Strategic planning and M&A in 2021
Banks can plan to mitigate margin compression by aggressively lowering cost of funds, look for growth opportunities in what is expected to be an accelerating M&A environment, and consider other opportunities to build shareholder value as they meet the changing needs of their local communities ...
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‘Banker of the Year’ takes seriously his role as mentor
These are bankers who have grown their organizations, organically or through acquisition or both; individuals who’ve resolutely climbed through the ...
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The year ahead: Privacy and cybersecurity issues
The financial services industry faced unprecedented cybersecurity and privacy challenges in 2020. From learning how to operate with a remote ...
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Security, productivity inform the evolution of communications platform
Remote meeting technology can be dressed up, or clothed as business casual. David Gurlé is founder and CEO of Symphony ...
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Chronicles
Wintrust selling three branches
Chicago-based Wintrust Financial is selling three branches in southwestern Wisconsin to The Greenwood’s State Bank, Lake Mills, Wis ...
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Landmark hits record earnings on strong housing market
Landmark Bank, Manhattan, Kan., broke its previous quarterly earnings record in the third quarter by earning $5.4 million compared to ...
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Glacier’s steadiness pays off
Glacier Bancorp, Kalispell, Mont., ended the third quarter with income of $77.8 million, up from $51.6 million during the same ...
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BNC closing branch, selling loans
Wisconsin’s Coulee Bank is acquiring the loans and deposits of the Golden Valley, Minn., branch of BNCCORP, Bismarck, N.D ...
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Zahn named IBA chair
Michael Zahn has been named 2021 chair of the Indiana Bankers Association. Elected at the organization’s virtual annual meeting in ...
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Michigan mergers spike income
ChoiceOne, Sparta, Mich., posted income of $3.8 million in the third quarter compared to $1 million in the same period ...
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People
Greg Post named CEO of Northwest Financial
Greg Post adds the CEO title in addition to president at Arnolds Park, Iowa-based Northwest Fianancial Corp ...
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Country Club Bank names chief commercial banking officer
Brian Hoban was named chief commercial banking officer, a newly created position at Country Club Bank, Kansas City, Mo ...
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Cross Financial names new president
Kyle Hershberger is taking over as president at Cross Financial in Lincoln. He replaces his father Tom Hershberger ...
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Opinion
What the TCF/Huntington merger means for M&A
With Huntington Bancshares’ acquisition of Michigan’s TCF Financial, the M&A market put an exclamation mark on 2020 ...
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Foster trust in order to delegate successfully
When you're on vacation, are your coworkers or direct reports frequently contacting you for solutions to normal work issues? The ...
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Weather, mental health complicate agriculture
With pressure already exerted by years of low commodity prices, trade uncertainties and pandemic complications, farmers and ranchers in the ...
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Community Relations
American Bank of the North donates $5,000 to Hibbing Dylan Project
On the brink of Bob Dylan’s 80th birthday, American Bank of the North is supporting efforts to pay tribute to ...
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Kansas City Fed tops 5,000 laptop donations
The bank announced its Employer Laptop Challenge helped distribute over 5,000 laptop donations to nonprofits, schools and refurbishers since April ...
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FHLB Des Moines awards $41.3 Million in grants
The Federal Home Loan Bank of Des Moines has given approximately $41.3 million to 63 affordable housing projects across its ...
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