Father, son navigate succession through kitchen table confabs
Community banks face never-ending challenges, from regulations to technology to recently, a global pandemic. Yet they take it all in stride and are able to offer their customers a sense of consistency, even familiarity. At Park Bank in Holmen, Wis., familiarly is embodied by suspender-wearing bank President Douglas Farmer. So ...
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Steinwand named Bank of North Dakota president/CEO
Todd Steinwand was named Bank of North Dakota’s new president/CEO July 27 following the retirement of the institution’s longest-serving president, ...
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AI tools speed, secure M&A processes
Founded in 1968 in St. Paul, Minn., Datasite specialized in financial printing, marketing and communications for regulated industries. In 2018, ...
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Navigating bank ownership succession
Understandably, bank owners tend to put off succession planning. It involves discussing discomfiting topics such as wealth and death, for ...
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Chronicles
Creighton survey: Wholesale prices soar in July, economic outlook falls
A July economic indicator report recently released by Creighton University/Heider College of Business predicts “very strong growth” over the next ...
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SEC chair: More staffing, regulations needed to protect crypto investors
The meteoric rise of the cryptocurrency market is leaving state and federal regulators cautioning that the industry is not sufficiently ...
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2 Chicago-area banks merging
The merger is expected to be completed in 1Q 2022, subject to approval by bank regulatory authorities and the shareholders ...
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Study: Mortgage servicers solid during pandemic, challenges remain
A J.D. Power study recently found that relief efforts and quick adjustments to digital solutions during the pandemic earned mortgage ...
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Kentucky banks merging
A pair of Louisville, Ky., companies are joining forces, with Stock Yards Bancorp, Inc., acquiring Commonwealth Bancshares in a cash and ...
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Consumer sentiment falls in July
Consumer sentiment dropped 5 percent in July due to inflationary concerns, according to a July University of Michigan Consumer Sentiment ...
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People
Former ICBA chair dies at 85
Former Independent Community Bankers of America Chair Thomas Harold Olson, Sr., died peacefully July 26 at 85 years old ...
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1st Source names COO, CFO
Brett Bauer was named CFO and treasurer of 1st Source Corporation and 1st Source Bank in South Bend, Ind., while ...
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CSBS hires policy SVP
The Conference of State Bank Supervisors has hired Karen Lawson as a policy senior vice president. ...
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Opinion
Nothing beats a written plan when setting goals
For quite a few years, the conversations surrounding agriculture have focused on financial stress. Since 2014, we’ve had a rise ...
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Stress tests can guide CRE decision-making
Lenders, property owners, economists, and more have been holding their collective breaths when it comes to potential fallout from Covid-19 ...
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Understanding encryption (and why it’s not enough)
Bankers keep a lot of secrets, and they are able to do this in our modern world with encryption. For ...
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Community Relations
Associated receives national recognition for support of military employees
Associated Bank has received the 2021 Secretary of Defense Employer Support Freedom Award ...
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Bank, nonprofit partner to provide dollars for home investments
Treynor, Iowa-based TS Bank recently announced a partnership with The 712 Initiative to provide funding for home improvements ...
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Sparta bank underwrites scholars
Michigan’s ChoiceOne Bank recently awarded 13 scholarships for the annual ChoiceOne Scholarship Essay Contest. ...
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