Kiah Lau Haslett, managing editor for Bank Director
CECL was just the opportunity that Glen Stiteley was looking for. Stiteley joined County Bancorp, an agricultural-focused lender with $1.5 billion in assets, as chief financial officer in August 2017. Like many community banks, Stiteley says the Manitowoc, Wisconsin-based bank could sometimes be “tools cheap” when it came to internal operations, relying on its core vendor and struggling to leverage its own data in decision-making. That included the loan-loss allowance, which had been calculated on an Excel spreadsheet. By contrast, Stiteley is a self-described “data guy” and is always looking for ways that the bank can improve through information and...
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Kiah Lau Haslett is the Managing Editor of Bank Director. Kiah is responsible for editing web content and works with other members of the editorial team to produce articles featured online and published in the magazine. Her areas of focus include bank accounting policy, operations, strategy, and trends in mergers and acquisitions.