Join us in this episode of "Banking on Growth" with Mike Graham, President of Midwestern Securities. Today, Mike sits down with Scott Stevens, Chief Information Security Officer at Integrity Technology Solutions, to discuss Artificial Intelligence (AI) and its impact on the financial sector.

Scott shares his extensive experience in the IT industry, spanning nearly 40 years, and provides a comprehensive overview of AI, its applications, and its implications for financial institutions. From the basics of AI to its advanced applications in security, customer service, and data management, Scott offers valuable insights into how AI is reshaping the financial landscape.

Whether you're tech-savvy or just starting to explore AI, this episode is packed with practical information and expert advice. Learn about the benefits and risks of AI, the importance of data accuracy and security, and the steps financial institutions should take to leverage AI responsibly.
Don't miss this engaging discussion on the future of AI in banking and how it can be a powerful tool for growth and innovation.

Topics Covered:
• Introduction to AI and its significance
• AI applications in email spam filters and antivirus products
• Financial institutions adopting AI for various tasks
• Security concerns and risks associated with AI
• The role of AI in data management and decision-making
• Regulatory perspectives on AI usage in financial institutions

Additional Resources:
Integrity Technology Solutions
Midwestern Securities
Subscribe to Banking on Growth Podcast


Contact Us:
Have questions or suggestions? Contact us at info@midwesternsecurities.com

Subscribe for more episodes and stay updated with the latest trends and insights in the banking and financial sector.

#artificialintelligence #ai #BankingOnGrowth #financialinstitutions #cybersecurity #TechInBanking #futureoffinance #AIInBanking

Follow us for more financial insights:
Facebook: https://www.facebook.com/midwesternsecurities
LinkedIn: https://www.linkedin.com/company/midwesternsecurities
Website: https://midwesternsecurities.com/
YouTube: www.youtube.com/@midwesternsecurities1999

-----
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.

If your bank needs a team that can help, visit https://midwesternsecurities.com/.

Member FINRA/SIPC

In this episode of Banking on Growth, Mike Graham, President & CEO of Midwestern Securities, sits down with Nathan White, Director of Retirement Plans & CFO at Midwestern Securities, to discuss how community financial institutions can deepen relationships with commercial customers.

Community banks must find innovative ways to differentiate their services and build strong, lasting relationships with their commercial clients. One powerful tool that can help achieve this is the Employer Sponsored Retirement Plan (ESRP). In this video, we discuss how community banks can leverage group retirement plans such as 401ks and SIMPLE IRAs to unlock long-term growth and profitability. ESRPs offer a unique opportunity for companies to offer a valuable employee benefit while providing business owners with potential strategic tax advantages while helping them comply with state retirement savings laws.

We'll cover:
• Understanding the ESRP Landscape: Learn about the increasing need for ESRPs and how they benefit companies and employees alike.
• The Role of Community Banks: See how community banks can position themselves as trusted advisors and ESRP experts to differentiate their services and strengthen client relationships.
• Leveraging ESRPs to Strengthen Commercial Client Relationships: Find out how community banks can offer valuable expertise and guidance in the ESRP process to become indispensable resources for their commercial clients.
• Offering Comprehensive ESRP Services: Learn about the suite of services community banks can provide, from feasibility studies and implementation to ongoing program management and employee education.

By positioning themselves as experienced leaders in the Employer-Sponsored Retirement Plan arena, community banks can build deeper, more valuable relationships with their clients, unlock new revenue streams, and achieve long-term success.

If you're a community bank or credit union looking to enhance your client relationships and offer innovative solutions, this podcast episode is for you. Subscribe for more insights into leveraging financial tools for success.

Timestamps:
0:00 - Introduction
1:35 - Understanding the ESRP Landscape
3:45 - The Growing Need for ESRPs
6:20 - The Role of Community Banks
9:05 - Leveraging ESRP to Strengthen Client Relationships
12:30 - Offering Comprehensive ESRP Services
15:10 - Case Studies: ESRP Success Stories
19:55 - Conclusion: Unlocking the ESRP Advantage

Follow us for more financial insights:
Facebook: https://www.facebook.com/midwesternsecurities
LinkedIn: https://www.linkedin.com/company/midwesternsecurities
Website: https://midwesternsecurities.com/
YouTube: www.youtube.com/@midwesternsecurities1999

-----
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.

If your bank needs a team that can help, visit https://midwesternsecurities.com/.

Member FINRA/SIPC

In this episode of Banking on Growth, Michael Graham, President of Midwestern Securities, sits down with Loyd Pohl from Pohl Consulting and Training to explore the intricacies of trust services in community banking. Loyd shares insights drawn from his extensive experience in the trust and banking industry, providing valuable perspectives on the challenges and opportunities faced by community financial institutions.

Throughout the conversation, Loyd sheds light on why community banks and credit unions offer trust services, emphasizing the importance of profitability and regulatory compliance. He discusses common challenges, such as regulatory scrutiny and the difficulty in finding experienced trust personnel, while also addressing the perceived risks associated with trust departments.

Loyd emphasizes the need for community financial institutions to invest in their trust departments, both in terms of hiring the right people and providing ongoing support. He highlights the importance of leadership buy-in and aligning trust services with broader organizational goals, stressing the need for collaboration and communication across different business lines.

The Difference Between Wealth Management and Trust Services:
Loyd also discusses the differences between wealth management and trust services, advocating for clarity in terminology and alignment in service delivery. He emphasizes the role of credibility and client trust in the success of trust departments, urging institutions to prioritize excellence in client service.

