With export markets in flux and farm commodity prices slumping, some ag producers are eager to jump into the newest opportunity: Industrial hemp. Bankers who have a solid understanding of compliance risk are approaching the financing of hemp production cautiously. But what hemp introduces in addition to regulatory challenges is credit risk. [Continue]
Standing in front of a room full of more than 100 Minnesota bankers at a country club along the Mississippi river, Jennifer Docherty, a spritely New Yorker and associate general counsel at Sandler O’Neill, and managing director of Bank on Women, Inc., glided enthusiastically from her first favorite slide to her second and third favorite slides. [Continue]
For his ongoing commitment to growing his bank in an era of increasing consolidation, along with his career-long commitment to industry activism, Hopkins has been selected BankBeat magazine’s 2020 Banker of the Year. [Continue]
Go to watch the NFL’s Atlanta Falcons or MLS’s Atlanta United FC play a game at Mercedes-Benz Stadium and be prepared to use a credit or debit card or your phone to pay for everything. Whether you want a burger or a jersey, your cash is useless. [Continue]
The opioid epidemic washing across the country has impacted thousands of lives, including those of children in the Sioux Falls area. Krista Tschetter is working to make sure they’re not alone. [Continue]
Erin Procko is no stranger to trail blazing: she is the first female market president at Bell Bank, one of the largest privately-owned banks in the country and was a key player in Bell’s move into the Minneapolis market. Procko was instrumental in building the Fargo, N.D.-based Bell’s lending presence in the Minneapolis-St. Paul market, beginning from scratch in 2012. [Continue]
Keeping a small town afloat requires lots of moving cogs and cooperation, and few people know this better than Christie Obenauer, president and CEO of Union State Bank of Hazen, N.D. Egos, even among competitors, must be checked at the door. [Continue]
It’s no secret that at banks across the country — big and small — most of the people sitting in the CEO’s seat or on the board have traditionally been men. Yet, some community banks have quietly redrawn that blueprint by offering workplace initiatives, such as family friendliness, flexibility and mentoring opportunities, which foster female leadership. [Continue]
Jessica Carroll credits her mother for getting her into banking. Carroll, the first female CEO at the century-old Charleston, Ind.-based New Washington State Bank, was a child when her mom worked there as a teller. When Carroll was in college, her mom got her into the bank on a part-time basis. [Continue]
Lori Raabe has worn many hats in her three-plus decade banking career: Teller, personal banker, mortgage lender, business development officer, SBA lender, branch manager, taxidermist. Okay, that last role is figurative. [Continue]