The FI FinTech Movement helps community banks thrive.
The community banking system is critical to our nation and our economy.
Once there were many more community banks. A LOT more. Some failed and new ones were created. The system worked.
Then came the “Too Big to Fail” banks. Then a crisis (created by Big Banks) brought a cascade of failures followed by an increase of mergers.
The crisis response compounded the problem for community bankers, creating The Extinction Level Event that we are witnessing today. We see this as an unacceptable outcome for our country and we're here to help.
Once there were many more community banks. A LOT more. Some failed and new ones were created. The system worked.
Then came the “Too Big to Fail” banks. Then a crisis (created by Big Banks) brought a cascade of failures followed by an increase of mergers.
The crisis response compounded the problem for community bankers, creating The Extinction Level Event that we are witnessing today. We see this as an unacceptable outcome for our country and we're here to help.
Building Momentum
We started this Movement in 2018 because there was no other choice. The results have been great and we want to continue to build on that momentum. So we will continue to bring innovative bankers and FI FinTechs together. It is the only way to make the Movement grow and it is how Community Banks will thrive.
Here's some amazing things our Roundup Bankers have done.
Brian Unruh & nbkc Bank launched Fountain City FinTech – the first accelerator from a community bank (wow!) and many of us have been fortunate enough to visit & learn from the nice folks in Kansas City. Brian, Eric & the whole group at NBKC are truly first class folks & Rockstar community bankers. Check them out here.
John Gill & Somerset Trust created National FinTech Day, where they involved Somerset’s FI FinTech partners as well as the local community. They even had a DeLorean! Check out the video!
Dave Hunkele & the crew at Live Oak Bank continue to push bank built FI FinTech forward, with massive strides in building a modern core (Finxact), Digital Banking (Apiture), bill pay & payments platform (Payrailz), and many more innovative endeavors. You can see what they are up to here.
It’s great to see so many FI FinTech bankers creating new bank focused products & even partnering with FI FinTech vendor sponsors to collaborate.
When we all work together on common ground, community bankers, FI FinTechs & America wins. Gotta love when a movement comes together…
Did we mention that the ICBA has even launched a Community Bank FinTech accelerator with a number of companies that are already in the market with bank customers?! How cool! Hats off to Kevin Tweddle for leading the charge & moving our industry forward. Check out the ThinkTech Accelerator.
We appreciate all that you do, but worry that if you keep up the pace, you may need a new pair of boots for Luckenbach this fall!
Here's some amazing things our Roundup Bankers have done.
Brian Unruh & nbkc Bank launched Fountain City FinTech – the first accelerator from a community bank (wow!) and many of us have been fortunate enough to visit & learn from the nice folks in Kansas City. Brian, Eric & the whole group at NBKC are truly first class folks & Rockstar community bankers. Check them out here.
John Gill & Somerset Trust created National FinTech Day, where they involved Somerset’s FI FinTech partners as well as the local community. They even had a DeLorean! Check out the video!
Dave Hunkele & the crew at Live Oak Bank continue to push bank built FI FinTech forward, with massive strides in building a modern core (Finxact), Digital Banking (Apiture), bill pay & payments platform (Payrailz), and many more innovative endeavors. You can see what they are up to here.
It’s great to see so many FI FinTech bankers creating new bank focused products & even partnering with FI FinTech vendor sponsors to collaborate.
When we all work together on common ground, community bankers, FI FinTechs & America wins. Gotta love when a movement comes together…
Did we mention that the ICBA has even launched a Community Bank FinTech accelerator with a number of companies that are already in the market with bank customers?! How cool! Hats off to Kevin Tweddle for leading the charge & moving our industry forward. Check out the ThinkTech Accelerator.
We appreciate all that you do, but worry that if you keep up the pace, you may need a new pair of boots for Luckenbach this fall!
Three Pillars of FI FinTech
Promote FI FinTechWe define Financial Institution FinTech as companies focused on building technology products to improve banker's financial institution.
More banks is good for FI FinTech companies. In turn more FI FinTech companies is good for banks and their customers. |
Support BankersIf your firm has ever said, “We support Community Banking” then now is the time to show it. Start by helping community bankers better understand FI FinTech solutions and how they solve today's problems.
There is no future if we do not solve banker's biggest needs today. |
Amplify Bankers' VoiceGive Community Bankers a voice in Washington. Give Regulators a vision that allows 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. |