Banking

SMBs have it tough but if the owner isn’t male and white, it gets even tougher

  • During the 2023 Financial Inclusion Week, we are looking at how women and minority business owners are faring in 2023.
  • While concerns about a recession have dropped since last year, they still remain significant with 60% of SMB owners reporting being concerned about a recession.
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SMBs have it tough but if the owner isn’t male and white, it gets even tougher

 


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New banks, Path to growth

How Grasshopper uses team building and customer acquisition strategies to catalyze its growth

  • Grasshopper has recently grown its talent pool by bringing on four new executives to fill key roles in startup banking, embedded finance, product management, and SMB/SBA lending.
  • We look at how team building is intertwined with Grasshopper’s growth strategy and its growth trajectory two years post-relaunch.
Sara Khairi | September 26, 2024
Banking, The People Starting Things

On fighting the boys club and building role models in financial services

  • Three women leaders from the industry dive into their experiences with bias and lack of representation of women in tech in the financial services industry.
  • An exploration of how lack of representation impacts communities and how organizations can do better.
Rabab Ahsan | September 24, 2024
Banking, Making better partnerships, Path to growth, Podcasts

How are emerging community banks building effective tech partnerships? 

  • This episode builds on the de novo community banking theme, exploring the origin, growth, and technology paths of two community banks: RockPointBank in Tennessee and Moultrie Bank in Georgia. 
  • Both banks are young, having been founded during the pandemic, and while they share some commonalities like limited budgets and staffing, they each have unique markets and growth strategies. The variety of perspectives on the same challenges is what makes their story interesting.
Sara Khairi | September 19, 2024
Banking, Making better partnerships, Path to growth, Podcasts

‘Banks use about 35% of their available technology, and we didn’t want to be that bank’: Craft Bank CEO, Ross Mynatt, on evolving tech preferences among community banks

  • Hey, I'm Tearsheet's Sara Khairi, kicking off as your new host of the Tearsheet Podcast alongside our editor-in-chief, Zack Miller. Ready to shake things up, I'm excited to bring you some episodes of my own. My very first episode takes you to Atlanta, where we explore the growth and tech preferences of Craft Bank.
  • Ross Mynatt, CEO of Craft Bank joins us to discuss his journey as a first-time CEO, the choice of Jack Henry as their core tech partner, and the strategies behind Craft Bank’s $250 million asset growth in just under 4 years.
Sara Khairi | September 05, 2024
Banking, Financial Education, Getting customers to act

Money matters to the heart: A case study on how to tie customer care with brand engagement

  • Ally Bank is dialing into psychology to connect deeper with customers. Its Money Roots campaign encourages customers to explore the narratives they tell each other about money through free workshops.
  • It's an example of a campaign that brings customers into contact with the bank without feeling there are strings attached. We dive into how the campaign is built and what strategies it uses to rise above the noise.
Rabab Ahsan | September 03, 2024
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