Published Monday Apr 16, 2018
Students in the Tennessee Tech College of Business experienced the inner workings of a community bank and what goes into being on a bank’s advisory board through a partnership between the college and the American Bank & Trust of the Cumberlands.
This semester, the bank formed a Student Advisory Board. The board, made up of 12 students, was selected through a competitive application and interview process.
“This is an experiential course allowing select students the opportunity to be an actual advisory board member of a local community bank,” said Michael Porten, the Executive-in-Residence in the College of Business. “They experienced the workings of a real bank board firsthand and are exposed to the banking industry and career opportunities therein.”
Board members were appointed to committees to work on assigned projects regarding some current issue facing the bank, who would then prepare and present their findings to both the advisory board as well as the bank’s senior management.
“Being a part of this board as its chair has allowed me to gain strong leadership and communication skills that I cannot obtain in a classroom,” said Molly Williams, a junior human resources major from Woodbury, Tennessee. “I have learned how to conduct board room meetings, as well as experience and solve real-world banking situations.”
Williams served as the board’s chair, with Jonathan Terry, a junior accounting major from Lewisburg, Tennessee, serving as vice chair.
“This has been an opportunity that’s opened my eyes to understanding bank operations and board member responsibilities,” Terry said. “I have gained valuable experience being able to work closely with executives of American Bank & Trust.”
Other students who served on the board were Serna Campeau, a junior finance major from Mt. Juliet, Tennessee; Raymond Chan, a senior accounting major from Cookeville, Tennessee;Victoria Chaplin, a junior international business and culture major from Fayetteville, Tennessee; Joshua Hitchcock, a junior finance major from Sparta, Tennessee; Maverick Melton, a senior finance major from Byrdstown; Jessica Miranda, a junior accounting major, and Brady Morgan, a senior finance major, both from Hendersonville, Tennessee; Nathan Olmstead, a junior finance major from Nashville; Wendi Wheeler, a senior accounting major from Knoxville; and Chase Womble, a senior finance major from Maryville, Tennessee.
“American Bank and Trust is a community bank with a big impact,” said Ryan Smith, AB&T’s president. “By serving on the board, students found out what community banking is all about.”
“Our team includes professionals with backgrounds in human resources, IT, sales, marketing and promotion, and business leadership,” said Marty Maynord, the bank’s CEO. “Students serving on the board experienced a little bit of everything.”
Both Smith and Maynord are Tech alumni, graduating in 1995.