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.
Pillar of Community
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.
The New Direction:
Grow Loans & Deposits
Keep Credit Clean
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!
New Loans: $30M
New Deposits: $10M
Fee Income: $450,000
Today the bank is over $500M in assets. ARC has played a key role in generating new loans, while fostering a new culture that is always looking to adapt, grow, and innovate their way to success.
Interested in seeing how The ARC Program can work for your bank?
Book ARC Demo
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