"Mind" Your Business

Thought Provoking Blogs for Business Owners and Executives

Corey Chambas: President & CEO of First Business Financial Services, Inc.

Corey Chambas, President & CEO of First Business Financial Services, Inc. is a featured blogger for IBMadison.com. Corey has over 25 years experience working with local businesses. He currently serves as a director of several of First Business's companies, is a board member of M3 Insurance Solutions, an advisory board member of Bellbrook Labs and Aldine Capital Fund, and a member of the Strategic Issues Campaign Committee for the United Way of Dane County.

Corey's recent blog postings are featured below.

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Recent Blog Posts

June 16, 2015

The worst shall be first – Why you need to do the hardest thing first

When I was 25, I thoroughly analyzed, wrote up, and prepared my very first commercial loan for loan committee. I was confident I had done a good job and was surprised when the chief credit officer (CCO) of the large bank I worked for called me into his office. He was a bit of a crusty old guy — probably about my age now! The whole of the conversation went like this:

CCO: “You should pull this loan.”

Me: “Why?”

CCO: “You should pull this loan.”

Me: “But why?”

CCO: “You should pull this …

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May 04, 2015

Execution Eats Strategy for Lunch

When I started doing this blog, one of my concerns was sharing our “secret sauce” for success, and allowing our competitors in on some of our strategies and tactics. We are a niche financial services company and we definitely do some unique things. I was worried that I was making us vulnerable by letting competitors know what we were trying to do and how we were trying to do it. But I no longer worry, as I’ve come to realize that execution eats strategy for lunch.

An analogy would be when I go to the gym to workout. Let’s say I have specific strength-training …

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April 09, 2015

Can Apple Today Keep Credit Fraud Away?

by Alan McAfee, Vice President - Deposit Operations, First Business Financial Services, Inc.

Apple Pay™ is in the news as the newest form of payment in the payments industry. At its core, Apple Pay™ is a digital wallet – an electronic device that allows an individual to make electronic commerce transactions. It is meant to be simple and safer than traditional card-based payments, but what is it really offering us? Will it change the payment landscape as many people predict?

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