Moore retiring as Dacotah Bank regional president
Aberdeen Market President Kip Hansen will be promoted to regional president. [Continue]
More News
Items with tag will appear in the news ticker at the top of the page
Anderson named new FIBT branch president
“We are very excited to welcome Melissa as our Harvey Branch President,” says Mark Friedt, market president. [Continue]
Illinois bank donates nearly $26,200 to charities
Employees of the bank’s 18 branches selected the charities. [Continue]
North Shore Bank sponsors 11 Black entrepreneurs
“We are so excited to support these deserving entrepreneurs as they continue through their journey of building and growing their businesses,” said Margaret Capper, senior vice president of commercial lending for the $2.5 billion North Shore Bank. [Continue]
Longtime Minnesota banker, former MBA president dies at 71
As reported by the Bemidji Pioneer, Welle retired as president of First National Bank Bemidji in 2020 after 35 years with the bank. [Continue]
Forward Bank donates $55,000 to nonprofits, charities
Forward Bank, including Forward Insurance and Forward Investment Services, has donated $55,000 this year to nonprofits and charities. The donations came after Forward employees nominated nonprofits and charities they believed needed more support within their communities. Using social media and printed materials, the bank encouraged communities to vote to help guide the selection of one … Read more
PPP forgiveness drives drop in C&I balances
Commercial and industrial loan balances fell by nearly 19 percent in the 3Q 2021, according to a Kansas City Fed survey. [Continue]
PPP sparks jump in small business lending
Small business and farm loans saw large increases in 2020 due to an influx of Paycheck Protection Program funding, according to FFIEC analysis. [Continue]
Oldenberg named new Security Financial Bank CEO
Security Financial Bank has appointed Mark C. Oldenberg to succeed Paul Rudersdorf as SFB president on Jan. 10. Rudersdorf is expected to continue serving as CEO of SFB and CEO and president of its bank holding company, Security Financial Services Corp., until he retires at the end of 2022. Oldenberg is then expected to assume … Read more
CRE market remains strong, challenges remain
Continued industrial real estate growth fueled stable commercial real estate conditions in the third quarter of this year, according to numbers from the FDIC. [Continue]