Understanding deposit pricing stats
In times of volatility, it is critical to know how to interpret aggregated cost of funds data and correctly understand the pricing marketplace today. You may be familiar with Mark Twain’s opinion of statistics — “There are three kinds of lies: Lies, damned lies and statistics.” ...
Read More
Read More
Yellen: Feds willing to protect uninsured small bank depositors
Treasury Secretary Janet Yellen said the government is willing to expand FDIC insurance to regional and community banks in distress ...
Read More
Read More
Congressman: Leadership failures caused bank collapse
The recent collapses of Silicon Valley Bank and Signature Bank were caused by internal leadership failures, not a 2018 law ...
Read More
Read More
A new era in deposit insurance?
Has deposit insurance changed forever? Regulators boldly protected all depositors at Silicon Valley Bank and Signature Bank when they failed ...
Read More
Read More
Chronicles
Congressional scrutiny grows over SVB, Signature collapses
Congress has scrutinized the work of financial regulators for their work in supervising Silicon Valley Bank and Signature Bank. In ...
Read More
Read More
Illinois bank acquiring Wisconsin bank
Central Illinois-based First Mid Bancshares, Inc., is acquiring Beloit, Wis.-based Blackhawk Bancorp, Inc., in a $90 million, all-stock deal. ...
Read More
Read More
Midwest economy slows as labor shortages take toll
The Midwestern economy slowed in March after hovering around growth-neutral for the last three months, according to Creighton University’s Rural ...
Read More
Read More
Small business optimism grows slightly
Small business optimism is growing but continues to be stunted by inflation and lingering concerns that a recession is imminent ...
Read More
Read More
Small businesses more profitable, cautious in 2022
More small businesses were profitable last year than in 2021, according to the Federal Reserve’s annual Credit Survey ...
Read More
Read More
Compeer helps expand development initiative
Compeer Financial partnered with Southern Minnesota Initiative Foundation to expand its Rural Entrepreneurial Venture program ...
Read More
Read More
People
One Community Bank welcomes Advisory Board member
Oregon, Wis.-based One Community Bank welcomed Valerie Renk to its Advisory Board. Renk is CEO of Habitat for Humanity Dane ...
Read More
Read More
Associated Bank hires SVP, senior credit officer
Green Bay, Wis.-based Associated Bank hired Peter Malmstrom as senior vice president and regional senior credit officer. Malmstrom, who is ...
Read More
Read More
Port Washington State Bank hires VP, bank secrecy officer
Wisconsin-based Port Washington State Bank named Joe Loebl vice president and bank secrecy officer. Loebl has 17 years of experience ...
Read More
Read More
Opinion
Making sense of saving habits
Whether it’s at grocery stores or gas pumps, people across the country are feeling the effects of inflation and many ...
Read More
Read More
Inflation’s disparate impact
I am convinced community banks feel the impact of inflation more than big banks. Inflation means upward pressure on interest ...
Read More
Read More
Is your remote deposit capture up to snuff?
We’re asked to upload images with our phones all the time. Insurance cards, driver’s licenses, checks. And we’ve all experienced ...
Read More
Read More
Community Relations
Centier Bank donates $2,500 to local nonprofit
Merrillville, Ind.-based Centier Bank donated $2,500 to the Fay Biccard Glick Neighborhood Center. The Indianapolis-based facility provides assistance by offering ...
Read More
Read More
Northwest Bank donates $50,000 to local school district
Iowa-based Northwest Bank donated $50,000 to Humboldt Community School District for a new multi-purpose athletic training facility. The addition, expected ...
Read More
Read More
Centier Bank donates $5,000 for community event
Merrillville, Ind.-based Centier Bank donated $5,000 to Crown Point Community Foundation for its Volunteer Fair and Blood Drive. The event, ...
Read More
Read More