Welcome to the
West Michigan Chapter

About RMA

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 1,600 institutional members that include banks of all sizes as well as nonbank financial institutions. They are represented in the Association by 31,000 individuals located throughout North America, Europe, Australia, and Asia/Pacific.

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

About the Chapter

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The West Michigan Chapter of Risk Management Association is a member driven organization dedicated to promoting and implementing professional development and relationship building opportunities for the financial and Risk Management industries. 

The West Michigan 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.


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RMA West Michigan Chapter

RMA Announcements


Join Us for RMA’s Governance, Compliance, and Operational Resiliency (GCOR) XVII Virtual Conference

In today’s complex environment, business operating models are under increasing pressure as institutions seek to launch new products, leverage technology, reduce staffing, outsource critical activities, reengineer business processes, partner with firms unfamiliar with the bank regulatory environment, and accelerate their ESG strategies.  Developed by RMA’s Operational Risk and ERM Councils, GCOR XVII – RMA’s 17th annual Governance, Compliance and Operational Resiliency conference – being held as a virtual conference June 5-8 – will provide you with the insights and tools from leading practitioners to meet your institution’s evolving risk management needs.

Register today to secure your spot at the only conference by the industry for the industry, early bird registration ends May 3rd.

Chapter Announcements

There are currently no Announcements.

Chapter Events

Commercial Lending Challenge

On October 29th, the West Michigan RMA Chapter sponsored the 7th Annual Commercial Lending Challenge at the Seideman College of Business at Grand Valley State University.  This year’s Challenge had 33 competitors (comprising 13 teams) from seven local college and universities:  Aquinas College, Calvin University, Central Michigan University, Grand Valley State University, Hope College, Northwood University, and Western Michigan University.  This was our most successful event ever in terms of the number of teams competing as well as the scholarship money awarded.


Teams were provided with a case regarding the expansion of an existing borrower’s business through the purchase of new equipment.  Teams made presentations to a “loan committee” and a “borrower” with their recommendations.  Presentations were scored based on technical evaluation and presentation quality.  Teams answered questions from the judges regarding their results.


Through sponsorships from the RMA Foundation as well as RMA-Member banks including Comerica Bank, First National Bank of Michigan, Grand River Bank, Horizon Bank, Independent Bank, Macatawa Bank, Mercantile Bank, and Old National Bank, we were able to award $8,250 in scholarship funds to the top five teams.  Over the seven years of the challenge, we have awarded nearly $48,000 in scholarships thanks to our sponsors over the years and the RMA Foundation. 


We would like to thank our judges for participating:  Kara Urschel (Mercantile Bank), Traci Courter (Mercantile Bank), Denny Briggs (Horizon Bank), Jill Fodrocy (Mercantile Bank), and Doug Holtrop (Mercantile Bank).  Additionally, we had assistance from Vicky Baker (Mercantile Bank) and Chris Putnam (Mercantile Bank) as timers during the competition.


We would also like to thank our commercial lending mentors who taught the student teams about commercial lending:  Julie Steinbeck (Grand River Bank), Vanessa Jebb-Swanson (Huntington National Bank), Adam Voss (Mercantile Bank), Theron Barbour (Independent Bank), Russ Mathews (Horizon Bank), Jeff Proctor (Mercantile Bank), and Jennifer Warning (First National Bank of Michigan). 


I would also like to convey our gratitude to the team at Mercantile Bank for revamping our YouTube Commercial Lending Instructional Videos!  They were excellent and cited by the contestants as being particularly helpful.  Chris Putnam, Ryan Henderson, Paul Cormendy, Marcus Brussee, Nick Thompson, Patrick Burds and Ben Ribbe (all from Mercantile Bank) put these videos together.


We want to thank our university contacts for promoting this activity and helping their teams learn more about commercial lending:  Leonard VanDrunen (Calvin University), Brian Ran (Northwood University), Tom Olive (Aquinas College), Brad Taylor (Central Michigan University), Angela Zondervan (Grand Valley State University), Doug Iverson (Hope College), and Wenling Lu (Western Michigan University). 


Finally, I would like to thank the committee members for going above and beyond to make this event a success:  Paul Cormendy (Mercantile Bank), Matt Wezeman (Mercantile Bank), and Alex Pominville (Independent Bank).


We look forward to the next challenge in 2023! 




There are currently no events scheduled.

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