Dr. William F. Staats is a member of the faculty at the Graduate School of Banking at LSU and of several state banking schools. He is a director of the Farm Credit Bank of Texas, a $14.2 billion institution, and vice-chairman of the Farm Credit System Audit Committee in Jersey City, New Jersey. In addition, Dr. Staats is chairman of the board of SevenOaks Capital Associates, LLC, a working-capital finance company serving the trucking industry nationwide. He is a member of the board of directors of Money Management International, a Houston-based non-profit organization providing education and consumer credit counseling from more than 120 offices across the nation, and on the Board of Directors of Lakeside Bank in Lake Charles, Louisiana. Also, he is a member of the Board of Regents of Texas Lutheran University.
Dr. Staats was founder and vice chairman of the board of directors of New Braunfels National Bank in New Braunfels, Texas. Also, he was named by the Federal Deposit Insurance Corporation to the board of the nation's first bridge bank.
For 30 years, Dr. Staats held the position of The Hermann Moyse, Jr., Distinguished Professor and Louisiana Bankers Association Chair of Banking at Louisiana State University. Also, he served as director of the Bankers School for Supervisory Training and director of the Louisiana School of Banking.
Before joining the faculty at LSU, Dr. Staats was senior economist, vice president and corporate secretary of the Federal Reserve Bank of Philadelphia. He has been a member of the faculty at Rice University and at The University of Texas where he received his doctorate degree. His undergraduate degree is from Texas Lutheran University.
Dr. Staats has published more than fifty-five articles in banking and finance, many of which have been the subject of articles in The New York Times, American Banker, Banking Magazine and other publications. He is very active on the speaking circuit, making more than a thousand presentations throughout the nation in 46 states and five foreign countries. He has done extensive work as an expert witness in banking cases in about a dozen states. Twenty-five of those cases involved suits by regulatory agencies against officers and directors of failed financial institutions.
In addition, Dr. Staats has written seven books: Money and Banking, published by the American Bankers Association; Key Concepts of Financial Management for Bankers, Second Edition, published by the Graduate School of Banking at LSU; Effectiveness of Bank Boards of Directors: Evidence and Prescriptions, and Key Concepts of Financial Management for Credit Unions. He is co-author of How Chuck Taylor Got What He Wanted (And How You Can, Too!), now in its fourth edition, which is designed to teach the financial facts of life to young adults. His monograph, Bank Directors' Guide to Controlling Credit Risk was published by the Graduate School of Banking at LSU. His latest book is entitled Key Concepts of Financial Management for Business Success.
