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Federal Reserve Monetary Policy and Inflation

The U.S. Congress mandates that the Federal Reserve seek to achieve maximum employment, stable prices and moderate long-term interest rates in the U.S. The Federal Reserve itself operationalizes this “stable price” goal by stating that 2% annual inflation is “price stability”. This has never made sense to me. If prices rise 2% a year for…

Bull Market

Is the Bull Market in Bonds Over?

This past December, the Federal Reserve raised the federal funds rate target to between 1.25% and 1.50%. While two of the Fed presidents voted against the decision due largely to concerns that inflation and wage gains were still small and below expectations, Fed Chair Janet Yellen and the others referenced a strengthening labor market and growth in the aggregate economy to support the rate rise. Economic data released since the December decision have, in turn, created considerable uncertainty regarding the path of U.S. interest rates going forward.

Adding Value Through Leadership

Annually, Gallup completes a global study of the workplace and workforce attributes by surveying and collecting data from thousands of employees across all business sectors. The results of their work is alarming and disappointing as it continues to identify workforce problems that all businesses are facing. This report, “State of the American Workplace,” indicates that…

Gold Rush Referral Program

The 2018 Gold Rush Referral Program is Here

Alumni and students are eligible to earn great rewards by encouraging colleagues to enroll in the following GSBC programs: 68th Annual School Session Executive Development Institute for Community Bankers® Community Bank Investments School How to Participate: Click here to register as a member and get your own unique referral link. Share your referral link with prospective…

GSBC Appoints New Trustee Leaders

GSBC Appoints New Trustee Leaders for 2017-18

The Graduate School of Banking at Colorado (GSBC) has recently elected bankers to leadership roles for the Board of Trustees. Machelle Connally-Van Trump, executive vice president and chief lending officer, Citizens State Bank & Trust Co., Ellsworth, to its Board of Trustees. Connally-Van Trump’s banking career spans 31 years. She is active in the Kansas…

Appling to Lead GSBC

Appling to Lead GSBC in 2018

Troy Appling, executive vice president, The Bankers Bank, Oklahoma City, Okla., has been appointed chair of the Graduate School of Banking at Colorado (GSBC) for 2018. Appling’s career as a second-generation banker spans more than 25 years. He has worked in several areas of banking including lending, operations, IT and marketing. He is active in many professional organizations…

GSBC Concludes 67th Annual School Session

GSBC Concludes 67th Annual School Session, Announces Class of 2017

The Graduate School of Banking at Colorado (GSBC) awarded diplomas to the 176-member class of 2017 at its annual graduation celebration July 27, at University of Colorado’s Folsom Field in Boulder, Colo. GSBC also awarded 20 students in the top 10% of the graduating class with honors recognition. Honors graduates include: Katherine Burrows-Noring, Nathan Dellinger,…

Changing Interest Rates

How Will Changing Interest Rates Affect the Community Bank Investment Portfolio?

Recent economic data suggest that the U.S. and global economies are growing, yet inflation is modest. Federal Reserve Chairwoman Janet Yellen has, in turn, signaled that the Fed will be cautious in liquidating its $4.5 trillion holdings of long-term securities. Not surprisingly, market participants are unsure as to what the future path of interest rates…

GSBC to Honor Guerin

GSBC to Honor Guerin, 28th Scarboro Award Recipient

The Graduate School of Banking at Colorado (GSBC) is pleased to announce Roger Guerin, senior vice president, comptroller and chief financial officer for Sanford Institution for Savings in Sanford, Maine as the 28th recipient of the James C. Scarboro Award. Scarboro co-founded GSBC—formerly the Colorado School of Banking—in 1950, and died in 1973. In his…

Technology Regulation Leadership Topics

Technology, Regulation and Leadership Topics to be Highlighted in 2017 Curriculum

As economic and competitive conditions change, GSBC constantly revises its curriculum to address current issues. In addition to its core curriculum, in 2017 GSBC will extend coursework to examine the impact of demographic changes, technology changes, management succession issues and macroeconomic/regulatory events as they affect community banks. Demographic Changes The keynote speaker on the opening…