“Liquidity is one of those things that, as long as you can prove you don’t really need it you can get money anywhere. As soon as you need it, that’s when it’s going to be difficult to get it,” said Jim LaPierre. [Continue]
The Midwest economy continued to grow slightly in August in spite of job losses and commodity prices that were lower for the month but still “significantly above acceptable levels,” according to Nebraska-based Creighton University’s monthly Mid-America survey. [Continue]
Few institutions understand value as well as banks, which may explain why many recent bank marketing campaigns have emphasized some facet of value. [Continue]
U.S. Bank of Minneapolis has committed “a significant amount of capital” to four markets in the NorthWestern Financial Review readership area, in an initiative called PowerBank. [Continue]
People skills, organizational excellence common among big-bank CEOs. [Continue]
At least three independent banker associations have updated their logos recently, signifying renewed organizational energy, as well as market distinctions. [Continue]
When Community State Bank of Avilla, Ind., decided to add financial services to its list of offerings in 2001, it turned to Mark Demske, a recent graduate of the Valparaiso law school. Demske had taken an interest in trusts at Valparaiso, and he “always enjoyed investing and had done it ‘unofficially’ since high school” and … Read more
In 1991, Paul Hoffmann was almost five years into his banking career ― and waist deep in a pile of Federal Reserve cash. The freshly hired Fed account manager was on an orientation tour of the old Fed building in Minneapolis when a transport stacked with bundles of currency tipped and nearly entombed the touring … Read more