Growing innovative community banks
Leveraging decades of experience in growth, innovation, and core community bank values
Growing innovative community banks
Leveraging decades of experience in growth, innovation, and core community bank values
Expertise
After spending 28 years growing Lincoln Saving Bank from a rural Iowa community bank to a national leader in Fintech BAAS, Erik stepped down as CEO and began his firm to share his experience with community banks. During his time with LSB, it grew from $70M to $1.8B in assets, 4 locations to 19, 20 employees to 425, and 1,500 customers to 3 million. He led the team in rapid growth, development of culture, expanding regulatory oversight, acquisitions and de novo expansion.
Approach
Leveraging a 28-year career as a community bank leader, Erik Skovgard provides a process to help bank leadership teams be healthy and smart by ensuring a sustainable growth strategy through a strong foundation and innovation. Together, Erik and his clients define and construct a winning strategy, prioritize innovation initiatives, improve organizational health, drive business and sales growth, and ensure consistency and quality.