Heartland Bank enters Ky. and Cincinnati market
Heartland BanCorp, Whitehall, Ohio, the holding company for Heartland Bank, agreed to acquire Victory Community Bank, Fort Mitchell, Ky. [Continue]
Banks pull in $57.4 billion in the third quarter
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]
Fargo bank opens grocery branches
Gate City Bank, Fargo, N.D. will open five new offices inside community-based grocery stores throughout Minnesota and North Dakota in 2020. [Continue]
South Dakota bank breaks ground
American Bank & Trust, Wessington Springs, S.D., broke ground for a new branch in Sioux Falls for its 14th location in the state. [Continue]
S.D. holding company sells community banking division
Meta Financial Group, Inc., Sioux Falls, S.D., reached an agreement to sell its community bank division to Central Bank, Storm Lake, Iowa. [Continue]
Customers more satisfied with banks than CUs, report shows
For the first time since the inception of the American Customer Satisfaction Index, banks had a higher customer satisfaction than credit unions. [Continue]
Kansas City bank acquires trust company
UMB Bank, Kansas City, Mo., reached an agreement to acquire the corporate trust businesses of Commerce Trust Company, a division of Commerce Bank. [Continue]
Iowa bank expands, preserves historic structure of community
Instead of demolishing a tro houses, Lincoln Savings Bank, Reinbeck, Iowa, coordinated financing of the complex project to preserve the historic buildings. [Continue]
Bank First to acquire Timberwood
Manitowoc, Wis.-based Bank First Corporation signed an agreement with Tomah Bancshares to acquire Timberwood Bank in an all-stock transaction worth $32.6 million. [Continue]
Bell Bank opens Duluth office
Fargo’s Bell Bank is moving into the Duluth, Minn., market with an office that accepts deposits and issues loans on the 200 block of West Superior Street. [Continue]