Three of four banks restructuring farm loans
Almost three quarters of respondents to the monthly the Creighton University Rural Mainstreet Index survey have restructured farm loans to deal with weak farm income. [Continue]
Writer: BankBeat
Security Financial stocks shelves
Area food pantries will be able to buy more food for those in need in five area communities thanks to a donation from Security Financial Bank, Durand, Wis. [Continue]
First State in Bayport names president
Jason Howard has been named president of First State Bank & Trust, Bayport, Minn., as part of the bank’s planned succession. [Continue]
Otting to leave OCC
Joseph Otting plans to resign from his position as Comptroller of the Currency. His last day will be May 29. [Continue]
Wisconsin Bank & Trust hires new CEO
Wisconsin Bank & Trust, Madison, Wis., a subsidiary of Heartland Financial USA Inc., hired Brent Giles as its new CEO. [Continue]
Security Financial to buy Jackson County Bank
Durand, Wis.-based Security Financial Services Corporations has agreed with Wisconsin Bank Services, Inc., to acquire its subsidiary Jackson County Bank, Black River Falls, Wis. [Continue]
First Farmers gives food banks a boost
Converse, Ind.-based First Farmers Bank & Trust, in partnership with pork producers and processors throughout the state, has initiated a direct assistance program to provide protein to food banks throughout Indiana and eastern Illinois. [Continue]
McDonald to lead SBA’s Minnesota district
The Small Business Administration has selected Brian McDonald to be the district director of its Minnesota District Office. [Continue]
Kerndt Brothers Bank makes a splash
Kerndt Brothers Bank in Lansing, Iowa, recently announced a donation of $5,000 to support the New Albin Improvement League’s Splash Pad Project. [Continue]
Bankers’ Bank adds correspondent banker
Jim Houston joined Bankers’ Bank, Madison, Wis., as vice president, correspondent banker, in the company’s Bloomington, Ill., office. [Continue]