Expanding Beyond Borders: Insights from Kate Root of Chesapeake Bank on Merchant Payment Solutions | Kate Root - Senior Vice President & Managing Director, Chesapeake Payment Systems 00:10:00
Kate Root serves as the Senior Vice President and Managing Director of Chesapeake Payment Systems, a division of Chesapeake Bank. With a focus on innovative merchant card payment services, Root has been instrumental in diversifying the bank's income streams. Under her leadership, Chesapeake Payment Systems has grown to become the only community bank in Virginia's fifth district to offer direct, full-service merchant payment processing and partner sponsorships. Her strategic vision allows the bank to extend its reach beyond its local footprint, competing in a dynamic marketplace while maintaining the bank's commitment to personalized community banking.