The Graduate School of Banking at Colorado (GSBC) Board of Trustees is pleased to announce J. Michael Woody as the 30th recipient of the James C. Scarboro Award.

Mike Woody served on the faculty of GSBC for 41 years, from 1980-2021, educating thousands of GSBC students on regulatory management reports, depository and board actions, lender liability and appraisals in his Loan Workouts course. Woody was consistently a GSBC-student favorite and remains in contact with many alumni, faculty members and trustees whom he met through the school.

He is the president of J. Michael Woody, Inc., offering bank consulting, expert witness services, teaching and training. Previously, Woody served as the president, CEO and director for many banks in Tennessee and Oklahoma. He is also a former chairman of the Credit Enhancement Committee of the State of Oklahoma. He has represented banking clients in a wide scope of activity including strategic planning, profit maximization, work out strategies and tactics, regulatory interface, staffing, policies and procedures and establishment of incentive compensation plans.

“Mike has a commanding presence in the classroom and was often cited as the most impactful instructor,” said GSBC President Michael Stevens. “The industry has better bankers and better leaders because of Mike Woody.”

James C. Scarboro co-founded GSBC (formerly the Colorado School of Banking) in 1950. In his honor after his passing in 1973, the GSBC Board of Trustees established the James C. Scarboro Award. It is given to a community banking advocate who portrays outstanding leadership and a passion for banker education.

Woody will receive his award March 16, 2022, during a dinner at GSBC’s strategic planning meeting in Nashville, Tennessee.