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.
Hey Tearsheet Podcast listeners! Welcome to the second episode of our de novo community banking series. I’m Sara Khairi, your host and reporter at Teasheet. If you tuned in a couple of weeks ago, you know we kicked things off with a deep dive into Craft Bank’s journey in Atlanta, from CEO Ross Mynatt’s debut leadership role to its choice of core tech partner and the strategies it used to grow $250 million in assets.
This episode builds on that theme, exploring the origin, growth, and technology paths of two other community banks: RockPointBank in Tennessee and Moultrie Bank in Georgia.
Both banks are relatively 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.
Joining us are Hamp Johnston, President and CEO of RockPointBank, and Donna Lott, President and CEO of Moultrie Bank & Trust. We discuss the origins and development of their banks, the hurdles they’ve overcome, and why they decided on Jack Henry as the right tech partner for them.
Launched in 2021, RockPointBank is a nearly $300 million asset institution based in Chattanooga, focused on local businesses and professionals. Hamp, with over 25 years of experience at banks including JPMorgan, leads the charge at RockPointBank. Meanwhile, Moultrie Bank & Trust, which opened in 2022, is the only local bank in Moultrie, Georgia, serving both retail and commercial customers in the southern part of the state. Donna, with more than 22 years in community banking, has been at the helm in guiding the $106 million asset Moultrie Bank through its growth, particularly in residential home construction. The bank also aims to expand its reach among SMBs and younger demographics.
Without further ado, let’s dive into the conversation!
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