Supply manager sentiments fell once again in December as recessionary fears continued to grow, according to Creighton University’s Mid-American Economy report. The Business Conditions Index fell by one point to 47, the second straight month that the reading has been below the growth-neutral score of 50. Approximately 60 percent of supply managers said the economy … Read more
Medford, Wis.-based Prevail Bank donated $17,200 to nine local nonprofits this month as part of its Holiday Matching Funds campaign. Prevail Bank matched up to $1,000 per each branch where donations were collected. Donations this year included: $5,095 to Owen Withee Food Pantry $2,920 to Sauk County Children’s Giving Tree $2,620 to Eau Claire County … Read more
Madison, Wis.-based First Business Bank hired Eric Flores as vice president-portfolio manager to join its private wealth group and Kevin McCloud as vice president-wealth adviser. A licensed CPA, Flores recently sat for the Level II Chartered Financial Analyst exam. He has a bachelor’s degree of business administration in accounting from the University of Dubuque in … Read more
Employees of Sparta, Mich.-based ChoiceOne Bank donated to 28 local nonprofits this year as part of an employee “Jean Day” program. A press release states that employees of the $2.4 billion bank started the program years ago to raise money for local nonprofits. By making biweekly donations to ChoiceOne’s “Jean Day” fund, employees could wear … Read more
Winona, Minn.-based Merchants Bank helped raise 260,374 pounds of food this year through its annual “10 Days of Giving” food drive. The drive netted $120,951 in cash and nearly 18,500 pounds of food. Merchants Bank, which collaborates on the program with nonprofit Winona Volunteer Services, collected donations at branches and participating area schools, businesses and … Read more
Indiana-based First Bank Richmond appointed Paul Witte as president and chief operating officer. The appointment, effective Jan. 1, was announced in a Dec. 21 regulatory filing. Garry Kleer will shed his role as president and retain his position as chair and CEO of First Bank Richmond following Witte’s appointment. Witte, 51, has worked at the … Read more
Merrillville, Ind.-based Centier Bank donated $5,000 to the Griffith, Ind., Police Department to help purchase K-9 unit equipment for canine training in tracking wanted or missing persons, detecting illegal drugs and protecting the safety of police officers. The unit includes dogs who are trained in obedience, protection and searches, tracking and criminal apprehensions to help … Read more
Terry Williams was named chief information officer for Green Bay, Wis.-based Associated Banc-Corp. Williams’ hire is effective Jan. 17. He has more than 30 years of strategic information technology and global operations experience. Williams most recently served as CIO and chief technology officer for the engineering, consulting and technical service firm Belcan, LLC. He has … Read more
Jasper, Ind.-based German American Bancorp, Inc., appointed Angela Curry to its corporate board of directors effective Jan. 1. Curry, general counsel and vice president for legal affairs at the University of Louisville in Kentucky, will assume a seat on the board Jan. 1. Curry was appointed as the university’s interim chief of staff in 2021. … Read more
Minnetonka, Minn.-based Luminate Bank named Marc Campbell as CEO. Campbell has more than 30 years of experience in community banking, including in leadership, compliance, operations, finance, credit and sales. Campbell has been with Lake Area Bank since 1997 and served as president and CEO from 2007-2022. The $150 million Luminate Bank was formed after Minnetonka-based … Read more