Ohio bank benefits from its own ingenuity

The creativity that helped Richwood Bank launch a marketing consultancy has also helped the bank increase its lobby traffic and support its local economy. In 2015, when Richwood Bank decided to update its lobby, it needed to respond to two consecutive years of decline in lobby traffic. Bank CEO Chad Hoffman wanted to create a fresh experience in order to turn that decline around. [Continue]

New bank revitalizes downtown space, retiring banker’s career

Alan Baldwin was all set to retire from a 30-year banking career in Pacific, Mo., when he  found a unique opportunity with a competitor bank. A little more than a year later, Baldwin finds himself re-energized in the role of executive vice president of First State Community Bank, headquartered in Farmington, Mo., greeting customers and giving tours of the historical décor featured in the bank’s newly-opened branch. [Continue]

Attorney’s skill helps Wisconsin town reimagine itself

In 1993, Uniroyal Goodrich Tire Company announced it would close its Eau Claire, Wis., factory, costing the west central Wisconsin community 1,300 jobs. Not long after, SSI, a supercomputer startup bankrolled by IBM that was expected to add 1,000 tech jobs to Eau Claire, failed instead. It was a one-two punch that hobbled the traditionally blue-collar community of 65,000 just as Jeff Halloin was moving his family, including two-year-old triplets, back to town. [Continue]

Branch-free bank boosts bottom line

Executives of First Internet Bank, Indianapolis, told investors in late January that the bank posted record earnings in 2018, particularly in commercial and consumer loans and its specialty lending areas, including single tenant lease financing, public finance, healthcare finance, and horse trailer and recreational vehicle lending. [Continue]