Former Independent Community Bankers of America President and CEO Ken Guenther died Jan. 25. Guenther led the organization from 1982-2004 during an era of many industrywide changes. His first few years in the CEO role came as hundreds of small banks failed amid the farm foreclosure crisis of the 1980s. During the early 1990s, Guenther … Read more
Bank executives expect a recession will strike this year but disagree on the timing of the looming downturn, according to an IntraFi survey of bank CEOs, CFOs, presidents and chief executive officers from nearly 450 U.S. banks. According to the fourth quarter report, 36 percent expect the recession to begin in the second half of … Read more
Aberdeen, S.D.-based Dacotah Bank promoted Kimberly Bowman to senior vice president and chief talent officer. Bowman began her career with the $3.5 billion bank in 2005. She’s been with Dacotah Bank’s human resources department for the last 15 years. Bowman graduated in 2008 from Northern State University, Aberdeen, with a double major in economics and … Read more
First Bank, Creve Coeur, Mo., authorized to establish a branch in Roseville, Calif. Legacy Bank & Trust Company, Mountain Grove, Mo., filed to establish branches in Dallas and Plano, Texas . . . This content is only accessible to members with a current subscription. If you are a subscriber but don’t have online access, please contact … Read more
Encore Bank, Little Rock, Ark., authorized to establish a branch in Boulder, Colo. Hoosier Heartland State Bancorp Employee Stock Ownership and Savings Plan Trust, Crawfordsville, Ind., authorized to become a bank holding company by acquiring Hoosier Heartland State Bancorp and thereby indirectly acquiring Hoosier Heartland State Bank, both of Crawfordsville . . . This content … Read more
Stifel Bank, Clayton, Mo., authorized to establish a branch in St. Louis. Southern Missouri Bancorp, Inc., Poplar Bluff, Mo., authorized to merge with Citizens Bancshares Co., and thereby acquire Citizens Bank and Trust Company, both of Kansas City, Mo., and for Southern Bank, Poplar Bluff, to merge with Citizens Bank and Trust Company. The Northern … Read more
Legacy Bank & Trust Company, Rogersville, Mo., filed to establish a branch in Tulsa. GBH Inc., Ontario, Canada, VersaBank, Ontario, Canada and VersaHoldings US Corp., Wilmington, Del., filed to acquire Stearns Bank Holdingford National Association, Holdingford, Minn . . . This content is only accessible to members with a current subscription. If you are a subscriber … Read more
One Community Bank, Oregon, Wis., filed to close a branch in Oregon . . . This content is only accessible to members with a current subscription. If you are a subscriber but don’t have online access, please contact us at 952-835-2275. Purchase Subscription
First Farmers Bank & Trust Co., Converse, Ind., authorized to establish a branch in Lafayette, Ind. First Bank, Creve Coeur, Mo., authorized to establish a branch in San Mateo, Calif. Fisher Bancorp Inc. Fisher, Ill., filed to merge with Butler Point Inc and thereby acquire Catlin Bank, both of Catlin, Ill. Matthew N. Lujano, Carroll, … Read more
Iron Mountain, Mich.-based First National Bank & Trust’s Project Teddy Bear collected more than 500 new stuffed toys this year for local emergency responders, children’s organizations, medical facilities and crisis centers. According to a press release, donations for the program have been collected annually since 2017 from the Flivver Hockey Teddy Bear Toss event, followed … Read more