Trine team advances to second round of national banking competition

WASHINGTON, D.C. – A Trine University team was one of 11 to advance following the first round of judging in the 2024 CSBS Community Bank Case Study Competition.

The Trine team is comprised of Katie Haase, a management major from Napoleon, Ohio; Evan Selby, a sport management major from Granger, Indiana; Jackson Clark, an accounting major from Fort Mill, South Carolina; and Beau Binnie, a finance major from Stouffville, Ontario, Canada.

The teams, announced May 28, were chosen from a pool of 27 representing 21 colleges and universities across the nation.

Studying bank failures

This year, teams partnered with local community banks to learn about the high-profile closures of Silicon Valley Bank, Signature Bank and First Republic Bank.

Trine’s team partnered with Farmers State Bank, headquartered in LaGrange, Indiana. Students visited the bank for an exploratory meeting with management team early in the spring semester, then spent most of the semester analyzing the bank as a part of their senior capstone project.

Teams were tasked with determining how their local community bank partner differs from the institutions that failed.

The Trine group focused on how Farmers State Bank handles risk through asset and liability management. The team’s report also included the bank’s expectations for regulatory and supervisory changes resulting from the failures, and how the bank uses social media in their daily operations.

In addition, the team created a video highlighting Farmers State Bank. 

Next round

Teams from the Commonwealth University of Pennsylvania, James Madison University, Southeastern Louisiana University, the University of Guam, the University of Illinois at Springfield, the University of Maryland, the University of Northern Iowa, the University of Southern Mississippi and the University of Tennessee at Martin also advanced to the next round.

Results from the second round of judging will be announced June 4. The top three teams will be announced June 25.

Trine’s 2023 team finished in the top five.

Each student member and faculty advisor of the first-place winning team will receive a $1,000 scholarship and present their findings at the Community Banking Research Conference in St. Louis in early October. Their work will be published in the annual CSBS Journal of Community Bank Case Studies. Teams that place second and third also will receive scholarships and have their works published in the journal.

To learn more, visit www.csbs.org/bankcasestudy.

 

Top: A Trine University team made up of, from left, Katie Haase, a management major from Napoleon, Ohio; Evan Selby, a sport management major from Granger, Indiana; Jackson Clark, an accounting major from Fort Mill, South Carolina; and Beau Binnie, a finance major from Stouffville, Ontario, Canada, has advanced to the second round of the 2024 CSBS Community Bank Case Study Competition.