The creativity that helped Richwood Bank launch a marketing consultancy has also helped the bank increase its lobby traffic and support its local economy. In 2015, when Richwood Bank decided to update its lobby, it needed to respond to two consecutive years of decline in lobby traffic. Bank CEO Chad Hoffman wanted to create a fresh experience in order to turn that decline around. [Continue]
Call it miscommunication, serendipity or divine intervention, but the first meeting between marketer Heather Wirtz and banker Chad Hoffman has resulted in a groundbreaking way for Richwood Bank in Richwood, Ohio, to earn money. [Continue]
Alan Baldwin was all set to retire from a 30-year banking career in Pacific, Mo., when he found a unique opportunity with a competitor bank. A little more than a year later, Baldwin finds himself re-energized in the role of executive vice president of First State Community Bank, headquartered in Farmington, Mo., greeting customers and giving tours of the historical décor featured in the bank’s newly-opened branch. [Continue]
The customer experience reigns supreme, but so does how a bank differentiates itself by its choices in location and design. Today’s design-build firms emphasize a full-service consultative approach to bank architecture that takes into account retail trends, community needs, and yes, bricks and mortar. [Continue]
When nbkc bank entered the fintech marketplace in 2018 with Fountain City Fintech, an accelerator for fintech startups, it began not with action, but by listening. Bankers talked with more than 150 startups in the first five to six months of 2018, said Zach Anderson Pettet, managing director of Fountain City Fintech. [Continue]
Where many banks might present themselves with a look, tone and environment that’s as serious as the work they do, that’s simply not nbkc bank’s style. Even its name — all lowercase letters — asserts that this bank strives for a more casual image. [Continue]
The Bank of North Dakota is celebrated around the country as a success story, now 100 years in the making. It has “helped shape and expand the state’s economy,” as the 2019 legislature declared in a celebratory resolution recognizing February 19 as “Bank of North Dakota Day.” [Continue]
In 1993, Uniroyal Goodrich Tire Company announced it would close its Eau Claire, Wis., factory, costing the west central Wisconsin community 1,300 jobs. Not long after, SSI, a supercomputer startup bankrolled by IBM that was expected to add 1,000 tech jobs to Eau Claire, failed instead. It was a one-two punch that hobbled the traditionally blue-collar community of 65,000 just as Jeff Halloin was moving his family, including two-year-old triplets, back to town. [Continue]
At a board meeting for First State Bank Southwest in 1997, director Erlin Weness sat prepared to offer the same brand of thoughtful input he’d brought to meetings since joining the board a decade earlier. In stepped Greg Raymo, recently hired as chief credit officer at the Worthington, Minn., bank; the new arrival brought some equally new ideas. [Continue]
Executives of First Internet Bank, Indianapolis, told investors in late January that the bank posted record earnings in 2018, particularly in commercial and consumer loans and its specialty lending areas, including single tenant lease financing, public finance, healthcare finance, and horse trailer and recreational vehicle lending. [Continue]