M&A twist: Credit unions as buyers
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
Read More
Community bankers find little to love with core providers
Gather a group of community bankers and you’ll quickly find their common ground: A bad experience with a core processor ...
Read More
Read More
The past, digitized for future generations
The Federal Reserve Bank of St. Louis has long been invested in collecting banking data. It started in 1961, when ...
Read More
Read More
‘Blind Eye’ litigation and what it means for banks
One of the newest trends in banking litigation is the proliferation of “blind eye” fraud claims. The law underlying these ...
Read More
Read More
Chronicles
Nicolet, Commerce merging in Wisconsin
Green Bay-based Nicolet Bankshares, Inc., is acquiring Commerce Financial Holdings, Inc., in a deal worth $130 million ...
Read More
Read More
Farmers and Merchants Bank assumes deposits of failed Nebraska bank
Ericson State Bank in Ericson, Neb., was closed by the Nebraska Department of Banking and Finance. The $100 million bank ...
Read More
Read More
Heartland Financial USA to buy AIM Bancshares
Dubuque, Iowa-based Heartland Financial USA, Inc., is acquiring AIM Bancshares, Inc., and its subsidiary AimBank, both of Lavelland, Texas, for ...
Read More
Read More
Michigan bank plans for the future
Mercantile Bank of Michigan, Grand Rapids, has its eyes on long term profitability, which has not diminished short term gains. ...
Read More
Read More
Chicago bank jumps into Milwaukee
After two acquisitions, First Midwest Bank, Chicago, closed the third quarter having generated a company record net income of $54.5 ...
Read More
Read More
Minnesota CU, bank ink deal
Wings Financial Credit Union has agreed to buy Neighborhood National Bank, Mora, Minn ...
Read More
Read More
People
Great Western announces new CEO
Mark Borrecco has been named the new president and CEO of Great Western Bancorp, Sioux Falls, S.D. He replaces Ken ...
Read More
Read More
Minnesota bank announces new CEO, board member
Citizens Bank & Trust Co., Hutchinson, Minn., promoted Timothy Ulrich to CEO. Ulrich is on the $216 million bank’s board ...
Read More
Read More
Departing wisdom from IBA’s Linda Koch
As part of Linda Koch’s job as president and chief executive officer of the Illinois Bankers Association, she’s driven the ...
Read More
Read More
Opinion
Recent wet weather puts a damper on ag
“Weather has been one of the big issues [in 2019] that has impacted agriculture. It started in the spring and ...
Read More
Read More
Population trend demands creativity
Did you hear about the rural resident who came up with a creative way to deposit cash into his bank ...
Read More
Read More
Tech company brings something unique: Longevity
Computer Service Professionals, Inc., Jefferson City, Mo., has been serving up tech solutions to community banks since 1988. We talked ...
Read More
Read More
Community Relations
Iowa bank to host economic development forum
TS Bank, Treynor, Iowa, will host the first southwest Iowa community and economic development forum in late February, partnering with ...
Read More
Read More
Bank aids community recovery from summer floods
First National Bank of Omaha, Neb., is partnering with its community in 2020 to award grants totalling more than $825,000 ...
Read More
Read More
Bank brings in a quarter-million pounds of food in 10 days
Merchants Bank, Winona, Minn., garnered almost a quarter-million pounds of food in its 10-day-long fundraising event for the holidays ...
Read More
Read More