Ian M. Schweid

Coconut Grove Bank

Mr. Schweid runs the Electronic Services Division at Coconut Grove Bank.� In this role he is responsible for all aspects of the Bank’s digital banking and card based services for individuals, private banking and business clients.� This includes determining the strategic direction the Bank takes with regards to product specifications, sales strategies, vendors, and daily execution for clients.� He is also responsible for managing the call center team.In addition to his role at Coconut Grove Bank, Mr. Schweid is a member of the Federal Reserve Bank’s Faster Payments Taskforce.� This taskforce has been assembled by the Federal Reserve Bank with the objective of assessing alternative approaches for implementing safe, ubiquitous, faster payment systems within the U.S.� As part of the taskforce, Mr. Schweid is leading the sub workgroup focused on defining the current landscape of the payments industry and the next steps to launching potential improvements.Before joining Coconut Grove Bank, Mr. Schweid ran Treasury Management, Corporate Services, and was a Regional Manager at City National Bank and Seacoast National Bank.� In both positions he ran various sales teams and negotiated partnerships and contracts with vendors of all types.� Previously he worked in the investments area at Great Western Bank and Prudential Securities.�Mr. Schweid’s background includes an undergraduate degree in business/finance from Eckerd College, and an M.B.A. from Florida International University.� He is also the current President of the South Florida chapter of the Association of Financial Professionals (SFAFP) and past President of the Marjory Stoneman Douglas Biscayne Nature Center.