Kevin Barth on banking
From Career Development Tips with Kevin Barth · · Mizzou Business | Trulaske College of Business
“The primary reason we exist as a bank is to help our customers, commercial and retail, access the payment system. We love to make loans; it's a lot of fun to make loans. We like helping people grow, but the main reason we exist is to help people access the payment system.”
On , Kevin Barth, Executive Vice President at COMMERCE BANCSHARES INC, spoke about banking during Career Development Tips with Kevin Barth on Mizzou Business | Trulaske College of Business.
About Kevin Barth
Kevin Barth, Executive Vice President at Commerce Bancshares, spoke about career development and the banking industry during a 2014 lecture at the Robert J. Trulaske Senior College of Business. Barth described banking as primarily existing to help customers access the payment system and noted that the industry involves managing risk with depositors' money. He stated that Commerce Bancshares has shown strong shareholder performance compared to industry indices. Barth offered advice to students on career growth, emphasizing the importance of learning, building credibility through customer relationships, and gaining visibility within an organization. He noted that about 60% of senior management in banking is expected to retire in the next five to ten years, creating opportunities for new graduates. Barth also discussed the bank's low turnover rate for commercial bankers and its investment in employee development programs.