Internet service partnership puts West Bank in line to attract deposits
West Bank of Des Moines, Iowa, has struck up a partnership with a new internet-based social network that may bring in millions of dollars in deposits. [Continue]
Building for Success
Well-designed facilities help banks offer better customer experience. [Continue]
Achieve your goals
Five keys can help managers unlock path to success. [Continue]
Straight Talk: Smart networking
Since the advent of the world wide web in 1994, analysts have been telling us the internet will change the way we do business. While most banks have incorporated the internet into their business operations, most havent delved into the cyber realm of social networks. Two financial institutions, however, are involved with very intriguing web … Read more
National News
Economy slowing Economic growth has slowed since the beginning of the year, according to Federal Reserve banks and their Beige Book report. Two-thirds of the Fed Districts cited softening or weakening in the pace of business activity, while the others referred to subdued, slow or modest growth. Retail activity in most areas was weak or … Read more
People on the Move
Bankers Trust, a $2.1 billion bank based in Des Moines, Iowa, has hired Suku Radia to become president. His first day on the job was March 13. Radia is well known to many Iowa bankers because he headed up the banking practice at KPMG for many years before taking the chief financial officer post at … Read more
Chronicles
Minnesota surcharge-free ATM network grows; Fourth-quarter earnings show more banks reporting losses; Iowa regulator says housing crisis impacts bank liquidity; Minnesota banks help distressed borrowers get counseling; Missouri bank fails [Continue]
Sports figure sits on Illinois de novo board
Among the bank’s initial investors and board members is Vincent E. Jackson, more popularly known as Bo Jackson, the professional athlete made famous in the 1990s for doing double duty as a Major League Baseball and National Football League star. [Continue]
Straight Talk: Good Books
Many bankers traveled to central Florida recently, with both ABA’s National Conference for Community Bankers and ICBA’s annual convention taking place in Orlando. I came back from both meetings with some good reading material. Former football coach Lou Holtz, who delivered a compelling motivational message at the ICBA convention, is the author of three books. … Read more
Subprime cleanup
OTS Director offers plan for helping underwater borrowers. [Continue]