GSBC Honors Tom Hoenig as the 29th Scarboro Award Recipient
BOULDER, COLO. — The Graduate School of
Banking at Colorado (GSBC) is pleased to announce Thomas M. Hoenig,
immediate past vice chair of the Federal Deposit Insurance Corporation (FDIC)
and former president and chief executive officer of the Federal Reserve Bank of
Kansas City, as the 29threcipient of the James C. Scarboro Award.
Hoenig has more than 40 years of experience in
economics, central banking, commercial bank supervision and executive
leadership. He is a life-long advocate of market based methods to allocating
scarce resources and assuring strong and consistent economic growth.
“Mr. Hoenig has made a profound impact on the
banking system, giving community banks a voice during volatile economic and
political periods in our history. We are honored to be able to recognize him
for those contributions by awarding him the James C. Scarboro Award,” said GSBC
President Tim Koch.
Throughout his career he identified problems
and offered solutions to some of the biggest challenges facing the U.S. economy
and financial system. He introduced specific proposals to reduce industry
regulatory burden, especially as it affected regional and community banks. In
recognition of these efforts he received the Independent Bankers of America’s
Main Street Champion award in 2011. At the FDIC, Hoenig became one of the most
influential Vice Chairman in its history. In May 2014, American Banker noted
that ‘…Hoenig is setting a new bar for how vocal an FDIC No. 2 can be.’
Scarboro co-founded GSBC—formerly the Colorado
School of Banking—in 1950, and died in 1973. In his honor, the GSBC Board of
Trustees honors an industry advocate who has provided outstanding leadership to
the banking community with this award.
Hoenig received the award during the July 26 graduation
exercises of the 68th Annual School Session in Boulder, Colorado.
pictured above: Tom Hoenig, 2018 Scarboro Award Recipient; Tim Koch, President, GSBC
pictured below: Commissioner Mick Thompson, GSBC Trustee Advisor and 2005 Scarboro Award Recipient; Tom Hoenig; Troy Appling, 2018 GSCB Board of Trustees Chairman
GSBC Faculty Spotlight: Chris Finnegan
Chris Finnegan currently serves as an Assistant Regional
Director for the FDIC’s Dallas Region, a position he has held since April 2009.
Chris, who has over 23 years of regulatory experience, oversees
the Consumer Compliance, Fair Lending, and Community Reinvestment Act (CRA)
examination functions in six of the Region’s eight states, including Arkansas,
Louisiana, Mississippi, Oklahoma, Tennessee, and West Texas, which includes oversight
of nearly 500 financial institutions ranging from small rural community banks
to large multi-billion dollar regional institutions. He has previously served
as the Field Supervisor for the Nashville / Knoxville and the Oklahoma City /
Lubbock Territories; a Senior Compliance Examiner in the Memphis, Tennessee
Field Office; and an Examiner in the Baton Rouge, Louisiana Field Office. Chris
has also been an Acting Associate Director in the FDIC’s Washington Office, and
is a Certified Regulatory Compliance Manager (CRCM).
He has taught or presented at numerous regional and national
conferences and schools, including the Graduate School of Banking at Colorado,
the Bank Operations Institute at Southern Methodist University (SMU), the
American Bankers Association (ABA) National Compliance Conference, the national
CRA & Fair Lending Colloquium, and Compliance Schools / Seminars in
numerous states and territories, including Arkansas, Colorado, Louisiana,
Mississippi, Nevada, New Mexico, Oklahoma, Puerto Rico, Tennessee and Texas.
Chris is a native of Laurel, Mississippi, and graduated Magna
Cum Laude from the University of Mississippi. He also graduated with honors
from the Graduate School of Banking at the University of Virginia, and
completed the Senior Executive Fellows (SEF) Program at Harvard University’s
Kennedy School of Government.
pictured above: Chris Finnigen; Mick Thompson; Mark Taylor, GSBC Trustee Advisor and Asst. Regional Director, FDIC, Dallas Region
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