Understanding the Biggest Challenges For Community Banks in Illinois and How To Overcome Them

Banking on Growth

In this episode of Banking on Growth, we sit down with a distinguished guest, Kraig Lounsberry, President and CEO of the Community Bankers Association of Illinois. Together, we delve deep into the world of community banking within the dynamic landscape of Illinois. Kraig shares invaluable insights into the most pressing challenges faced by community banks in the state and offers pragmatic strategies for overcoming them. From adapting to fintech innovations to addressing talent shortages, we explore the evolving banking landscape and provide actionable guidance to help community banks not only survive but thrive in today's financial ecosystem. Tune in to gain a comprehensive understanding of the unique challenges and opportunities awaiting community banks in Illinois.
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Midwestern Securities is a reputable independent broker/dealer and Registered Investment Advisory firm owned and operated by community bankers and financial professionals. With a strong track record of delivering personalized attention and financial advisor coaching that helps community financial institutions take their investment services divisions to the next level, Midwestern Securities has established itself as a trusted partner in the industry.
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