N.D. bank expanding to Mpls-St. Paul market with Venture Bank acquisition

N.D. bank expanding to Mpls-St. Paul market with Venture Bank acquisition

/ Chronicles
Choice Financial Holdings, Inc., Fargo, N.D., announced it is acquiring Venture Bank, Bloomington, Minn., giving the growing organization a formidable foothold in the Minneapolis-St. Paul marketplace. The deal was announced Feb. 20 and is pending regulatory approval ...
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Part 2 of our series on restrictive covenants: When there is disagreement

Part 2 of our series on restrictive covenants: When there is disagreement

/ Features
Employers commonly carve out restricted activities from a new employee’s duties until a previous restrictive agreement becomes inactive. What happens ...
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Bridgewater announced intent to go public

Bridgewater announced intent to go public

/ Chronicles
Bridgewater Bancshares, Inc., holding company for the fast-growing Bridgewater Bank in Bloomington, Minn., announced Feb. 16 it is going public ...
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Banks to help nonprofits affected by tax reform

Banks to help nonprofits affected by tax reform

/ Philanthropy
One outcome of the recent federal income tax overhaul will likely be  reduced charitable giving. Taxpayers using the increased standard ...
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Chronicles

Montana’s Glacier looking to slow the pace of growth

/ Chronicles
Glacier Bancorp, Inc., Kalispell, Mont., announced the completion of its acquisition of Collegiate Peaks Bank, Buena Vista, Colo. Doing business ...
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U.S. Bancorp fined for BSA, AML and risk management lapses

/ Chronicles
The Federal Reserve Board on Feb. 15 ordered Minneapolis-based U.S. Bancorp to improve risk management and oversight of its banking ...
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Michigan CU calls off bank acquisition

/ Chronicles
The $852 million Honor Credit Union of Berrien Springs, Mich., announced it will no longer acquire Citizens State Bank of ...
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People

First National Bank & Trust promotes first non-family president in four generations

/ Promotions & New Hires
First National Bank and Trust Company, Beloit, Wis., named David McCoy president and chief financial officer last week. McCoy has ...
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Leadership as conduit: ICBSD’s Olson defines her role

/ People
EDITOR’S NOTE: In July 2017, Megan Olson was named president and CEO of the Independent Community Bankers of South Dakota ...
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McKenney joins board at U.S. Bancorp

/ Directorships
Richard P. McKenney has been elected to the U.S. Bancorp board of directors, effective November 2017 ...
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Opinion

Nobel Prize validates theory on customer motivations

/ Marketing
The Nobel Prize in Economics awarded Oct. 8 to professor Richard H. Thaler for his behavioral economics work on irrational ...
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P2P payments: Service evolves; community banks sign on

/ Payments
Since person-to-person payments became accessible to community banks roughly a decade ago, many have adopted the third party technology as ...
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Political parties diverge on key banking issues

/ Politics
With the midterms already top of mind for many, we review banking policy as added to the platforms of the ...
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Community Relations

Bowling event brings bankers, businesses together for Junior Achievement

/ Volunteerism
Nearly 40 Midwest businesses and banks gathered in Mankato on Feb. 9 to support financial literacy and education —and to ...
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Associated Bank invests in women’s business initiative

/ Economic Development
Associated Bank, Green Bay, Wis., invested $1 million in the Wisconsin Women’s Business Initiative Corporation loan opportunity fund as a ...
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Minneapolis nonprofit connects banks, job candidates

/ Community Relations
Project for Pride in Living graduated its 42nd class of banking trainees on Feb. 2. PPL helps low-income individuals or ...
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