M&A twist: Credit unions as buyers

M&A twist: Credit unions as buyers

/ M&A
The recent trend of credit unions buying banks has become one of the hot topics in the industry. A credit union purchasing a bank is a relatively complex undertaking, and here's what community banks need to know in order to make an informed decision ...
Read More
Community bankers find little to love with core providers

Community bankers find little to love with core providers

/ Features
Gather a group of community bankers and you’ll quickly find their common ground: A bad experience with a core processor ...
Read More
The past, digitized for future generations

The past, digitized for future generations

/ Opinion
The Federal Reserve Bank of St. Louis has long been invested in collecting banking data. It started in 1961, when ...
Read More
'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 ...
Read More

Chronicles

Nicolet, Commerce merging in Wisconsin

/ Chronicles
Green Bay-based Nicolet Bankshares, Inc., is acquiring Commerce Financial Holdings, Inc., in a deal worth $130 million ...
Read More

Farmers and Merchants Bank assumes deposits of failed Nebraska bank

/ Chronicles
Ericson State Bank in Ericson, Neb., was closed by the Nebraska Department of Banking and Finance. The $100 million bank ...
Read More

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 ...
Read More

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.  ...
Read More

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 ...
Read More

Minnesota CU, bank ink deal

/ Chronicles
Wings Financial Credit Union has agreed to buy Neighborhood National Bank, Mora, Minn ...
Read More

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 ...
Read More

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 ...
Read More

Departing wisdom from IBA’s Linda Koch

/ Profiles
As part of Linda Koch’s job as president and chief executive officer of the Illinois Bankers Association, she’s driven the ...
Read More

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 ...
Read More

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 ...
Read More

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 ...
Read More

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 ...
Read More

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 ...
Read More

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 ...
Read More