In response to the need for quality bank directors prompted by an increase in de novo banks within North Carolina, the Office of the Commissioner of Banks, in conjunction with the FDIC, started an intensive training program designed specifically for bank directors.  The North Carolina Bank Directors' College was initiated in 1998 under Commissioner Hal D. Lingerfelt.  The school was developed from planning sessions with members of the state and federal banking agencies, college professors, and banking industry professionals.  Only the second of its kind in the nation, the NC Bank Directors' College targets newly appointed bank directors, but has proven to be of great value to directors of all experience levels. 

Its mission is to keep directors current on key banking issues and help them understand the importance of their fiduciary responsibilities; not only to their shareholders, but to the community they serve.  Typically, new outside directors are successful and knowledgeable in their particular field of business, but often have little background in the banking industry.  However, they must develop policy, make crucial strategic decisions, and determine the overall direction of the bank.  It is a daunting responsibility, and our goal is to instill an understanding of the unique and vital role they play in the success of a bank.

Participants are provided with more than 30 hours of "classroom" instruction over a three month period.  The College is set up in three sessions, each session lasting approximately two days.  Enrollment is limited to 55 individuals comprised mainly of new bank directors, board chairmen, and CEOs.   Classes are held once a year,usually in the summer months.

2008 NC Bank Directors' College Schedule

In addition to our regular Directors' College, we are creating advanced level classes that will compliment those topics covered in the basic program and keep directors apprised on emerging issues in the financial industry. 

2008 Advanced Directors' College