Credit standards tightened early this year
Credit standards tightened in the first quarter of this year as commercial and industrial lending fell nearly 16 percent from a year ago, according to a recent survey. [Continue]
Writer: BankBeat
Small business optimism grows
Small business optimism grew in June but remained stunted amid stubbornly high inflation and ongoing tightness in the labor market, according to NFIB. [Continue]
First Business Bank hires seasoned SBA lender for executive role
Madison, Wis.-based First Business Bank hired Yoon Saechao as vice president of SBA lending. [Continue]
Community State Bank announces CFO succession plan
Union Grove, Wis.-based Community State Bank CFO Peter Schumacher will retire at the end of this year after a 43-year career in finance. [Continue]
Bank First announces several promotions
Manitowoc, Wis.-based Bank First recently announced several promotions and the addition of a new employee to its Manitowoc County team. [Continue]
Associated Bank hires experienced banker as executive
Nick Battis joined Green Bay, Wis.-based Associated Bank as vice president and relationship manager. “He is responsible for managing, developing and growing a portfolio of middle market commercial clients by assisting them with unique financing solutions and utilization of efficient payments technology,” the $41 billion bank stated. Battis, who is based in St. Paul, has … Read more
ChoiceOne Bank awards 13 scholarships
Sparta, Mich.-based ChoiceOne Bank awarded 13 $1,000 scholarships to graduating seniors this year as part of its annual, needs-based program in west and southeast Michigan. Applications were accepted during the first three months of this year. Students were required to plan to attend an accredited two- or four-year college in Michigan this fall, and submit … Read more
Iowa’s Northwest Bank awards four scholarships
Arnolds Park, Iowa-based Northwest Bank awarded four local students with $1,000 scholarships. The scholarships were awarded to students based on academic achievement, and recipients were required to be enrolling as a full-time undergraduate student in a business program. Recipients included Nolan Carroll, who graduated from Waukee High School; Levi Manning of Northwest High School; Shea … Read more
Bridgewater to relocate downtown Minneapolis branch
St. Louis Park, Minn.-based Bridgewater Bank says it remains committed to downtown Minneapolis as it relocates its branch there. [Continue]
Community banker sentiments fall to record low
Community bankers’ outlook on economic conditions has fallen to a record low amid concerns surrounding monetary policy, regulations, future business conditions and profitability, according to the second quarter Community Bank Sentiment Index released by the Conference of State Bank Supervisors. [Continue]