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OCC People:  Acme Brick Co. Visit Provides Solid Foundation for ABCs of Credit

04/03/2014

By Hershel Lipow
Community Affairs

When a group of Midsize and Community Bank Supervision examiners in the Southern District signed on for the “ABCs of Credit Workshop” last fall, little did they realize they were headed to the “Brick Capital of the World.” The workshop’s credit assignment took the examiners to Malvern, Ark., to visit one of the production plants for the Acme Brick Company.

Front row: ANBEs Liana Peret, Kysha McNeal, Jordan Strong, Caleb Lites, Miles Parker and NBE Alayna McCourt toured the Acme Brick Company’s manufacturing facility in Malvern, Ark. Back row: Kyle Kenney, Senior Vice President of The National Bank of Malvern; and Mark Roberts, the bank’s President, joined the examiners on the tour. Jay Isenhower, Plant Manager with the Acme Brick Company, is also pictured.

Front row: ANBEs Liana Peret, Kysha McNeal, Jordan Strong, Caleb Lites, Miles Parker and NBE Alayna McCourt toured the Acme Brick Company’s manufacturing facility in Malvern, Ark. Back row: Kyle Kenney, Senior Vice President of The National Bank of Malvern; and Mark Roberts, the bank’s President, joined the examiners on the tour. Jay Isenhower, Plant Manager with the Acme Brick Company, is also pictured.

The “ABCs of Credit Workshop” is a three-week, structured, on-the-job training session conducted in district banks. Precommission examiners are expected to take this training within their respective districts. During the last week of the training, examiners visit local businesses, such as the Acme Brick Company, to gain a first-hand look at business processes that affect credit.

The credit workshop is offered every 12-to-18 months depending on need, according to Tony Jardieu, Commercial Credit Lead Expert, who coordinates the training in the Southern District. After completing their Credit Fundamentals training, community bank examiners participate in this workshop, which is led by an NBE who oversees the examiners as they perform structured loan work in a bank.

By establishing these credit workshops in banks, the examiners become part of the district’s supervision schedule and gain the practice they need for maximum skill retention.

Says Alayna McCourt, NBE in the Little Rock field office, “The examiners look at different parts of businesses from start to finish – things like inventory, receivables financing, and the manufacturing process – that affect credit.” At Acme, the group learned about equipment and how long it lasts. She says they were surprised by the level of automation. “It was not what we were expecting. It is kind of an art, but very technical. Our visit helped us understand the business and the factors that go into assessing its creditworthiness.”

Last Updated: 04/03/2014