One Community Bank welcomes Advisory Board member

Oregon, Wis.-based One Community Bank welcomed Valerie Renk to its Advisory Board.  Renk is CEO of Habitat for Humanity Dane County. She has a bachelor’s degree from the University of Wisconsin Madison.   “I am delighted to have the opportunity to work with [Renk] on the One Community Bank Advisory Board,” said Independent Chair Jim Walker. … Read more

Congressional scrutiny grows over SVB, Signature collapses

Congress has scrutinized the work of financial regulators for their work in supervising Silicon Valley Bank and Signature Bank. In a March 20 letter, House Committee on Financial Services Chair Patrick McHenry (R-N.C.) and Senate Banking Committee Ranking Member Tim Scott (R-S.C.) requested Federal Reserve Chair Jerome Powell provide a timeline of events of the … Read more

Understanding deposit pricing stats

In times of volatility, it is critical to know how to interpret aggregated cost of funds data and correctly understand the pricing marketplace today. You may be familiar with Mark Twain’s opinion of statistics — “There are three kinds of lies: Lies, damned lies and statistics.” [Continue]

Centier Bank donates $2,500 to local nonprofit

Merrillville, Ind.-based Centier Bank donated $2,500 to the Fay Biccard Glick Neighborhood Center. The Indianapolis-based facility provides assistance by offering basic needs and financial education in neighborhoods deemed ethnically and socio-economically diverse. The donation is expected to directly fund a homeownership program that helps clients looking to buy a home by providing credit reports, credit … Read more

Associated Bank hires SVP, senior credit officer

Green Bay, Wis.-based Associated Bank hired Peter Malmstrom as senior vice president and regional senior credit officer. Malmstrom, who is based in St. Paul, has more than 20 years of banking experience. “Most recently, he held the position of chief credit officer at a local community bank in Minneapolis,” the bank stated. “Prior to that, … Read more

Northwest Bank donates $50,000 to local school district

Iowa-based Northwest Bank donated $50,000 to Humboldt Community School District for a new multi-purpose athletic training facility.  The addition, expected to be completed in September, will include a practice gym, weight room, turf area and additional space for wrestling. Humboldt Superintendent Jim Murray accepted the donation on behalf of the school district. “Northwest Bank is … Read more

Port Washington State Bank hires VP, bank secrecy officer

Wisconsin-based Port Washington State Bank named Joe Loebl vice president and bank secrecy officer.  Loebl has 17 years of experience in financial services, including 13 as a Bank Secrecy Act and Anti-Money Laundering compliance professional. Loebl has a Bachelor of Arts degree from Denison University, Granville, Ohio. Loebl, who is certified by the Association of … Read more