Managing Through Change (or in other words, Getting Stuff Done!!)

By: Sharon J. Lorman
Jeffrey P. Marsico

Guest: Michael Butler, President, CEO & Chairman of Grasshopper Bancorp, Inc.

Podcast Show Notes:

Our This Month In Banking (TMIB) podcast features discussion with colleagues and other industry thought leaders on interesting banking topics. TMIB is available on the last Wednesday of every month here, or wherever you get your podcasts, for your listening enjoyment. Join us on your commute, at your desk, or at home.

Topic: AI in Community Banking – Are YOU Ready?

Mike Butler has an outstanding track record of delivering growth and driving innovation. Prior to Mike’s role as CEO of Grasshopper Bank, he was the CEO of Radius Bank (“Radius”) which was one of the first community banks to embrace fintech partnerships. Mike transformed Radius which was a traditional community bank with $591 million in assets in 2008 to one of the most tech forward banks in the country. Radius built virtual banking capabilities including product and service capabilities and developed strategic partnerships with fintech firms to deliver robust banking as a service (BaaS) offerings. Mike was instrumental in Lending Club’s acquisition of Radius Bank which closed in February 2021. It was one of the first deals where a fintech acquired a chartered financial institution. The newly named Lending Club Bank had approximately $3.3 billion in assets as of March 31, 2021. Mike left in April 2021 and joined Grasshopper Bank in May 2021 to lead Grasshopper’s transformation into a client-first digital bank built for the business economy with leading-edge technology, solutions-driven products and superior service. Mike shares his insights on how to manage through change. Listen and enjoy!

Michael A. Butler
Grasshopper Bancorp, Inc.

Michael “Mike” Butler is an innovative leader in the financial services industry with a unique perspective on delivering superior customer service and leading cutting-edge technology to clients. Before Grasshopper Bank, as President and CEO of Radius Bank, Mike was at the forefront of embracing technology, and leading a once-traditional bank to become one of the most tech forward banks in the country, garnering numerous awards for the quality of its digital banking platform and building a valuable banking business. Prior to joining Radius, Mike served as President, National Consumer Finance at KeyCorp in Cleveland, Ohio. He is a graduate of Providence College and the ABA’s Stonier Graduate School of Banking. With Mike Butler at the helm, Grasshopper Bank continues its journey to become one of the leading tech-forward banks, rooted in a core venture business and supporting the innovation economy.

This podcast relates to The Kafafian Group’s Strategic Management Advisory service. Click here for more information.

Watch for episode 96 of This Month in Banking to be released on Wednesday, December 27th, 2023, and a new episode on the last Wednesday of every month.

Thank you for listening!