Here at Barret, we are dedicated to helping our banking students excel in receiving an excellent community bank educational experience to the benefit of both the student and their sponsoring community bank employer. The Paul W. Barret, Jr. School of Banking is a non-profit independent school created by and governed by a Board of Regents, whose members are executives from banks and other firms involved with the financial services industry. Our mission is to provide a world-class learning experience for the career-oriented individual in commercial banking or a related financial services industry business.
The Memphis School of Banking was established in 1972 as a not-for-profit institution that provides banking education for graduates and participants from more than 38 states. Our name was changed to Mid South School back then but it wasn’t until 1977 when we received our first million dollars by private donations, which opened the doors wider on behalf of students eager to learn with successful professionals who had already walked through those same doors before us. This is how Paul W Barret Jr.’s legacy lives on.
The specifics of the grant require BSB to host a lecture event each year for our banking community, and more importantly subsidize tuition which is approximately $2500 per participant. The discounted price makes it financially possible for small community banks in turn build stronger financial institutions by leveraging this opportunity with us.
The Board of Regents consists of leading banking professionals from around the country who volunteer their time and diverse perspectives from within the industry to ensure the community banking industry benefits from Barret’s programming. Their responsibilities include:
- strategic planning
- curriculum review
- budget oversight
- new programming development
- scheduling our annual lecture series speaker
- promoting Barret within their banks and state organizations.
Over the past 18 years or so, the School has created additional career-track programs in Ag Lending, Commercial Lending, HR Management, Understanding Bank Profitability, Bank Senior Management, Director Training, and Compliance. Also, we have launched an industry leading podcast (Main Street Banking), developed quarterly Roundtables for our alumni and their banks, as well as developed our on-demand and hybrid-learning environment, the Barret Advanced Learning Platform.