Independent Banker - December 2024 - 20

PORTFOLIO
Jeff Dick, MainStreet Bank
chairman and CEO, used
board software to digitally
share meeting documents
to all members at once.
◎FOCUS PEOPLE
Can a software solution
solve your board
management woes?
From scheduling and information-sharing to bolstered security, board
management software could smooth the bumps in the road that come
with manual management processes. By Cheryl Winokur Munk
oard management is a very
people-based practice, but it can
often be overwhelming to wrangle
a large group of people, whether
you're trying to schedule a meeting
or get on the same page about bank
decisions and policies. That's why
some community banks have chosen
B
to adopt board software, which can
enhance information-sharing and
other efficiencies and therefore
lighten the load.
While there are several providers
of board software, and features can
vary, these platforms generally offer
password-protected access to essential
documents and informational
materials, as well as communication
tools to make boards function more
efficiently and effectively.
" It's a way to categorize and store
information for board members, " says
Troy A. Peters, president and CEO of
$940 million-asset Jonestown Bank &
Trust Co. (JBT) in Jonestown, Pa.
What else does board management
software have to offer? Here's a look
into the efficiencies that could come
with implementing a platform.
Organizational efficiencies
Having board software can be a
significant timesaver for banks and
boards. In a paper-based system, if a
board planned to meet on Wednesday,
everything might have to be printed
the previous Friday. Before adopting
board software more than a decade
ago, CEO Jeff Dick notes that his bank,
$2 billion-asset MainStreet Bank in
Fairfax, Va., was printing about 250
20 // ICBA Independent Banker // December 2024
Photo: Noah Willman

Independent Banker - December 2024

Table of Contents for the Digital Edition of Independent Banker - December 2024

Contents
Independent Banker - December 2024 - Cover1
Independent Banker - December 2024 - Cover2
Independent Banker - December 2024 - Contents
Independent Banker - December 2024 - 2
Independent Banker - December 2024 - 3
Independent Banker - December 2024 - 4
Independent Banker - December 2024 - 5
Independent Banker - December 2024 - 6
Independent Banker - December 2024 - 7
Independent Banker - December 2024 - 8
Independent Banker - December 2024 - 9
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Independent Banker - December 2024 - 11
Independent Banker - December 2024 - 12
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Independent Banker - December 2024 - 24
Independent Banker - December 2024 - FIS1
Independent Banker - December 2024 - FIS2
Independent Banker - December 2024 - FIS3
Independent Banker - December 2024 - FIS4
Independent Banker - December 2024 - 25
Independent Banker - December 2024 - 26
Independent Banker - December 2024 - 27
Independent Banker - December 2024 - 28
Independent Banker - December 2024 - 29
Independent Banker - December 2024 - 30
Independent Banker - December 2024 - 31
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Independent Banker - December 2024 - 61
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Independent Banker - December 2024 - 68
Independent Banker - December 2024 - Cover3
Independent Banker - December 2024 - Cover4
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