2022 Security Bank Annual Ag Conference

November 21, 2022 | AgFocus-Ag Focus

Economic Update with Dr. Ed Seifried

Wednesday, December 7, 2022 -  10:00 am - 1:30 pm

at Laurel Community Center | Laurel, NE


Register Online Today! 




DR. Ed Seifried

Co-Chairman Emertius

Seifried & Brew




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At Security Bank, we understand that banking is more than just a series of transactions. It is building great relationships with both our customers and our co-workers. We are committed to being a valuable financial resource - providing our customers with tools, education, and financial advice to help them make educated decisions that are right for you and your unique needs. 


Economic Update

Small business owners and Ag producers share similar economic concerns as we enter the 4th quarter of 2022. The overriding issue is whether the Fed can bring the rate of inflation back down to their announced target of 2.0% without causing an economic downturn, which would lead to declining earnings. Another major concern is just how much Fed tightening will be required to end this exceedingly high inflation. The Fed tightening program is already underway with a total rate hike of 3.75% through the November FOMC meeting, with more rate hikes predicted over the next quarter.  Many pundits believe the Prime Rate could be as high as 7.50% or even 7.75% by the end of 2022. In addition, an aggressive program to reduce the Fed’s balance sheet was implemented in June 2022. These cuts in the balance sheet are scheduled to accelerate in 2023. Dr. Ed will report on just what all this means for business owners. He will keep an eye on economic conditions to see whether the Fed can achieve the so-called elusive soft landing.   



DR. Ed Seifried

Co-Chairman Emeritus, Seifried & Brew

Dr. Seifried is Professor Emeritus of Economics and Business at Lafayette College in Easton, Pennsylvania.  He also serves as the Executive Consultant for the Sheshunoff CEO Affiliation Programs, and Chief Economist for SB Value Partners and SWGSB Foundation.

Dr. Seifried is the dean of the Virginia and West Virginia Banking Schools and currently is on the faculty of the Southwest Graduate School of Banking. In addition, he has served on the faculty of numerous banking schools including Stonier Graduate School of Banking, and the Graduate School of Banking of the South.

He frequently appears as a guest speaker at regional and national conferences and has delivered over 2500 economic presentation to various groups both in the United States and abroad.  Dr. Seifried is the author of the book “The Art of Strategic Planning for Community Banks.”  In addition to his academic and consulting experience, Dr. Seifried serves as a director of a community bank. 


 9:30 am  Registration
 10:00 am  Introduction
 10:15 am  Matt Dresden - Security Wealth Strategies
 10:30 am  Doug Johnson - Moody's Analytics
 11:00 am  Dr. Ed Seifried - Economic Update
 12:00 pm  Lunch
 1:00 pm  Q&A with Industry Experts
 1:30 pm  Closing Remarks




Don't Miss Your Chance to Attend!

Contact your local branch today to reserve your seat. 

 Laurel 402.256.3247 
 Osmond 402.748.3321 
 Allen 402.635.2424 
 Hartington 402.254.2455 
 Coleridge 402.283.4251 


   Register Online Today!