Rising Stars 2023: Luke Donnenwerth
Bank Midwest Market President Luke Donnenwerth is being honored as a BankBeat magazine 2023 “Rising Star in Banking.” [Continue]
Fargo-based Gate City Bank marks 100 years with Minnesota expansion
Fargo, N.D.-based Gate City Bank is crowning its centennial with an expansion into Minnesota’s Twin Cities market. The $3.2 billion bank is pairing it with a record-setting donation that exemplifies its commitment to the communities in which it operates. [Continue]
Rising Stars 2023: Tom Mews
First National Community Bank President Tom Mews sees his professional responsibilities as spanning far beyond the walls of his northwest Wisconsin bank. [Continue]
Rising Stars 2023: Charlie Bauman
In the waning days of 2021, Charlie Bauman was asked to consider the following proposition: Leave his position at a profitable and respected banking organization to join what organizers hoped would soon be the first de novo bank to open in the region in 14 years. [Continue]
Rising Stars 2023: Josh Hogue
For his leadership at Reliabank and beyond, Josh Hogue is being honored by BankBeat magazine as a 2023 “Rising Star in Banking.” [Continue]
Recent failures revive questions of moral hazard and TBTF
The banking industry is revisiting previous discussions surrounding moral hazard and the concept of ‘too-big-to-fail’ banks following the failures of Silicon Valley Bank, Signature Bank and First Republic Bank. [Continue]
Meeting needs with a neobank
Successful people reimagine how things should be done, according to entrepreneur Mark Cuban. “They don’t ask people what they would want. They envision a complete reapplication. Then they decide what to do with what they just created.” With that definition, Totem Bank could end up being the poster child for entrepreneurial success. [Continue]
Filling a Native Niche
Offering financial services to members of Federally recognized tribes can be a complicated endeavor. In order to meet those needs, different solutions have been created. [Continue]
Specialized lending is an underutilized — yet effective — strategy for community banks
Niche lending is an underutilized business strategy for community banks that requires patience, specialized expertise and mastery of the core tenets of banking, according to industry experts and market participants.
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Iowa-based Lincoln Savings Bank uses measured approach to grow BaaS program
Iowa-based Lincoln Savings Bank’s banking-as-a-service program proves that community banks can successfully build fintech partnerships by properly scaling the offering and hiring experienced risk compliance executives. [Continue]