Heartland Financial USA to buy AIM Bancshares

Heartland Financial USA to buy AIM Bancshares

/ Chronicles
Dubuque, Iowa-based Heartland Financial USA, Inc.,  is acquiring AIM Bancshares, Inc., and its subsidiary AimBank, both of Lavelland, Texas, for $280.4 million ...
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'Blind Eye' litigation and what it means for banks

‘Blind Eye’ litigation and what it means for banks

/ Operations
One of the newest trends in banking litigation is the proliferation of “blind eye” fraud claims. The law underlying these ...
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Banking core startup seeks to be an alternative

Banking core startup seeks to be an alternative

/ Technology
Neocova is a St. Louis-based fintech startup that has dropped in to the core provider market for community banks. BankBeat ...
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Personal touch still a plus

Personal touch still a plus

/ Operations
One of the important roles that community banks play in the American economy is providing credit to small businesses. What ...
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Chronicles

Michigan bank plans for the future

/ Chronicles
Mercantile Bank of Michigan, Grand Rapids, has its eyes on long term profitability, which has not diminished short term gains.  ...
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Chicago bank jumps into Milwaukee

/ Chronicles
After two acquisitions, First Midwest Bank, Chicago, closed the third quarter having generated a company record net income of $54.5 ...
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Minnesota CU, bank ink deal

/ Chronicles
Wings Financial Credit Union has agreed to buy Neighborhood National Bank, Mora, Minn ...
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Ohio bank completes merger, enters Michigan market

/ Chronicles
Waterford Bancorp, Inc., Toledo, Ohio, acquired Clarkston Financial Corporation, Clarkston, Mich., holding company for Clarkston State Bank ...
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Former Wells Fargo CEO banned from banking

/ Chronicles
Former Wells Fargo CEO John Stumpf can no longer work in the banking industry and must pay a $17.5 million ...
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Bremer shareholders sue trustees, state AG gets involved

/ Chronicles
St. Paul, Minn.-based Bremer Bank’s 16 employee-shareholders filed a complaint against the three trustees of the Otto Bremer Trust, who, ...
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People

Great Western announces new CEO

/ Promotions & New Hires
Mark Borrecco has been named the new president and CEO of Great Western Bancorp, Sioux Falls, S.D. He replaces Ken ...
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Minnesota bank announces new CEO, board member

/ Promotions & New Hires
Citizens Bank & Trust Co., Hutchinson, Minn., promoted Timothy Ulrich to CEO. Ulrich is on the $216 million bank’s board ...
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Wintrust tweaks executive titles

/ Promotions & New Hires
Illinois-based Wintrust Financial has rearranged its executive structure, announcing a number of promotions effective Feb. 2 ...
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Opinion

Recent wet weather puts a damper on ag

/ Agriculture
“Weather has been one of the big issues [in 2019] that has impacted agriculture. It started in the spring and ...
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Population trend demands creativity

/ Operations
Did you hear about the rural resident who came up with a creative way to deposit cash into his bank ...
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Tech company brings something unique: Longevity

/ Technology
Computer Service Professionals, Inc., Jefferson City, Mo.,  has been serving up tech solutions to community banks since 1988. We talked ...
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Community Relations

Iowa bank to host economic development forum

/ Community Relations
TS Bank, Treynor, Iowa, will host the first southwest Iowa community and economic development forum in late February, partnering with ...
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Bank aids community recovery from summer floods

/ Community Relations
First National Bank of Omaha, Neb., is partnering with its community in 2020 to award grants totalling more than $825,000 ...
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Bank brings in a quarter-million pounds of food in 10 days

/ Community Relations
Merchants Bank, Winona, Minn., garnered almost a quarter-million pounds of food in its 10-day-long fundraising event for the holidays ...
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