How to Become a Tech-Forward Bank

INSBANK CEO Jim Rieniets discusses how the Tennessee bank embraces technology, vets fintech partners and shows discipline in the fast-growing Nashville market.

Happy Monday, Bank Slaters,

How’s everything going? I am taking a little time off in Spain this week, so you will notice a slightly stripped-down version of our platform over the next few days. Never fear, I will come back refreshed and ready for a couple of months of conference travel.

Let’s talk about being a tech-forward bank.

I recently caught up with Jim Rieniets, president and CEO of INSBANK in Nashville, Tenn. I always enjoy chatting with Jim, a sharp guy who has always been willing to share straight-foward takes on the banking industry.

The $825 million-asset INSBANK has leaned into technology, adopting an open-API system last year. Jim and his team are in the process of understanding how to best harness and use data to improve systems and operations across the bank.