Spring 2018                        Edition 3, Volume 1
RMA Eastern Iowa Chapter Newsletter



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Board Member Highlight
Mitchel Stoffel 
began his banking career as a Mortgage Loan Processor with American Trust and Savings Bank, while majoring in Accounting at the University of Dubuque.  He graduated in 2011 with a Bachelor of Business Administration, and soon accepted a position with Heartland Financial USA, Inc. as a Credit Analyst, focusing on commercial and agricultural underwriting.  Mitch earned a Credit Risk Certification through The Risk Management Association in 2016 and continues to seek educational and professional development opportunities, while enjoying a rewarding career with Heartland.

On a personal level, Mitch is an adoring husband and loving father of 3 boys.  He enjoys Cubs baseball, downhill skiing, disc golfing, and spending time with family and friends.  He joined the Eastern Iowa Chapter of RMA as a Board Member in 2017 and currently serves as the chapter Treasurer.

 2018 Classes
Following are the programs the RMA Eastern Iowa Chapter has scheduled.  For more information or to register for any of these classes please visit our 

Each one of these classes is being held in Dubuque:

April 20
Understanding and Interpreting Real Estate Appraisals
May 10
Advanced Real Estate Cash Flow and Valuation
May 11
Global Cash Flow II: A Real Estate Portfolio Perspective
May 17 - 18
Financial Statement Analysis

If there is a program that you would like to see offered please let us know.  Contact Sandy at sandy@rmaeasterniowa.org  .
Our Current Board Members
Laura Glab - President & Membership
Teresa Blong - Vice President & Young Professionals
Ruth Nebergall   - Past President
Mitchel Stoffel  - Treasurer & Audit   
Tom Glanz  - Communications   
Richard Jaacks - Director & Programming  
Ranae Juhl - Director
Keith Eibey - Education  
Kirk Leiffert  - Director  
Sandy Gruber   - Administrator & Secretary     
National RMA Minute
  • RMA committed an additional $1,000,000 for a total of $7,000,000 to the RMA Academic Foundation for scholarships during FY 2017.
  • The RMA Foundation awarded 90 scholarships to students totaling $246,000 in 23 states and 31 chapters for the Fall 2017 application period.
  • As of 9/30/17, 62 RMA chapters were engaged with the Academic Program targeting 168 universities in North America and holding over 50 events
Get Involved!
The RMA Eastern Iowa Chapter presents opportunities for individuals to get involved.
Chapters rely on the talents of volunteers to stage many of their programs, conduct membership development efforts, and promote the ideals of the Association. To find out more about how you can get involved in our chapter, contact Sandy Gruber at sandy@rmaeasterniowa.org .
RMA Credit Risk Certification - Why RMA CRC?

In today's rapidly changing financial services industry, you need practical, day-to-day knowledge that will help you excel in your profession. You need the latest skills-skills that are current and complete. And you need the demonstrated ability to serve a diverse base of clients. Plus, you need all of your knowledge, skills, and abilities to be validated by a respected organization like RMA. For more information, visit 
President's Message
Welcome to our Spring Newsletter!
This is my first newsletter as the Chapter President.  Our previous President, Ed Benjamin, took a new job with Bank of America in Charlotte, NC, to be closer to family.  We thank him for his great service as President of our Chapter.  My goal as President, as well as our Board of Directors, is to continue to offer educational opportunities to benefit our membership.  

Our board would love to hear from you to learn what topics and types of events interest you most.  Currently, the Chapter Board is working on selecting Open Enrollment classes to hold during the time period of Fall 2018 through Winter/Spring 2019.  A short survey was emailed on 4/13/18 to our members from "RMA Eastern Iowa Chapter" to allow you to voice your interest s.  Please take time to provide your input.
We have a general membership event, Tax Reform, coming up on May 1st in Dubuque at the Grand River Center.  We have two speakers from Honkamp Krueger & Company helping us navigate the wide-sweeping changes to the tax code.  Please see the details for this event within this newsletter and consider signing up yourself and others in your organization who may benefit.
Thank you for being a part of the RMA. If you have ideas on how the Chapter could better serve you, we want to hear from you! Please share your thoughts and comments with our Chapter Administrator, Sandy Gruber ( sandy@rmaeasterniowa.org), or contact me directly ( lauraglab@gmail.com). We look forward to seeing you at an event soon!
Laura Glab, 2018 Chapter President
RMA Eastern Iowa Chapter
Tax Reform Presentation & Networking Reception
The RMA Eastern Iowa Chapter is happy to present a  'Tax Reform Presentation & Networking Event.'   Randy Mihm, CPA, JD, and Stephanie Mettille, CPA, of Honkamp Krueger & Co., P.C.  will provide us with information on the current tax reform and how it affects individuals and businesses.  

