Name of Engagement

JMU Banking Team Wins 2nd Place in National Competition

Description

The JMU Banking Team recently took 2nd place in the nationwide 2020 Community Bank Case Study Competition, sponsored by the Conference of State Bank Supervisors (CSBS). Featuring four finance majors and a SMAD video production major, the team was assembled and advised by finance professor Carl Larsson. Over the course of the competition, the members were each assigned specific sections of a 25-page report and tasked with making a 10-minute video presentation. This year the case study examined the impact of the Bank Secrecy Act and Anti-Money Laundering requirements on community banks. Due to the changes brought by COVID-19, the video portion was cancelled and dropped from the judging criteria. Following three rounds of judging, the JMU team placed 2nd out of the 37 teams from 33 colleges and universities that participated. Along with the pride of winning came a $500 scholarship from CSBS to each student, and their work will be published in the Journal of Community Bank Case Studies.

Web Presence

https://www.jmu.edu/news/cob/2020/07/02-jmu-banking-team-focuses-on-community-for-a-win.shtml

Involvement

Involves Faculty, Involves Students

Scope

National Scope

Date

July 2, 2020

Frequency

One Time Only

Begin Date

7-2-2020

Format

Award

On/Off campus

Off campus

Academic Level of Engagement

College

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