BankBeat.biz

Iowa fintech firm helps to the seal the deal

August 23, 2019 / Technology

LenderClose, a fintech startup based in Des Moines, Iowa, is developing new ways for banks to close deals, particularly in the mortgage market. BankBeat talked to its CEO Omar Jordan about the young company’s take on crossing the finish line ...
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How do your people rank on CX?

August 23, 2019 / Operations

There is a distinction being made now between customer service and customer experience, or CX. The former involves interactions with ...
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Nebraska banking icon Andrew “Skip” Hove dies

August 21, 2019 / Obituaries

Icon of Nebraska community banking and longtime figure in Washington, D.C., regulatory circles, Andrew C. “Skip” Hove Jr., died in ...
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Communication key to community involvement

August 21, 2019 / Profiles

Jackson Winsett, assistant vice president and community affairs officer for the Federal Reserve Bank of Kansas City, views the connection ...
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Chronicles

Industry reacts to Volcker Rule revisions

August 21, 2019 / Chronicles

Comptroller of the Currency Joseph Otting has signed a final rule amending the Volcker Rule to tailor and simplify the ...
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Alerus to go public

August 20, 2019 / Chronicles

North Dakota’s Alerus Financial plans to launch an IPO later this year, potentially raising $75 million based on the registration ...
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Heartland buys QCR’s Rockford Bank & Trust

August 14, 2019 / Chronicles

Rockford-based Illinois Bank & Trust, a subsidiary of Iowa’s Heartland Financial USA, has agreed to acquire the assets and deposits ...
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Mutual of Omaha bought by CIT Group

August 13, 2019 / Chronicles

CIT Group’s banking subsidiary, CIT Bank, N.A., is acquiring Mutual of Omaha Bank for $1 billion, mostly in cash and ...
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Eagle Bancorp to buy Western Holding Company of Wolf Point

August 9, 2019 / Chronicles

Helena, Mont.-based Eagle Bancorp is buying Western Holding Company of Wolf Point, Mont., in a half-and-half cash and stock deal ...
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Ames National to acquire Creston bank

August 7, 2019 / Chronicles

Iowa State Savings Bank will be sold to Ames National Corp later this year through a stock purchase agreement ...
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People

Holt named president of First Farmers

August 20, 2019 / Promotions & New Hires

Converse, Ind.-based First Farmers Financial Corp., has named Mark A. Holt president of its subsidiary First Farmers Bank & Trust ...
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CSBS hires senior economist

July 31, 2019 / Promotions & New Hires

Thomas F. Siems, a former economist with the Federal Reserve Bank of Dallas, has joined the Conference of State Bank ...
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Bremer beefs up ag department

July 30, 2019 / Promotions & New Hires

Marc Schober was hired to a newly created director of specialized agriculture solutions position at Bremer Bank, St. Paul, Minn ...
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Opinion

M&A pro tip: Have a master contract list

August 23, 2019 / M&A

While termination and change-in-control penalties can play a significant role in an M&A transaction, third-party contracts can impact a deal ...
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Password management critical to protecting data

August 21, 2019 / Technology

Many companies these days use online services, rather than internally hosted applications, making password management and second-factor authentication key ...
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