Winthrop attorneys Tony Moch and Amber Kraemer will be speaking at the ICBM Convention on August 4, 2022. Their session is titled, “How Can a Bank Implement a Successful Succession Plan,” and they will lead the discussion around setting goals regarding succession planning. Step one: identify the purpose – officer recruitment, retirement, liquidity, general estate planning, lack of successors, etc. Step two: think about the ideal timeline and considerations that go into accomplishing the goal. Step three: determine the steps necessary to accomplish the goal within the intended timeline, including legal documentation and regulatory requirements. Attendees will walk away with an understanding of different key options available with respect to succession planning and the legal and regulatory steps associated with the different options.
This year ICBM will recognize 60 years as an association supporting Independent Community Banks in Minnesota. Innovation and Transformation have been cornerstones for this organization throughout their strong history.
Mentioned Attorneys and Professionals
