Understanding deposit pricing stats
In times of volatility, it is critical to know how to interpret aggregated cost of funds data and correctly understand the pricing marketplace today. You may be familiar with Mark Twain’s opinion of statistics — “There are three kinds of lies: Lies, damned lies and statistics.” ...
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U.S. ag lending hit $103 billion in 2022
America’s ag banks increased agricultural lending by 8.1 percent last year to $103.1 billion, according to the ABA’s annual Farm ...
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Yellen: Feds willing to protect uninsured small bank depositors
Treasury Secretary Janet Yellen said the government is willing to expand FDIC insurance to regional and community banks in distress ...
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Congressman: Leadership failures caused bank collapse
The recent collapses of Silicon Valley Bank and Signature Bank were caused by internal leadership failures, not a 2018 law ...
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Chronicles
Appeals court rules CFPB funding structure constitutional
Competing views on the constitutionality of the CFPB's funding will come to a head before the Supreme Court later this ...
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Industrial production unchanged in February
Industrial production was unchanged last month, according to February’s Federal Reserve Industrial Production and Capacity Utilization report. ...
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Consumer sentiment fell in March
Consumer sentiment fell this month as the FOMC continues to raise interest rates, according to the University of Michigan Surveys ...
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Congressional scrutiny grows over SVB, Signature collapses
Congress has scrutinized the work of financial regulators for their work in supervising Silicon Valley Bank and Signature Bank. In ...
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Illinois bank acquiring Wisconsin bank
Central Illinois-based First Mid Bancshares, Inc., is acquiring Beloit, Wis.-based Blackhawk Bancorp, Inc., in a $90 million, all-stock deal. ...
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Midwest economy slows as labor shortages take toll
The Midwestern economy slowed in March after hovering around growth-neutral for the last three months, according to Creighton University’s Rural ...
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People
National Exchange Bank & Trust promotes eight employees
Fond du Lac, Wis.-based National Exchange Bank & Trust recently promoted eight employees, including: Mitchell Frydrych to chief technology officer ...
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Iowa State Bank hires vice president, private banker
Des Moines-based Iowa State Bank recently hired a vice president and a private banker. Darlene Ackley-Raymond, FLA, joined Iowa State ...
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One Community Bank welcomes Advisory Board member
Oregon, Wis.-based One Community Bank welcomed Valerie Renk to its Advisory Board. Renk is CEO of Habitat for Humanity Dane ...
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Opinion
Making sense of saving habits
Whether it’s at grocery stores or gas pumps, people across the country are feeling the effects of inflation and many ...
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Inflation’s disparate impact
I am convinced community banks feel the impact of inflation more than big banks. Inflation means upward pressure on interest ...
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Is your remote deposit capture up to snuff?
We’re asked to upload images with our phones all the time. Insurance cards, driver’s licenses, checks. And we’ve all experienced ...
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Community Relations
One Community Bank offering $3K in scholarships through program
Oregon, Wis.-based One Community Bank is offering $3,000 in scholarships through its 2023 Scholarship Program. The program grants $1,000 scholarships ...
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Centier Bank donates $2,500 to local nonprofit
Merrillville, Ind.-based Centier Bank donated $2,500 to the Fay Biccard Glick Neighborhood Center. The Indianapolis-based facility provides assistance by offering ...
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Northwest Bank donates $50,000 to local school district
Iowa-based Northwest Bank donated $50,000 to Humboldt Community School District for a new multi-purpose athletic training facility. The addition, expected ...
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