Over 770 community banks failed during the great recession, 
we are still losing more than 250 Banks every year to M&A.

Once there were many more community banks.  A LOT more.  Some failed and new ones were created, it was a system that worked.   Then came the “Too Big to Fail” banks.  Then a crisis, created by them, which started a cascade of failures followed by a steady high number of mergers.  The response to the crisis actually compounded the problem for community bankers, creating The Extinction Level Event that we are witnessing today.  As Economists, Bankers, and Fi FinTech we see this as an unacceptable outcome for our country.

Can FinTech help?

First define FinTech.  We define Fi FinTech as technology firms that focus on selling products to bankers that will improve their offering as a financial institution.  We know that the higher the number of banks is good for Fi FinTech companies.   Likewise, the more Fi FinTech companies, the better it is for banks.

Fi FinTech can help but, we must help the Bankers  

If your firm has ever said, “We support Community Banking” then it is time to put your money and effort into it.  Start by helping community bankers better understand the available Fi FinTech solutions and how they solve current problems that bankers face every day. 

Solve TODAY’s problems and stop telling us about the future.  There is no future if we do not solve today's problems...

Reduce costs and improve the efficiency ratio.  Gain a wider customer audience of BOTH young and old through technology that is fitting for their base.

Give a Voice to be Heard – Take our industry back!

Give community bankers a voice in Washington and give Regulators a vision that will allow community banks to compete against the “Too Big to Fail” banks.

Force Law Makers and Regulators to regulate based on HOW a bank makes money.  Even with reform, they are not even close.