The Iowa Finance Authority has recognized top lenders from throughout the state for their efforts in advancing affordable homeownership through IFA’s programs in 2016, and Iowa Bankers Mortgage Corporation (IBMC) was named the top lender. [Continue]
KleinBank of Chaska, Minn., is one of the first community banks in Minnesota to offer a new mobile service to debit card users that helps defend against fraud and better manage spending. KleinBank’s new CardControl mobile app enables customers to turn their debit cards on or off, set spending limits, approve where and how the card can be used, and receive real time notifications. [Continue]
Nearly a third of the banks in Minnesota took part in Minnesota Bankers Community Impact Week, an attempt to further banks’ volunteerism and active roles in their communities. Ninety-six banks, and more than 250 branches, committed to a wide array of volunteer opportunities throughout the state during the week of Sept. 18-22. [Continue]
Fargo, N.D.-based Bell Bank signed a brand ambassador agreement with Minnesota native, Stanley Cup winner and Minnesota Wild hockey star Matt Cullen. [Continue]
“We are very lucky to have Megan join our team” said ICBSD Chairman Hugh Bartels, who is also a director of Reliabank Dakota, Watertown. [Continue]
Just more than a year after acquiring Wisconsin-based AnchorBank, Old National Bank, Evansville, Ind., has agreed to purchase Anchor Bank, St. Paul, Minn. The acquisition was announced Aug. 8. [Continue]
Flooding in July destroyed all the cash in the vault of a southeastern Wisconsin bank. [Continue]
Robert Steen, CEO of Bridge Community Bank in Mechanicsville, Iowa, was honored with the Robert D. Dixon Founders Award presented at the 46th annual convention of the Community Bankers of Iowa on July 19 in Okoboji. The award is the highest honor bestowed by CBI. [Continue]
Former Minnesota Gov. Tim Pawlenty and Federal Reserve Bank of Minneapolis President Neel Kashkari addressed bankers gathered Aug. 10-12 at the J.W. Marriott Hotel in Bloomington for the 55th annual convention of the Independent Community Bankers of Minnesota. Both relayed similar messages about a consensus on the necessity for reg relief but skepticism about the likelihood of it coming any time soon.
“There is a consensus in Washington,” said Pawlenty, CEO of the Financial Services Roundtable. “They can’t always act on it, but at least they have a sentiment that community bankers, first of all, are very valuable, and second of all, need relief in terms of regulation,” he said. “The details of that and what form that takes is still a work in progress, but there is certainly political across-the-aisle consensus around it. [Continue]
Spirit Lake, Iowa-based Bank Midwest donated $10,000 to the Lakes Regional Healthcare Foundation to help bring vital state-of-the-art screening equipment to residents of the Iowa Great Lakes area. [Continue]