FEDFIS, a financial institution data provider for financial institutions and investment banking firms, has renewed the agreement allowing access to their financial database of all United States banking institutions to Mays Business School finance department and Commercial Banking Program (CBP). Dave Mayo, CEO of FEDFIS, commented that understanding how to use data to make decisions on operations and technology choices is critical to today’s banker.
Only a select few partnerships exist with FEDFIS. Dwight Garey, executive director of the CBP at Mays, said, “Members of our board like FEDFIS are deeply engaged in the governance of our program and are actively involved in all aspects of the CBP, including classroom instruction with our students. This is a tremendous and very valuable benefit to our program.”
For CBP students, FEDFIS’ data has been incomparable in their coursework, in researching banking companies for bank case projects, as well as in preparation for their interviews for summer internships and permanent employment with banks. Without this database, finance and CBP students would not have convenient access to the depth of banking information provided by FEDFIS, which has been crucial to their success in the classroom and beyond.
“We are honored to be selected again by Mays Business School’s Commercial Banking Program,” said Mayo. “Alongside Texas A&M University, we take great pride in helping mold tomorrow’s leaders in the banking industry.”
Along with providing data, FEDFIS is also involved with supporting the community banking industry. For example, FEDFIS is partnering with ICBA and MEDICI to offer an “unconference” called the Fi FinTech Roundup in October, a conference focused on helping community banks. This conference is just one example of FEDFIS’ intense community involvement. Mayo said, “By leveraging our FI FinTech relationships, we simply asked them to help community banks and they responded immediately.”