#3326: Cornerstone Advisors' Execs Highlight 2023 GonzoBanker Awards...

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One of my favorite interviews each year when Cornerstone Advisors’ Steve Williams and Terence Roche join us on the show to share some highlights from their highly witty and always spot on GonzoBanker Awards.

Before we discussed this year's stand-out honors, Steve and Terence provided a quick overview of the annual GonzoBanker awards and why these tongue-in-cheek accolades sum up each year so well.

​Additionally, they explained why they deemed regional and community banks, credit unions, and supporting fintech entrepreneurs being “troublemakers” -- in a good way, of course.

Then we got to our speed round of awards. Here some of the ones we discussed:

• GonzoBanker of the Year (Credit Union) – goes to Rob Stuart, CEO at OnPoint Community Credit Union
• The Comeback Investment of the Year Award – Bitcoin
• The Joe Namath “I Guarantee It” Award – goes to Elon Musk
• The Monty Python “We’re Not Dead Yet” Award – goes to Affirm and Buy Now Pay Later.
• The Off-to-the-Races Award – goes to the dozens of banks and credit unions that recently reached $10 billion (now CFPB is their new friend)
• The Lifelong Learning Award – goes to NCUA Board Member and former Chair Rodney Hood
• The Smarter Bank – Data Award – goes to Consumers Credit Union
• The Underhyped Tech of the Year — supervised machine learning
• Core Deal of the Year (Credit Union) – goes to Corelation/Mountain America
• The Doing PFM Right Award – goes to Ben Maxim, Chief Digital Officer at MSU FCU
• The Barbenheimer Award goes to Tyfone

Lastly, Steve and Terence shared lessons learned from 2023 and outlook on 2024 based on 2023's awards. Check it out and let us know your your thoughts. And be sure to watch the entire interview below for all the details.