Who’s on First? Q&A with Washington’s Director of Banks
Presentation will include:
• PPP/SBA programs – DFI’s role in this program and on the Washington Recovery Group. I will highlight where the program stands and the recovery process. Washington lenders participation in the program as well as an overview of the EIDL and Shuttered Vendor Operator grant programs.
• Cover commercial loan growth in banks and credit unions head quartered in the state. Actual balance sheet growth along with unfunded balances, and a discussion around what these numbers may or may not indicate.
• Discussion around commercial properties in general. Outcome of the pandemic will not be one-size-fits all, but instead there will be winners and losers. Will loosely touch on eviction/foreclosure moratoriums or any other government restrictions in place at the time of the presentation, although the eventual outcome of these actions are very uncertain. If the presentation is in May, we might know more.
• Status of the SAFE Banking Act – safe harbor for financial institutions to provide banking services to legal cannabis businesses.
• Q&A throughout and at the end of the presentation
Roberta S. Hollinshead
Director of Banks for Washington Department of Financial Institutions
As Director of Banks for Washington Department of Financial Institutions, Roberta is responsible for chartering and supervising the activities of Washington state-chartered banks and trust companies. Roberta works closely with stakeholders to promote sound economic development in the banking industry supporting a prosperous economy in Washington. Roberta is an active member of the Conference of State Bank Supervisors (CSBS), serving on the Board of Directors, as the District V Chair, and on the Board of Trustees for the CSBS Education Foundation. Roberta also serves on the Pacific Coast Bankers School, LLC Board.
Roberta holds a Bachelors of Arts in Business Administration, with a Finance concentration, from the University of Washington. In addition, Roberta has a Master’s in Business Administration from Seattle University and a certificate from the Graduate School of Banking at Colorado.