Bank School Class of 2024
Bank School Class Schedule & Descriptions
BANKEXEC SIMULATION
BankExec was developed to provide bankers with an understanding of financial management challenges in banks. Except for senior management, few individuals in a bank have the opportunity to be exposed to the wide range of operating decisions that will be presented in this exercise. As a participant, you will be a member of a management team responsible for the operation of a $500 million bank. During the simulation, students will develop and implement policies in the areas of loans, securities investment, deposits, funding sources and capital. Students will face competition from other financial institutions operating in the same community and will be subject to a changing economic environment. A major purpose of the exercise is to develop an understanding of the complexities of managing banks in a dynamic economy and of the need for an integrated, consistent set of policies to maintain the growth, profitability and survival of the banking institution.
The simulation operates on the basis of quarterly decisions and reports. Students will receive reports at the end of each calendar quarter that describe the financial results of their bank and conditions in the economy. Virginia bank executives will be on hand to assist participants in making these important financial decisions.
Upon completion of the BankExec program, the students will make presentations demonstrating what they have learned from their participation in the program.
CAMELS RATINGS
During this session, students will be introduced to and use the CAMELS Rating System to assess the safety and soundness of a case study bank. Additionally, students will outline the common risk trends most prevalent today in the financial services industry and participate in a conversation comparing common performance metrics for community banks in Virginia, the 5th District and the nation.
ASSET/LIABILITY MANAGEMENT
This course introduces students to the risk to the bank’s income statement and balance sheet when interest rates change. The concepts of rate sensitive assets and rate sensitive liabilities will be studied. In addition, the course investigates the possibility of earning losses that can result from interest rate changes. Finally, students will study policies and procedures that may be able to reduce the danger of earnings losses in a volatile interest rate environment.
BANKING HOT TOPIC (Topic varies each year)
Each year, the third-year class has a class, taught by a UVA professor and the VBA’s Darden liaison, Elena Loutskina, PhD on a relevant, current hot topic in the banking industry. Past sessions have included:
• Frontiers of Fintech
• Current State of the Banking Industry through the Lense of SVB
Bank School Convocation
The Virtual Bank School Convocation will take place on Tuesday, July 16th at 1:30 p.m. During this Zoom meeting, VBA staff will walk through all of the Bank School logistics and answer any questions you may have. You will also hear from your class officers about two of the social activities and how you can support a local non-profit.
Zoom Information for the 2024 Bank School Convocation
Join the Bank School Convocation here.
- Meeting ID: 810 9261 2938
- Passcode: 107233
You can view the recording of the Bank School Convocation here.
Passcode: #31f?Gx+
Bank School Newsletters
- June 25th Newsletter
- July 2nd Newsletter
- July 9th Newsletter
- July 16th Newsletter
- July 19th Newsletter
- July 21st Newsletter
- July 22nd Newsletter
- July 23rd Newsletter
- July 24th Newsletter
- July 25th Newsletter
- July 26th Newsletter
Third Year Class Materials
All PDF presentations below are password protected. The password for each of the presentations is BankSchool2024 (case sensitive/no spaces).
camels ratings
asset/liability management
Asset/Liability Management - Dr. Ed
Important Parking Information
Parking at Darden: With other groups in house and the new hotel, parking is limited at Darden. With that we have developed the following plan for students during the week of Bank School.
Sunday, July 21: All 1st and 3rd year students will park in the parking garage at Darden.
Monday, July 22 – Friday, July 26: All students will park at John Paul Jones Arena in the South Lot. The John Paul Jones Arena is located at 295 Massie Road, Charlottesville, VA 22903. The South Lot is located on the corner of Massie and Copeley Roads (see here for a map indicating where you park.) Directions to JPJ can be found here. Shuttle buses will run each morning and each afternoon between the South Lot and Darden. Please note – you may have a few minutes wait as buses transport people, but they will be running a continuous loop. Shuttle times for each day can be found on your curriculum schedule here.
Social Event Parking: We have two evening social events at The Omni during the week of Bank School – Sunday’s Welcome Reception and on Thursday’s Third Year Class Party. For students staying at the Omni, you will access the parking as normal with your room key. For students who are staying at another hotel or are commuting, you will collect a parking ticket when entering the parking garage at the Omni. At the event’s check-in, ask for a parking voucher to use when exiting the garage.
Bank School Photo Contest
Social Schedule
sunday, july 21 – welcome reception
Network with your classmates and VBA staff, register for your class charity event, pick up your name badge, and enjoy some networking before heading off to dinner at a restaurant of your choice!
monday, july 22 – class night
Join other members of the third year class, your VBA staff liaison, Gabby Bond, and third year class faculty at Three Notch’d Craft Kitchen & Brewery. You can learn more about Three Notch’d here. Please note that food and beverage costs are on your own.
tuesday, july 23 – third year class charity event
Each year, the third year class chooses a Charlottesville area non-profit to support with financial and in-kind gifts. This year, your class will be raising money and gathering donations for the Autism Sanctuary. On Tuesday, make plans to join students, faculty and staff for a night of fun at Random Row Brewing Company. Click here to purchase a ticket. Ticket price includes a donation to the Autism Sanctuary and two drink tickets. Bites will be available for purchase from Two Brothers Southwestern Grill food truck. Also, we will be taking a class picture so be sure to wear your class t-shirt that you will receive on Sunday!
The Autism Sanctuary also accepts a number of items that allows them to create an inclusive, engaging space for all to learn, grow, and belong in nature! At Sunday’s Welcome Reception, your class will be collecting the following items to deliver to the organization while at Bank School.
- Anything gardening related (including tools, gloves, seeds, etc.)
- Outdoor games and activities
- Sensory-based materials or games
- Classroom materials
- Office supplies
- New printer
The organization has also created an Amazon wish list where you can purchase items and have them shipped directly to them – the wish list can be accessed here: Autism Sanctuary Donation Wish List.
thursday, july 25 – third year class party
It is time to celebrate all the hard work you have put in over the past three years! Join your classmates and students from the first and second year (as well as VBA staff, faculty and Fellows) as you wrap up your Bank School experience. The party will take place at the Omni Hotel in the Jefferson Ballroom and the theme this year is Hawaiian Luau so be sure to pack your best Hawaiian attire! The best dressed will receive the Big Kahuna award for their effort!
BankExec Information
2024 BankExec Team Assignments
2024 BankExec Pre-Course Assignment
BANKEXEC TEAM FORMATION ZOOM CALL
Intro to BankExec Presentation - June 17, 2024
Class Officer Contact Information
President
Danielle Atwood - Danielle.Atwood@cbtcares.com
Carter Bank & Trust
Vice President
Julie Lineberry - julie.lineberry@townebank.net
TowneBank
Treasurer
Chris Biby - chris.biby@bankwithunited.com
United Bank
Secretary
Jennifer Grant - jennifer.grant@townebank.net
TowneBank
VBA Staff Contact Information
Class Liaisons
- 1st Year Class Liaison: Monica McDearmon (804) 363-9347
- 2nd Year Class Liaison: Michele Dunn (804) 347-4169
- 3rd Year Class Liasion & BankExec: Gabby Bond (757) 561-3072
- Bank School Support: Chandler Owdom (804) 839-8420
Bank School Management & Oversight
- Kristen Reid (804) 467-6193
- Bruce Whitehurst (804) 241-3223