Yankton banker lauded for largesse
Larry Ness, chair and CEO of First Dakota National Bank, Yankton, S.D., was honored as one of six “distinguished alumni” by South Dakota State University, Brookings. [Continue]
McFarland, Oregon banks merging in Wisconsin
A pair of Wisconsin banks are merging in the first quarter of 2020. Oregon Community Bank, Oregon, is acquiring McFarland State Bank. [Continue]
FSA program works at Montana bank
As an ag banker with a deep understanding of what it means to work in agriculture, Bank of the Rockies’ Heather Malcolm is involved in numerous initiatives to improve agriculture and banking in her home state of Montana and throughout the United States. [Continue]
Glacier to acquire Arizona bank
Montana’s Glacier Financial is buying State Bank Corp., the bank holding company for State Bank of Arizona, Lake Havasu City, for $135.3 million. [Continue]
White elected 2020 chair of Indiana Bankers
Lucas White, president of The Fountain Trust Company, Covington, Ind., has been elected 2020 chair of the board of the Indiana Bankers Association. [Continue]
Wells Fargo names new CEO
Charles W. Scharf was named CEO and president, and a member of the board, at San Francisco-based Wells Fargo, effective October 21. Scharf was chair and CEO of Bank of New York Mellon. [Continue]
Women-focused bank being organized in Chicago
A group of women has organized around the idea that women business owners aren’t being served by traditional banks; they have filed a charter application. [Continue]
Ron Hansen receives IBA’s Leach Award
Ron Hansen, former Iowa Superintendent of Banking and chair of Liberty Trust & Savings Bank, Durant, Iowa, has been presented with the Iowa Bankers Association’s James A. Leach Leadership Award. Hansen’s recognition was announced Sept. 24 at the IBA annual convention in Des Moines. [Continue]
U.S. Bank acquires fintech talech
Minneapolis’ U.S. Bank acquired talech, a Palo Alto-based software company that offers small and medium-sized businesses an integrated point-of-sale system. [Continue]
First Defiance, United Community merging
Two Ohio banking companies are merging: First Defiance Financial Corp is acquiring United Community Financial Corp in an all-stock deal worth $473 million. [Continue]