A Case of Self-Disruption

Anyone who thinks that community banks won’t be able to adapt to an evolving marketplace where digital and mobile channels are becoming increasingly important probably hasn’t heard of Radius Bank. In 2014, the management team and board at Boston-based Radius made the transformational decision to close all of its branches save one, as required by federal law, and adopt a digital-only consumer banking platform. While it might have seemed as though $790 million asset Radius was making a bold bet on a strategy that most banks are embracing far more cautiously, President and Chief Executive Officer Michael A. Butler doesn’t…

You have accessed a resource that is only available to our Bank Services members.

From how-to articles, director training videos, key interviews with industry leaders and more, Bank Services provides bank executives and directors with the tools to help grow their financial institutions. To sign up for exclusive access to this online bank board resource, please contact Bank Services at 615-777-8461 or [email protected].

Read The Article

Please enter your username and password below. If you have established a password please click ‘forgot your password’


Jack Milligan


Jack Milligan is editor-at-large of Bank Director magazine, a position to which he brings over 40 years of experience in financial journalism organizations. Mr. Milligan directs Bank Director’s editorial coverage and leads its director training efforts. He has a master’s degree in Journalism from The Ohio State University.