Choice Bank Named Finalist for Banking Tech Awards USA
We’re thrilled to announce that Choice Bank has been selected as a finalist in the 2025 Banking Tech Awards USA in the Best Community Bank Modernization category. This honor recognizes our groundbreaking Hybrid Banking Platform Initiative, a transformative effort that blends the trusted foundation of community banking with the agility and scale of fintech innovation. This award is given by FinTech Futures, one of the largest international online and print media houses serving the global banking and fintech industry.
“At Choice Bank, we believe that modernization isn’t just about adopting new technology—it’s about reimagining how we serve our customers and communities,” Shikhar Singh, Chief Technology Officer, said. “Our Hybrid Banking Platform is the result of bold thinking, deep collaboration, and a relentless focus on delivering value. Being named a finalist for the Banking Tech Awards USA is a proud moment for our team and a reflection of the innovation that’s possible when purpose meets technology.”
Introducing the Hybrid Banking Model
Our unique strength as a bank lies in our dual identity as both a community bank and a technology bank through our BaaS services. This combination not only sets us apart in the market but also contributes to a more resilient deposit base.
As a hybrid community bank, we believe having access to financial services is a human necessity. Since 2017, Choice Bank has provided Banking as a Service (BaaS) solutions, in which we directly integrate our digital banking services into the products of other non-bank businesses that serve underbanked populations. We build strong and scalable relationships through this direct integration model. This approach offers greater flexibility, allowing partners to customize and tailor their product and service offerings by working directly with Choice as both the bank and BaaS service provider.
By investing in Information Technology, Operations, and Risk Management, we laid the groundwork for a scalable, resilient, and customer-centric platform.
Building the Future with Purpose
At Choice Bank, our commitment to innovation is driven by a simple but powerful goal: to better serve our customers, wherever they are and however they choose to bank. Over the past few years, we’ve taken deliberate steps to modernize our operations and technology, ensuring we remain agile, resilient, and responsive in an ever-evolving financial landscape.
We’ve invested in building the right teams, refining our internal capabilities, and rethinking how we deliver services. By embracing a platform-first mindset, we’ve been able to adapt quickly to changing market dynamics and customer needs, ensuring that our solutions remain both relevant and reliable.
Our transformation has always centered on people—our customers and our employees. We’ve introduced new tools and digital capabilities that make banking more accessible and intuitive, while also streamlining internal processes to enhance efficiency and service quality.
A Recognition of Purpose and Progress
Through thoughtful integration of technology and operations, we’ve created a more unified experience that empowers customers to bank on their terms. Being named a finalist for the Banking Tech Awards USA is more than an accolade—it’s a testament to our team’s vision, resilience, and relentless pursuit of excellence. We’re honored to be recognized among the best and brightest in banking technology, and we remain steadfast in our mission to build a better, more inclusive financial future.
Choice Bank is dedicated to enhancing the quality of life and economic viability of families and businesses in the communities we serve. Learn more about how we live out our #PeopleFirst promise.