Wisconsin partners navigate M.O.E. hurdles

Wisconsin partners navigate M.O.E. hurdles

/ M&A
n ambitious merger of equals is underway in south central Wisconsin, bringing together two Madison-area organizations. The merger involves SBCP Bancorp, Inc., the holding company for the $1.6 billion State Bank of Cross Plains, and Monona Bankshares, Inc., the holding company for $1.17 billion Monona Bank ...
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Taking nothing for granted: Advice for generation next

Taking nothing for granted: Advice for generation next

/ Leadership
Business succession consultants rarely work with families unless the senior generation controlling the business commits to a transition. “I spend ...
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Bank earnings increase to $71.7 billion due to record net interest margins

Bank earnings increase to $71.7 billion due to record net interest margins

/ Chronicles
FDIC-insured institutions made $71.7 billion in the third quarter, an 11.3 percent increase from the previous quarter.  ...
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Transition resources help family-owned banks prepare for succession

Transition resources help family-owned banks prepare for succession

/ Features
Within families that own banks, there can be a disconnect between parents who control the bank and children in line ...
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Chronicles

Rising interest rates, inflation again limit U.S. economic growth

/ Chronicles
U.S. economic activity was limited in recent weeks as interest rates and inflation continued to limit growth, according to the ...
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Morton Community Bank expanding Illinois footprint with bank buy

/ Chronicles
Illinois-based Morton Community Bank is acquiring Springfield, Ill.-based Marine Bank.  The merger is expected to close in the second quarter ...
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Midwest economy softening amid recession warnings

/ Chronicles
The Midwest economy is softening amid warning signs of a pending recession, according to Creighton University’s November Mid-America Business Conditions ...
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Chicago’s Byline Bancorp to expand suburban presence with $165M buy

/ Chronicles
Chicago-based Byline Bancorp, Inc., is acquiring Oak Brook, Ill.-based Inland Bank and Trust in a $165 million, cash-and-stock deal. The ...
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Financial system faces economic, technological risks

/ Chronicles
The stability of the global financial system continues to be tested by high inflation, slowed economic growth, and cryptocurrency safety ...
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Banking conditions remain stable in KC Fed region

/ Chronicles
Banking conditions in the Federal Reserve Bank of Kansas City region remained stable in the third quarter ...
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People

Midwest Independent Bancshares hires CFO

/ Promotions & New Hires
Jefferson City, Mo..-based Midwest Independent Bancshares, Inc., hired Vernon Kempker as chief financial officer. Kempker has more than 30 years ...
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Centier Bank promotes Yolanda Estrada to VP, manager position

/ Promotions & New Hires
Merrillville, Ind.-based Centier Bank promoted Yolanda Estrada to vice president, processing and underwriting manager. Estrada has spent nearly a decade ...
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Merchants Bank promotes Chad Woyczik to VP/deposit operations manager

/ Promotions & New Hires
Winona, Minn.-based Merchants Bank promoted Chad Woyczik to vice president/deposit operations manager.  Woyczik joined the more than $2.6 billion Merchants ...
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Opinion

Don’t throw away the key!

/ Opinion
Safe deposit boxes are falling out of favor, but I want to encourage bankers reading this to continue to offer ...
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Consider what might come next after software vendor acquisition

/ Opinion
Selecting an enterprise or SaaS product for a bank is a complex task. You’ve involved multiple decision-makers, sat through endless ...
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Considering ‘brand’ as a recruitment and retention tool

/ Marketing
Bankers often think of the word “brand” in terms of customer acquisition, but when competition for talent is fierce, should ...
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Community Relations

Northwest Bank donates $30K to local nonprofit

/ Community Relations
West Des Moines-based Northwest Bank donated $30,000 to Wesley Life Meals on Wheels. The donation is intended to help Wesley ...
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Prevail Bank donates to local nonprofits

/ Community Relations
Wisconsin-based Prevail Bank donated $1,000 to United Way of the Greater Chippewa Valley to support the nonprofit’s programs and services.  ...
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Home Federal donates $3K in seed money to volunteers

/ Community Relations
Rochester, Minn.-based Home Federal Bank recently donated a total of $3,000 to three local residents as part of the bank’s ...
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