Consumer sentiment recovers, remains historically low
U.S. consumer sentiment rose nearly 11 percent early this month but remains historically low, according to a University of Michigan report. [Continue]
U.S. consumer sentiment rose nearly 11 percent early this month but remains historically low, according to a University of Michigan report. [Continue]
After 70 years of ownership, the Barlow family is selling Iowa Falls State Bank to a group of investors who plan to keep the bank local. As reported by the Iowa Falls Times Citizen on April 20, the Barlows — siblings John Barlow, Pam Angstman and Cinda Classon and their children — announced this week … Read more
First Business Bank is working withThe Negro Leagues Baseball Museum, Kansas City, Mo., to promote a commemorative coins program. [Continue]
Winona, Minn.-based Merchants Financial Group, Inc., approved a 3-for-1 stock split on April 14 after the $2.8 billion company announced record 2021 profits. [Continue]
Small business optimism fell again in March as owners expressed growing alarm over inflation, according to a National Federation of Independent Businesses index. [Continue]
Third District U.S. Rep. Dean Phillips (DFL-Minn.) visited Primrose School of West Plymouth, Minn., on April 13 to mark the record use of the Small Business Administration’s 504 Loan Program in 2021. [Continue]
State banking associations spoke against a federal bill that would allow credit unions to more easily make business loans to underserved communities. [Continue]
Credit quality and availability will weaken over the next six months after three straight quarters of strong conditions, according to an ABA index. [Continue]
Rising inflation, the war in Eastern Europe, and the possibility of new regulations caused community banker confidence to fall during the first quarter. [Continue]
Ag economists predict another solid year for farmers across the Upper Midwest as corn and soybean futures remain historically high. [Continue]