PRAISE FOR BANKRUPTION
"Bankruption is a wild romp through the nascent history of FinTech, punctuated by personal stories and concise, powerful lessons. Do yourself a favor and read this book."
Brett King, Host of the World's #1 FinTech Radio Show Breaking Banks
"We live in communities that are both physical and digital and John Waupsh brilliantly shows how a community institution can survive in a digitalized FinTech world in Bankruption."
Chris Skinner, author of ValueWeb and Digital Bank
"Provocative, divisive, insistent, and practical, Bankruption digs deeper than a simple, incredulous contempt for the status quo. It's a this–generation guide for banking leaders and their board members looking to make the transition back to relevance."
Ron Shevlin, author of Smarter Bank and the Snarketing column on The Financial Brand
"Bankruption is a sympathetic yet clear–eyed and thoroughly researched book that documents the ills of community banking and spells out many survival strategies small–bank leaders would do well to consider."
Penny Crosman, Editor at Large, American Banker
"Bankers, as well as those who advise and serve them, will ignore Bankruption at their peril."
Matt Harris, Managing Director, Bain Capital Ventures
"Bankruption is a must–read for leaders of community banks and credit unions. John Waupsh combines his own deep experience and advice with that of nearly two dozen experts, all of whom would be listed in anybody's who's who of FinTech."
JP Nicols, Chairman, Next Money; Managing Director, FinTech Forge
"Bankruption is an eye–opening read that all community bank leaders need to (uncomfortably) experience. John has packed so many ideas and possible solutions into this book that it would be a disservice to your bank if you don't give it a read."
Chris Kelley, Executive Director, Barret School of Banking
"Community banking is at a crossroads. Once the foundation of each community, these institutions are challenged by new regulations, new technology, and new competitors. Bankruption provides insights into how to apply what made community banking great to serve consumers who bank differently and have new alternatives."
Jim Marous, Co–Publisher, The Financial Brand ; Owner, Digital Banking Report
Additional Thanks xvii
Chapter 1: An Overview of the Bankruption 1
Chapter 2: Community Banking Is Broken 7
Chapter 3: The Opportunity for Community Financial Institutions 75
Chapter 4: Advice from Others 157
Chapter 5: Finishing Move 257
About the Author 269
About the Companion Website 271
JOHN WAUPSH is a renowned speaker at top FinTech and banking conferences. With one hand in community banking and the other in FinTech, he is well–regarded for balancing straight–talk consultation with research–backed ideation. Waupsh has pioneered integrated FinTech and financial marketing solutions, including Kasasa, a national brand of financial products offered exclusively at hundreds of community financial institutions around the United States.