C.L. Cummings, President of Tompkins State Bank, shared with the CEOs everything they will need to know for their Banker’s Day which will be coming up in a few weeks.
C.L. gave a brief history of the banking industry, monetary policy and the Federal Reserve. He also discussed the importance of tracking expenses, income, keeping a balance sheet, inventory, receivables and payables.
With this information, the CEOs will be able to develop their business plan with great detail on the financial aspects.
Thanks C.L., for showing the CEOs how to do it!