RMA East Michigan
  
FALL 2014 NEWSLETTER

RMA centennial logo  

Officers
  
Jason Currie
President
Bodman
  
Megan Trapp
Vice President
Level One Bank
  
Matt Richter
Treasurer
Talmer Bank & Trust
  
Jaime Johnson
Secretary
Level One Bank
  
Adam Mazza
Assistant Treasurer
Talmer Bank & Trust

  

Board of Directors
  
Lisa Frentz

Audit Chair

Doeren Mayhew

 

Chelsea Haftka Nakken

Women in Banking Chair

Wells Fargo Bank

 

Peter Leto

YP Chair

Bodman

 

Casey Johnson

Programming Chair

Euler Hermes

 

John Dimovski

Sponsorship Co-Chair

Harmon Partners

  

Jeff Hoover

Sponsorship Co-Chair

Howard & Howard 

 

Kristen Veresh

Communications Chair

Varnum LLP

 

John Danielson

Education Chair

Level One Bank

 

Zana Tomich

Membership Chair

Dalton & Tomich

 

Megan Trapp

Nominating Committee Chair

Level One Bank

 

Thank you Sponsors
  
Platinum Sponsors
Comerica Bank
  
Level One Bank
  
Gold Sponsors
Dalton & Tomich
Great Lakes
Business Credit
Varnum LLP
  
Silver Sponsors
Harmon Partners
KeyBank
Plante Moran
  
business_people3.jpg  
  
Want to Sponsor RMA East Michigan?
  
We have general sponsorships and golf sponsorships currently available!
  
Please contact us:

MISSION STATEMENT

The East Michigan Chapter of the Risk Management Association is a member driven organization dedicated to promoting and implementing professional development and relationship building opportunities for the financial and Risk Management industries.

  

RMA Credit Risk Certification

 

Why RMA-CRC? 
In today's rapidly changing financial services industry, you need practical, day-to-day knowledge that will help you excel in your profession. You need the latest skills-skills that are current and complete. And you need the demonstrated ability to serve a diverse base of clients. Plus, you need all of your knowledge, skills, and abilities to be validated by a respected organization like RMA.

 

For more information, check out our website:

www.rmahq.org

  

Benefits of RMA Membership

 

Are you taking advantage of all that RMA has to offer?

  • Whitepapers
  • Other publications
  • Studies
  • Access other Members
  • Webinars
  • Regulatory updates

Check out more here.

 

  
We need your Feedback
 
We welcome your feedback! Please send us newsletter article ideas, program suggestions, etc...
  
  
Upcoming Events
    
Thursday, September 11 - YP Golf Outing
Fieldstone Golf Club of Auburn Hills

 

Thursday, October 9 - SBA Lending
Level One Bank  

 

Tuesday, October 28 - Women in Business/Wine Networking
Northville Winery
Registration to open soon
  
Tuesday, December 2 - ACG/RMA Mingle Bells Holiday Party
Red Run at Royal Oak
Registration to open soon
Letter from the 2013 | 2014 President  
MTrapp  
And....that's a wrap!! It's that time of year again and RMA's fiscal year is coming to a close. The East Michigan Chapter of RMA has been going through  many changes and we are excited for what is to come over the next year and beyond. We have a number of new Board and Committee members that are coming on board for the 2014/2015 year and we are thrilled!! The diversity of our members continues to expand, which will further enhance our programming and educational offerings.

 

I would like to extend a BIG "thank you" to our Board members for another great year! Their hard work and dedication is what drives our chapter forward. Lastly, I will be passing the baton to a very capable and well deserved individual that will be stepping in as President: Jason Currie, Associate Attorney at Bodman PLC. The East Michigan Chapter is in great hands with Jason at the helm.
Sponsor Spotlight

 

 


 

Varnum's experienced banking group provides loan documentation services to a wide variety of banks, including national and global banks where the typical loan size exceeds $1 million. However, we have also developed cost-efficient ways to provide these services for smaller loans.  We understand and appreciate the need to manage costs for these services and work with our community bank clients to provide these services on a fixed-fee or other "packaged" basis. We also offer training sessions and materials for loan officers so they can learn to handle diligence matters, collateral perfection issues, and other documentation matters without our assistance for routine or smaller loans.

 

Our attorneys have extensive experience with all types of financing arrangements, including asset-based loans, cash-flow loans, mortgage financing, agricultural loans, SBA and other small business loans, construction loans, and government-guaranteed credits. We regularly negotiate, document, and perfect security interests for all types of collateral and handle all types of credit issues such as creditor participations, intercreditor agreements, loan subordinations, and other credit structures.

Challenges of a Foreign Market
By: Euler Hermes
  
While the market in the United States continues to grow and strengthen, companies continue to focus on the international market.  A staggering 95% of the world's consumers live outside of the United States.  In 2013, the U.S. export market represented $2.3 trillion of trade and opportunity.  Since the market collapse in 2009, nearly 1/3 of the growth in the U.S. is driven by the foreign market.  But reward often comes with risks.
  
Making a Case for the Future of Risk Management
By: Frank Devlin
  
Despite Congressional fights, while Canada's elite athletes were battling for Olympic gold half-a-world away in Sochi this past February, several of its elite students were on Canadian soil, engaged in a different competition.

 

At the Sobey School of Business-part of Saint Mary's University in Halifax, Nova Scotia-organizers, students, and judges gathered for the annual RMA-Sobey School of Business Credit Risk Case Competition.

The challenge: Digest complex information regarding funding requests and, using preparation, skills, savvy, and knowledge, decide how much credit to grant and make a presentation supporting that decision to a panel of judges.

The prize: $10,000 to the winning team and $5,000 and $3,000, respectively, to the runners-up.

  

Get Involved. Volunteer with RMA East Michigan.


 

Our chapter presents opportunities for individuals to get involved. Chapters rely on the talents of volunteers to stage many of their programs, conduct membership development efforts, and promote the ideals of the Association. To find out more about how you can get involved in our chapter, contact Zana Tomich, Membership Chair at [email protected].

 

 

 

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