Summary
In this episode of the GeekSpeak podcast, Lincoln Parks interviews Leonard Moreland, former CEO of Heritage Bank and Heritage Southeast Bank. Leonard shares insights on his retirement, hobbies, and journey to becoming a CEO. He discusses the challenges and opportunities facing community banks, strategies for staying competitive in the economic climate, and the importance of balancing technology with personal interaction. Leonard also shares his thoughts on working with the fintech industry and provides advice for aspiring leaders in the community banking industry. The conversation concludes with a discussion on the economic uncertainty and the possibility of a recession.
Takeaways
Retirement can be a time to pursue hobbies and spend time with family.
Community banks play a crucial role in supporting small businesses and providing personalized service.
Balancing technology with personal interaction is key for community banks to stay competitive.
Working with fintech companies can provide opportunities for innovation and future products and services.
Economic uncertainty and the possibility of a recession require careful monitoring of unemployment rates and inflation.
Chapters
00:00 Introduction and Welcome
05:34 Leonard's Retirement and Hobbies
07:11 Journey to Becoming CEO
09:32 Challenges and Opportunities for Community Banks
11:05 Dealing with Bank Failures
17:31 Staying Competitive in the Economic Climate
20:37 Advice for Aspiring Leaders in Community Banking
23:21 Working with Fintech Industry
