“Brace” Yourself for the Shenanigans in Banking
Description
Deal-making is heating up.
On the show today: Al and Steve sit down with Mike Maddox, CEO and president of the newly expanded $20B-asset Busey Bank, which merged with CrossFirst Bank earlier this year. They dig into scale, succession and strategy.
They also discuss what stablecoins mean for banking, Busey’s $14B wealth management platform and why Mike thinks that regional banks should act more like professional services firms to serve their markets best.
Chapters:
[00:00 ] Welcome & Ozzy-Inspired Kickoff
[00:41 ] Meet Mike Maddox: Regional Banking Veteran
[01:12 ] The State of Bank M&A: Scale and Strategy
[04:04 ] Solving for Succession: Leadership Transition
[06:13 ] Market Expansion: From Midwest Roots to Sunbelt Growth
[07:32 ] Preserving Regional Culture in a Growing Bank
[10:58 ] The $14 Billion Wealth Platform Advantage
[14:17 ] Banking Innovation: Tech, Payments & FirstTech
[18:50 ] Looking Ahead: Post-Merger Integration & Opportunity
[19:48 ] Wrap-Up: Culture, Metrics & Modern Banking Vision
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