St. Paul-based Bremer Bank recently hosted a ribbon-cutting ceremony to mark the opening of a branch in Minot, N.D. The 7,500-square-foot branch, which opened earlier this year, combines the bank’s two existing Minot branches into one location. The bank’s other branch in Minot remains open to drive-thru or walk-up customers. The space includes workstations for … Read more
Terre Haute, Ind.-based First Financial Bank N.A., will close seven branches early next year. [Continue]
Southwest Michigan-based Sturgis Bank opened a loan center last week. The loan center, in Battle Creek, Mich., is led by mortgage lenders Mike Mankerian and Michelle Kappen, both bankers with extensive local experience. Mankerian, a mortgage loan originator and vice president, joined the $782 million bank in August 2021. He has more than 25 years … Read more
Most bank executives continue to doubt the Federal Reserve’s ability to avoid a recession, according to a recent IntraFi survey. [Continue]
A record 96 percent of U.S. households were banked last year, according to the FDIC’s 2021 National Survey of Unbanked and Underbanked Households. [Continue]
Jay Schroeder joined Frankfort, Ind.-based Farmers Bank as senior vice president of people and culture. Schroeder has nearly three decades of experience in human resources. Prior to joining the $800 million Farmers Bank, Schroeder was most recently the director of HR at Carmel, Ind.-based Byrider Systems LLC. Schroeder received his Bachelor of Business Administration and … Read more
Madison, Wis.-based Bankers’ Bank hired a vice president and promoted two more to senior vice president positions. Bankers’ Bank hired Brian Mickey as first vice president, risk management solutions; and promoted David Paxton to senior vice president, risk management solutions and Jim Kluck to first vice president, risk management solutions. Mickey has three decades of … Read more
Kansas City, Mo.-based Country Club Bank associates recently donated 2,307 books to the children’s literacy nonprofit Lead to Read KC. The donation increases the number and variety of books the nonprofit uses in its reading and mentoring program for students in first through third grades who attend high-need schools in the Kansas City region. The … Read more
Longtime Minnesota and Wisconsin banker Kenneth Heiser died Oct. 22 at Regions Hospital in St. Paul from COVID-19. [Continue]
The U.S. economy grew modestly in recent weeks but remained stunted by rising interest rates and high inflation, according to the Federal Reserve’s Beige Book. [Continue]