Madison, Wis.-based Capitol Bank hired Nick Inman as vice president of credit. Inman has more than 16 years of banking experience. He has a bachelor’s degree from the University of Wisconsin-Stevens Point and completed the Graduate School of Banking in 2021. Inman has RMA Credit Risk Certification. “[Inman’s] experience, technical acumen and knowledge will play … Read more
Grand Forks, N.D.-based Alerus hired Paul Schuster as senior vice president and director of mortgage. Schuster, based in the $3.7 billion bank’s Minnetonka, Minn., office, is a seasoned mortgage lender with more than 30 years of experience in both independent and bank settings. Prior to joining Alerus, he served as the divisional vice president of … Read more
Anthony Ahern and John Buelow joined the board of directors of Fond du Lac, Wis.-based National Exchange Bank & Trust. Ahern is president and chief operating officer for Minneapolis-based fire protection company J.F. Ahern Co. He has a bachelor’s degree from St. Norbert College, De Pere, Wis. Buelow joined marine engine manufacturer Mercury Marine in … Read more
St. Cloud, Minn.-based Stearns Bank and the Central Minnesota Community Foundation raised $665,000 for Minnesota FoodShare Month. The checks were given to three food shelves in March: Catholic Charities of St. Cloud, St. Cloud Salvation Army and the St. Joseph Food Shelf. Stearns Bank originally ofered to match financial donations up to $100,000, but later … Read more
Green Bay, Wis.-based Associated Bank recently expanded its Chicago-based commercial banking team by hiring six executives. The bank hired Phil Chen and Jamillah Pointer as senior vice presidents and relationship managers. Chen has a decade of commercial banking experience. He previously worked with the Bank of China, leading the institution’s Midwest-based mid/large corporate team. Chen … Read more
Indiana-based First Bank of Berne donated $1,000 to local art gallery Gallery 15 & Studios LLC. The Peru-based gallery opened in the fall of 2017. Designed to be a space for artists of different mediums, the gallery is complete with paintings and hosts music lessons and art classes. The donations will be used to advance … Read more
The Midwestern economy slowed in March but continues to grow, according to the March Mid-America Business Conditions Index. [Continue]
Most community bankers believe the U.S. economy is already in a recession, according to the first quarter Community Bank Sentiment Index. [Continue]
Oregon, Wis.-based One Community Bank promoted Bill Borchers to senior vice president of loan servicing and construction. Borchers joined the $1.6 billion bank in 2017. He has nearly four decades of experience in banking, and has been involved with the Wisconsin Mortgage Bankers Association. “I love the culture here and look forward to continuously serving … Read more
Hillsdale, Mich.-based County National Bank announced several promotions, including: Rachael Carpenter to vice president, senior wealth management operations officer. Carpenter, who joined the bank last year as an assistant vice president, is a CPA with a dozen years of banking experience, including in wealth management and as a financial controller in community banking. Abba Reeve … Read more