Public Service Announcement: The Robert Morris Association
rmahq.org
Here is some of what you'll find there:
MEMBER BENEFITS & APPLICATION How Do I Benefit from RMA Membership?
What's Included with My Membership?
Who Can Join RMA?
What Does It Cost to Join?
Membership Application
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How Do I Benefit from RMA Membership?
Enjoy networking opportunities, exposure, and referrals with the industry's key decision makers and managers. Attend frequent meetings and seminars on relevant topics. Be up-to-date on important lending issues. Broaden contacts and swap successes with peers at frequent local and national meetings. Continually improve with unique opportunities to hear the industry's top leaders and managers.
What's Included with My Membership?
AT THE LOCAL LEVEL:
Full access and invitation to chapter events and meetings.
Peer round tables to discuss challenges.
Local meetings featuring informative speakers.
EVERY MONTH:
Journal of Lending & Credit Risk Management.
Lending & Risk Management News.
Updates on the latest RMA lending tools.
EVERY YEAR:
Member Roster filled with contacts.
Annual Statement Studies at a discount.
PLUS:
Special reports/hot topics of interest to you.
Notice of RMA actions on your behalf
Opportunities to make national contacts.
Who Can Join RMA?
The following entities are eligible for membership: banks, bank holding companies, savings banks, savings and loans, private banks, trust companies, investment banks, finance companies, economic development corporations, leasing companies, governmental agencies responsible for the supervision and regulation of RMA member institutions, and professional firms that provide services related to risk management to financial institutions. Individual membership is open to all personnel involved in lending and risk management in member organizations.
What Does It Cost to Join?
Dues for lending institutions are based on assets according to the following scale:
Assets
Minimum Assets
Maximum Annual Dues
Under $50 million $475
$50 million and under $100 million $675
$100 million and under $150 $950
$150 million and under $200 million $1,150
$200 million and under $250 million $1,350
$250 million and under $500 million $1,925
$500 million and under $750 million $2,800
$750 million and under $1 billion $3,375
$1 billion and under $2 billion $4,150
$2 billion and under $3 billion $6,250
$3 billion and under $4 billion $7,800
$4 billion and under $5 billion $9,875
$5 billion and under $6 billion $10,650
$6 billion and under $7 billion $11,950
$7 billion and under $8 billion $12,250
$8 billion and under $9 billion $12,750
$9 billion and under $10 billion $13,250
$10 billion and under $15 billion $13,750
$15 billion and under $20 billion $14,250
$20 billion and under $25 billion $15,250
$25 billion and under $50 billion $16,250
$50 billion and under $75 billion $17,250
$75 billion and under $100 billion $18,250
$100 billion and under $150 billion $19,250
$150 billion and under $200 billion $21,000
$200 billion and under $250 billion $23,500
$250 billion and under $300 billion $26,000
$300 billion and under $400 billion $28,500
$400 billion and under $500 billion $32,000
$500 billion and under $600 billion $35,000
$600 billion and under $700 billion $37,500
$700 billion and under $800 billion $40,000
$800 billion and under $900 billion $42,500
$900 billion and under $1 trillion $45,000
Over $1 trillion $50,000
Individuals from most member lending institutions pay $40 per year. Individuals from professional firms pay $100 per year.
Many chapters and groups also charge nominal dues, which are not included in the Dues Scale. These dues are typically under $25 per Associate and are billed at a later date.
For additional information about membership dues, call RMA Membership Services at 800-677-7621 or fill out the preliminary application and e-mail it to RMA.
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Here's a link to the front door of the association:
rmahq.org
This is interesting:
rmahq.org
ABOUT RMA Products and Services
About RMA
The American Banker described RMA as "the lending trade group responsible for guarding credit quality and promoting risk management." RMA is also the only financial services trade association that specializes in lending and credit risk information, research, and training. More than 3,000 commercial banks, thrifts, and other financial firms are members of RMA, represented in the Association by some 18,000 financial professionals (called Associates) in 50 states, Puerto Rico, Canada and numerous foreign cities including Hong Kong and Singapore.
RMA actively monitors emerging industry trends, serving as an early warning system for the industry and regulators alike. RMA works with the industry and regulatory community to develop new risk management techniques, innovative products, and education and training programs. Over 70% of the association's revenue is derived from providing products and services to its members click here for a list of them. [which takes you to:]
rmahq.org
Mentor®Credit Training Curriculum
This trademark program is now available in CD ROM multimedia, as well as in-bank, open enrollment, and self-study. RMA offers numerous training and networking opportunities including one-day "Lending To" workshops (covering specific industries), peer-sharing round tables, and conferences on selected topics. During the last 12 months, over 24,000 financial professionals attended RMA sponsored programs.
Commercial Loan Studies, Consumer Loan Studies & Other Data Gathering Services
Participating banks can measure their portfolio performances, concentrations, and practices against that of the industry as a whole. The data are unique, confidential, and timely, a good six weeks ahead of call report information.
Credit Portfolio Management
Comprehensive research and analysis of portfolio management practices within the financial services industry to improve performance throughout the economic cycle.
Small Business Scoring System
Developed by Fair, Isaac in cooperation with RMA and chosen by the SBA for use in administering its Low Doc program, the SBSS has become the industry standard and is currently used by more than 200 financial institutions.
Annual Statement Studies
The industry resource for comparative composite financial statement data the Statement Studies provides the most accurate information available for making sound credit decisions. Offered in print form, on disk, or now included in the spreadsheet program "Compare2". Compare2 allows the users to create industry standard ratios, cash flow reports, and projections.
RMA's library and FastFind information services offer customized research on any lending or risk management issue. Monthly, the award winning Journal of Lending & Credit Risk Management provides in-depth analysis of industry issues.
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According to the following link, the Robert Morris Association has 57,652 members.
pcslist.com
In case you are wondering what this has to do with anything:
May 25, 1999
From the desk of John Schmitz
Ken Christian of FirstStates Financial Services Corp. was a honored speaker at the 1999 Robert Morris Association Senior Credit Policy Officers credit forum at the Conshohocken, PA Marriott on May 20th and 21st.
The Robert Morris Association (RMA), is a national organization primarily made up of commercial bankers from all 50 states. The Senior Policy Forum is an annual event that attracts Chief Lending Officers, Bank Presidents and senior level management from large national banking firms, as well as small community banks.
This year, Mr. Christian was asked to talk about Risk Management and how to choose a risk management vendor. Mr. Christian has lectured at past RMA events, most recently addressing line managers regarding empirically derived scoring methodology for small business and commercial loans.
Mr. Christian is a 29 year veteran of commerical banking, and was previously the Chief Retail Credit Risk and Policy Officer for a $50 billion super-regional bank headquartered in Philadelphia, PA.
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Not too shabby, In my ever so humble opinion.
PCM
GO PABN!!! |
