Tag: Financial Industry
Bank Failures And How They Reshaped The Financial Industry with Pete Oquist (Ep. 3)

Bank Failures And How They Reshaped The Financial Industry with Pete Oquist (Ep. 3)

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Ready to uncover the untold stories behind bank failures and their profound impact on the ever-evolving world of finance?

In this episode, Mike Heckman invites Pete Oquist, a retired Federal Deposit Insurance Corporation (FDIC) examiner. This week, Pete dives into the gripping history of bank failures and their lasting impact on the financial industry.

Pete discusses: 

  • The interesting history of bank deregulation and how it impacted the ways banks operated and continue operating in the current day
  • His own experiences as an FDIC examiner
  • The story behind how he ended up working 12 hours a day, seven days a week 
  • Banks in the 60s versus banks in the 21st century
  • Reasons you have to be a lot smarter to run a bank now
  • And more!

Resources:

Connect with Mike Heckman: 

Connect with Pete Oquist:

About Our Guest: 

Pete Oquist’s experience includes: 

COMMISSIONED EXAMINER, FDIC, Division of Supervision and Consumer Compliance. Responsible for supervision and regulation of state-chartered non-member banks. 

COMMISSIONED SENIOR EXAMINER, Federal Reserve Bank of Chicago, Supervision, and Regulation, 2002 to 2006.   Responsible for supervision and regulation of community state-chartered member banks. 

FINANCIAL INSTITUTION EXAMINER, State of Michigan, Department of Consumer and Industry Services, 1985 to 2002. Responsible for supervision and regulation of state-charted banks.

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Against the Odds: A Nontraditional Financial Advisor’s Success Story (Ep. 2)

Against the Odds: A Nontraditional Financial Advisor’s Success Story (Ep. 2)

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Some people’s career paths have a bunch of twists, turns, and points where it’s flipped completely upside down. And then there’s Mike Heckman’s!

In this episode, Mike unveils the path that led him to become the financial professional he’s today. This conversation is all about inspiring you in your own career journey. So, tune in as Mike reinforces the belief that you can truly pursue anything you are passionate about.

Mike discusses: 

  • The story behind why he mainly works with business owners 
  • Some of his experiences as a business owner himself 
  • Valuable lessons that are all about motivating you to pursue your passion 
  • His experience working within the IT field during the ‘Y2K bug’
  • How he went from not wanting to be in the financial space to falling in love with the industry
  • And more!

Resources:

Connect with Mike Heckman: 

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