Join us for this insightful conversation on trust services in community banking and gain valuable perspectives on how financial institutions can evolve and thrive in today's dynamic landscape.

Subscribe now to receive notifications and access the complete library of empowering episodes designed exclusively for community financial institution leaders seeking to thrive in the world of wealth management services.

Follow us for more financial insights:
Facebook: https://www.facebook.com/midwesternsecurities
LinkedIn: https://www.linkedin.com/company/midwesternsecurities
Website: https://midwesternsecurities.com/
YouTube: www.youtube.com/@midwesternsecurities1999

-----
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.

If your bank needs a team that can help, visit https://midwesternsecurities.com/.

Member FINRA/SIPC

Join us as we discuss the top challenges facing community banks today, from regulatory pressures to technological disruption, and how these factors influence strategic decisions around M&A. With a focus on transparency and understanding, we delve into the nuances of buyer's and seller's markets, exploring how capital position, market dynamics, and regulatory environments impact the negotiating table. But it's not just about the numbers – we delve into the softer issues that can make or break a deal, from cultural alignment to regulatory considerations. With expertise drawn from years of business consulting, particularly in the realm of community banking, we offer practical advice for bankers navigating these complex waters, highlighting the importance of intentionality and thoughtful planning in maximizing their institution's vision and potential. Whether you're a seasoned banker seeking to stay ahead of the curve or simply curious about the inner workings of community banking, this video is for you. Tune in for valuable insights, actionable strategies, and expert perspectives on how community banks can thrive in an ever-evolving financial landscape.

Don't forget to like, share, and subscribe for more content on community banking, mergers, acquisitions, and strategic alliances. And if you're interested in learning more about our firm and how we can support your banking journey,
visit us for additional resources and information. Let's navigate the complexities of community banking together.

#communitybanking #communitybanks #mergersandacquisitions

Follow us for more financial insights:
Facebook: https://www.facebook.com/midwesternsecurities
LinkedIn: https://www.linkedin.com/company/midwesternsecurities
Website: https://midwesternsecurities.com/
YouTube: www.youtube.com/@midwesternsecurities1999

-----
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.

If your bank needs a team that can help, visit https://midwesternsecurities.com/.

Member FINRA/SIPC

In our latest episode of Banking on Growth, we're diving deep into the transformative power of technology in community financial institution wealth management. Join us as we explore how advancements in tech are reshaping financial planning, making it more personalized and efficient than ever before.

#bankingongrowth #communitybanking #creditunions

Follow us for more financial insights:
Facebook: https://www.facebook.com/midwesternsecurities
LinkedIn: https://www.linkedin.com/company/midwesternsecurities
Website: https://midwesternsecurities.com/
YouTube: www.youtube.com/@midwesternsecurities1999

-----
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.

If your bank needs a team that can help, visit https://midwesternsecurities.com/.

Member FINRA/SIPC

In this special episode, Cassie Taraboletti, CFP®, Executive Vice President & COO of Midwestern, sits down with Michael Graham, CFP®, President of Midwestern Securities. Together, Cassie and Michael dive deep into the evolution of wealth management in the banking space, exploring the challenges and opportunities that lie ahead for community financial institutions and the industry as a whole. From shifting trends to emerging technologies, they provide a comprehensive overview of what to expect in 2024.


#CommunityBanks #RetailWealthManagement #BankingInsights

Follow us for more financial insights:
Facebook: https://www.facebook.com/midwesternsecurities
LinkedIn: https://www.linkedin.com/company/midwesternsecurities
Website: https://midwesternsecurities.com/
YouTube: www.youtube.com/@midwesternsecurities1999

-----
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.

If your bank needs a team that can help, visit https://midwesternsecurities.com/.

Member FINRA/SIPC

This week, we’re back on YouTube for another episode of “Banking on Growth” to meet our new Vice President of Business Development, Anne Schutt! Join us as we discuss the key differences between big banks and community financial institutions, what banks look for in financial advisors, and how to take your retail wealth management and investment services divisions to the next level.

Follow us for more financial insights:
Facebook: https://www.facebook.com/midwesternsecurities
LinkedIn: https://www.linkedin.com/company/midwesternsecurities
Website: https://midwesternsecurities.com/
YouTube: www.youtube.com/@midwesternsecurities1999

-----
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.

If your bank needs a team that can help, visit https://midwesternsecurities.com/.

Member FINRA/SIPC

In the fast-paced landscape of today's professional world, where success is often measured in numbers and bottom lines, there emerges a beacon of leadership that transcends mere metrics. In this episode, we are honored to have the esteemed Kathryn Spitznagle, Owner of Professional Coach Mentoring Women Millennials, LLC, as our special guest. With over thirty years of invaluable experience in mentoring, training, and leadership development across corporate, small business, and not-for-profit landscapes, Kathryn brings a wealth of wisdom to the conversation. Join us for a thought-provoking exploration into leadership, purpose, and the profound influence one can wield when driven by a commitment to cultivating a culture that is truly cherished. This is more than a conversation; it's an exploration of the transformative power of purpose-driven leadership.

Follow us for more financial insights:
Facebook: https://www.facebook.com/midwesternsecurities
LinkedIn: https://www.linkedin.com/company/midwesternsecurities
Website: https://midwesternsecurities.com/
YouTube: www.youtube.com/@midwesternsecurities1999

-----
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.

If your bank needs a team that can help, visit https://midwesternsecurities.com/.

Member FINRA/SIPC