The Bank Innovators Council Road Show continued with a stop in the Research Triangle on Tuesday, September 9. Anchored by top-flight universities and high-tech companies, this area continues to be one of the fastest growing regions in the United States.
National and regional banks such as BB&T, PNC, and Bank of America serve the area, but it is also home to some innovative community banks. “The future of community banking is in the technology arena”, James A. Stewart commented recently. Stewart is the chairman of Durham’s 106-year-old Mechanics and Farmers bank, and his comment came with the recent announcement that technology leader James H. Sills III would be joining the bank as CEO.
Thanks to our host and sponsor
The Bank Innovators Research Triangle Workshop was held at the innovative home of our Road Show sponsor, ARCA, in Mebane, NC, just outside of Durham. ARCA provides technology and services to automate transaction and cash handling, and is supporting our research into the future of cash and future of branch banking. In this video ARCA executives talk about the role of cash and branches in the future of banking, why they support the Bank Innovators Council:
Read their recap about the day on the ARCA blog: Surviving and Thriving in a New Financial Landscape