Prepaid cards: Are you missing out on a growing market?

Prepaid cards: Are you missing out on a growing market?

/ Opinion
Over the last 40 years, prepaid cards were launched to meet rising payment needs of various customer segments and industry processes. Starting in the late 1980s, USTelecom adopted the single purpose (closed-loop) prepaid phone card.  ...
Read More
Holding onto tradition

Holding onto tradition

/ Opinion
Data on the FDIC website shows that 2,469 insured institutions were chartered in 1922 or earlier. These centenarians and other ...
Read More
When money can’t be touched, how can we teach what it means to hold it?

When money can’t be touched, how can we teach what it means to hold it?

/ Features
Not long after I had my first child, I got her a piggy bank. I knew it would be important ...
Read More
Should your bank provide cryptocurrency services?

Should your bank provide cryptocurrency services?

/ Features
Cryptocurrency is a new and developing area, requiring diligent consideration and ongoing monitoring of all the legal and regulatory factors ...
Read More

Chronicles

ABA: Credit card conditions strong as economy grows

/ Chronicles
Credit card conditions were strong in the first quarter of this year, according to the ABA’s most recent Credit Card ...
Read More

Fed: Banks must provide notification, ensure legality before banking crypto

/ Chronicles
Federal Reserve board-supervised banks considering crypto-related activities should have “adequate systems and controls in place," according to a recent supervisory ...
Read More

Industrial production increased in July

/ Chronicles
Industrial production increased by 0.6 percent last month, according to the Federal Reserve ...
Read More

Larger loan volumes boosted 2Q farm lending

/ Chronicles
Loan activity was strong in the second quarter as low interest rates and high input costs sparked demand, according to ...
Read More

Survey: Community bank CEOs prioritizing loan growth

/ Chronicles
More than two-thirds of CEOs at mid-size financial institutions are prioritizing loan growth, according to Jack Henry’s annual Strategic Priorities ...
Read More

Missouri’s BTC Bank acquiring Merchants and Farmers Bank

/ Chronicles
Bethany, Mo.-based BTC Bank is purchasing Merchants and Farmers Bank, adding four offices in Missouri ...
Read More

People

Stearns names longtime educator as board member

/ Directorships
St. Cloud, Minn.-based Stearns Financial Services, Inc., added Margrette Newhouse to its board of directors. She’s taught business, leadership and ...
Read More

HBT Financial to undertake CFO succession plan

/ Retirements
Executive Vice President Matthew Doherty will step down from the CFO role he holds at  Bloomington, Ill.-based HBT Financial, Inc., ...
Read More

Centier Bank names 2 new vice presidents

/ Promotions & New Hires
Merrillville, Ind.-based Centier Bank promoted Chuck Dayton to vice president, mortgage loan officer and hired Andy Steffel as vice president, ...
Read More

Opinion

Considering ‘brand’ as a recruitment and retention tool

/ Marketing
Bankers often think of the word “brand” in terms of customer acquisition, but when competition for talent is fierce, should ...
Read More

Climate risk ahead? How your bank can prepare

/ Regulation
Climate risk, or the risk that climate-related changes pose to financial institutions, is demanding more and more attention from researchers, ...
Read More

High commodity prices can create sticky situations

/ Agriculture
This spring the Ag Press has been filled with breathless articles about the future direction of commodity prices. “Wheat Hits ...
Read More

Community Relations

Alerus donates $1 million for new hospital

/ Community Relations
Grand Forks, N.D.-based Alerus donated $1 million to Altru Health Foundation to support a new Altru Health System hospital. The ...
Read More

JCBank employees build Habitat for Humanity home for local family

/ Community Relations
Bloomington, Ind.-based JCBank employees recently helped build a Habitat for Humanity home for a family in Bloomington.  Habitat for Humanity ...
Read More

State Nebraska Bank & Trust donates $25,000 to legacy fund

/ Community Relations
State Nebraska Bank & Trust donated $25,000 to the Wayne Area Legacy Fund to kick off its capital campaign.  An ...
Read More