Hunt & Varela to lead FOTB


Joye Hunt, New Chair of Friends of Traditional Banking

Friends of Traditional Banking is pleased to announce Joye Hunt as the newly elected chair of the Executive Committee, with Virginia Varela as vice chair. Ty Abston, who has served as chair of the board for the 2017-2019 term, becomes immediate past chair.

"I have been honored to lead FOTB over the last two years. During this period, we had another very


	Virginia Varela, New Vice Chair of Friends of Traditional Banking

successful election cycle and continued to build on our past successes," said Abston, who also serves as chairman of the board and CEO of Guaranty Bank & Trust. "Joye will provide strong leadership to continue our positive momentum. FOTB is becoming a very powerful weapon in the fight to preserve traditional community banking."

Hunt, who has served on the FOTB Executive Committee and previously represented Kentucky on FOTB's Nationwide Banker Board, is also the SVP-CFO for PBK Bank in Stanford, Kentucky. With more than 30 years of community banking experience, she has been long involved with the Kentucky Bankers Association and has a passion for traditional community banks and the people they serve.

"I want to thank Ty for his amazing leadership, commitment, and guidance of our organization. FOTB has been elevated to new levels of success," Hunt said. "With the rapid decline in numbers and presence of our community banks, FOTB is vitally important to the survival and fight for our remaining community banks and the communities and customers they serve. I am honored and consider it a personal privilege to be working with the FOTB teams in this noble cause."

Varela, the new vice chair, is a seasoned banker with over 30 years of successful community banking experience, both as a bank executive and as a former banking regulator. She currently serves at the President and CEO of Golden Pacific Bank in Sacramento, California, as a Director of the Federal Home Loan Bank of San Francisco, and on the Executive Committee of FOTB.

"I graciously thank Ty Abston for his service and for all of the members that give so generously of their time to support our banking industry and the wellbeing of our national economy," said Varela. "I also congratulate Joye Hunt as our organization's new chairwoman. We are confident she will enthusiastically lead our organization forward in the coming years."

Meet our full leadership team

Friends of Traditional Banking is governed by an Executive Committee, an Advisory Council of bank association execs, and a Nationwide Banker Board of bankers from each state.

See the full leadership roster here:

https://friendsoftraditionalbanking.com/index.php/our-leadership

The messages below are provided by Platinum Friends of FOTB. If you or an organization you know is interested in becoming a Corporate Friend, email mike@friendsoftraditionalbanking.com

Save the Date for the

ICBA LIVE National Convention

Community banks are getting ready to turn up the volume in Nashville! Join the Independent Community Bankers of America® ensemble as they raise their voices for advocacy, jam with innovators and fellow bankers, and hear the very latest industry insights and ideas. This is the ultimate gathering for community bankers who are serious about dialing into high-tempo networking and learning.

Read more about this upcoming event from our partner at ICBA here: https://www.icba.org/events/2019-icba-live-convention

Too Much or Too Little? How Much Information Should a Bank Board Receive and Review?

A board's primary responsibility is to manage risk of all types in the bank, including information security risk. Carrying out good risk management also helps the director to avoid personal liability. To perform top-level oversight and monitoring of information security as regulators require, the board needs accurate and high-quality information. There are several ways to think about what kinds of IT information the board should receive, and how much.

Read more about tips from our partner at BankOnIT for how to meet these threats: http://blog.bankonitusa.com/?q=node/89

PAID for by Friends of Traditional Banking. NOT authorized by any candidate or candidate's committee.

Friends of Traditional Banking is a non-partisan grassroots effort organized by bankers in 2012 to improve the political and regulatory environment for the traditional banking industry in the U.S. FOTB is the inverse of a PAC--instead of spreading a little bit of money to a lot of campaigns, they focus a lot of money on a couple of key campaigns.