Federal Reserve Weekly Filings for January 14

Legacy Bank & Trust Company, Mountain Grove, Mo., authorized to establish a branch in Plano and Dallas, Texas. Brookfield Bancshares, Inc., Brookfield, Ill., filed to become a bank holding company by acquiring First National Bank of Brookfield. James A. Babcock Revocable Trust, Elk River, Minn., and others, filed to acquire 25 percent or more of … Read more

Federal Reserve Weekly Filings for January 7

Legacy Bank & Trust Company, Mountain Grove, Mo., authorized to establish a branch in Tulsa, Okla. Savanna-Thomson Investment, Inc., Savanna, Ill., authorized to merge with Maximum Bancshares, Inc., and thereby acquire Fidelity Bank, both of West Des Moines, Iowa. Bradford Bancorp, Inc., Greenville, Ill., authorized to merge with Community Bancshares, Inc., and thereby acquire Community … Read more

Amazing Outside Directors 2023: Michael Felts

Michael Felts, a businessman who until recently operated a string of convenience stores across rural Kansas, had already served on the board of Citizens Bank of Kansas for a decade when the unthinkable happened: The man who’d recruited him, longtime owner and Board Chair Max Deterding, died unexpectedly.  [Continue]

Amazing Outside Directors 2023: Vicki Turnquist

When Vicki Turnquist helped start a de novo in the 1990s, she was one of only a handful of high-level female banking leaders in Minnesota. Now, more than a quarter century later, she’s leveraging a lifetime of experience as a banker, leader and mentor on the board of Citizens Independent Bank in St. Louis Park, Minn. [Continue]

Amazing Outside Directors 2023: Laura Boyd

Laura Boyd, founder and CEO of Leadership Delta, considers herself blessed to sit on the board of St. Paul, Minn.-based BankCherokee alongside people she dubs “brilliant souls.” Boyd joined the board of the 115-year-old bank just four years ago (though time might be measured differently when one factors in a global pandemic). [Continue]

Amazing Outside Directors 2023: Steve M. Scheel

Steve M. Scheel knew it was the right fit. Eight years ago, Bell Bank President and CEO Michael Solberg and his father, board chair Richard Solberg, asked the Scheels CEO to become an outside director to bring a retail-minded leader to the board of their growing bank. [Continue]