Heartland Financial USA to buy AIM Bancshares
Dubuque, Iowa-based Heartland Financial USA, Inc., is acquiring AIM Bancshares, Inc., and its subsidiary AimBank, both of Lavelland, Texas, for $280.4 million ...
Read More
Read More
‘Blind Eye’ litigation and what it means for banks
One of the newest trends in banking litigation is the proliferation of “blind eye” fraud claims. The law underlying these ...
Read More
Read More
Banking core startup seeks to be an alternative
Neocova is a St. Louis-based fintech startup that has dropped in to the core provider market for community banks. BankBeat ...
Read More
Read More
Personal touch still a plus
One of the important roles that community banks play in the American economy is providing credit to small businesses. What ...
Read More
Read More
Chronicles
Farmers and Merchants Bank assumes deposits of failed Nebraska bank
Ericson State Bank in Ericson, Neb., was closed by the Nebraska Department of Banking and Finance. The $100 million bank ...
Read More
Read More
Michigan bank plans for the future
Mercantile Bank of Michigan, Grand Rapids, has its eyes on long term profitability, which has not diminished short term gains. ...
Read More
Read More
Chicago bank jumps into Milwaukee
After two acquisitions, First Midwest Bank, Chicago, closed the third quarter having generated a company record net income of $54.5 ...
Read More
Read More
Minnesota CU, bank ink deal
Wings Financial Credit Union has agreed to buy Neighborhood National Bank, Mora, Minn ...
Read More
Read More
Ohio bank completes merger, enters Michigan market
Waterford Bancorp, Inc., Toledo, Ohio, acquired Clarkston Financial Corporation, Clarkston, Mich., holding company for Clarkston State Bank ...
Read More
Read More
Former Wells Fargo CEO banned from banking
Former Wells Fargo CEO John Stumpf can no longer work in the banking industry and must pay a $17.5 million ...
Read More
Read More
People
Great Western announces new CEO
Mark Borrecco has been named the new president and CEO of Great Western Bancorp, Sioux Falls, S.D. He replaces Ken ...
Read More
Read More
Minnesota bank announces new CEO, board member
Citizens Bank & Trust Co., Hutchinson, Minn., promoted Timothy Ulrich to CEO. Ulrich is on the $216 million bank’s board ...
Read More
Read More
Wintrust tweaks executive titles
Illinois-based Wintrust Financial has rearranged its executive structure, announcing a number of promotions effective Feb. 2 ...
Read More
Read More
Opinion
Recent wet weather puts a damper on ag
“Weather has been one of the big issues [in 2019] that has impacted agriculture. It started in the spring and ...
Read More
Read More
Population trend demands creativity
Did you hear about the rural resident who came up with a creative way to deposit cash into his bank ...
Read More
Read More
Tech company brings something unique: Longevity
Computer Service Professionals, Inc., Jefferson City, Mo., has been serving up tech solutions to community banks since 1988. We talked ...
Read More
Read More
Community Relations
Iowa bank to host economic development forum
TS Bank, Treynor, Iowa, will host the first southwest Iowa community and economic development forum in late February, partnering with ...
Read More
Read More
Bank aids community recovery from summer floods
First National Bank of Omaha, Neb., is partnering with its community in 2020 to award grants totalling more than $825,000 ...
Read More
Read More
Bank brings in a quarter-million pounds of food in 10 days
Merchants Bank, Winona, Minn., garnered almost a quarter-million pounds of food in its 10-day-long fundraising event for the holidays ...
Read More
Read More