St. Louis Fed’s Bullard discusses a “soft landing” in 2020
Federal Reserve Bank of St. Louis President James Bullard discussed a possibe “soft landing” for the economy following the GDP growth of previous years. [Continue]
Federal Reserve Bank of St. Louis President James Bullard discussed a possibe “soft landing” for the economy following the GDP growth of previous years. [Continue]
Federal Reserve governor Lael Brainard urged careful consideration of the Community Reinvestment Act proposal put forth by the FDIC and the OCC. [Continue]
Tony Cortilet, the noxious weed and cannabis program supervisor with the Minnesota Department of Agriculture, said there’s a lot of money in the hemp industry, but also a lot of risk. Cortilet also explained that producing CBD isn’t farmers’ only option. [Continue]
Central Bancshares, Inc., Muscatine, Iowa, completed its purchase of Walcott Trust and Savings Bank of Walcott, Iowa in December. [Continue]
The Otto Bremer trustees released a filing in response to Bremer Financial Corp.’s lawsuit, stating that the trust has the legal right to sell the bank. [Continue]
Heartland BanCorp, Whitehall, Ohio, the holding company for Heartland Bank, agreed to acquire Victory Community Bank, Fort Mitchell, Ky. [Continue]
The 5,256 commercial banks and savings institutions insured by the FDIC made $57.4 billion in aggregate net income in third quarter 2019, down $4.5 billion or 7.3 percent from a year ago. [Continue]
Gate City Bank, Fargo, N.D. will open five new offices inside community-based grocery stores throughout Minnesota and North Dakota in 2020. [Continue]
American Bank & Trust, Wessington Springs, S.D., broke ground for a new branch in Sioux Falls for its 14th location in the state. [Continue]
Meta Financial Group, Inc., Sioux Falls, S.D., reached an agreement to sell its community bank division to Central Bank, Storm Lake, Iowa. [Continue]