Growth
10/18/2010

The King + Queen in Today’s Financial Environment


kqcards.pngIf I’ve learned only one thing since re-joining Bank Director last month, its that capital is king, and liquidity, queen. Whether in Dallas, Chicago, New York or D.C., the messages I’ve heard from bankers, attorneys and CEOs are telling: if you’re in a leadership position, these are some of the most challenging times the U.S. banking industry has ever faced.

What buoys my confidence?  A collective optimism that opportunities for growth and new client relationships do exist.

So rather than taking a stance on asset quality issues, the absence of earnings or speculate about when lending will start again, my plan is to post something interesting I’ve recently learned that relates to growth.  Every Monday, I’ll use this blog to share what I’ve learned in my travels, provide an opinion or two, and generally contribute to our regular dialog around driving bottom line performance and enhancing shareholder value.

Whereas our editor’s writing will trend towards the director community — and VP of Digital’s will highlight our many great conferences — I’m intentionally focusing my writing efforts around the interests of the key officers running financial institutions.  As we build upon Bank Director’s 20 years of excellence in this industry, I expect this to be a fun journey and welcome ideas and suggestions for emerging areas of interest.

WRITTEN BY

Al Dominick

Board Member

Al Dominick serves on the board of DirectorCorps, Inc. The former CEO of Bank Director | FinXTech, he is a partner at Cornerstone Advisors.

Prior to Cornerstone and Bank Director | FinXTech, he ran the business development efforts for Computech, a Bethesda, Maryland-based information technology firm (now part of NCI — NASDAQ: NCIT). Before that, he worked for Board Member, Inc. in a variety of revenue-generating roles.

A 1999 graduate of Washington & Lee University, where he majored in Politics and was a four-year letterman on the varsity baseball team, he earned an MBA from the University of Maryland’s Robert H. Smith School of Business in 2007.