First State Bank acquiring Farmers and Merchants Bank
Loomis, Neb.-based First State Bank is expanding in the south-central part of the state by acquiring Axtell-based Farmers and Merchants Bank. [Continue]
Loomis, Neb.-based First State Bank is expanding in the south-central part of the state by acquiring Axtell-based Farmers and Merchants Bank. [Continue]
Poplar Bluff-based Southern Missouri Bancorp is acquiring Citizens Bancshares in a $140 million stock-and-cash transaction. [Continue]
The Biden administration is expressing support for creating a central bank digital currency while saying more research is needed on the plan. [Continue]
Manufacturing output increased by 0.1 percent in August, and is 3.3 percent above its year-earlier level, according to a Federal Reserve report. [Continue]
Jasper-based Springs Valley Bank & Trust President and CEO Jamie Shinabarger has been elected the 2023 chair of the Indiana Bankers Association. [Continue]
Bank CEOs expressed more optimism over economic conditions this month but are still wary of the future as recessionary fears continue. [Continue]
Wilmington, Del.-based The Bancorp Bank plans to move its headquarters to Sioux Falls, S.D., early next year. [Continue]
Ames-based VisionBank of Iowa will acquire fellow central-Iowa-based Legacy Bank later this year. [Continue]
Optimism among small business owners improved in August but remained lower than average, according to the National Federation of Independent Business. [Continue]
The Federal Reserve Open Market Committee will need to continue raising interest rates to cool historically high inflation rates, said Esther George, president of the Federal Reserve Bank of Kansas City. [Continue]