More banks are adopting FedNow
Bankers and industry experts see FedNow as an expanding service with room to grow 14 months after it launched ...
Clarkson targets regulation, rural credit access as SDBA chair
Dylan Clarkson, President and CEO of Pioneer Bank & Trust in Spearfish, S.D., was recently named chair of the South ...
Farren strives to mold UMACHA to meet members’ needs
Though she’s been involved with the Upper Midwest Automated Clearing House Association for 16 of the organization’s 50 years, President ...
Community bank income grows amid interest income rise
FDIC-insured community banks made $6.4 billion in net income in the second quarter, a 1.1 percent or $72.6 million increase ...
Chronicles
Mid-America economy contracted last month
Supply managers say the economy is contracting as they remain pessimistic about the economic outlook, according to Creighton University’s August ...
Illinois’ QCR Holdings to end new loans, leases from equipment finance business
Moline, Ill.-based QCR Holdings is discontinuing new leases and loans through its Waukesha, Wis.-based equipment finance business m2 Equipment Finance, ...
Wisconsin’s First National Bank and Trust opening Janesville branch
Beloit, Wis.-based First National Bank and Trust is opening a branch this month in Janesville, Wis. ...
Economic activity uneven in recent weeks
Economic activity has been mixed in recent weeks, according to the Federal Reserve Beige Book. ...
Ncontracts acquires third-party risk platform via buyout
Nashville-based bank vendor and risk management company Ncontracts acquired third-party risk manager Venminder via a buyout of previous Ncontracts shareholder ...
GDP increased 3 percent in Q2
Gross domestic product increased at an annual rate of 3 percent in the second quarter of the year, according to ...
People
Wisconsin’s First Mid Bank & Trust announces promotion
Mattoon, Ill.-based First Mid Bank & Trust promoted Mat Reynolds to senior vice president, director of consumer lending and credit ...
Merchants Bank appoints Sievers as CFO
Carmel, Ind.-based Merchants Bancorp and its subsidiary Merchants Bank appointed Sean Sievers as CFO ...
Capitol National Bank promotes Campbell to president
Lansing, Mich.-based Capitol National Bank promoted Joseph Campbell to president and to its board of directors. ...
Opinion
Due diligence a must before AI adoption
As a greater number of banks embrace the potential of artificial intelligence to prevent fraud and ensure a smoother customer ...
Work is the clay that shapes one’s legacy
The shaping of legacy can inform all of our days in one way or another. But it especially can inform ...
A summer intern’s take on banking
A unique attribute I repeatedly found in community banks, one which has probably turned me into a “bank local” die-hard, ...
Community Relations
First Business Bank golf event raises $48K for nonprofits
A charity golf tournament hosted by Brookfield, Wis.-based First Business Bank raised $48,000 for nonprofits in the Madison and Milwaukee ...
Northwest Bank donates $10K to local school district
Spencer, Iowa-based Northwest Bank donated $10,000 to Estherville (Iowa) Community Schools to benefit the district’s Patrons of the Fine Arts ...
First Bank of Berne donates $2,500 to local events
Indiana’s First Bank of Berne recently donated $2,500 to two local events. ...