Schaefer feature photo 12/23

Together, we can accomplish great things

/ Features
First Bank & Trust Chief Risk Officer Kristina M. Schaefer's recent participation in a 200-mile relay highlighted important personal and professional lessons ...
Outstanding Women 2023: Janice Spooner

Outstanding Women 2023: Janice Spooner

/ Features
Janice Spooner is a “firm believer in creating exceptional experiences,” she says, and the nomination she received for BankNews’ Outstanding ...
How effective will you be as a banker of the future?

How effective will you be as a banker of the future?

/ Opinion
Banks and their relationship managers will need to leverage technology, improve effectiveness and uncover new ways to attract, differentiate and ...
Community bank income fell in Q3

Community bank income fell in Q3

/ Chronicles
Net income at FDIC-insured community banks fell nearly 5 percent to $6.7 billion during the third quarter, according to the ...

Chronicles

Economic activity slows as outlook weakens

/ Chronicles
The U.S. economy slowed in recent weeks, according to the Federal Reserve’s Beige Book ...

LCNB Corp. to continue Cincinnati expansion by acquiring local bank

/ Chronicles
Lebanon, Ohio-based LCNB Corp. is continuing to expand in the Cincinnati region by acquiring Eagle Financial Bancorp in a $23.1 ...

Record number had unsecured 2Q personal loans

/ Chronicles
A record 22.7 million Americans had outstanding unsecured personal loans at the end of the second quarter of this year, ...

Waller sees progress in inflation fight

/ Chronicles
Federal Reserve Gov. Christopher Waller said significant progress has been made to bring inflation down to its 2 percent long-term ...

Researchers: Retail CBDC could unequally burden small banks

/ Chronicles
Federal Reserve researchers say a retail central bank digital currency could disproportionately harm community bank lending.  ...

FDIC launches committee to oversee workplace culture review

/ Chronicles
The FDIC launched a special committee to oversee an independent third-party review of the agency’s workplace culture following a series ...

People

First Interstate BancSystem names chief information officer

/ Promotions & New Hires
Billings, Mont.-based First Interstate BancSystem appointed Lori Meyer as chief information officer.  ...

CSBS appoints seasoned lawyer to top position

/ Promotions & New Hires
The Conference of State Bank Supervisors’ Board of Directors appointed Brandon Milhorn as president and CEO ...

Montana’s First Security Bank names new president, CEO

/ Promotions & New Hires
First Security Bank appointed Kalli Ryti as president and CEO.  ...

Opinion

Community banks bet big on emerging tech as crypto fades

/ Technology
A newly released survey of community bankers shows a few interesting trends developing in fintech. For one, a good number ...

Commentary: Industry’s silence over FDIC scandal is troubling

/ Opinion
Bankers and their advocates must publicly rebuke the FDIC following allegations that the agency's leadership enabled a toxic work environment, ...

FedNow in a tentative payments climate

/ Payments
Most people want an opportunity to change their mind, to take it back. Sometimes “real time” is simply too sudden, ...

Community Relations

Wisconsin Bankers Foundation donates $5K to local school

/ Community Relations
The Wisconsin Bankers Foundation donated $5,000 to Milwaukee-based St. Marcus School ...

First Bank of Berne donates nearly $18K to local nonprofits

/ Community Relations
Indiana-based First Bank of Berne recently announced donations to eight local nonprofits ...

One Community Bank donates $100K for school project

/ Community Relations
Oregon, Wis.-based One Community Bank donated $100,000 to Middleton Cross Plains Area (Wis.) School District Education Foundation for the school’s ...