Officers
Megan Trapp
President
Level One Bank
Lauren Golba
Vice President
Comerica Bank
Matt Richter
Treasurer
Talmer Bank & Trust
Julie Nowicki
Secretary
Comerica Bank
Board of Directors
Jason Bierlein
Long-term Planning Chair
KeyBank
Jason Currie
YP Chair
Bodman
John Danielson
Member-at-Large
Level One Bank
Carrie Dickinson
Audit Chair
Northstar Financial Group
Catherine Faysal
Member-at-Large
Clayton & McKervey
Chelsea Haftka
Women in Business Chair
Wells Fargo Bank
Nevra Kreger
YP Chair
Plante Moran
Peter Leto
YP Committee
Bodman
Jonathan Martin
Programming Chair
Amherst Partners
Suhas Parekh
Sponsorship Chair
Comerica Bank
Jill Pociluyko
Member-at Large
Sterling Commercial Credit
Jeff Rauth
Programming Committee
Titan Bank
Rhett Rowe
Programming Committee
Great Lakes Business Credit
Kyle Sasena
Education Chair
Level One Bank
Zana Tomich
Membership Chair
Dalton & Tomich
Kristen Veresh
Communications Chair
Varnum LLP
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100 Years of RMA...
The Birth of RMA
The Risk Management Association is marking the 100th year of serving its members. The official observance, beginning at this year's Annual Risk Management Conference in Philadelphia (November 17-19), will continue through and beyond the 100th anniversary date-June 25, 2014.
See the complete article
here.
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Thank you Sponsors
Platinum Sponsors
Gold Sponsors
Amherst Partners
Dalton & Tomich
Great Lakes
Business Credit
Silver Sponsors
Plante Moran
Sterling Commercial Credit
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Want to Sponsor RMA East Michigan?
We have general sponsorships and golf sponsorships currently available!
Please contact us:
517-424-0081
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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.
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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
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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.
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We need your Feedback
We welcome your feedback! Please send us newsletter article ideas, program suggestions, etc...
[email protected]
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Upcoming Events
Thursday, September 12 - YP Golf Outing
Wednesday, September 18 - Using LinkedIn Effectively
Tuesday, October 22 - Women in Business
Networking and make-up how to's from Chanel
Registration to open soon.
Tuesday, October 29 - Lending Horror Stories
Registration to open soon.
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The Motor City Faces a Rocky Road in Chapter 9 Bankruptcy
By:Jason W. Bank, Chair of Kerr Russell's Bankruptcy and Restructuring Practice
On the day of his appointment as the City of Detroit's emergency financial manager, Kevyn Orr referred to the herculean task of fixing the city's balance sheet as the "Olympics of Restructuring." In order to earn the gold medal, Mr. Orr has filed the largest Chapter 9 municipal bankruptcy in U.S. history. This article discusses some of the key aspects of Chapter 9 and explores the significant differences between Chapter 9 and Chapter 11 business reorganizations.
Many in the business community are all too familiar with Chapter 11 bankruptcy after the economic strife that the region, and particularly, the auto industry, experienced over the past decade. However, business leaders and professionals in the region have had little or no experience with Chapter 9 proceedings. The only Chapter 9 case filed in the U.S. Bankruptcy Court for the Eastern District of Michigan involved a small community hospital authority.
In order to proceed under Chapter 9, the City of Detroit will first be required to demonstrate that it is "eligible" for Chapter 9 by, among other things, proving that it is insolvent and that it negotiated in good faith with creditors in order to reach agreements outside of bankruptcy. This is a key distinction from Chapter 11, where there is no requirement for a business to prove that it is eligible for Chapter 11 relief at the beginning of a case. There will also be legal challenges over whether Governor Rick Snyder properly authorized Orr to file bankruptcy.
Read the rest of the article here
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Sponsor Spotlight
Dalton & Tomich PLC
As financial markets continue their climb out of the Great Recession, the attorneys of Dalton & Tomich PLC are ready to lend a hand to banks and businesses.
Banks continue to encounter new regulations and changing federal and state laws that directly impact their business at a time when financial, lending, and real estate markets are steadily growing for the first time since 2007.
Now more than ever, the more than 30 years of combined experience that the attorneys of Dalton & Tomich PLC have in banking and business matters can play a vital role in your success
Dalton & Tomich PLC has represented financial institutions and lenders conducting loan origination, foreclosures and short sales, and negotiating workouts and forbearance agreements. The firm has also advised privately held companies in day to day business matters, leasing, operational and contractual matters, succession planning and sale or disposition of assets.
Additionally, a unique land use litigation practice representing property owners and religious entities in land use disputes with local governments has the firm distinctively positioned to assist in real estate transactions, including financing, development, and selling commercial properties.
No matter the banking or business issue, Dalton & Tomich PLC is ready to represent your or your clients' needs.
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Thank you.
Thank you for your participation and support of the East Michigan Chapter of The Risk Management Association. Your support has enabled us to continue to provide you, our membership, with fantastic opportunities for professional development and relationship building. As we kickoff our the start of our fiscal year, we are excited to present you with a lineup of great events. Please review the list below and be sure to mark your calendars for each of our upcoming events.
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RMA Apps
The RMA Journal on the Go
Keep The RMA Journal at your fingertips on your smart phone or tablet with our new app. The RMA Journal app provides award-winning RMA Journal content wherever you are in a format that's convenient and easy to read. Using the app, you can save articles for future reference and you can modify format and type size for your reading comfort.
Connect with The RMA Journal on your iPhone, iPad, iPod Touch, Android smart phone and tablet, or Kindle Fire.
Visit the Amazon, Apple, or Google app stores and download The RMA Journal app today!
The RMA App
Take RMA with you whether you're in the office, meeting with colleagues, or traveling on business. The RMA universal, cross-platform app is for members and customers of The Risk Management Association (RMA) and runs on iPhone, iPad, iPod Touch, and Android devices.
Our app gives you instant access to timely RMA news and events, the ability to find other RMA members, and view and update your RMA profile. Visit your online app store to get the app today and start accessing all of the following features:
EVENT SEARCH: Find enterprise, credit, market, and operational risk events, such as the Annual Risk Management Conference. See event schedules and conference site floor plans to help you plan your agenda.
DIRECTORY: Access contact information for other RMA members. Search by keyword (last name, city, or bank).
RMA NEWS: Stay apprised of the latest RMA news via Twitter and the RMA Blog.
MY PROFILE: View and update your RMA profile, add a photo, and store your contact information.
ABOUT RMA: Find out who RMA is and what we do, access our website (www.rmahq.org), or send us an email. Plus, see what RMA is talking about on Twitter, LinkedIn, Facebook, and YouTube.
CONTACT RMA: Get fast and easy access to important RMA contact info, including regional managers, Customer Care, etc. Visit the Apple or Google app stores and download the RMA app today!
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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 Sharon Kimble, Executive Director at [email protected] |
Visit us on our webpage here.
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