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Episode 9: River City Bank; it all started with an idea on a cocktail napkin
Manage episode 354333117 series 3345645
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Natalie talks with Chairwoman Shawn Devlin and CEO Steve Fleming about the origins of River City Bank, which started with a desire to buy a helicopter and a business plan written on a cocktail napkin during a dinner at Frank Fat’s in Sacramento.
Shawn recounts the story of her father going from radio station owner, to TV station owner, to TV salesman and distributor, to founder of the region's first commercial bank.
Shawn and Steve have since taken the reins of River City Bank and have grown the bank's assets and profits by over 500% in 14 years and continue to thrive as an independent bank. Shawn and Steve talk about the importance of mutual respect in their sharing of ideas and how the bank has succeeded due to its development and retainment of a talented staff.
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