Summary
Overview
Work History
Education
Skills
Compliancestrengths
Timeline
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Joan Barnett

Joan Barnett

Gosport,IN

Summary

Seasoned professional with significant experience in executive roles. Possess strong leadership skills and strategic planning abilities, adept at driving growth and enhancing overall company performance. Proven track record of ensuring operational efficiency, managing large teams, and fostering innovation. Committed to promoting a culture of integrity and excellence within organizations.

Overview

15
15
years of professional experience

Work History

VP, COO, Corporate Secretary

Farmers and Mechanics Federal
Bloomfield, IN
04.2024 - 08.2024
  • Developed strategic plans to align business objectives with the company's long-term goals.
  • Managed a team of 10 professionals, providing guidance and direction to ensure successful execution of projects.
  • Gathered and analyzed data to identify areas for improvement in operations and processes.
  • Implemented cost reduction initiatives to enhance profitability.
  • Cultivated relationships with key stakeholders, including customers, vendors, and partners.
  • Oversaw daily activities of departments such as finance, marketing, sales, customer service, operations, and human resources.

VP, CFO/Treasurer

Farmers and Mechanics Federal
Bloomfield, IN
03.2019 - 04.2024
  • Responsible for financial reporting and budgeting internally and externally at the Board level of a financial institution.
  • Performed comprehensive analyses to assess return on net worth, return on average assets, cash flow, and loan to deposits.
  • Monitored daily General Ledger balances for variances
  • Reconciled outside bank sources to General Ledger daily/monthly
  • Successfully fulfilled responsibility of compiling and submitting the financial institution's quarterly CALL Report.
  • Managed a diverse $55M investment portfolio in order to meet the financial needs and goals of the organization.
  • Assess the overall portfolio health by performing monthly analysis and reporting for the bank
  • Provided regular reports on securities transactions to Board of Directors.
  • Led the oversight of interest rate risk for the bank as Chair of the Asset-Liability Committee
  • Administered bi-monthly payroll processing for entire employee base
  • Enrolled employees into Insurance plans, HSA accounts, and facilitated 401(k) fund deposits.
  • Organize and update personal directories along with vital signed contracts

Compliance Officer

Owen County State Bank
Spencer, IN
08.2014 - 03.2019
  • Reviewed 100% of loan files to ensure compliance and adherence to company policies.
  • Achieved 100% file review completion rate for all opened loans and denials, demonstrating commitment to data accuracy.
  • Ensured regular resolution of compliance issues through thorough research and analysis.
  • Led development and implementation of new products and services.
  • Trained lending staff in new and evolving lending regulations
  • Facilitated timely completion of audits and examinations by gathering and providing necessary documents and information to auditors/examiners
  • Reviewed new accounts, teller, and accounting area to ensure compliance with state and federal regulations as required.
  • Successfully executed the launch of various deposit-related products and services
  • Successfully liaised between auditors/examiners and departments to ensure timely information for efficient completion of audits or examinations
  • Trained deposit staff on new and changing regulations as required
  • Handled CRA public folder maintenance and ensured its availability to the public
  • Provided CRA information to examiners during examinations
  • Conducted yearly training sessions for the board of directors covering different topics
  • Facilitated necessary compliance training for the entire team on a yearly basis
  • Led Compliance Committee in providing comprehensive compliance updates to department heads.
  • Maintain current and anticipate future lending and deposit regulations, analyzing their impact on the bank's different areas.

Assistant Branch Manager

State of Indiana, BMV
Greencastle, IN
07.2009 - 08.2014
  • Maintained accurate payroll records and optimized staff schedules for seamless branch functioning.
  • Managed safe work environment.
  • Provided leadership and direction to staff members in order to ensure efficient operations of the branch.
  • Ensured compliance with internal policies and procedures as well as external regulations.
  • Monitored daily operations of the branch including sales, customer service, inventory control.
  • Provided training to new employees on company policies and procedures.
  • Maintained a consistent record of accurately balancing cash drawers and making daily deposits

Education

Master of Science - Graduate School of Banking

University of Wisconsin
Madison
08-2025

Bachelor of Science - Accounting

Harrison College
Indianapolis, IN
05.2012

Skills

  • Excellent time management skills
  • Business Development
  • Self-Motivation
  • Creative Thinking
  • Advanced Microsoft Excel (Pivot Tables, Statistical Analysis, Complex formulas)
  • Microsoft Word and PowerPoint
  • Operational leadership
  • Corporate Communications

Compliancestrengths

  • Regulation Z / TRID
  • Regulation B / ECOA
  • HMDA / Reg C
  • Regulation X/RESPA
  • Regulation P / Privacy
  • FCRA / Reg V
  • Reg DD / Truth and Savings
  • Flood

Timeline

VP, COO, Corporate Secretary

Farmers and Mechanics Federal
04.2024 - 08.2024

VP, CFO/Treasurer

Farmers and Mechanics Federal
03.2019 - 04.2024

Compliance Officer

Owen County State Bank
08.2014 - 03.2019

Assistant Branch Manager

State of Indiana, BMV
07.2009 - 08.2014

Master of Science - Graduate School of Banking

University of Wisconsin

Bachelor of Science - Accounting

Harrison College

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Joan Barnett