January 9, 2010
Carol J. Pitman, MAOM, SPHR
Jamie N. Hinson, BS
Advantage Bank’s model of business
Advantage Bank is approximately an eight hundred million dollar thrift bank, whose success has
derived from the popularity of its savings and mortgage loan account products.
Financial Corporation has been the financial holding company for Advantage Bank and Camco
Title Agency, Inc. since 1970,” (Advantage, 2010).
This prestigious organization is known as
“the relationship bank”.
Advantage Bank’s headquarters is located in Cambridge, Ohio, which is
a very small town community approximately seventy miles east of Ohio’s capital, Columbus.
The small town feel of this bank is what has helped achieve its successful reputation and positive
morale; however, since the stock market crash in 2008, Advantage Bank has taken on many
regulatory and financial issues.
As an employee of Advantage Bank for more than five years, I have experienced many different
departments and aspects of the banking industry.
I started out as a Customer Service
Representative, also known as a teller, at the age of eighteen.
After two and a half years of
servicing a small branch, I received the Receptionist/Switchboard Operator position which I felt
wasn’t enough of a challenge for me on an every day basis.
During the slower days in this
position, I would offer my services to all of the different departments because my goal was to be
as challenged and to learn more about the banking industry.
After nine months of this position, I received the title of Credit Administrative Assistant.
responsibilities and job duties included managing all of our bankruptcy accounts, ordering
appraisals for foreclosures and sheriff sales, tracking all foreclosure and charged-off loan files,
and many other miscellaneous duties.
After more than a year at this position and after achieving
a Bachelor of Science in Financial Management, I received the new title of Financial Analyst.
There are only two Financial Analysts at Advantage Bank, which has given me a grand
opportunity to learn as much as I can about the interior of the banking industry.
Since the beginning of my position as a Financial Analyst nearly seven months ago, I have
become introduced to many different internal areas of the banking industry.
responsibilities and/or job duties include managing our Brokered Certificates of Deposits,
leading our Funds Management Group meetings (which occur at the begging of each week),
assisting in our monthly Asset Liability Committee meetings, creating many reports and writing
queries for Senior Management, and many other miscellaneous duties.
Since the economic shocks that occurred in the year 2008, Advantage Bank has undergone many