Brownsburg, Ind.-based State Bank hired Dana Howard as vice president, director of human resources, and Jim Badger as VP, senior marketing manager. Howard has more than 17 years of banking and human resources experience. Howard graduated from Indiana Tech, Fort Wayne, with an associate degree in business administration, and bachelor’s degrees in business administration and … Read more
Merrillville, Ind.-based Centier Bank promoted Laura Demeter to vice president, deposit product manager. Demeter had served as the Centier’s regional sales manager since 2014 and oversaw the bank’s initial retail expansion into the Indianapolis and Lafayette, Ind., communities. “Laura’s passion for banking is evident to anyone who meets her,” said Randy Shephard, senior vice president … Read more
Manitowoc, Wis.-based BankFirst hired Amy DeMain as vice president-retail banking and promoted Kris Wychesit to retail banking officer. DeMain has more than 21 years of retail banking experience. She has a Bachelor of Arts degree in psychology and counseling foundations from the University of Wisconsin-Stout. Wychesit joined Bank First in 2019 as a teller/customer service … Read more
Federal regulators fined Bank of America $225 million for mishandling the distribution of pandemic unemployment dollars and other public benefits. The fines included a $100 million penalty from the Consumer Financial Protection Bureau and $125 million civil fine from the Office of the Comptroller of the Currency. According to regulators, the $2.5 trillion Bank of … Read more
The U.S. economy expanded modestly over the last two months, despite slowing demand and recession fears, according to the Fed’s Beige Book. [Continue]
Fond du Lac, Wis.-based National Exchange Bank & Trust awarded 10 scholarships this year to children of employees. The students were judged on financial need, academic achievement, school involvement, work experience and other community-based factors. The scholarships, awarded in partnership with the Fond du Lac Area Foundation, are awarded annually to sons and daughters of … Read more
Madison, Wis.-based First Business Bank hired Jon Auge as vice president-equipment finance. He is based in the Greater Minneapolis-St. Paul area. Auge has more than a decade of experience in specialty lending and equipment finance. He has a Bachelor of Science degree in agriculture management from Southwest Minnesota State University, Marshall.
The introduction of interstate bank branching during the 1990s harmed small businesses and community banks, according to an FDIC working paper. [Continue]
Sun Prairie, Wis.-based One Community Bank hired Holly Brickson as a business development and treasury management professional. Brickson has helped manage events and social media content for her aunt and uncle’s restaurant, the Viking Brew Pub, Stoughton, Wis. She started her own business, Holiday Hot Cocoa Bombs, two years ago. “Being a small business owner … Read more
Wisconsin-based One Community Bank promoted Michael Adler to bank manager of its Middleton location. Adler, who has been with the bank since March, previously served as a relationship banking officer. He has more than four years of experience in banking. “I am passionate about community involvement and my role at OCB,” he said. “I love … Read more