Mpls Fed: No more hypothetical dividend in acquisitions

Mpls Fed: No more hypothetical dividend in acquisitions

/ More News, Regional Meetings
The Federal Reserve Bank of Minneapolis will no longer permit small bank holding companies looking to make an acquisition to use the “hypothetical dividend” approach, some attorneys say ...
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Data analytics, baseball and competing like the bigs

Data analytics, baseball and competing like the bigs

/ Operations
The 2018 World Series starts tomorrow. What do Major League Baseball and the banking industry have in common? Data analytics ...
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Spate of robberies push banks toward controlled access

Spate of robberies push banks toward controlled access

/ Features
Increasingly, banks in areas affected by these crimes have started to lock their lobby doors during business hours; robbers have ...
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ChoiceOne opens new Grand Rapids office

ChoiceOne opens new Grand Rapids office

/ Chronicles
Michigan’s ChoiceOne Financial held a ribbon-cutting celebrating the opening of its newest office in Grand Rapids, Mich, this month. Its ...
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Chronicles

WBA launches statewide health plan

/ Chronicles, More News
Prompted by rising health insurance costs, the Wisconsin Bankers Association will launch one of the first statewide association health plans ...
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Bank of the Pacific closes two offices

/ Chronicles, More News
Aberdeen, Wash.-based Bank of the Pacific is closing one office each in Washington and Oregon, citing low foot traffic and ...
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Blackhawk buys Illinois bank

/ Chronicles, More News
Wisconsin's Blackhawk Bancorp will acquire First McHenry Corporation, parent company of First National Bank of McHenry, Ill., for $23 million ...
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People

Midland States announces CEO succession plan

/ More News, Promotions & New Hires
Jeffrey G. Ludwig replaces Leon J. Holschbach as CEO of Midland States Bancorp, Effingham, Ill. Holschbach remains vice chair ...
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Coastal Community names chief HR officer

/ More News, Promotions & New Hires
Erika Heer has joined Coastal Financial Corporation, Everett, Wash., as executive vice president and chief human resources officer ...
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Independence in Kentucky names new president

/ More News, Promotions & New Hires
Jacob Reid was promoted to president of Independence Bank, Owensboro, Ky., earlier this month. He is the third generation of ...
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Opinion

Banker shares social engagement strategies

/ Marketing
Technology has changed banking — retail bank visits are forecasted to drop by 36 percent by 2022 while mobile transactions ...
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Video banking machines, mobile video tech have arrived

/ More News, Technology
Between affordability, customer comfort and budget-watching, video technology's time in the sun has arrived for community banks. We present a ...
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Getting and keeping customers: How to pull without pushing

/ Marketing
As more and more banks take advantage of convergent technologies and cross marketing, including retail banking, investing, insurance, mortgage and ...
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Community Relations

Wisconsin bank donates building

/ More News, Philanthropy
McFarland State Bank will donate its downtown Stoughton, Wis., bank building and the adjacent parking lot to the City of ...
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First National awards grants

/ Financial Literacy
First National Bank recently awarded $956,000 in community development grants to 51 organizations in Colorado, Nebraska, Illinois, Kansas and South ...
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Old National subsidiary invests in historic restoration

/ Economic Development, More News
ONB Community Equity LLC, Evansville, Ind., is the lead investor in the newly-formed Monarch Federal Historic Preservation Fund ...
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