Porter & Co. Black Label Podcast

Frank Trotter - Banking For The People

Oct 6, 2025
Frank Trotter, founder of Battle Bank and former EverBank leader, dives into his innovative banking philosophy that prioritizes character over credit. He shares the journey behind Battle Bank, emphasizing easy transitions between cash, metals, and currencies for better yields. Additionally, Frank discusses the community-owned banking model and successful returns for early investors. Meanwhile, his son Traveler presents his AI-integrated homework app, exploring its unique features and market strategy focused on student privacy and engagement.
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ANECDOTE

Loan Based On Character

  • Porter told a story about borrowing $1 million from Frank in 2013 when he couldn't open a bank account due to being on a government list.
  • Frank approved the loan based on character, and Porter repaid it on time and wrote a thank-you note.
INSIGHT

Community Bank, National Reach

  • Frank and Rick Rule are relaunching a national community bank called Battle Bank using a small Minnesota bank as a platform.
  • The bank will focus on high-yield cash, precious metals, currencies, and retirement accounts for customers nationwide.
ADVICE

Join The Wait List Now

  • Join Battle Bank's wait list and consider investing if you want early client access and potential shareholder alignment.
  • Their offering targets client-shareholders and they raised nearly $100 million from individual investors and management.
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