About this episode
Deal-making is heating up. On the show today: Al and Steve sit down with Mike Maddox, CEO and president of the newly expanded $20B-asset Busey Bank, which merged with CrossFirst Bank earlier this year. They dig into scale, succession and strategy. They also discuss what stablecoins mean for banking, Busey’s $14B wealth management platform and why Mike thinks that regional banks should act more like professional services firms to serve their markets best. Chapters: [00:00] Welcome & Ozzy-Inspired Kickoff [00:41] Meet Mike Maddox: Regional Banking Veteran [01:12] The State of Bank M&A: Scale and Strategy [04:04] Solving for Succession: Leadership Transition [06:13] Market Expansion: From Midwest Roots to Sunbelt Growth [07:32] Preserving Regional Culture in a Growing Bank [10:58] The $14 Billion Wealth Platform Advantage [14:17] Banking Innovation: Tech, Payments & FirstTech [18:50] Looking Ahead: Post-Merger Integration & Opportunity [19:48] Wrap-Up: Culture, Metrics & Modern Banking Vision Subscribe to the Plugged In podcast here: https://www.crnrstone.com/gritty-insights/podcasts/plugged-in