Cadott, Wis.-based Citizens State Bank is acquiring the north-central Wisconsin-based Community Financial Bank. By purchasing the Prentice, Wis.-based bank, Citizens State Bank will grow into a $220 million, seven-branch institution. The deal is expected to close in the first quarter of next year.  As of June 30, Citizens State Bank had $109 million in net … Read more

Credit card debt is on the rise amid continuing high inflation and interest rates, according to a recent report. [Continue]

Rosemont, Ill.-based Wintrust Financial Corporation is acquiring two New York City asset management businesses. [Continue]

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Illinois-based Savanna-Thomson State Bank is acquiring West Des Moines-based Fidelity Bank, a merger that will create a $200 million institution. [Continue]

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A central bank digital currency would enable faster payments, according to research from the New York Fed. [Continue]

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Agricultural lenders view soaring interest rates and high inflation as the top two issues of 2023, according to an ABA survey. [Continue]