In the community of Fond du Lac, Wis., where the average temperatures range from a low of nine degrees Fahrenheit in January to a high of 81 in July, it’s temperate in all seasons inside Horicon Bank’s branch.
That’s because of a cooling and heating system that draws geothermal energy from far under the ground.
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The time was right.”
Brian Nicklason, president and CEO of Grand Rapids, Minn.-based Woodland Bank, knew that his growing bank needed more space. The $132 million bank had been operating for several years in a 5,000-square-foot building once occupied by a hotel and had always planned to move into a larger facility. [Continue]
Has deposit insurance changed forever? Regulators boldly protected all depositors at Silicon Valley Bank and Signature Bank when they failed. Is 100 percent coverage of bank deposits now the norm? [Continue]