Kansas-based bank serves Missouri’s nascent cannabis industry

Kansas-based bank serves Missouri’s nascent cannabis industry

/ Chronicles
Kansas has historically been tough with legal cannabis penalties, and remains one of three states in the country without a legalized variety. Sale or production of cannabis means a possibile 17-year prison sentence and a half-million dollar fine. As of July 2019, Kansas residents are legally permitted to bring back ...
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Space Considerations: TurnKey Architects

Space Considerations: TurnKey Architects

/ Features
Even before the pandemic, bank customers had increasingly migrated toward online and mobile banking products to conduct simple banking functions ...
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Decentralization is new but emerging way to think about finance

Decentralization is new but emerging way to think about finance

/ Technology
Decentralized financing (DeFi) is now part of the cryptocurrency ecosystem. Jason Wu, CEO of Minneapolis-based DeFiner, a crypto bank fintech ...
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The balance of state, federal laws

The balance of state, federal laws

/ Legislation
One of the benefits of living in a country made up of several states is that progress can be made ...
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Chronicles

Community banker economic optimism rebounds

/ Chronicles
Community bankers economic outlook has largely returned to prepandemic levels, according to a survey from the Conference of State Bank ...
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FNB Waterloo adds Swansea office

/ Chronicles
Illinois-based First National Bank of Waterloo is adding a full-service branch in Swansea, Ill., later this year ...
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CFPB proposes foreclosure ban

/ Chronicles
The Consumer Financial Protection Bureau wants to ban foreclosures until 2022, according to a recent proposal ...
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TS Banking Group adds financial planning firm

/ Chronicles
Treynor, Iowa-based TS Banking Group is acquiring Callahan Financial Planning, roughly doubling its assets under management ...
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TCF launches advisory board

/ Chronicles
The bank is launching an Emerging Leaders Advisory Board which will TCF employees and young and diverse leaders drawn from ...
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PPP extended through May

/ Chronicles
President Biden signed into law a bill extending the Small Business Administration’s Paycheck Protection Program.  ...
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People

FDIC names Chicago regional director

/ Promotions & New Hires
Gregory Bottone was named Chicago regional director for the FDIC, effective March 29, replacing John Conneely ...
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U.S. Bank names St. Louis market president

/ Promotions & New Hires
Derek Martin was named St. Louis market president for Minneapolis-based U.S. Bank, succeeding Larry Otto, who retired on March 19.  ...
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Alerus adds mortgage teams

/ Promotions & New Hires
Alerus Financial is expanding its mortgage presence in the Twin Cities, with Joe Nabedrick and Erin Moffitt as mortgage bankers ...
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Opinion

Is closed banking dead?

/ Technology
The walls between great ideas and real fintech products and services are crumbling. Application programming interface-based connections for data sharing ...
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Time to up your security game with a password manager

/ Technology
Consider a test run by the U.S. Department of Homeland Security in 2011. Thumb drives were scattered around the parking ...
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Customer experience adaptations that will likely stick

/ Operations
It is undeniable that COVID-19 has changed the way people live and work. The hallmarks of community banking — the ...
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Community Relations

CNB puts a roof on library

/ Community Relations
CNB Bank & Trust in Carlinville, Ill., is helping put a roof on the local library, dropping $1,000 into the ...
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Iowa bank pitches in on disaster relief

/ Community Relations
Treynor, Iowa-based TS Bank recently completed a multi-year gift of $15,000 to the local American Red Cross chapter ...
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IncredibleBank gives nonprofit campus a boost

/ Community Relations
Wisconsin’s IncredibleBank has made a $100,000 commitment to Community Partners Campus in Wausau, Wis.  ...
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