Market Overview

Kennebec Savings Bank Chooses Gro Solutions to Power Fast Digital Deposits and Seamless Mobile Access for Customers

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Gro
Solutions
, a leading provider of digital growth solutions for banks
and credit unions, announced Augusta, Maine-based Kennebec
Savings Bank
($1 billion in assets) has chosen Gro's Digital Sales
Platform to help power its digital deposit account onboarding and
provide a fast, seamless mobile experience for its customers.

Kennebec Savings Bank identified Gro as the partner best suited to
provide its customers with a quick and easy online experience, allowing
them to open deposit accounts in less than five minutes. Additionally,
the bank plans to leverage Gro's Digital Sales Platform to help meet the
needs of its growing number of mobile-first customers, reducing the
friction of the application process, and providing them a better overall
user experience, regardless of how they engage.

"Meeting and exceeding customer expectations is something we hold in
high regard and anything we can do to help enhance and streamline their
experience is important," said Craig Garofalo, COO for Kennebec Savings
Bank. "Gro allows us to not only give our customers the digital and
mobile banking features they need, but provide them a better, faster
customer experience, as well."

Kennebec Savings Bank is planning to launch the new Gro services later
this year.

"More and more of today's bank customers are demanding fast, simple
online account processes that match their mobile-first priorities and
digital lifestyles," said David Eads, CEO of Gro Solutions. "We are
excited for the opportunity to help Kennebec Savings Bank meet those
demands and deliver a delightful digital banking experience to their
customers."

About Kennebec Savings Bank

Kennebec Savings Bank is a $1 billion state-chartered community bank,
part of a mutual organization with a team of 140 employees and locations
throughout central Maine. KSB is committed to excellence in service,
teamwork, and community, and the continued success of its customers,
employees, and the communities it serves. Member FDIC, Equal Housing
Lender.

About Gro Solutions

Founded in 2015, Gro Solutions provides a digital sales platform to
drive acquisition growth for banks and credit unions, across all
channels of their business. The Gro Digital Sales Platform features
innovative and intuitive software solutions designed to optimize both
the financial institution and end user experience for digital sales
tasks, such as account opening and loan origination. For more
information, visit www.grobanking.com,
or follow us on Twitter, @GroBanking.

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