Montana’s First Interstate nearly doubles with Great Western buy
Montana's First Interstate BancSystem, Inc., will buy South Dakota's Great Western Bancorp, Inc., in an all-stock deal worth $2 billion. Once the acquisition closes in 1Q 2022, First Interstate will be one of the region’s largest financial institutions, with more than $32 billion in assets and more than 300 branches ...
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Customers want self-serve options — including appointment scheduling
We all know the feeling of trying to schedule a meeting. The back-and-forth via emails to determine availability, the no-shows, ...
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Day One: Set the Right Tone After Close
The team has worked hard to get the deal done. It looks like the close is imminent. Day One sets ...
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#QuickTakes: BHCA Fall Seminar Preview
Bank Holding Company Association Managing Director Tom Bengtson lays out the highlights of next month's BHCA M&A seminar, Opportunities for ...
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Chronicles
40 financial, business groups urge Congress to reject reporting proposal
More than 40 organizations representing financial and business interests recently called on Congress to oppose President Joe Biden’s proposal to ...
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Study: More Americans in severe credit crunch during pandemic
More Americans are facing severe debt during the pandemic, according to a recent report from the consulting firm Inside 1031 ...
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Small business loans up slightly in August
Lenders both traditional and non-traditional approved slightly higher numbers of small business loans in August, according to a study from ...
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Associated expands financing divisions
Wisconsin’s Associated Bank is expanding its auto financing division and adding an equipment financing division ...
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Two Minnesota community banks to merge
Minnesota’s First Independent Bank and United Southwest Bank announced Sept. 14 that they have signed an agreement to merge ...
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FDIC report reveals improved unemployment numbers
The FDIC’s most recent quarterly State Profiles report reveals an Upper Midwest economy in much better condition than a year ago ...
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People
Miller named First Security Bank CFO
Brad Miller has joined Charles City, Iowa-based First Security Bank as chief financial officer. ...
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Meta to split president, CEO roles
As its current president and CEO retires, Meta Financial Group in Sioux Falls will split the role between two appointees ...
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First Bank of the Lake names SVP
Dale Wilkerson has joined First Bank of the Lake, Osage Beach, Mo., as senior vice president, senior loan officer of ...
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Opinion
What about post-merger tech?
Equally important to the merger of the bank’s assets and people is the merger of technology. And this is an ...
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#QuickTakes: Robert Johnston
BankBeat publisher Tom Bengtson visits with Robert Johnston, CEO and founder of Adlumin, about the current cybersecurity issues facing community ...
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Enhanced shareholder value comes through daily practices
Enhancing shareholder value is something that bank management needs in their filter daily. This mantra helps to make sure the ...
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Community Relations
SBA marks Small Business Week with virtual summit
The U.S. Small Business Administration marked National Small Business Week with a virtual summit. ...
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Indiana bank backs downtown revitalization
Brownsburg, Ind.-based State Bank helped host a reception in August to celebrate a $20,000 contribution to The Heart of Lebanon ...
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UBB partnership sparks education, brand awareness
A collaboration between United Bankers Bank and Banzai allows community banks to be a gateway for students to learn how ...
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