On the Beat – Can a business case be made for Twitter?

      Is Twitter, a one-year-old microblogging site, really all that useful? Or is it just media hype to fill space?       With Twitter, you can create your free account in moments and then post about two sentences’ worth of information (140 characters total) in real time. Once you create an account, you can also … Read more

Becoming a Facebook fan

Community banks are joining the virtual community of Facebook as another way to create presence and promote their involvement in their real neighborhoods. [Continue]

On the Beat: Two Illinois bankers discuss their moves to beef up capital

      Five banks have failed in Illinois this year as of May 22, which means nearly one of every seven failed banks in the nation this year has been in Illinois.       Three state chartered banks and two national banks were closed because they were “critically undercapitalized,” were “operated in an unsafe and unsound … Read more

On the Beat

New Chicago-area bank set to offer small businesses ‘Premier’ service. [Continue]

On the Beat

Supriyo Roy is a straight-forward, no-holds-barred kind of guy who seems willing to answer any question. [Continue]

What do typical consumers think of the economy?

With the fall of Wachovia and Washington Mutual, both financial institutions having branches here in Chicago, I became much more skittish about America’s financial position. I’ve covered community banks for so long, I really thought the way community banks do business was the norm. [Continue]