in 2002, is responsible for directing the Government Relations Department, developing GR positions and strategies, and leading an outreach program to support the Bank’s public policy purpose. Throughout his career, Peter has worked on financial services issues in Washington’s public policy arena. After graduating from Yale University, he worked for several members of Congress who served on the House Banking Committee. Following his time on Capitol Hill, Peter held multiple government relations positions with public and private sector companies, including Fannie Mae, the National Association of Mutual Savings Banks, the National Council of Savings Institutions (which became America’s Community Bankers), the Resolution Trust Corporation and the Federal Deposit Insurance Corporation

(FDIC).Peter has worked on many significant financial services laws including the Garn-St Germain Act; the Financial Institutions Reform, Recovery and Enforcement Act of 1989; the Gramm-Leach-Bliley Act and the Dodd-Frank Act

4:45 p.m.                     ADJOURNMENT

6:00 p.m.                     NETWORKING RECEPTION
Sponsored by:  Locke Lord

7:00 p.m. –                   DINNER
9:00 p.m.                        Sponsorship Available

FRIDAY, MAY 18, 2018

8:30 a.m.                     Governance and Board Effectiveness For Executives and Trustees
Dr. James Clarke (Confirmed)
Clarke Consulting
760 Newtown Rd
Villanova, PA 19085
(610) 688-9466

Dr. James Clarke is the Principal of Clarke Consulting, a Villanova, Pennsylvania firm specializing in ALCO issues and strategic planning for community banks.  Jim has lectured on asset/liability management at the Stonier National School of Banking sponsored by ABA, the Southwest Graduate School of Banking, the New England School of Financial Studies and Connecticut School of Banking. He conducts ALM seminars for many state associations, and for Risk Management Association (RMA) and Financial Managers Society (FMS).  Jim also conducts board education programs on ALM for a number of state associations. In 2014 through 2017, Jim spoke at the FMS Forum, the Connecticut, Maine and Pennsylvania Community Bankers conventions and number of director conferences. Dr. Clarke is on the Board of a community bank, and is a Director of an investment company. Jim is also on the Editorial Board of the RMA Journal.

10:00 a.m.                  A Survival Guide to a Merger of Mutual Equals (invited)

Greyson Tuck, Esquire
Board Member
Gerrish Smith Tuck, PC
700 Colonial Rd # 200,
Memphis, TN 38117
(901) 767-0900

Mr. Tuck is a member of the Board of Directors of both the Memphis based law firm of Gerrish Smith Tuck, PC, Attorneys and Gerrish Smith Tuck, Consultants, LLC.  These two firms have assisted numerous community banks in virtually every state across the nation.  Mr. Tuck’s legal and consulting practice places special emphasis on community bank holding company formation and use, community bank mergers and acquisitions, regulatory matters, corporate reorganizations, corporate taxation, general corporate law and community bank strategic planning.  Mr. Tuck comes from a community banking family.  He is a graduate of the University of Tennessee, where he majored in Accounting and Finance, and received his law degree from the University of Memphis Cecil C. Humphreys School of Law, where he was a Herff Scholar.  Mr. Tuck is also a graduate and current faculty member of the Paul W. Barret, Jr. School of Banking.  He is a frequent presenter at state and national bank association conferences and has authored a number of articles of interest to financial institutions.  Mr. Tuck is a member of the Tennessee Bar Association and an active participant in the Memphis Bar Association.

11:30 a.m.      ADJOURNMENT             




The Penn Stater Hotel & Conference Center is located just minutes away from Penn State’s University Park Campus, the Penn Stater offers quick and easy shuttle access to everything the University has to offer. The hotel features 300 guest rooms and suites complete with all the amenities you need for a relaxing and productive stay: complimentary Wi-Fi, coffeemakers, flat-screen HDTVs, and king, queen, or double beds. On-site hotel amenities include a lap pool, 24-hour fitness center, two restaurants, complimentary parking, and ample special event space.

Penn Stater Address: Penn State University, 215 Innovation Blvd, State College, PA 16803.



Please contact the Penn Stater Central Reservations Department 1-800-233-7505 and Reference the PA Association of Community Bankers Conference May 17-18 to receive the group rate.



Enhance your trip to State College by taking in some of the area’s local attractions and activities. From golf to concerts, there’s something fun for people of all ages. The Penn Stater Hotel and Conference Center is a great place to stay when visiting attractions like the Arboretum at Penn State, Tussey Mountain, and Penn State Golf Courses.



In addition to being one of the top universities in the country, Penn State offers a wealth of attractions for students, locals, and visitors to enjoy. See a live show or sporting event at Bryce Jordan Center, a 15,000-seat arena located in the center of PSU. Observe fine art in The Palmer Museum of Art at Penn State, which offers an ever-changing array of exhibitions throughout 11 galleries as well as a print-study room, 150-seat auditorium, and outdoor sculpture garden. Visit the Arboretum at Penn State and walk through its beautiful botanical gardens.



Grab your golf clubs and hit the greens! Penn State Golf Courses deliver the very best the game has to offer, with the finest in course facilities; an award-winning driving range with four practice putting greens, a bunker area, and 32 artificial driving range stalls; an on-site clubhouse and cafe; and personalized service. The golf courses at Penn State are just over five miles from our hotel.



Registration Fee: $499.00