Middle market M&A and coronavirus: What’s next?
As we moved through the first quarter of 2020, there was confidence that middle market mergers and acquisitions activity would trend back up for the year. And then the coronavirus pandemic hit. Despite the chaos, activity didn’t dry up completely. While there was a definitive dip initially, the market has ...
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Premier Banks founder dies
Donald B. Regan, founder and chair of Premier Banks, Maplewood, Minn., died at age 91 on Oct. 23, peacefully surrounded ...
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Project struggles are real, and can be overcome
I am leading up a SharePoint project that includes several department heads within the bank. Most on the team work ...
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Carranza gets a big start at the SBA
September 30 marked the close of the 2020 fiscal year for the country; what an enormous year it turned out ...
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Chronicles
Lake Trust CU buying bank branch
Hastings, Mich.-based Lake Trust Credit Union is buying a branch in Hastings from Mercantile Bank of Michigan, Grand Rapids ...
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Kansas bank fails
Almena State Bank of Almena, Kan., was closed by the Kansas Office of the State Bank Commissioner on Friday ...
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First Midwest closing branches
Chicago’s First Midwest Bank is consolidating 17 branches early next year, or about 15 percent of its network ...
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United Fidelity assumes deposits of Florida bank
First City Bank of Florida, Fort Walton Beach, was closed Oct. 16, and its deposits were assumed by United Fidelity ...
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Kansas bank buoyed by agriculture
Landmark National Bank in Manhattan, Kan., posted a record $5.1 million earned in the second quarter, compared to $2.1 million ...
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Michigan bank group holding steady
Southern Michigan Bancorp, Coldwater, which operates three slightly different “Southern Michigan Bank” brands, earned $1.8 million in the second quarter ...
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People
Dahl retires from TCF
Craig Dahl has retired as president and CEO of Detroit-based TCF Financial Corporation today. Vice Chair David Provost was named ...
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Stebbins joins Ixonia as CFO
Peggy Stebbins has been hired by Ixonia Bank in Wisconsin as chief financial officer after time with First Business Financial ...
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Stearns names CCO
Jeff Hanson has joined Stearns Bank, St. Cloud, Minn., as chief credit officer after stints with AgriBank and CoBank ...
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Opinion
Pandemic raises stakes on debit card issue
The 10th anniversary of the Dodd-Frank Act came in the midst of the pandemic, when debit card usage was surging ...
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Is your board an ‘asset’ or an ‘audience’?
As a director serving two boards, I can tell you that 2020 reinforced its no-star rating by the challenges it ...
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Digital marketing meets the needs of the moment
Fintel Connect is a Vancouver-based digital marketing firm that works with U.S. banks. Nicky Senyard, founder and CEO, talked with ...
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Community Relations
Indiana bank funds food truck
Bippus State Bank is providing funds to bring a food truck to local Indiana schools to feed more than 500 ...
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MidCountry donates to vet organization
The PenFed Foundation in Virginia has received a $100,000 donation from MidCountry Bank, Bloomington, Minn., to help it empower military ...
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Pioneer Bank donates water bottles
Mankato, Minn.-based Pioneer Bank is pleased to donate 5,000 water bottles to students at area schools for the start of ...
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