The Bank Roll

Blog RSS Feed

Larry Selnick

<p>Larry has almost 40 years of banking experience including cash management systems, bank operations and product management. He joined Webster’s management team in 1995 to design, implement and deliver cash management services to commercial clients. He speaks on Cyber Security issues to clients and recently moderated a panel on Cyber Liability at Connecticut Technology Councils Cyber Awareness series. Larry currently leads a team of Consultative Sales Treasury Management professionals to review and provide recommendations on how to best utilize cash management products to improve a client’s cash flow needs.</p> <p>He serves as Chair of the New England ACH Payments (NEACH) Board of Directors and is a member of the Executive committee focusing on payments information training and regulatory awareness. He is a member of the New England Association for Financial Professionals and the National Association for Financial Professionals (AFP) and holds the Certified Treasury Professional (CTP) designation from the AFP.</p> <p>Larry is active in the community where he volunteers as a mentor in a local elementary school and is Chair emeritus of the Webster Bank Mentoring program. Larry has served on the Board of Directors of the Connecticut/Rhode island region of the American Red Cross and United Way of Connecticut 211 Call center.</p> <p>He is also a long -time volunteer at Southern CT State University starting as a volunteer in the School of Business and supporting the Essential of Treasury Management class as a guest lecturer and then investing in the class, through the SCSU Foundation, with grants to fund CTP certification exams made available to students through the Association of Financial Professionals that provides the CTP Certified Treasury Professional Program. Larry serves on the School of Business BAC - Business Advisory Council.</p> <p>Larry completed his Master of Science of Organizational Leadership at Quinnipiac University in 2016. Larry is now an Adjunct at SCSU in the School of Business as of the fall semester 2017. </p>

Larry's Blog Articles

No one likes getting hacked, whether it’s your social media accounts sending out bogus messages to all your friends, or even worse, someone stealing your banking credentials. Sometimes gaining access to your accounts is easy to guess. From the information you post on Facebook to what’s available in the yellow pages, the “bad guys” or those with a desire to commit fraud, just need a little information to attempt accessing your accounts. Follow these three simple rules to avoid getting hacked:   [. . .]
Truth be told, I do not. However, it appears I, and many others, could guess! [. . .]
Think quickly, who has been a significant influence in your life? I can guess that besides a parent there was a teacher, coach or other adult who helped you formulate what to do, how to do something or just listened and encouraged ou to seek your goals. I can also guess that you felt good about that memory, and that that memory came from your youth.   Today there are thousands and thousands of children in the elementary, middle and high schools that good use a coach, a teacher about life choices and a trusted adult to just listen. [. . .]
Do you have the right amount of cash, at the right time in the right place to meet your (cash) obligations? Cash flow forecasting is a company issue not just a treasury or accounting function. There’s a simple exercise you can do that will help you see your whole cash picture. [. . .]

Pages