This 2 hour event (3:30 - 5:30) will be held at:

Grand River Center 
500 Bell Street
Dubuque, IA 52001

Networking will take place with Hors d'oeuvres and a Cash Bar.

Recent Events Highlighted
Essential Elements of a Credit Presentation  - January 30, 2018
The Eastern Iowa Chapter of RMA held an educational event at Cedar Rapids Bank & Trust on January 30, 2018.  The event featured a lively class, taught by Gary Maples of Riveredge Consulting, LLC, titled "Essential Elements of a Credit Presentation".  Twenty-three (23) banking professionals were in attendance, many of whom were registered RMA members.  

The class discussion focused on the objectives of a credit presentation, the approval process, and techniques used to enhance credit underwriting.  
The seminar evaluation forms showed a very positive experience from the participants  The speaker received mostly excellent ratings with comments such as:  Great Instructor!; Very informative and down-to-earth guy; ready to answer any questions asked; obviously knowledgeable; explained topics well; encouraged group discussion; gave good examples and broke things down; gave nice foundation of info and then put it to work w/exercises.  The seminar evaulation results received from the participants revealed a very successful program!
RMA Announces the Next Class of RMA Scholars

Since its inception in 2014, The RMA Foundation has awarded more than $500,000 in scholarships to four-year college students who are interested in working in the banking industry after graduation.

For the 2017-18 academic year, The Foundation awarded scholarships to 73 new students totaling $207,000 and to 17 repeat recipients totaling $39,000.

New this year, the William F. Githens Scholarship, named for RMA's former CEO, was awarded to two of this year's most promising scholarship candidates, who demonstrated exceptional academic achievement and commitment to the financial services industry.

Jordyn Steinkritz, University of Iowa, and 
Zachary M. Denny, University of Iowa,
were scholarship winners from our Eastern Iowa Chapter. 

Tom Glanz, RMA Eastern Iowa Chapter Board Member, 
presented them their certificates.

Jordyn Steinkritz is from Waukee, IA where she graduated from high school.  She is a Junior at the University of Iowa majoring in Finance.  She expects to graduate in May 2019.  During the summer of her Sophomore year she interned at BMO Harris Bank in Chicago in the commercial banking area.  She has an internship with Goldman Sachs Bank USA in New York City starting in June in the investment banking area.  This will be her first experience in New York City and she's excited about the opportunity.  Her goal is to obtain a position with a national or international financial institution after graduation. 
Zach Denny is from Cedar Rapids where he graduated from Jefferson High School before enrolling at the University of Iowa majoring in Finance.  Zach is a Senior and will graduate in May 2018.    During the summer of his Sophomore year he interned at BMO Harris Bank in Chicago in the commercial credit risk department.  After his Junior year, he interned with J P Morgan Chase Bank in New York City in the investment banking area.  Zach accepted a position with J P Morgan Chase Bank in New York City after his graduation and will work in the investment banking/credit risk area. 

Our goal is to provide even more scholarships during the next application window in the fall 2018, so please continue to reach out to local colleges and universities. Direct them to our student microsite,  www.rmahq.org/src, for more information about our scholarship program, internship and mentorship opportunities, and other valuable resources.

Applications for the next round of RMA Foundation scholarships will be accepted in the fall. In addition to applying for scholarships, banking-focused students are encouraged to take advantage of free RMA student memberships.
To be eligible for scholarships, students must: be citizens or permanent residents of the United States or Canada; have completed a minimum of two years in college; have a minimum grade point average of 3.0 on a 4.0 scale; be enrolled full-time at an accredited institution in the United States or Canada; and be majoring in accounting, business, finance, economics, banking, or a related area of study with the intention to work in the banking industry.
RMA Scholars are selected based on academic achievement, participation in school or community activities, work experience, demonstrated interest in the banking industry, and their career goals. Financial need is not considered. 

Student Memberships
FREE student memberships with RMA provides the resources students need to differentiate themselves, and position themself, as a strong candidate to potential employers in the financial services industry.

By joining RMA for free as a student member, students can fully enjoy all the benefits of membership.  For more information click here.

RMA Member Benefits

Are you a member of RMA?  If YES - thank you very much for supporting the organization and local chapter!  If you are not, please consider joining RMA as an Institution, Associate, or Professional member.  RMA also offers membership opportunities for Academics and Students who are focusing in majors surrounding risk management and banking.  Benefits of membership can include -
  • Access to RMA Xchange
  • Subscription to The RMA Journal
  • Exclusive regulatory updates
  • Free downloads of Industry Study Packs
  • Access to local events including chapter hosted roundtables, panelist discussions, networking opportunities, and more!
For more information on membership, please visit:

To join our mailing list please contact Sandy at sandy@rmaeasterniowa.org .