Lincoln Savings Bank (LSB), a community bank rooted in agricultural lending, skyrocketed from 18,000 to over 3 million customers in just one year, fueled by the rapid growth of its banking-as-a-service (BaaS) arm, LSBX. To support this transformation, CEO Erik Skovgard partnered with Travillian to recruit fintech and risk management leaders from across the country, including Ryan Hildebrand and William Peek. With a bold mix of community banking and cutting-edge fintech partnerships, LSB has built a thriving innovation hub in Iowa and developed a model for other BaaS banks to follow. The story highlights how visionary leadership, national talent acquisition, and a willingness to embrace change can redefine what a community bank looks like in today’s tech-driven financial landscape.
Read the full article on the Travillian Next website here.