Chip Mahan

Chip Mahan, CEO and chairman of Live Oak Bankshares, discusses investing in technology for banking innovation and cutting through red tape. He shares his personal journey, from a tragic event to building Live Oak Bank, and scaling client service mentality. The role of faith in financial services, teaching, and scalability are also explored.

Chip Mahan, CEO of Live Oak Banking Company, shares insights into building relationships with employees and customers at Live Oak Banking Company, the leading small business lender in the country. They discuss the unique history of lending to veterinarians and originating some of the largest veterinary loans in the United States. They also discuss the benefits of independent ownership in the veterinary industry and the impact of changing banking environments on small and regional banks.

Chip Mahan, CEO of Live Oak Bank, shares insights about the evolving banking landscape in the wake of the Silicon Valley Bank collapse. He discusses the critical communication breakdown between regulators and SVB, and how Live Oak is carving out a niche for small businesses. Mahan highlights potential margin challenges facing traditional banks and the importance of innovative technology and personalization in customer service. Despite recent market fears, he remains optimistic about small banks capturing market share through exceptional service.