In 2009, Sunrise Banks became a Certified B Corp, one of only a handful of financial institutions across the country to do so. The bank also became a legal Minnesota benefit corporation in 2015, shortly after the state made that designation available. [Continue]
UMB Financial Corp., based in Kansas City, Mo., has drawn new attention from Wall Street, with Merrill Lynch rating it a “Buy,” due in part to its efforts to create long-term value by gaining market share across geographies and its various business lines. [Continue]
In the last 18 months, the CEO has steered the bank through construction of a new headquarters, a rebranding, hiring a president and buying another bank — all while remaining active on the board of the Minnesota Chamber of Commerce and the Community Depository Institution Advisory Council for the Federal Reserve Bank of Minneapolis. [Continue]
A year after Old National Bancorp of Evansville, Ind., closed on its acquisition of Anchor Bancorp of St. Paul, Minn., former Anchor Chief Financial Officer Dennis Nisler offers insight into how the deal came together. [Continue]
First Financial’s mission, which is also Sharon Manke’s frontline effort, is all about making the community a better place. The bank contributed more than 15,000 hours of volunteer service in 2017, with Manke offering up the equivalent of 46 work days as a volunteer. [Continue]
A few Novembers back, Betty Yott stood on Capitol Hill amid a sea of human resources managers, warmed by adrenaline and a winter coat. Yott, HR director at HomeStar Bank & Financial Services, Manteno, Ill., was part of a lobbying effort to fight proposed changes to 401(k) plans and employee tuition assistance benefits. [Continue]
From a stint in bank consulting to integrating six failed bank acquisitions to implementing an automated risk reporting structure, Karin Taylor, senior vice president and chief risk officer of MidWestOne Bank brings an eagerness to tackle challenges. [Continue]
Each year, the 24-person staff at Dacotah Bank, Valley City, N.D., splits into squads and competes to raise money for a cause. The game stokes laughter and goodwill within the office, but more importantly “enhances teamwork and brings everyone together around a common goal,” said Paige Bjornson, Dacotah’s senior business banker. [Continue]
It’s not often you find part of a banker’s credentials on IMDb, the internet movie database. And while it may not be an obvious start to a financial services career, Katie Incantalupo’s foray into acting during high school helped prepare her for the position she now holds at Star Bank. [Continue]
From a regulatory perspective, the expectations placed on boards of directors have changed tremendously over the years. In response to the banking crisis, Congress included provisions within the Dodd-Frank Act of 2010 that gave more responsibilities to directors for regulatory compliance and risk management functions while also increasing fiduciary liabilities. [Continue]