Walt Truelson, Founder

One World Trade Center
121 SW Salmon Street
Suite 1100
Portland, OR 97204

Board Development

In their early years, most of today’s established independent banks sought to attract founders and board members who:

had significant net worth
were perceived as community leaders
were willing to assist in generating business for the bank through their contact network

Now, years later, these banks have become complex businesses, with assets in the hundreds of millions of dollars and beyond. Given this reality, their priorities and challenges have changed dramatically. More often than not, board development has not kept pace with the bank’s ever more complex business issues.

The obvious challenge is to develop an ever evolving board in a professional, non-threatening manner, creating a seamless and well planned transitional process.

Truelson Associates is prepared to act as a third party to address this frequently sensitive topic. Our services include:

We have also developed a board development scorecard, which allows banks to self-assess their board.