Florida Banking October/November 2024

PRESIDENT'S PERSPECTIVE

PEER GROUPS: BRINGING VALUE TO YOU AND FBA

BY KATHY KRANINGER, FBA PRESIDENT AND CEO

K nowledge is like money: to be of value it must circulate, and in circulating it can increase in quantity and, hopefully, in value. – Louis L’Amour I was excited to be CEO of FBA for two key reasons – first, the opportunity to support our fantastic bankers

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its engagement pillar, and we are launching a number of peer groups to carry it out. Peer groups provide vital forums where ideas flow freely and new perspectives emerge, often leading to breakthroughs that would be impossible to achieve alone. For example, consider the insights gained from

and all that you do as pillars of our communities; second, the opportunity to engage with other state banking associations, ABA, ICBA and peer business organizations. Relevant to this column, I am incredibly grateful for the network of state banking association CEOs whose strong relationships carry to our teams. We are regularly sharing ideas, tackling challenges and leveraging resources – ensuring I can bring the best to FBA’s mission of supporting you as you serve your communities. In our fast-paced world, few things are as valuable

discussing how different institutions are tackling the same issue — whether it’s cybersecurity threats, compliance burdens or digital transformation. What works for one organization might not work for another, but through conversation and shared experiences, we can uncover approaches that best fit our unique contexts. These interactions help us make informed decisions, mitigate risks and, ultimately, drive better outcomes for our institutions and the communities we serve. The value of engagement also goes beyond problem

“PEER GROUPS PROVIDE VITAL FORUMS WHERE IDEAS FLOW FREELY AND NEW PERSPECTIVES EMERGE, OFTEN LEADING TO BREAKTHROUGHS THAT WOULD BE IMPOSSIBLE TO ACHIEVE ALONE.”

solving to building relationships that foster trust and collaboration and extend outside the meeting room. This level of engagement requires an ongoing commitment. The kind of commitment I see in our membership and that the FBA Board wants to ensure is here for the next generation of bankers.

as the strength of our connections. As bankers, you know that inherently when it comes to your customers and communities. Many of you have noted the value you find in engaging with each other as peers who face common challenges or serve in similar roles. Our new FBA strategic plan reflects that interest in

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