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Founded in 1914, The Risk Management Association (RMA) is a not-for-profit, member-driven professional association, whose sole purpose is to advance the use of sound risk principles in the financial services industry. RMA promotes an enterprise approach to risk management that focuses on credit risk, market risk, and operational risk.

Headquartered in Philadelphia, Pennsylvania, RMA has approximately 1,900 institutional members that include banks of all sizes as well as nonbank financial institutions. They are represented in the association by 18,500 risk management professionals who are chapter members in financial centers throughout North America, Europe, and Asia/Pacific.

Interested in getting involved with RMA and this Chapter? Go to www.rmahq.org/membership to find out how.

The Vermont Chapter, like all RMA chapters, is organized and run by volunteer members. We strongly encourage current or prospective members to become involved in shaping the future direction of the chapter by contacting any of the current officers or committee chairs. We would also be happy to discuss the many benefits that can be derived from membership in RMA.

Thank you to all of our members who helped make this happen!

Scholarship Opportunity
The RMA Vermont Chapter Inc. has a five hundred-dollar ($500) scholarship to award in the 2021/2022 year. Desired candidates will exhibit a commitment to professional development within the Vermont banking industry as well as a desire to take an active leadership role in the future of this industry. Deadline to submit an application is April 5, 2022 and the scholarship will be awarded at the RMA Vermont Chapter Inc.'s Annual Meeting. See Scholarship Program Guidelines for more information.
Education_Fund_Application.pdf Education_Fund_Guidelines_2021-22.docx

Save the date for these upcoming chapter programming events 

February 3, 2022 - YP hosted Economist Update with Jeff Carr - flyer and registration form
February 9, 2022 - 1st Annual Ski Day flyer and registration form

March 2, 2022 – Women in Leadership partnering with Vermont Bankers Association (flyer coming soon)

Commercial Lending II - TBD

Credit Analyst  - TBD Roundtable

April 2022, date TBD – Women in Banking Event

May 3,4,10,11,17 & 18, 2022 – Commercial Lending School with Phil Hatch, Mascoma Bank, White River Junction flyer and registration form

More information will be shared as it becomes available.

RMA Community Bank Survey 2021

The unique events of the past year presented community banks with unprecedented challenges, yet many lenders demonstrated significant resilience and nimbleness for their borrowers amid the public health crisis.

From new industry standards to technological advancement, this velocity of change has served as a wake-up call for many community bank leaders looking to the future. The 2021 RMA Community Bank Survey offers a glimpse into what community banking leaders have on their minds and their sincere answers to what is next for community banks.

Our findings show that senior executives are focused on accelerated digital transformation across the industry, with cybersecurity and IT risks top risk management issues this year.

Click here to access.