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FSI celebrates 40 years

Financial Supermarkets, Inc. (FSI) proudly marks its 40th anniversary as an innovative force shaping the banking industry with visionary banking solutions. Established against a backdrop of economic challenges, FSI emerged as a visionary solution. The purpose is to transform the banking experience for both clients and financial institutions.

In 1984, amid economic turmoil and 279 impending bank failures totaling $54 billion in assets, Alton Wingate, CEO of Community Bank & Trust, aimed to revolutionize the way banking was conducted. His vision materialized in the form of Financial Supermarkets, Inc. (FSI).

J. Alton Wingate pointing to bank branch sign
J. Alton Wingate, Founder of Financial Supermarkets, Inc.

Enhanced Banking Solutions

The Supermarket Bank® branch model pioneered by FSI was a groundbreaking concept. The model brought banking services directly to customers where they frequented. This innovative approach, which began in 1984, aimed to provide convenience and exposure to a broader audience.

Consequently, FSI’s approach to retail banking was quickly catapulted to the forefront of the banking industry, not to mention where it continues to thrive today as an innovative leader in creating purposeful and aesthetically pleasing branch environments, while seamlessly integrating modern technology and digital enhancements.

Over the past four decades, FSI has partnered with some of the nation’s leading retailers, including Albertsons, Kroger, H-E-B, Meijer, Safeway, and Walmart. These partnerships have not only expanded FSI’s reach, but have also provided valuable collaborations in the business of branch expansion.

Moving Forward

Additionally, FSI has introduced in-line or storefront branching, along with branch remodels and transformations to expand its offering of banking solutions, solidifying its position as the hallmark of branch expansion and transformation in the U.S. financial industry.

“Today, we celebrate 40 years of vision, innovation, design, and implementation, built on the backs of some of the finest financial minds in the industry,” said Roy Bell, FSI’s current President and CEO. “FSI remains committed to being the innovation leader for today’s banking partners, meeting customers and members where they frequent, while helping financial institutions grow in a smart and cost-effective manner.”

Contact us to learn how FSI’s banking solutions can benefit your financial institution.


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