
Ep 33: Lake City's Secret Sauce // CEO David Findlay
09/25/24 • 25 min
Lake City Bank has managed to grow its book value per share even amid some of the thorniest industry challenges.
David Findlay, Chairman and CEO of Lake City Bank, talks to Al and Steve about why the bank is creating an innovation and tech center in Indiana, the significance of elevating the retail banker role and the importance of community outreach, including by making a move a big bank wouldn’t: maintaining rural branches.
But his secret sauce? It’s literal: Don’s Rib Sauce at Alcona Country Club in Elkhart, Indiana.
Lake City Bank has managed to grow its book value per share even amid some of the thorniest industry challenges.
David Findlay, Chairman and CEO of Lake City Bank, talks to Al and Steve about why the bank is creating an innovation and tech center in Indiana, the significance of elevating the retail banker role and the importance of community outreach, including by making a move a big bank wouldn’t: maintaining rural branches.
But his secret sauce? It’s literal: Don’s Rib Sauce at Alcona Country Club in Elkhart, Indiana.
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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.
Next Episode

Ep 34: Banking Is Gonna Make You Sweat
Today on the show, Steve quizzes Al on the hottest topics discussed at the recent Association for Financial Technology Fall Summit held in Palm Springs. Among them: the Federal Reserve’s rate cut and what it could mean for regional banks, mounting regulatory fintech issues, holes in talent pipeline and whether branches are going extinct in the next two decades. Spoiler: They aren’t.
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