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Community banks are part of the “financial community” and in the last few months, that’s been a dicey place. People typically lump everyone offering financial services together. Most people don’t know the difference between a mortgage broker and a community banker. [Continue]
AGAINST ALL ODDS: Newman took company from disaster to prosperity [Continue]
Regulators in Colorado took control of a Denver credit union with the goal of saving it for its low- and moderate-income members. [Continue]
It was a mixed bag of presents offered by economists at the Federal Reserve Bank of Minneapolis and Wells Fargo the week before Christmas: A slowing economy that appears will avoid slipping into a recession in 2008. [Continue]
Curt L. Hage, chairman and CEO of Home Federal Bank in Sioux Falls, S.D., and immediate past chairman of the South Dakota Bankers Association, and William A. Donius, chairman and CEO of Pulaski Bank in St. Louis, were named to the Federal Reserve Board Thrift Institutions Advisory Council. TIAC is an advisory group of 12 … Read more
The economic crystal ball for 2008 grows hazier by the day. For all the positive signs such as rising agricultural commodity and land prices, and consumer spending, negatives like the housing slowdown and lower levels of profits at big banks make some economists nervous. [Continue]
A South Dakota bank seeking to become an industry leader in the Great Plains region found a partner for its plans in an Australian bank that wants to extend its reach into U.S. agricultural lending. [Continue]
The Wisconsin Bankers Association says the merger is another example of credit unions moving away from their primary mission of serving low and moderate income members. [Continue]
Iowa’s Hedrick Savings bank grows rural presence; S.D. branch to serve under-banked; Minnesota regional moves through metro [Continue]
First Capital Partners LLC has acquired a Wisconsin maker of plastic film and bags for industrial use and a Washington company that offers outsource business services to the financial services industry. [Continue]