Credit card trends returning to pre-pandemic norms
Increases in mortgage and credit card balances drove aggregate household debt balances up by nearly 2 percent in the third quarter. [Continue]
Increases in mortgage and credit card balances drove aggregate household debt balances up by nearly 2 percent in the third quarter. [Continue]
“Our focus at MBA has and will always be on how we can best be an advocate and resource for our members,” Cook said. “I am extremely proud of the remarkable MBA staff and their dedication to the banking community.” [Continue]
Moline, Ill.-based QCR Holdings is acquiring Springfield, Mo.-based Guaranty Federal Bancshares next year in a more than $150 million deal. [Continue]
Community banks should intertwine their in-person and digital offerings and address weaknesses in today’s channel-centric digital approach. [Continue]
As reported by the Star Tribune, the St. Paul measure caps rent hikes at 3 percent beginning next year. [Continue]
Sixty percent of responding banks offer favorable products for older customers, the report stated, an increase from 53 percent in 2019. [Continue]
Wintrust Financial Corp. and its wholly-owned subsidiary, Lake Forest Bank & Trust, have agreed to purchase approximately $570 million of loans from The Allstate Corp. and become the preferred national lender to Allstate lenders. [Continue]
The pending transaction was announced Tuesday and is expected to be completed by early next year. [Continue]
Hunt announced his pending retirement Wednesday during the November meeting of the CBA board of directors. [Continue]
The combined organization will operate under the First Merchants name and have $17.6 billion in combined assets and 122 banking offices in Indiana, Michigan, Ohio and Illinois. [Continue]