Ohio banks merging in $27 million deal
Northwest Ohio-based Farmers & Merchants Bancorp, Inc., is acquiring west central Ohio-based Peoples-Sidney Financial Corp. [Continue]
Northwest Ohio-based Farmers & Merchants Bancorp, Inc., is acquiring west central Ohio-based Peoples-Sidney Financial Corp. [Continue]
Small business owners remain relatively pessimistic about business conditions, according to May’s Index of Small Business Optimism. [Continue]
St. Cloud, Minn.-based Stearns Financial Services is selling its one-branch Stearns Bank Holdingford, NA, charter to the Canadian digital banking and cybersecurity firm VersaBank. [Continue]
Leawood, Kansas-based CrossFirst Bankshares is entering Colorado and New Mexico by buying Clayton, N.M.-based Farmers & Stockmens Bank. [Continue]
The American Bankers Association and Consumer Bankers Association reiterated their opposition to the Overdraft Protection Act on June 13. [Continue]
Iowa City-based MidWestOne Bank has completed its acquisition of Iowa First Bancshares Corp., Muscatine. [Continue]
Year-over-year inflation hit 8.6 percent last month, the largest increase since December 1981, according to the U.S. Bureau of Labor Statistics. [Continue]
First Waterloo Bancshares announced June 9 that it is acquiring Village Bancshares, Inc., St. Libory. [Continue]
Bank economists expect currently solid business and consumer credit markets to weaken over the next six months. [Continue]
Total assets in federally-insured credit unions jumped nearly 9 percent in the first quarter of this year to $2.12 trillion, according to NCUA data. [Continue]