Frandsen names VP
Jon Fumich has been named vice president of business development at Frandsen Financial Corporation, Arden Hills, Minn. [Continue]
Writer: Mara Gawarecki
Nebraska banking official to retire
Nebraska Director of Banking and Finance John Munn is retiring. Gov. Dave Heineman named Deputy Director Ray Pont as acting director. [Continue]
First Midwest to buy Popular’s Chicago branches
First Midwest Bancorp, Inc., Itasca, Ill., will buy the Chicago banking operations of Popular Community Bank, a subsidiary of Popular, Inc., San Juan, Puerto Rico. [Continue]
Wisconsin bank names CFO
Bank of Wisconsin Dells, Wis., has named Tracey Pierce as chief financial officer and senior vice president. [Continue]
MainSource to buy MBT
MainSource Financial Group, Inc., Greensburg, Ind., has agreed to purchase MBT Bancorp, West Harrison, Ind., in a cash and stock transaction. [Continue]
Starion founder receives Greater North Dakotan Award
Frank Larson, founder of Starion Financial, received the Greater North Dakotan Award on April 15 at the Governor’s Business Forum in Grand Forks, N.D. [Continue]
Merchants names new regional president
Merchants Bank, Winona, Minn., has named Daniel Massett as its new regional president for Cannon Falls, Red Wing and Hampton, Minn. [Continue]
Midwest bankers join ABA to promote financial literacy
Bankers from more than 500 bank offices across the Upper Midwest teamed up with the American Bankers Association in an effort to boost childhood financial literacy. [Continue]
Wells Fargo, US Bank report Q1 results
Wells Fargo reported a record first quarter while U.S. Bank’s revenue dropped slightly from a year ago. [Continue]
Lakeland appoints CEO
David Findlay has been named chief executive officer of Lakeland Financial Corporation, Warsaw, Ind. [Continue]