Ep 31: The Recipe for Growing a Bank in 2024 with WesBanco’s Jeff Jackson

08/28/24 • 28 min

As Jeff Jackson, the CEO of WesBanco, sees it, M&A activity can only go up.

In this episode, Al and Steve chat with Jeff about why that is and what is at stake for community banks across the country.

They also explore other banking classics, including what the future of delivery in banking looks like, how to retain employees and what has helped the bank grow its deposits in a competitive year. They also opine on another passion: college football.

As Jeff Jackson, the CEO of WesBanco, sees it, M&A activity can only go up.

In this episode, Al and Steve chat with Jeff about why that is and what is at stake for community banks across the country.

Previous Episode

Ep 30: Who's Swimming Without a Bathing Suit?

The frequent flyer miles are overflowing for Steve and Al as they continue to visit banks across the country. In this episode, they dish on the burning C-suite issues, including: recession risks, core deposit growth challenges (and ideas to overcome them) and an area they believe bankers need to step it up on – their succession planning. Don’t worry. They talk about Snoop Dogg, too.

Next Episode

Ep 32: How This 177-Year-Old Bank Innovates // Nitin Mhatre

It’s action packed in banking right now as regulatory uncertainty mounts with the looming presidential election.

Today on the show, Al and Steve pick the brain of Nitin Mhatre, the CEO of Berkshire Bank, on the most pressing issues in banking. They explore the tension of a bank changing for the times while preserving its relationship-driven company culture, how to recruit senior talent and the importance of investing in technology. They also get into some of the cool initiatives the bank has pursued, including offering a bank account that comes with an unusual perk – paying up to $15 per month for subscriptions like Hulu and Netflix for certain direct deposit customers.

Al also brings up the big reunion: the Oasis tour. Steve starts humming.

Plugged In - A Banking Podcast - Ep 31: The Recipe for Growing a Bank in 2024 with WesBanco’s Jeff Jackson

Transcript

00:00:03:16 - 00:00:25:21
Al Dominick
On deck. But a new episode in Cornerstone Advisors Plugged In series, this one with the CEO of West Banco. Someone who I have to think will be cheering War Eagle this college football season when Auburn gets back on the field. So you know what? I'm going to start this one off by saying War Eagle. Fly down the field ever to conquer never to yield.
00:00:25:22 - 00:00:31:20
Al Dominick
War Eagle fearless and true. Fight on you orange and blue.