Banking Transformed with Jim Marous

What Gen Z Really Wants from Their Bank

Jun 17, 2025
Lamont Young, EVP at Citizens Bank, dives into how banks can truly connect with Gen Z and Millennials. He emphasizes the importance of blending digital innovation with personal engagement. Young discusses the need for legacy institutions to redefine themselves and meet the fast-paced, tech-savvy demands of younger consumers. He highlights the significance of community engagement and how banks can utilize data to enhance customer experiences. Ultimately, it's about building trust through personalized, empathetic service during uncertain financial times.
Ask episode
AI Snips
Chapters
Transcript
Episode notes
ANECDOTE

Unexpected Career Path

  • Lamont Young shared his unexpected entry into banking coming from a fashion background.
  • He thought banking would be a brief stop, but it turned into a 17-year career.
INSIGHT

People-Centric Banking Focus

  • Banking is fundamentally about serving people and fulfilling lifelong dreams like buying a home.
  • Citizens Bank balances big bank capabilities with a nimble, community bank feel.
ANECDOTE

Hyper-Local NYC Strategy

  • Citizens treated each NYC borough uniquely, hiring locals to create tailored banking experiences.
  • This hyper-local approach helped build a strong brand in the competitive NYC market.
Get the Snipd Podcast app to discover more snips from this episode
Get the app