John Cohron, CEO of JMFA, joins BankBeat Publisher Tom Bengtson to discuss the role of overdraft programs in the current environment, as some bigger banks look to eliminate or reduce them and some Democrat legislators turn increased scrutiny to their usage. [Continue]
Sharp reductions in face-to-face restaurant and retail interactions during the Covid-19 pandemic last year resulted in fewer U.S. debit card transactions, a trend not seen in more than 15 years. Also for the first time in the study’s history, debit spending surpassed credit spending. [Continue]
Merchants Bank of Indiana added a pair of vice presidents, Mark Harville as SBA business development officer and John Rinker in business banking. [Continue]
Indiana Bankers Association Chair Michael S. Zahn was honored as a Sagamore of the Wabash by Gov. Eric J. Holcomb on Aug. 15. [Continue]
For banks actively looking to expand brands, footprints and balance sheets via acquisitions and organic growth, bank stock financing can be a great solution. This low-rate environment also makes it an attractive opportunity to refinance existing debt. [Continue]
The New Market Bank board of directors recently announced President Anita Drentlaw will also serve as CEO, taking over responsibilities from her father, Bob Vogel. [Continue]
Credit conditions remained strong in 1Q 2021 as U.S. consumers continued driving the economic recovery, according to the American Bankers Association’s latest quarterly Credit Card Market Monitor. [Continue]
Contactless payments have continued their pandemic surge, according to a report from the U.S. Payments Forum. [Continue]
Indiana State Sen. Andy Zay, R-Huntington, was presented with the 2021 Legislator of the Year by the Indiana Bankers Association. [Continue]
Wisconsin’s Bank First is planning to open a new, environmentally-friendly operations center in its home city of Manitowoc. [Continue]