A recent Federal Reserve report found that small businesses without employees were more successful in obtaining Paycheck Protection Program funding from community banks than larger financial institutions and credit unions. [Continue]
A July economic indicator report recently released by Creighton University/Heider College of Business predicts “very strong growth” over the next three-six months but is also indicating inflation and a plummeting confidence index. [Continue]
The meteoric rise of the cryptocurrency market is leaving state and federal regulators cautioning that the industry is not sufficiently protecting investors and operates “like the Wild West.” [Continue]
The merger is expected to be completed in 1Q 2022, subject to approval by bank regulatory authorities and the shareholders of both Finward Bancorp and Royal Financial. [Continue]
A J.D. Power study recently found that relief efforts and quick adjustments to digital solutions during the pandemic earned mortgage servicers high levels of customer satisfaction. [Continue]
A pair of Louisville, Ky., companies are joining forces, with Stock Yards Bancorp, Inc., acquiring Commonwealth Bancshares in a cash and stock deal worth $153 million. [Continue]
Consumer sentiment dropped 5 percent in July due to inflationary concerns, according to a July University of Michigan Consumer Sentiment Index. [Continue]
BankIowa of Independence, Iowa, has entered into an agreement to acquire fellow Iowa financial institution Rowley Savings Bank. [Continue]
Despite continued uncertainty surrounding the trajectory of Covid-19, optimism among small and middle market businesses is rebounding. [Continue]
In a pair of transactions, Illinois-based First Mid Bancshares is acquiring Delta Bancshares Company in St. Louis, Mo., as well as a loan and deposit portfolio in the city. [Continue]