ICBM Chair finds similarities between banking, radio
New ICBM chair’s applicable radio past. [Continue]
S.D. bank expands in Minnesota
Two century-plus old banks expand across state lines. [Continue]
Capital plan directs MBT Financial to generously pay dividends
Investors note dividend policy at Michigan bank. [Continue]
Brightening Days: Lakeville bank weathers crisis
Opening a few years before the financial crisis, a Minnesota bank is finally enjoying strong growth. [Continue]
Diminishing Deposits: Banks seek alternative funding possibilities
Banks see need to focus on deposit growth as improving economy spurs loan demand. [Continue]
Charter Considerations
The pace of national banks converting to state charters remains notable, as bankers seek cost savings and supervision from local regulators. [Continue]
Faster Payments
With publication of the final report from the Fed’s Faster Payments Task Force, effort to update payments system intensifies. [Continue]
ON TOPIC: Lessons Learned
Minneapolis Fed official identifies three lessons learned. [Continue]
Straight Talk: Ideas from an online lender
If you want to know how to market to millennials, watch Social Finance, the online lender that calls itself SoFi. This is the company that started out refinancing student loans, but now also makes personal loans and mortgages. It just applied for a charter to operate an industrial bank in Utah, which would give it … Read more
West Central names new president, CEO
Zachary Flinn was promoted to president of the Ashland, Ill., bank, and J.R. Blair was named CEO of its holding company West Central Bancshares, [Continue]