article thumbnail

Why Banks Merge: Listen to the Sellers

Jeff For Banks

"Our combined financial institution will offer a wider array of products and services while continuing our long-standing personal commitment to our customers and community." - Gregory Schreacke, President of First Financial Service Corporation in Elizabethtown, KY on his bank''s sale to Community Bank Shares of Indiana, Inc. Our combination.

article thumbnail

Autopsy Report: 9 Startup Failure Stories And What We Can Learn From Them

CB Insights

Soon after, the firm attempted to make up ground by selling merchandise featuring its popular sock puppet mascot and relocating a call center from San Francisco to Indiana. Controversial social influence measurement company Klout came of age just as Facebook and Twitter were making the leap from fast-rising startups to global institutions.

Report 78