Midwest earnings figures show larger banks out-pace smaller banks

Midwest earnings figures show larger banks out-pace smaller banks

/ Bank Earnings, Chronicles
Income trends among banks in the Midwest tracked with the nation overall, as first quarter earnings across the banking industry exceeded last year’s first quarter earnings by 27.5 percent. First quarter earnings at Illinois’s 450 banks exceeded last year’s first quarter earnings by 24.4 percent. In Wisconsin, where there are ...
Read More
Uncertainty around ADA website/app compliance leaves banks vulnerable

Uncertainty around ADA website/app compliance leaves banks vulnerable

/ Opinion
Lawsuits related to alleged violations of the Americans with Disabilities Act are on the rise and a number of banks ...
Read More
Hospitality is trending in bank remodels

Hospitality is trending in bank remodels

/ Features
If the technology had existed in 1905 surely master architect Frank Lloyd Wright would have created a mobile app for ...
Read More
Lee succeeds Fuller as Heartland Financial CEO

Lee succeeds Fuller as Heartland Financial CEO

/ Promotions & New Hires
Bruce Lee, president of Heartland Financial USA, Inc., will add CEO to his title on June 1. Lee has been ...
Read More

Chronicles

Mutual of Omaha sells Nevada branch

/ Chronicles, More News
Nebraska’s Mutual of Omaha Bank is selling a branch in Carson City, Nev., to Plumas Bank, Quincy, Calif. The sale, ...
Read More

OCC wants banks active in small-dollar lending

/ Chronicles, More News
U.S. consumers borrow nearly $90 billion every year in short-term, small-dollar loans that range from $300 to $5,000. Because many ...
Read More

Another positive quarter for banks

/ Chronicles
Commercial banks and savings institutions reported aggregate net income of $56 billion in the first quarter of 2018, up $12.1 ...
Read More

People

Minnesota SBA staffer passes

/ Obituaries
A long-time Small Business Administration employee, Melvin Boser, passed away May 18. He was 68. Boser, known as Mel, retired ...
Read More

Oak Ridge Financial creates Equity Capital Markets Group

/ Chronicles, Promotions & New Hires
Oak Ridge Financial Services Group, Inc., based in Golden Valley, Minn., announced May 21 it is expanding its investment banking ...
Read More

Iowa bank announces board additions, retirement

/ Directorships, Retirements
Farmers Trust and Savings Bank, Spencer, Iowa, announced the retirement of Bruce Lamport and the election of Kenneth Easter and ...
Read More

Opinion

Remembering Bill Seidman

/ Opinion
This week marks the anniversary of the death of Bill Seidman, the chairman of the FDIC during the tumultuous 1980s ...
Read More

Fintech proves what’s possible; will bankers adapt?

/ More News, Technology
Technology plays an ever-increasing role in banking, particularly when it comes to innovation. For all the talk (and fear) about ...
Read More

Reflections on the banking industry, post crisis

/ Opinion
Ten years ago, a financial crisis was unfolding and the nation’s banks were vilified by populist politicians and media alike ...
Read More

Community Relations

Iowa banking associations team to educate kids about money

/ Financial Literacy
The Community Bankers of Iowa and the Iowa Bankers Association are supporting Money Smart Week programs that creatively connect children ...
Read More

Financial literacy survey busts myths, offers hope

/ Financial Literacy
In commemoration of Financial Literacy Month, the First National Bank of Omaha conducted its 2018 Financial Literacy and Lifestyle Survey ...
Read More

Bell Bank extends giving program to professional soccer team

/ Philanthropy
Bell Bank, Fargo, N.D., announced on April 17 it is entering into a 10-year partnership with the Minnesota United FC, ...
Read More