Duluth area banks merging

National Bank of Commerce in Superior, Wis., is buying Republic Bank in Duluth. Founded in 1974, Republic Bank has $418 million in assets and six offices. [Continue]

Piper Jaffray merging with Sandler O’Neill

Piper Jaffray Companies of Minneapolis is acquiring Sandler O’Neill + Partners, L.P. of New York in a deal expected to close in January 2020. A definitive agreement for the transaction was announced on July 9.  [Continue]

BankBeat teams with BankNews

This merger is a significant development for the two companies, but more importantly, for you, the community banker who turns to us for industry news, information and analysis. Like BankBeat, BankNews magazine has a history that goes back more than a century. [Continue]

Jeff Plagge named Iowa Superintendent of Banking

Jeff Plagge, president and CEO of Northwest Financial Corp., Arnold’s Park, Iowa, has been named Superintendent of the Iowa Division of Banking. Plagge will replace Superintendent Ron Hansen, who steps down Sept. 16. [Continue]

Bank Iowa invests in employees with new headquarters

Bank Iowa will prioritize an employee-centric culture with a plethora of perks at its new corporate headquarters in West Des Moines, Iowa. “It can be tempting to build a space for the work, but we wanted to build for the people who do the work,” said Bank Iowa CEO Jim Plagge, who kicked off the June 27 open house, which will be hosted in partnership with the West Des Moines Chamber of Commerce, with remarks at 4:15 p.m. [Continue]