Wisconsin banks merging
Brookfield, Wis.-based FFBW, Inc., has agreed to buy Mitchell Bank, Milwaukee. [Continue]
Mutual of Omaha to change logo
Nebraska’s Mutual of Omaha is launching several new initiatives to address racial equity and social justice, including the removal of Native American imagery from its logo. [Continue]
Old National launches partnership to support minority businesses
Evansville, Ind.-based Old National Bank has launched a partnership to promote and support Minority Business Enterprises. [Continue]
July RMI improves slightly
The Creighton University Rural Mainstreet Index continued to improve in July, climbing to 44.1 The index is still well below growth neutral, but up from June’s 37.9 and April’s record low 12.1. [Continue]
NBH closing branches
Denver’s National Bank Holdings Corporation is closing 12 of its branches, according to filings with the SEC. [Continue]
Sumner banks merging
Independence Bancshares, Inc., Independence, Iowa, has inked a deal with PSB Corporation, Wellsburg, Iowa, to acquire its subsidiary First State Bank, Sumner, Iowa. [Continue]
Indiana CU signs bank deal
Crane Credit Union, Odon, Ind., will buy Community State Bank of Southwestern Indiana, Poseyville. [Continue]
Park Financial buys rest of Mesaba Bancshares
Duluth’s Park Financial bought the rest of Mesaba Bancshares two years after it initially purchased a non-controlling interest from founder Chuck Gesm. [Continue]
Indiana CU to buy bank
Heritage Federal Credit Union in Newburgh, Ind., has agreed to buy The Elberfeld State Bank, with the deal set to close in the first quarter of 2021. [Continue]
Supreme Court: President can fire CFPB director at will
In a 5-4 decision, the Supreme Court has ruled that the current structure of the Consumer Financial Protection Bureau is unconstitutional, although it left its existence intact. [Continue]