As employees return to in-person work, banks seek new normal

As employees return to in-person work, banks seek new normal

/ Features
During shutdowns, some wondered if banks would be left with a surplus of space in their buildings if remote work became the new norm. As Covid-19 vaccines rolled out and bank employees trickled back to their offices, those worries have so far been unfulfilled. Still, with more employees working from ...
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‘Bank On’ catches on as way to reach the unbanked

‘Bank On’ catches on as way to reach the unbanked

/ Features
Banking the unbanked has long been an industry phraseology — and a goal of the FDIC. But despite attempts by ...
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When the future doesn't live up to its hype

When the future doesn’t live up to its hype

/ Technology
Data scientists have concluded at least half of all fintech articles contain the sentence: “Community banks are not known for ...
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Delayed gratification and the future of interest rates

Delayed gratification and the future of interest rates

/ The Economy
We are taught in business school that interest rates are the expression of the time value of money. Time value ...
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Chronicles

Fed won’t undertake digital currency without executive, Congressional support 

/ Chronicles
The discussion comes as 87 countries — representing more than 90 percent of global GDP — explore a central bank ...
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Bank CEOs: Despite inflation, Midwest economy strong

/ Chronicles
Banking CEOs say the Midwestern economy remains strong but still faces challenges, according to Creighton University’s monthly Rural Mainstreet Index ...
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Laurent becomes first female Louisiana Bankers Association CEO

/ Chronicles
The Louisiana Bankers Association board of directors elected Ginger Laurent as CEO starting Jan. 1.  Laurent is the first woman ...
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Report: Banks must adopt to crypto, other tech trends to survive

/ Chronicles
“Make no mistake, cryptocurrency is here to stay,” Wipfli stated. “The questions banks should be addressing aren’t whether to embrace ...
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Two Wisconsin banks combining to create $3.6 billion bank

/ Chronicles
Manitowoc, Wis.-based Bank First has entered into an agreement to acquire fellow Wisconsin institution Denmark State Bank in an approximately ...
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Epstein appointed DFI deputy secretary

/ Chronicles
Wisconsin Department of Financial Institutions Secretary-designee Cheryll Olson-Collins has appointed Patti Epstein to succeed her as the DFI deputy secretary.  ...
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People

Security Financial promotes Johnson to market president

/ Promotions & New Hires
"Duane is an exceptional banker and a thoughtful leader," said CEO Paul Rudersdorf. "He will be an asset as he ...
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Rajek named chief credit officer at Peoples State Bank

/ Promotions & New Hires
Peoples State Bank has hired Erik Rajek as its chief credit officer. Rajek has nearly two decades of experience in ...
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Champagne named Independent Bank senior VP

/ Promotions & New Hires
Champagne has nearly 15 years of financial services experience, the last nine of which in human resources.  ...
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Opinion

Automation can reduce disparities in loan approvals

/ Technology
The Paycheck Protection Program included guidance from the SBA to prioritize loans to businesses owned by socially and economically disadvantaged ...
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Community bankers recount recent deals

/ M&A
Buying and selling activity in banking was chugging along through February of 2020. The number of sellers was manageable, said ...
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Community banks can succeed using data analytics

/ Technology
A company called Aunalytics has a pitch specifically designed for community banks: You can analyze your bank data with the ...
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Community Relations

Grant funding sparks TS Bank renovation project 

/ Community Relations
"Macedonia is very proud of the progress being made on our downtown district," said Susan Goos, Macedonia City Council member ...
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Illinois bank donates nearly $26,200 to charities

/ Community Relations
Employees of the bank’s 18 branches selected the charities ...
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North Shore Bank sponsors 11 Black entrepreneurs

/ Community Relations
“We are so excited to support these deserving entrepreneurs as they continue through their journey of building and growing their ...
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