Regulators close Ohio bank
Regulators shuttered Resolute Bank, Maumee, Ohio, after finding that the bank had experienced substantial dissipation of assets and earnings. [Continue]
Farm lending is strong, but confidence droops, survey says
The October Rural Mainstreet Index climbed above 50, indicating expansion, to 51.4, which is the highest it’s been since June. [Continue]
Amid strikes, trade wars economic expansion continues
U.S. economic expansion has continued at a slight to modest pace since the last iteration of the Federal Reserve’s Beige Book. Reports from districts representing states in the southern and western U.S. generally were more upbeat than districts representing the Midwest and Great Plains. [Continue]
Country Club to acquire Kansas bank
Kansas City, Mo.-based CCB Financial Corporation, the holding company for Country Club Bank, agreed to acquire Bank of the Prairie of Olathe, Kan. [Continue]
Wisconsin bank to open branch
Community State Bank, Union Grove, Wis., will open a new branch in Kenosha, Wis. [Continue]
Indiana CU buys bank, continues trend
Indiana Members Credit Union agreed to purchase Commerce Bank, Evansville, Ind., just two weeks after another Indiana CU community bank acquisition. [Continue]
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]