TowneBank and Baker Hill Join Forces for Banking Insights
Explore Banking Innovation at the Small Biz Banking Conference
At the upcoming Small Biz Banking Conference, attendees will have the opportunity to gain crucial insights into lending best practices. The spotlight will be on an enlightening session titled "TowneBank: A Story of Community, Evolution, and Growth," featuring esteemed speakers John Baiocco from TowneBank and Bryan Peckinpaugh from Baker Hill. Their presentation promises to unveil valuable strategies that can empower financial institutions aiming for growth.
Highlights from Baiocco and Peckinpaugh's Session
Understanding Community-Driven Banking
During the session, Baiocco and Peckinpaugh will discuss TowneBank's remarkable evolution and deep-rooted commitment to community engagement. They will delve into the mutually beneficial partnership between TowneBank and Baker Hill that has enabled the bank to improve operational efficiency and significantly expand its loan portfolio. This collaboration has been pivotal over the past two decades, enabling TowneBank to enhance its services while fostering community development.
Real-World Strategies for Financial Institutions
The session aims to equip participants with actionable strategies drawn from real-world applications. Attendees will learn how to implement these approaches within their institutions, leading to improved community impact and sustainable growth. Baiocco emphasized the importance of operational effectiveness and community involvement as core components of success in the financial sector.
A Glimpse into the Small Biz Banking Conference
The Small Biz Banking Conference is a prestigious annual event organized by American Banker. It attracts top executives and thought leaders in the banking industry who come together to examine the latest trends and strategies shaping small business banking today. This year, the conference looks to provide a platform for discussions that can lead to enhanced banking practices catering to small businesses.
About Baker Hill and TowneBank
Baker Hill stands out as a leader in financial technology, specializing in solutions for loan origination, risk management, and analytics. By seamlessly integrating technology with banking expertise, Baker Hill NextGen is a versatile SaaS solution tailored for various lending needs that can evolve alongside businesses. They dedicate themselves to enhancing the borrowing experience for financial institutions and their customers.
TowneBank, founded in 1999, prides itself on building lasting relationships through a comprehensive range of banking and financial services. Celebrating its 25th anniversary, the bank operates across multiple regions, showcasing a commitment to fostering social and economic growth in the communities it serves. With total assets amounting to an impressive $17.07 billion, TowneBank remains a leading financial institution in Virginia.
Frequently Asked Questions
What is the Small Biz Banking Conference?
The Small Biz Banking Conference is an annual event that unites banking professionals to discuss trends and strategies in small business banking.
Who are the presenters at TowneBank's session?
John Baiocco, Senior Executive Vice President at TowneBank, and Bryan Peckinpaugh, Senior Vice President at Baker Hill, are the presenters for this session.
What topics will be covered during the session?
The session will cover community-driven banking strategies and how collaborations enhance financial operations and customer engagement.
Why is the partnership between TowneBank and Baker Hill significant?
This partnership has allowed TowneBank to significantly grow its loan portfolio while improving operational efficiency over the last 20 years.
How does Baker Hill's technology benefit financial institutions?
Baker Hill's technology provides financial institutions with a configurable platform designed to meet evolving lending needs and enhance the borrowing experience.
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