How did a career community banker end up with a vital operations responsibility at every Green Bay Packers home game? The same way he became co-founder, president and CEO of Wisconsin’s youngest bank. It wasn’t what Dave Schuelke knew. It was who he knew. [Continue]
Jack Hopkins may never know how much a call from his father 30 years ago was made out of paternal duty and how much of it was rooted in business sense, but that call set his feet on a banking path he’s followed ever since. [Continue]
The mergers and acquisitions market dominates many conversations in the financial industry. With that in mind, BankBeat impaneled seven M&A industry insiders to discuss current trends, strategies and overall advice. [Continue]
Rarely does someone fresh out of college looking for a creative job respond to an ad from a bank. Then an assistant manager at a local restaurant, Becky Miller saw a First Bank Financial Centre listing for a marketing assistant. A dozen years later, Miller is officer for corporate marketing at the $1.1 billion Oconomowoc, Wis., bank. [Continue]
Much like, and perhaps in part driven by the consolidation in the banking industry, the number of core processor providers has dropped drastically in the last decade, even though the technological services are in higher demand than ever. A year ago, Vista Equity Partners paid more than $2 billion for D+H Corp., creating a $4.8 billion giant of a banking software provider. [Continue]
When two outgoing directors at Illinois’ Pekin Savings Bank approached Pat Oberle about filling their shoes, he was hesitant. It was the mid-1990s and his hands were already full; Oberle was a lawyer in private practice and Pekin’s city attorney. Their persistence convinced him though, and Oberle quickly found he had a knack for bank governance. [Continue]
It took only two hours for Lake Delton’s 700 million gallons of water to drain across a breached highway into the Wisconsin River. The calamity occurred after torrential rains in June of 2008 caused a dam to collapse. When the storm cleared, all that was left of the lake located just outside of the Wisconsin Dells was its muddy bottom. Without the lake, the area’s billion-dollar tourism industry was imperiled. [Continue]
Rod Fouberg never intended to get involved in banking. He got his degree in animal science from South Dakota State University, Brookings, and headed to the Sioux City stockyards. Fouberg then worked as a county extension agent for five years before Dacotah Bank approached him about becoming an agricultural lender in 1967. [Continue]
Project for Pride in Living graduated its 42nd class of banking trainees on Feb. 2. PPL helps low-income individuals or those looking to find steady employment with a variety of options, including the possibility of an entry level banking position. [Continue]
The influx of capital into the market from tax reform prompts possible changes to bank merger and acquisition activity. Some bankers may use their tax savings to pursue acquisitions, while others may see the lowered tax rate as an opportunity to maximize profits. A change to the estate tax exemption likewise could shift some attitudes … Read more