Family Bank Board Training
Sample training handout
Training presentation
Board training process
The Bank Board is the key to the success of a Family Bank. The board approves loans, decides on the investments of the bank and manages all other operations. We offer multiple sessions of trainings to help the board members prepare for their new roles
Initial meeting
During the first meeting we gather future board members, explain what their new roles will entail. The initial meeting is a space to process emotions and answer board member’s questions.
Charter meeting:
We read through the bank charter section by section to familiarize members with bank procedures.
One-on-One meetings:
We will meet with each member to prepare them for their specific function. For example, a member’s first responsibility may be to serve as the secretary so the consultants will ensure that the board member is prepared to take meeting minutes.
4. Training on Loans, Grants, and Gifts:
We educate the board on the types of applications they will receive. Prepare the board to approve or reject applications.
5. First Board meeting:
With a consultant sitting in to answer questions, the board holds a first meeting to formalize the opening of the bank.
6. Investment and financial planning training:
We inform the board of possible investment types and how to plan for the health of the bank.
7. Ongoing board member development:
We hold quarterly or yearly trainings to grow board member’s knowledge.
Request a consultation
scott@family-legacies-consulting.org
612-859-4149