THE SITUATION
A $300M community bank in Georgia has been the cornerstone of their town for over 60 years. They have always run a sound bank in terms of credit quality, but growth has never been a priority. As a result, this sleepy little bank has never lived up to its enormous potential.
The Bank....
Sound Credit
Pillar of Community
Not Growing
THE CHALLENGE
The current CEO is retiring, and the board decides it’s time to kick into growth gear. They hire a new CEO from the outside to replace their outgoing leader.
![](https://southstatecorrespondent.com/wp-content/uploads/2023/05/iStock-1076628502-e1684425916972-600x600.jpg)
![The New Direction: Icon](https://southstatecorrespondent.com/wp-content/uploads/2023/01/no-e1674615877394.png)
The New Direction:
![Grow Loans & Deposits Icon](https://southstatecorrespondent.com/wp-content/uploads/2020/11/icon_wire.png)
Grow Loans & Deposits
![Increase Profitability Icon](https://southstatecorrespondent.com/wp-content/uploads/2020/11/icon_save-e1677100949908.png)
Increase Profitability
![Keep Credit Clean Icon](https://southstatecorrespondent.com/wp-content/uploads/2020/11/icon_confusion.png)
Keep Credit Clean
THE SOLUTION
In search of new ways to both attract deposits, grow loans, and increase fee income, the CEO knows where to look. Having used ARC at a previous bank, he immediately equips the bank’s lenders with the program — and sees big results!
![](https://southstatecorrespondent.com/wp-content/uploads/2023/05/iStock-1076606030-600x600.jpg)
THE RESULTS
![New Loans:<br> $30M Icon](https://southstatecorrespondent.com/wp-content/uploads/2023/05/check-cirlge.png)
New Loans:
$30M
$30M
![New Deposits:<br> $10M Icon](https://southstatecorrespondent.com/wp-content/uploads/2023/05/check-cirlge.png)
New Deposits:
$10M
$10M
![Fee Income: <br> $450,000 Icon](https://southstatecorrespondent.com/wp-content/uploads/2023/05/check-cirlge.png)
Fee Income:
$450,000
$450,000