Social sharing helps you connect to the community
Consumers gravitate toward community banks in part because they enjoy supporting locally owned businesses. That relationship should be reciprocal — as customers support your bank, give back to them by supporting their community ...
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The case for inclusion
While diverse hiring practices and an awareness of the growing demographic shift within the United States has lessened the gap ...
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Iowa action likely to slow CU-bank deals
Days after the Colorado State Banking Board became the first regulator to prevent a credit union from buying a bank, ...
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Nebraska banker’s ‘worst day’ recounted
Nebraska banker Greg Hohl was at an out-of-state meeting when he received a text message from his sister that there ...
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Chronicles
Fed to provide $2.3 trillion in loan programs
The Federal Reserve introduced programs on April 9 to provide up to $2.3 trillion in loans to support households, businesses ...
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Fed eases Wells Fargo asset cap to allow small business lending
The Federal Reserve modified the asset cap on Wells Fargo, allowing the bank to lend more to small businesses under ...
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Regulators lower CBLR, offer relief to mortgage servicers
Federal banking agencies temporarily lowered the community bank leverage ratio to 8 percent to provide relief to community banks ...
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Banking agencies, regulators respond to rocky PPP launch
The SBA and Treasury Department worked with bankers through the weekend to answer questions as lenders provide essential credit to ...
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First bank failure of coronavirus era
The First State Bank, based in Barboursville, W.Va., was closed by state regulators April 3. MVB Bank, Inc., of Fairmont, ...
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SBA makes changes to PPP to encourage community bank involvement
The Small Business Administration modified guidelines for its Paycheck Protection Program in order to encourage community banks to participate in ...
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People
FPC names new executive director
The U.S. Faster Payments Council named Reed Luhtanen, payments expert and industry veteren, as its executive director on March 25 ...
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Stearns Bank names new director
Kathy Persian has joined the board of Stearns Bank N.A., St. Cloud, Minn. She is SVP/CIO for Schwan's Company, Bloomington, ...
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Minnesota Bank & Trust names president
Stephen Bishop was named president and CEO of Minnesota Bank & Trust, Edina, succeeding Ken Brooks ...
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Opinion
Crisis response should be practical, empathetic
In these uncertain times, questions swirl among community bankers about the best way to support their customers and communities through ...
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AI deployed as CRM tool for wealth managers
Practifi is a Chicago startup developing business management tools for financial institutions and wealth advisors. Adrian Johnstone and Glenn Elliott, ...
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Does your bank have a remote work plan?
All banks are required to assess the risk of a pandemic to their business and have a plan to address ...
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Community Relations
Banks respond to crisis, invest in communities
Banks in Iowa and Minnesota announced new programs and donations which will benefit employees and community members during the COVID-19 ...
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Park Financial to set up emergency loan fund
Minneapolis-based Park Financial Group announced an emergency loan fund of approximately $30 million to help local businesses impacted by the ...
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Ames bank holds blood drive
First National Bank in Ames, Iowa, is helping its community by hosting a blood drive in partnership with LifeSere Blood ...
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