Colorado bank raises funds for storm victims
Bank of Colorado will be matching funds up to $20,000 raised benefitting those affected by storms in the Brush, Colo., area. [Continue]
More News
Items with tag will appear in the news ticker at the top of the page
First Interstate completes Inland Northwest acquisition
First Interstate has approximately $13.1 billion in total assets, $8.3 billion in total loans, $10.7 billion in total deposits, and 146 banking offices. [Continue]
Ohio bank solidifies NE Indiana presence
Farmers & Merchants Bancorp, Inc., Archbold, Ohio, signed a deal to acquire Limberlost Bancshares, Inc., Geneva, Ind., for about $89 million. [Continue]
Richwood Banking moving into Springfield
Ohio’s Richwood Banking Company is moving into Springfield in its first acquisition in its 150 year history, having inked a deal to acquire Home City Federal Savings Bank, Springfield. [Continue]
Bridgewater breaks ground on new corporate center
Minneapolis’ fast-growing Bridgewater Bank is looking to open a new corporate center in St. Louis Park. The approximately 84,000 square-foot, four-story building will include retail and office space and is expected to be completed in the first quarter of 2020. [Continue]
SHAZAM names new chair
Kevin Swalley, chairman and CEO of GNB Bank, Grundy Center, Iowa, was elected chair of the SHAZAM, Inc., board of directors. [Continue]
Leadership helps staff make the most of their work
Leaders succeed by identifying important goals, and they articulate powerful reasons for pursuing those goals. They set high expectations and take the actions necessary to accomplish them. Finally, they track results intensely. [Continue]
Richard named vice chair, CRO at U.S. Bank
Jodi Richard will become the new vice chairman and chief risk officer at U.S. Bank, succeeding P.W. (Bill) Parker, who previously announced his intention to retire this fall. [Continue]
Reciprocal deposits hot again, thanks to reg reform
With funding challenges becoming pervasive for community bankers, a provision inside of recently passed reg relief is prompting renewed enthusiasm for reciprocal deposits. [Continue]
Cybersecurity expert: Compliance doesn’t equal security
With bitcoin being the currency of choice for cyber criminals, perhaps the time has come for community bankers to set up a bitcoin account and keep a small balance of bitcoin on hand to pay ransom. [Continue]