The Graduate School of Banking at the University of Wisconsin-Madison promoted Erin Dunn from administrative assistant to student engagement and outreach coordinator. Dunn joined GSB in June 2014, and is often the initial point of contact for bankers who inquire about GSB online seminars and other programs. “[Dunn] is an outgoing, people person who does … Read more
Fargo, N.D.-based Gate City Bank will open a branch this summer in the northwest Twin Cities suburb of Elk River. The branch, which will share a building with the grocery store chain Coborn’s, is the $3.2 billion bank’s 44th branch in approximately two-dozen communities in North Dakota and Minnesota. The branch’s opening comes on the … Read more
Seymour, Ind.-based JCBank recently acquired finance and insurance firm Vision Financial Group, Inc. Also based in Seymour, Vision offers securities through Raymond James Financial Services, Inc. The firm’s three employees, including financial adviser and Practice Owner Tina Tracy, registered sales assistant Beth Veatch and administrative assistant Pam Eakins joined the JCB Investment Services team. The … Read more
Alerus Financial, Grand Forks, N.D., reported third quarter earnings of $9.6 million or 47 cents per share compared to… [Continue]
The Federal Home Loan Bank of Chicago reported third quarter earnings of $95 million compared to… [Continue]
The Federal Home Loan Bank of Chicago reported second quarter earnings of $91 million compared to… [Continue]
Oregon, Wis.-based One Community Bank promoted Amy Bailey to vice president and director of treasury management. Bailey joined the bank in the summer of 2020. She has more than 30 years of financial services experience in retail, commercial and business banking, mortgage and consumer lending and operational and location management. “It’s rewarding being able to … Read more
Beloit, Wis.-based First National Bank and Trust Co. promoted Chelsea Ballou to executive vice president, director of bank operations. Ballou has nearly 15 years of experience in banking. She graduated from Lewis University, Romeoville, Ill., with a Bachelor of Science degree and received an MBA from Cardinal Stritch University, Milwaukee, in 2011. She is a … Read more
Sixty percent of Midwest supply chain managers expect a recession will strike this year as January’s business conditions sentiment reached its lowest mark for the start of the year since 2008, according to Creighton University’s Mid-American Economy report. The index for business conditions, which remained at 47, is at its lowest January reading since the … Read more
Toronto-based BMO Financial Bank will retire the “Harris Bank” name later this year for its Chicago-based U.S. operations following the acquisition of San Francisco-based Bank of the West. BMO’s U.S. CEO Dave Casper told Crain’s Chicago Business that the change reflects the bank’s expansion. The $16 billion acquisition, which closed Feb. 1, increased BMO’s size … Read more