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 being on the cutting edge of technology.” I’ve written it many times, and it hurts a little when I do. It happens to be true, but I’m wrong to be ...
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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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What help can your bank provide to financial caregivers?

What help can your bank provide to financial caregivers?

/ Operations
I have a close friend whose parents both have late stage cancer. In short order, questions about caregivers and safe ...
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Take your M&A communications strategy to the next level

Take your M&A communications strategy to the next level

/ Marketing
The pandemic turned what was a slow shuffle toward the edge of the technology cliff, into a hard shove right ...
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Chronicles

Covid-19, inflation again sink consumer sentiment

/ Chronicles
Covid-19 variants and high inflation dropped consumer sentiment near its lowest mark in a decade, according to January’s University of ...
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ABA committee predicts high inflation into 2023

/ Chronicles
The American Bankers Association Economic Advisory Committee predicts inflation will move closer to historical norms as supply chain challenges ease ...
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Illinois community banks to merge

/ Chronicles
Midwest Community Bancshares is buying fellow Southern Illinois community bank holding company Carbondale Investment Corp ...
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Regional banks launch stablecoin consortium

/ Chronicles
A group of regional banks has launched a consortium to spur the development of the bank-minted stablecoin USDF ...
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Ag lending limited by smaller loans

/ Chronicles
An influx of smaller loans limited total ag lending dollars at the end of 2021, according to Kansas City Fed ...
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Economic growth remains modest

/ Chronicles
The U.S. expanded “at a modest pace” during the final stages of last year as ongoing supply chain disruptions and ...
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People

Iowa Trust and Savings promotes Scott

/ Promotions & New Hires
Iowa Trust and Savings Bank has promoted Xaviera Scott to assistant vice president of lending. Scott began her banking career ...
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Park Bank promotes 2 to executive VP

/ Promotions & New Hires
Madison, Wis.-based Park Bank promoted Ken Lammersfeld to executive vice president, chief operations officer; and Josh Marron to executive VP, ...
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Indiana Bankers Association promotes 4 to leadership roles

/ Promotions & New Hires
The Indiana Bankers Association recently promoted four team members, including  Rod Lasley to chief operating officer; Josh Myers to vice ...
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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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