Prepaid cards: Are you missing out on a growing market?
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
Read More
Holding onto tradition
Data on the FDIC website shows that 2,469 insured institutions were chartered in 1922 or earlier. These centenarians and other ...
Read More
Read More
When money can’t be touched, how can we teach what it means to hold it?
Not long after I had my first child, I got her a piggy bank. I knew it would be important ...
Read More
Read More
Should your bank provide cryptocurrency services?
Cryptocurrency is a new and developing area, requiring diligent consideration and ongoing monitoring of all the legal and regulatory factors ...
Read More
Read More
Chronicles
ABA: Credit card conditions strong as economy grows
Credit card conditions were strong in the first quarter of this year, according to the ABA’s most recent Credit Card ...
Read More
Read More
Fed: Banks must provide notification, ensure legality before banking crypto
Federal Reserve board-supervised banks considering crypto-related activities should have “adequate systems and controls in place," according to a recent supervisory ...
Read More
Read More
Industrial production increased in July
Industrial production increased by 0.6 percent last month, according to the Federal Reserve ...
Read More
Read More
Larger loan volumes boosted 2Q farm lending
Loan activity was strong in the second quarter as low interest rates and high input costs sparked demand, according to ...
Read More
Read More
Survey: Community bank CEOs prioritizing loan growth
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
Read More
Missouri’s BTC Bank acquiring Merchants and Farmers Bank
Bethany, Mo.-based BTC Bank is purchasing Merchants and Farmers Bank, adding four offices in Missouri ...
Read More
Read More
People
Stearns names longtime educator as board member
St. Cloud, Minn.-based Stearns Financial Services, Inc., added Margrette Newhouse to its board of directors. She’s taught business, leadership and ...
Read More
Read More
HBT Financial to undertake CFO succession plan
Executive Vice President Matthew Doherty will step down from the CFO role he holds at Bloomington, Ill.-based HBT Financial, Inc., ...
Read More
Read More
Centier Bank names 2 new vice presidents
Merrillville, Ind.-based Centier Bank promoted Chuck Dayton to vice president, mortgage loan officer and hired Andy Steffel as vice president, ...
Read More
Read More
Opinion
Considering ‘brand’ as a recruitment and retention tool
Bankers often think of the word “brand” in terms of customer acquisition, but when competition for talent is fierce, should ...
Read More
Read More
Climate risk ahead? How your bank can prepare
Climate risk, or the risk that climate-related changes pose to financial institutions, is demanding more and more attention from researchers, ...
Read More
Read More
High commodity prices can create sticky situations
This spring the Ag Press has been filled with breathless articles about the future direction of commodity prices. “Wheat Hits ...
Read More
Read More
Community Relations
Alerus donates $1 million for new hospital
Grand Forks, N.D.-based Alerus donated $1 million to Altru Health Foundation to support a new Altru Health System hospital. The ...
Read More
Read More
JCBank employees build Habitat for Humanity home for local family
Bloomington, Ind.-based JCBank employees recently helped build a Habitat for Humanity home for a family in Bloomington. Habitat for Humanity ...
Read More
Read More
State Nebraska Bank & Trust donates $25,000 to legacy fund
State Nebraska Bank & Trust donated $25,000 to the Wayne Area Legacy Fund to kick off its capital campaign. An ...
Read More
Read More