State Filings – Midwest (December 2022)
Midwest-based banks reported their filings. [Continue]
Print Issue: 2022-December Edition
What a difference a year makes!
Things can certainly change over the course of a year. The interest rate environment is completely different than it was at the beginning of the year. [Continue]
Combine internal and external technical expertise
Community banks could take a mostly hands-off approach to IT … but should they? The key often lies in the amount of technical knowledge required and the availability of resources. [Continue]
Four ways to grow your Gen Z client base
With inflation here and a potential recession just around the bend, many of those who were once interested in big ticket items or major financial decisions have now focused on budgeting for the sky-high prices of everyday essentials. [Continue]
Deposit interest expense in the era of open banking
Are bankers prepared for rising interest rates causing an accelerated fluidity of funds flow? Bankers who buy in to open banking will find that it could be antithetical to their objectives to hold the line on cost of funds as interest rates rise. [Continue]
Fintech tool marries personalization, financial wellness
Finotta is a new fintech operating out of Overland Park, Kan. BankBeat spoke with Parker Graham, founder and CEO, and Kelsey Houghton, chief product officer, about their “gamified” approach to financial wellness. Q: The mobile banking app space has gotten pretty crowded. How does Finotta find a place in the mix? Parker Graham: As the … Read more
Treat your digital transformation journey like a marathon
To be successful you need consistency day-in and day-out, rain or shine. Even on days when you feel like you failed or if conditions outside your control prevented your planned run. [Continue]
Five hot topics to keep an eye on in 2023
Bankers face many challenges heading into next year. The possibility of a recession, rising interest rates and high inflation are all posing headwinds for banks. [Continue]
Wisconsin partners navigate M.O.E. hurdles
n ambitious merger of equals is underway in south central Wisconsin, bringing together two Madison-area organizations. The merger involves SBCP Bancorp, Inc., the holding company for the $1.6 billion State Bank of Cross Plains, and Monona Bankshares, Inc., the holding company for $1.17 billion Monona Bank. [Continue]
Transition resources help family-owned banks prepare for succession
Within families that own banks, there can be a disconnect between parents who control the bank and children in line to take their place. The work of family-owned banks across the Upper Midwest and the Prairie Family Business Association proves that those hurdles can be overcome. [Continue]