Archbold, Ohio-based Farmers & Merchants State Bank appointed Andy Baker as regional president for its northern Indiana market. Baker was most recently an executive vice president and market manager for PNC, Pittsburgh. Baker, who has more than 27 years of banking experience, has a Bachelor of Science degree from Indiana University, Bloomington, and an MBA … Read more
Sparta, Mich.-based ChoiceOne Bank opened a loan office in the Detroit suburb of Auburn Hills, Mich. A public grand opening was held Nov. 21. Vice President Matt Ankley oversees the office. “We are extremely pleased to announce another new loan office as we grow our community bank franchise into Oakland County,” said ChoiceOne President … Read more
Banks continue to lose more money to fraud as cybercriminals utilize security lapses in digital banking, according to a recent study. [Continue]
Existing home sales fell nearly six percent in October to 4.43 million, according to a National Association of REALTORS report. [Continue]
Bridget Tally-Brill joined Manitowoc, Wis.-based Bank First as vice president of retail banking. Tally-Brill has more than 19 years of experience in the mortgage industry. She has a master’s degree from Lakeland College, Plymouth, Wis., and a bachelor’s degree from the University of Wisconsin-Platteville. “(Tally-Brill’s) background as a Realtor and involvement in the Sheboygan County … Read more
South Bend, Ind.-based 1st Source Bank recently announced several leadership changes. According to a press release, current bank President Andrea Short will also become its CEO on Dec. 1. Christopher Murray III will remain chair, president and CEO of 1st Source Bank while serving as the chair of the bank’s holding company, the $8.1 billion … Read more
Tenth District manufacturing activity declined in November, according to a recent Federal Reserve Bank of Kansas City survey. Expectations for future manufacturing were mainly stagnant or slightly positive, according to the report. The composite index, an average of the indexes for production, new orders, employment, supplier delivery time and raw materials, was -6 this month, … Read more
Fargo, N.D.-based Bell Bank hired Charlie Parkhurst and Brett Hale as commercial lenders in the Twin Cities. Parkhurst was named senior vice president for commercial real estate lending for the $11 billion bank. Hale is a vice president in commercial and industrial banking. Parkhurst graduated from Iowa State University, Ames. He has more than 17 … Read more
Heartland Bank President and Chief Lending Officer Patrick Busch will step down from his roles at the end of this year. Busch’s replacement as president will be Chief Operating Officer Lance Carter, who currently also serves as the president and COO of Heartland Bank’s holding company, the $4.2 billion, Bloomington, Ill.-based HBT Financial. Busch will … Read more
Mankato, Minn.-based Pioneer Bank promoted five officers to new roles. The promotions include residential mortgage lenders Heather Eischen, Jennifer Wiens and Carissa Lutterman to vice president; Jeff Barrett to vice president as he continues as a business banker in St. James, Minn.; and Andrea Mattes to vice president as she continues supervising the bank’s credit … Read more