{"version":1,"type":"rich","provider_name":"Libsyn","provider_url":"https:\/\/www.libsyn.com","height":90,"width":600,"title":"Community Banking Rebooted: Stablecoins, Tech &amp; the New Money Movement","description":"When was the last time the person approving your business loan picked up their own phone? In this episode, Matt and Lou sit down with Keith Costello, who built Locality Bank from the ground up, a tech\u2011forward community bank for real business owners. They dive into his \u201cwhy,\u201d the nuts\u2011and\u2011bolts of launching a bank, the future of stable coins, and why the big banks aren\u2019t always the best choice for entrepreneurs.  \ud83c\udf78 What you'll hear in this episode:   How Keith transitioned from military to Merrill\u202fLynch to banking and finally to founding Locality Bank.   Why he says community banking isn\u2019t dead\u2014it just needed a reboot.   The behind\u2011the\u2011scenes of getting a bank charter, FDIC insurance &amp;amp; raising ~$40\u202fmillion from local business owners.   Why many banks are failing local businesses and what entrepreneurs should demand instead.   A primer on stablecoins: what they are, why they matter for small\/medium businesses.   How Locality Bank makes money and why the \u201cspread\u201d matters for business owners.   The tech\u2011first, human\u2011touch model: balancing digital banking + sit\u2011down cigars with business owners.   What\u2019s next for banking, payments, and local business ecosystems.    \ud83d\udca1 Notable Takeaway: Traditional finance is not going to go away\u2026 but stablecoins and crypto are coming very rapidly. &amp;nbsp; \ud83d\udc64 About our Guest: Keith\u202fCostello is the Founder &amp;amp; CEO of Locality Bank, based in Fort Lauderdale, Florida. With prior exits in the banking world, Keith set out to build a new style of community bank designed for small and medium\u2011sized business owners. He\u2019s passionate about preserving local relationships, embracing technology, and enabling entrepreneurs to access the capital they need to grow.  \ud83c\udfa7 Why Listen: If you\u2019re building a business, seeking banking that gets you, or curious where finance is headed (yes\u2014stable coins, crypto, and what it means for your next deal), press play now. This one\u2019s for builders who want banking that works with them, not against them. &amp;nbsp; \ud83d\udd17 Links + Stuff   Linkedin profile   keith@localitybank.com   Locality Bank   &amp;nbsp; \ud83d\udcde Want help prepping your business for growth or sale? Hit us up at https:\/\/api.leadconnectorhq.com\/widget\/bookings\/call-with-credit-banc-pod  \ud83c\udfa7 Subscribe. Rate. Share. Repeat.   Our website   Apple Podcasts   Spotify   Audible   YouTube   \ud83d\udce7 Want even more? Subscribe to The Weekly, our Friday morning newsletter, for all the latest in the world of finance, tech, small business, and more. Available on Substack: https:\/\/theweeklyfromshieldadvisory.substack.com\/ Connect with us on Instagram: \u27a1\ufe0f @matthew.r.meehan\u27a1\ufe0f @luigi_rosabianca, \u27a1\ufe0f https:\/\/www.instagram.com\/theliquidlunchproject\/ ","author_name":"The Liquid Lunch Project","author_url":"https:\/\/theliquidlunchproject.com","html":"<iframe title=\"Libsyn Player\" style=\"border: none\" src=\"\/\/html5-player.libsyn.com\/embed\/episode\/id\/39224395\/height\/90\/theme\/custom\/thumbnail\/yes\/direction\/forward\/render-playlist\/no\/custom-color\/88AA3C\/\" height=\"90\" width=\"600\" scrolling=\"no\"  allowfullscreen webkitallowfullscreen mozallowfullscreen oallowfullscreen msallowfullscreen><\/iframe>","thumbnail_url":"https:\/\/assets.libsyn.com\/secure\/content\/196048420"}