Community bank-focused P2P app launched

ExcheQ, the peer-to-peer payment app developed by Twin Cities-based North American Banking Company, launched August 1.  The app, which had been under development for several years, got a significant boost in February when North American teamed with United Bankers’ Bank, Bloomington, Minn., to offer ExcheQ to UBB clients.  ExcheQ LLC., is jointly owned by NABC, … Read more

Associated to acquire Illinois bank

Green Bay’s Associated Bank is acquiring The First National Bank in Staunton, Ill., in an all-cash deal worth $76.3 million. Founded in 1934, First National has $543 million in assets and $439 million in deposits. It has nine offices  in the Metro East region of the St. Louis Metropolitan Area. [Continue]