Montana's First Interstate nearly doubles with Great Western buy

Montana’s First Interstate nearly doubles with Great Western buy

/ Chronicles
Montana's First Interstate BancSystem, Inc., will buy South Dakota's Great Western Bancorp, Inc., in an all-stock deal worth $2 billion. Once the acquisition closes in 1Q 2022, First Interstate will be one of the region’s largest financial institutions, with more than $32 billion in assets and more than 300 branches ...
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Customers want self-serve options — including appointment scheduling

Customers want self-serve options — including appointment scheduling

/ Operations
We all know the feeling of trying to schedule a meeting. The back-and-forth via emails to determine availability, the no-shows, ...
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Day One: Set the Right Tone After Close

Day One: Set the Right Tone After Close

/ M&A
The team has worked hard to get the deal done. It looks like the close is imminent. Day One sets ...
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#QuickTakes: BHCA Fall Seminar Preview

#QuickTakes: BHCA Fall Seminar Preview

/ #QuickTakes
Bank Holding Company Association Managing Director Tom Bengtson lays out the highlights of next month's BHCA M&A seminar, Opportunities for ...
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Chronicles

40 financial, business groups urge Congress to reject reporting proposal

/ Chronicles
More than 40 organizations representing financial and business interests recently called on Congress to oppose President Joe Biden’s proposal to ...
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Study: More Americans in severe credit crunch during pandemic

/ Chronicles
More Americans are facing severe debt during the pandemic, according to a recent report from the consulting firm Inside 1031 ...
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Small business loans up slightly in August

/ Chronicles
Lenders both traditional and non-traditional approved slightly higher numbers of small business loans in August, according to a study from ...
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Associated expands financing divisions

/ Chronicles
Wisconsin’s Associated Bank is expanding its auto financing division and adding an equipment financing division ...
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Two Minnesota community banks to merge

/ Chronicles
Minnesota’s First Independent Bank and United Southwest Bank announced Sept. 14 that they have signed an agreement to merge ...
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FDIC report reveals improved unemployment numbers

/ Chronicles
The FDIC’s most recent quarterly State Profiles report reveals an Upper Midwest economy in much better condition than a year ago ...
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People

Miller named First Security Bank CFO

/ Promotions & New Hires
Brad Miller has joined Charles City, Iowa-based First Security Bank as chief financial officer.  ...
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Meta to split president, CEO roles

/ Promotions & New Hires
As its current president and CEO retires, Meta Financial Group in Sioux Falls will split the role between two appointees ...
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First Bank of the Lake names SVP

/ Promotions & New Hires
Dale Wilkerson has joined First Bank of the Lake, Osage Beach, Mo., as senior vice president, senior loan officer of ...
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Opinion

What about post-merger tech?

/ Technology
Equally important to the merger of the bank’s assets and people is the merger of technology. And this is an ...
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#QuickTakes: Robert Johnston

/ #QuickTakes
BankBeat publisher Tom Bengtson visits with Robert Johnston, CEO and founder of Adlumin, about the current cybersecurity issues facing community ...
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Enhanced shareholder value comes through daily practices

/ Operations
Enhancing shareholder value is something that bank management needs in their filter daily. This mantra helps to make sure the ...
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Community Relations

SBA marks Small Business Week with virtual summit

/ Community Relations
The U.S. Small Business Administration marked National Small Business Week with a virtual summit.  ...
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Indiana bank backs downtown revitalization

/ Community Relations
Brownsburg, Ind.-based State Bank helped host a reception in August to celebrate a $20,000 contribution to The Heart of Lebanon ...
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UBB partnership sparks education, brand awareness

/ Community Relations
A collaboration between United Bankers Bank and Banzai allows community banks to be a gateway for students to learn how ...
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