“Starting a bank” was never on my to-do list.

by Brian Pillmore | Feb 23, 2023 | Brian's Blog

But that’s exactly what I did – In 2008.Good timing. I was working with GE when I was asked to join 2 partners to start a bank in Utah. Just 1 problem – I knew nothing about banking.At all. I just knew I had a savings account and a credit card, and wanted...

Visbanking finds 5 banks (min. $50 Million in Assets) with a greater than 70% probability of failure in 2023.

by Brian Pillmore | Feb 22, 2023 | Brian's Blog

We created a proprietary Predictive Model for Bank Failure based on linear regression and machine learning that uses over 20 distinct metrics analyzed on a quarterly basis, including Capital, Asset Growth, Non-Performing Loans, Loan Losses, and Operating Losses. The...

If you want your bank to be the most profitable in the long run – make the most of your CRM.

by Brian Pillmore | Feb 21, 2023 | Brian's Blog

Here’s 4 steps to use within your CRM to boost your profitability. 1/ Uncover Customer Interests Start by getting to know your customers inside and out.When you bring on a new client, take the time to understand their interests and goals.What are their plans for new...

History doesn’t repeat itself.

by Brian Pillmore | Feb 18, 2023 | Brian's Blog

Every single moment is unique. Sure, there may be similar themes and parallels, but there are always new players, shifting circumstances, and evolving trends.It’s never the same. Just because one country rises to prominence in a similar way to one 1,000 years ago,...

I was heading out the door for work when my son made a strange request.

by Brian Pillmore | Feb 18, 2023 | Brian's Blog

“Dad, can I skip school for a day and come to work with you?” I was pretty surprised by the ask, as my son loves school, but I agreed to let him come with me as long as he was ready to go by 6am. I walked out the door thinking it would never happen because...