Fed actions forestalled burgeoning crisis

Fed actions forestalled burgeoning crisis

/ The Economy
The arrival of COVID-19 brought with it not only a public health crisis, but an economic crisis. The virus has altered the way we work, shop and interact with friends and family. As a result, economic activity slowed and the outlook dimmed. Businesses, expecting sharp declines in profitability, increased their ...
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Credit quality, climate action may affect ag in 2021

Credit quality, climate action may affect ag in 2021

/ Agriculture
Through the United States Department of Agriculture, farmers were able to use CFAP to provide income assistance due to pandemic-related ...
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Strategic planning and M&A in 2021

Strategic planning and M&A in 2021

/ M&A
Banks can plan to mitigate margin compression by aggressively lowering cost of funds, look for growth opportunities in what is ...
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‘Banker of the Year’ takes seriously his role as mentor

‘Banker of the Year’ takes seriously his role as mentor

/ Leadership
These are bankers who have grown their organizations, organically or through acquisition or both; individuals who’ve resolutely climbed through the ...
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Chronicles

First Busey acquiring Glenview bank

/ Chronicles
Chicago-based First Busey Corp is acquiring Glenview State Bank and its holding company Cummins-American Corp., both in Glenview, Ill ...
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Yellen notes pandemic resolution key to recovery

/ Chronicles
During confirmation hearings, Treasury Secretary Nominee Janet Yellen said defeating the pandemic was the clearest path to restoring health to ...
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Farmers State Bank of Hartland announces new name

/ Chronicles
Farmer State Bank of Hartland, Minn., has changed its name to Arcadian Bank ...
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Wintrust selling three branches

/ Chronicles
Chicago-based Wintrust Financial is selling three branches in southwestern Wisconsin to The Greenwood’s State Bank, Lake Mills, Wis ...
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Landmark hits record earnings on strong housing market

/ Chronicles
Landmark Bank, Manhattan, Kan., broke its previous quarterly earnings record in the third quarter by earning $5.4 million compared to ...
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Glacier’s steadiness pays off

/ Chronicles
Glacier Bancorp, Kalispell, Mont., ended the third quarter with income of $77.8 million, up from $51.6 million during the same ...
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People

McNew to head SFC Bank

/ Promotions & New Hires
Rob Fulp, CEO of SFC Bank in Springfield, Mo., is retiring, and current SFC Bank President Monte McNew will replace ...
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Greg Post named CEO of Northwest Financial

/ Promotions & New Hires
Greg Post adds the CEO title in addition to president at Arnolds Park, Iowa-based Northwest Fianancial Corp ...
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Country Club Bank names chief commercial banking officer

/ Promotions & New Hires
Brian Hoban was named chief commercial banking officer, a newly created position at Country Club Bank, Kansas City, Mo ...
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Opinion

The year ahead: Privacy and cybersecurity issues

/ Regulation
The financial services industry faced unprecedented cybersecurity and privacy challenges in 2020. From learning how to operate with a remote ...
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Security, productivity inform the evolution of communications platform

/ Technology
Remote meeting technology can be dressed up, or clothed as business casual. David Gurlé is founder and CEO of Symphony ...
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Being ‘better’ … once again

/ The Economy
Pandemic, civil riots, contentious (and contested) elections — and this wasn’t a dystopian movie script. This describes the year 2020 ...
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Community Relations

American Bank of the North donates $5,000 to Hibbing Dylan Project

/ Community Relations
On the brink of Bob Dylan’s 80th birthday, American Bank of the North is supporting efforts to pay tribute to ...
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Kansas City Fed tops 5,000 laptop donations

/ Community Relations
The bank announced its Employer Laptop Challenge helped distribute over 5,000 laptop donations to nonprofits, schools and refurbishers since April ...
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FHLB Des Moines awards $41.3 Million in grants

/ Community Relations
The Federal Home Loan Bank of Des Moines has given approximately $41.3 million to 63 affordable housing projects across its ...
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