Banks’ potential enhanced by tech

Banks’ potential enhanced by tech

/ Opinion
If you understand your customers enough to anticipate their needs, you have a better chance of winning them over as lifelong customers.  ...
Banks have proven their ability to set capital standards

Banks have proven their ability to set capital standards

/ Opinion
The basic notion has been for some time that we want to have risk-based capital standards, and we want to ...
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Banks seeking suitable fintech products are investing

/ Features
Banks have been utilizing fintech since at least the creation of the abacus, but until recently, community banks have not ...
Seven tips for community banks to prepare for union organizing

Seven tips for community banks to prepare for union organizing

/ Hiring & Retention
As unions aim to organize new industries, financial institutions have not been immune ...

Chronicles

Manufacturing output grew in February as weather improved

/ Chronicles
Manufacturing output increased 0.8 percent in February as firms recovered from severe weather conditions the previous month, according to the ...

FDIC Vice Chair criticizes agency’s approach to digital assets

/ Chronicles
The FDIC’s current approach to blockchain and distributed ledger technology has “significant downsides,” said Vice Chair Travis Hill in a ...

Small business owner sentiment remains low

/ Chronicles
Small business owner sentiment remains stunted by inflation, according to the National Federation of Independent Business.  ...

Report: DDoS attacks reached record size in ‘23

/ Chronicles
DDoS attacks reached records in both size and sophistication last year, with the financial sector being the No. 1 target ...

Economic activity increased in recent weeks

/ Chronicles
Economic activity has increased since the start of the year, according to the Federal Reserve Beige Book.  ...

Supply manager optimism fell in February

/ Chronicles
Supply manager sentiments fell slightly last month amid continued job losses in the regional manufacturing sector, according to the Mid-America ...

People

Centier Bank names VP of community relations

/ Promotions & New Hires
Merrillville, Ind.-based Centier Bank promoted Dakita L. Jones to vice president of community relations, the bank’s philanthropic division ...

Bank Midwest hires executive vice president

/ Promotions & New Hires
Spirit Lake, Iowa-based Bank Midwest hired Kathy Thorson as executive vice president of client experience as the bank continues to ...

United Prairie Bank names president, CEO

/ Promotions & New Hires
Mankato, Minn.-based United Prairie Bank appointed Scott Miller president and CEO.  ...

Opinion

Finalized CC late fee rule ignores reality

/ Regulation
The Consumer Financial Protection Bureau’s recent capping of credit card late fees at $8 continues the bureau’s erroneous view of ...

Payment option jeopardized by CC bill

/ Opinion
Earlier in my life I was an all-cash guy, but now I am an all-plastic guy. Credit cards have evolved ...

#QuickTakes: Lance Caldwell

/ #QuickTakes
BankBeat’s Tom Bengtson discusses the challenges bankers are facing with Lance Caldwell, sales director in the Capital Markets Division of ...

Community Relations

American Bank & Trust donates $50K to local schools

/ Community Relations
Sioux Falls, S.D.-based American Bank & Trust donated $50,475 to local schools this year through its Spirit Card Program.  ...

One Community Bank donates $5K to local nonprofit

/ Community Relations
Oregon, Wis.-based One Community Bank donated $5,000 to Madison, Wis.-based nonprofit The Village Diaper Bank and collected diapers at its ...

Ixonia Bank secures $25K grant for local development company

/ Community Relations
Ixonia Bank in Wisconsin secured a $25,000 Community First Accelerate Grant to Melissa Nicole Allen, president of woman-owned real estate ...