Northeast Iowa banks to merge
AJJ Bancorp, Inc., which operates Central State Bank, Elkader, will acquire Swisher Bancshares, Inc., and subsidiary Swisher Trust & Savings Bank, Swisher. [Continue]
Writer: BankBeat
Associated names new CIO
Michael Meinolf was promoted to executive vice president and chief information officer at Associated Bank, effective September 11, 2018. [Continue]
Senior execs encourage mid-career rising stars
Four bank executives encourage mid-career bankers to be proactive if they seek to advance their careers, always ready to tackle a project. [Continue]
Bank First brushes up branch network
Wisconsin’s Bank First will be building two new branch buildings in Oshkosh and Iola, Wis., and remodeling one current office in Waupaca, Wis. [Continue]
Frandsen picks up college tuition tab
In what is becoming a yearly tradition, Minnesota banker Dennis Frandsen is picking up the college tab for several classes of high school seniors. [Continue]
North Dakota bank underwrites ice rink
North Dakota’s The Bank of Tioga announced a gift of $12,500 for development of an outdoor ice rink as part of the new Tioga community center. [Continue]
PODCAST: Today’s funding challenges
Steve Daggett, president and CEO of Midwest Bank, Detroit Lakes, Minn., talks about how his bank overcame asset quality issues, his approach to today’s funding challenges, and why he thinks regulators who see brokered deposits as a problem are missing the mark. [Continue]
Survey indicates alternative data gaining acceptance in credit decision-making
More than three quarters of lenders rely on a credit report plus additional information when making a credit decision, according to a recent report. [Continue]
U.S. Bancorp subsidiary buys payments processor
A subsidiary of U.S. Bancorp, Minneapolis, has acquired Electronic Transaction Systems, a financial technology company based in Virginia. [Continue]
U.S. Bank restructures in advance of vice chair retirement
The bank’s community banking & branch delivery division is merging with its consumer banking sales & support department as John Elmore retires in 2018. [Continue]