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Central Indiana Chapter of RMA
The Risk Management Association

Map of the Central Indiana Chapter region which is defined follows:  the northern boundary is State Road 24; the southern boundary is State Road 54 from Merom to Bedford and US 50 from Bedford to Lawrenceburg; the western and eastern boundaries are the borders of the State of Indiana; Counties in grey on the figure are located on the border of the region.

 

 

 

 


RMA is an international association of leaders in lending and risk management.  Our purpose is to help highly successful professionals make better loans and credit decisions by sharing the latest techniques among top-level bankers and experts in the field.  RMA hosts over 1,000 Roundtables, Conferences and training sessions each year.  The RMA Journal is one of the most highly regarded publications of its kind and our Annual Statement Studies is a resource used by lenders, accountants, business owners and financial professionals.  

As one of over 113 active RMA Chapters, the Central Indiana Chapter of RMA plays an active role in fulfilling the mission of RMA.  Through area educational and networking events we enrich financial services professionals and our region’s banking community. It is an important undertaking which is led and implemented by loyal volunteers from area institutions - bringing RMA to you in your own backyard.

RMA was founded in 1914 to help commercial bankers make better lending decisions through the exchange of credit information.  Today, it is the only professional organization to specialize in promoting effective and prudent risk management practices for institutions of all sizes across the financial services industry.  In fact, the American Banker describes RMA as the “trade group responsible for guarding credit quality and promoting risk management.”

Early in the last century, lenders recognized the need for an exchange of credit information.  In 1913, a group of bankers informally exchanging credit information in the lobby of the Hotel Utah in Salt Lake City decided to found an association for that express purpose.  The first meeting of what was then called the Robert Morris Club took place on June 25 and was attended by 82 lenders.

Who was Robert Morris?  The Association was originally named after Robert Morris, a signer of the Declaration of Independence and the primary financier of the Revolutionary War.  After the war, Morris became an active acquirer of real estate, establishing a syndicate that covered the entire East Coast.  The syndication soon began to falter and he eventually landed in debtors prison for failing to pay his debts.  George Washington visited Morris in prison an soon persuaded the U.S. Congress to enact the first bankruptcy statute so that a founding father of the country would not languish in jail. 

In June, 2000, RMA’s board of directors voted unanimously to change the name of the Association from Robert Morris Associates to RMA -The Risk Management Association to more closely tie the name to its primary mission.


 

 

 
 

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Copyright © 2006 Central Indiana Chapter of RMA, All Rights Reserved.
For problems or questions regarding this web contact Ned Klotz.
Last updated: 08/20/06.