Montana banker touts education as the path forward
Heather Malcolm wants people to understand that ag lending is more than a subset of commercial lending. In fact, Malcolm believes ag lending is different enough — and the ag relationship important enough — that she invested time and talent to advocate resurrecting the agricultural track within the American Bankers ...
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Leadership when it matters
Sometimes the way forward is unclear and I think now is one of those times. The demonstrations and riots over ...
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Inclusive leadership proves effective and meaningful for Black entrepreneurs
Specific to lending, numerous reports show that small, Black-owned businesses were largely shut out of the Paycheck Protection Program. The ...
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#QuickTakes: Bernie Gaytko
Bernie Gatyko, chair of the Independent Community Bankers of Minnesota, describes the CRE outlook in the state, how reopening has ...
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Chronicles
Supreme Court: President can fire CFPB director at will
In a 5-4 decision, the Supreme Court has ruled that the current structure of the Consumer Financial Protection Bureau is ...
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Rural Mainstreet Index ticks up for June
The Rural Mainstreet Index for June climbed to 37.9, well below growth neutral, but up from May’s 12.5 and April’s ...
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CBI completes Walcott buy
Muscatine, Iowa-based CBI Bank & Trust completed its acquisition of Walcott Trust & Savings Bank over the weekend ...
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Heartland buys branches in Arizona
An Arizona subsidiary of Heartland Financial USA in Iowa is buying branches from Johnson Financial Group, Racine, Wis ...
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WBA names new chair
Paul Kohler, president and CEO of Charter Bank, Eau Claire, has been elected to serve as the 2020-2021 chair of ...
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Non-bank mortgage lenders, REITs next up for FHLB membership?
In February, the Federal Housing Finance Agency announced it would seek input on expanding the field of membership in the ...
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People
CrossFirst Bankshares names new president
Mike Maddox, current president and CEO of CrossFirst Bank, will become president and CEO of its holding company, CrossFirst Bankshares. ...
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Singhal named CIO at Farmers & Merchants
Ohio’s Farmers & Merchants State Bank announced the addition of Shalini Singhal as chief information officer. ...
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Castle Rock banker, Dan Nicolai, passes away
Life-long community banker and patriarch of the 104-year-old Castle Rock Bank in Castle Rock, Minn., passed away June 13. He ...
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Opinion
Who was the intended PPP target?
Who were the intended PPP grant recipients? At first, it was any company with fewer than 500 employees but then ...
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Diverse hiring is not inclusion
“Diversity is inviting people to the dance; inclusion is asking them to dance,” said Shirley Davis, president of SDS Global ...
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#QuickTakes: Brad Lane
Brad Lane, chair of the Iowa Bankers Association, describes how the pandemic has impacted the state's ag industry especially livestock ...
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Community Relations
F&M Bank helps local businesses, nonprofits
Galesburg, Ill.-based F&M Bank is committing $20,000 to help local small businesses and nonprofits ...
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Mattoon bank hands out grants
The First National Bank in Mattoon, Ill., has awarded grants to local organizations totaling $20,000 ...
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Bank Iowa crowdsources donation destinations
Bank Iowa, Des Moines, announced the recipients of its first-ever crowdsourced community give back program, Helping Hand ...
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