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Kurt Knutson was a banker for forty years. He started a de novo bank, built, and successfully sold it. He understands the challenges that bank CEOs and board members face when considering the sale of the bank. Concerns about confidentiality and the fear of making costly mistakes or missing out on opportunities can be overwhelming, but it doesn’t have to be that way. Kurt is now dedicated to developing educational resources and providing tools to help bank CEOs and board members gain clarity on the process of selling the bank in order to achieve the best results. His first offering is his recently published book, "The Art of Selling Your Bank: A Bank CEOs Step-By-Step Guide". Selling your bank can make you feel like you are standing naked in public. You must always have your bank in the best shape possible, in other words, “swimsuit-ready”. When you understand how the process works, you will know if you are ready or what you need to do to get ready. This will reduce the “noise” of the process, calming your mind and allowing you to move forward freely and confidently for the best results. You will be able to find answers to questions like: ● What is our bank’s value, and what are the drivers of our value? ● Who is interested in buying us, and what is the best method? ● When is the best opportunity to pursue a sale? The process of gathering this information is high-risk due to the fear of word leaking out, losing customers, and damaging value. Asking advisors for advice may feel like asking a barber if you need a haircut. His hope is that this book will help bank CEOs gain the confidence and peace of mind so they can use their skills when it matters most.
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