In this episode of Travillian Next, Zane Smith, Chief Banking Officer at American Bank, discusses the Banking-as-a-Service (BaaS) industry and stresses banks' need for in-house expertise. He advocates for a shift towards banks assuming responsibility for risk and compliance, rather than relying on middleware providers. Smith also addresses talent needs in the BaaS space, emphasizing strategic planning for growth. He highlights the importance of banks innovating within safety and soundness frameworks, urging a return to basics.

Travillian Host: Keith Daly, Head of Tech & Innovation

Key Takeaways

Attorney Michael Bell and Past Chairman of the Independent Bankers of America, Brad Bolton, have separately disagreed in the press about their views on credit union purchasing community banks. Bell has been a CU legal advisor on almost every deal announced since 2008. Bolton has been very critical of these transactions as the ICBA believes they have unfair advantages, namely around their tax exemption. In their very first appearance together, Brad and Mike engage in a congenial debate – which uncovered more agreements than disagreements.

We cover hot topics related to these unique mergers, including:

Keith Daly, Head of Tech and Innovation at Travillian, sits down with Phil Goldfeder, CEO of the American FinTech Council (AFC), to delve into the challenges and opportunities within the banking & fintech industries. Phil has been in the top seat at AFC for a little over a year now and has traveled countless miles to many state houses to advocate for his members and their customers. Phil’s passion for the job is visible and he loves the mission of the AFC.

Join us for the latest episode of Travillian Next, where Brian Love, Head of Banking & Fintech at Travillian, dives into the hot topic of credit unions acquiring community banks.

In this discussion, Brian sits down with Jeffrey Cardone, Partner and Attorney at Luse Gorman, PC, and Michael Bell, Partner at Honigman LLP, to explore the dynamics of these acquisitions. They shed light on the roles played by all parties involved and the hurdles they encounter along the way.

But that’s not all – they also zoom out to examine the broader landscape of mergers and acquisitions in the banking sector. From succession planning to regulatory challenges, they unpack the complexities driving M&A activity.

Don’t miss out on this deep dive into the future of banking mergers!

Join Ron Shevlin, Chief Research Officer at Cornerstone Advisors, and Brian Love, Head of Banking and Fintech at Travillian, as they navigate the critical challenge of talent acquisition in the banking industry.

When Lincoln Savings Bank and its Chairwoman, Sally Hollis, began their CEO search in the summer of 2023, they embarked on a journey to find someone who could blend the past, present, and future of the organization. With assistance from Travillian, Sean Willett was tapped to be the bank's new CEO.  In this candid conversation with Brian Love, Head of Banking & Fintech at Travillian, Sean and Sally reflect on:

Moderators:

Travillian Next is excited to announce our latest episode with Klaros Group’s Co-Founders, Konrad and Michele Alt, for an in-depth discussion on the regulatory landscape anticipated for 2024 within banking, fintech, and their governing boards. With extensive expertise in the financial services sector as legal professionals, regulators, advisors, and more, Konrad and Michele bring a wealth of knowledge to the table.

Travillian hosts Patrick Cooney, Lead GRC Search Consultant, and Indra Elangovan, Head of Strategic Advisory, come together with Konrad and Michele to delve into a range of topics within their expertise. These include future state regulatory awareness, talent considerations across all GRC functionalities, assessing Board composition, and understanding the dynamics of fintech-bank partnerships.

Guests:

In the latest Travillian Next episode, Travillian hosts Brian Love, Head of Banking & Fintech, and Indra Elangovan, Head of Strategic Advisory, sat down with Ted Rosinus, Managing Director at Stephens for a thought-provoking discussion. Ted shares M&A insights from the intersection of investment banking and his banking background. Explore the latest deal trends, outlooks, M&A process, and the strategic utilization of M&A for a competitive edge. Gain valuable perspectives on talent strategies, succession planning, and PE trends through the M&A Lens.

3:56 Top Priorities for Banks in M&A

7:24 Outlook for Banking M&A in 2024 and Beyond

10:55 Incorporating Capital Market Capabilities in M&A

13:30 Impact of M&A on Talent Strategy

22:26 Private Equity Investments

28:45 Current Concerns of Community Bank Boards

30:58 Factors Affecting the Length of the M&A Process

33:45 Favorite Movie

In the latest Travillian Next episode, Travillian hosts Brian Love, Head of Banking & Fintech, and Indra Elangovan, Head of Strategic Advisory, sat down with Ted Rosinus, Managing Director at Stephens for a thought-provoking discussion. Ted shares M&A insights from the intersection of investment banking and his banking background. Explore the latest deal trends, outlooks, M&A process, and the strategic utilization of M&A for a competitive edge. Gain valuable perspectives on talent strategies, succession planning, and PE trends through the M&A Lens.

3:56 Top Priorities for Banks in M&A

7:24 Outlook for Banking M&A in 2024 and Beyond

10:55 Incorporating Capital Market Capabilities in M&A

13:30 Impact of M&A on Talent Strategy 

22:26 Private Equity Investments

28:45 Current Concerns of Community Bank Boards

30:58 Factors Affecting the Length of the M&A Process

33:45 Favorite Movie

Join us for a compelling discussion hosted by Indra Elangovan, Travillian’s Head of Strategic Advisory, on bank board expertise, featuring a panel of experts sharing their perspectives on regulatory dynamics, risk management, cybersecurity, AI and offering invaluable advice to elevate your board to new heights during this transformative era in banking.