Understanding deposit pricing stats

Understanding deposit pricing stats

/ Operations
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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Yellen: Feds willing to protect uninsured small bank depositors

Yellen: Feds willing to protect uninsured small bank depositors

/ Chronicles
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

Congressman: Leadership failures caused bank collapse

/ Chronicles
The recent collapses of Silicon Valley Bank and Signature Bank were caused by internal leadership failures, not a 2018 law ...
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A new era in deposit insurance?

A new era in deposit insurance?

/ Opinion
Has deposit insurance changed forever? Regulators boldly protected all depositors at Silicon Valley Bank and Signature Bank when they failed ...
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Chronicles

Congressional scrutiny grows over SVB, Signature collapses

/ Chronicles
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

/ Chronicles
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

/ Chronicles
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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Small business optimism grows slightly

/ Chronicles
Small business optimism is growing but continues to be stunted by inflation and lingering concerns that a recession is imminent ...
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Small businesses more profitable, cautious in 2022

/ Chronicles
More small businesses were profitable last year than in 2021, according to the Federal Reserve’s annual Credit Survey ...
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Compeer helps expand development initiative

/ Chronicles
Compeer Financial partnered with Southern Minnesota Initiative Foundation to expand its Rural Entrepreneurial Venture program ...
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People

One Community Bank welcomes Advisory Board member

/ Directorships
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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Associated Bank hires SVP, senior credit officer

/ Promotions & New Hires
Green Bay, Wis.-based Associated Bank hired Peter Malmstrom as senior vice president and regional senior credit officer. Malmstrom, who is ...
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Port Washington State Bank hires VP, bank secrecy officer

/ Promotions & New Hires
Wisconsin-based Port Washington State Bank named Joe Loebl vice president and bank secrecy officer.  Loebl has 17 years of experience ...
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Opinion

Making sense of saving habits

/ Opinion
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

/ Opinion
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?

/ Payments
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

Centier Bank donates $2,500 to local nonprofit

/ Community Relations
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

/ Community Relations
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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Centier Bank donates $5,000 for community event

/ Community Relations
Merrillville, Ind.-based Centier Bank donated $5,000 to Crown Point Community Foundation for its Volunteer Fair and Blood Drive. The event, ...
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