Community banking a year after Silicon Valley Bank failure
By embracing transparency, diversification, innovation, and a customer-centric approach, community banks can actually become stronger and more integral to the U.S. financial system ...
Security experts: Community banks must guard against cyber attacks
Community banks, though relatively small, are attractive targets for cyber criminals as “low-hanging fruit,” said Banking Superintendent James Johnson on ...
Fines, fees and votes
Price fixing is always political and it is nearly impossible to miss the partisan motivation behind this anti-competitive price cap ...
Lifelong Iowan’s service ethic informs role as state’s top regulator
Recently, Iowa Superintendent of Banking James Johnson talked about the condition of Iowa banks and the challenges facing bankers ...
Chronicles
South Dakota credit union to acquire branch from Minnesota bank
Sioux Falls, S.D.-based Levo Credit Union plans to acquire a bank branch in Sioux City, Iowa, from Spicer, Minn.-based Heritage ...
Economic activity increased in recent weeks
The U.S. economy has expanded since late February, according to the Federal Reserve Beige Book, with most districts reporting some ...
Rise in vehicle production sparks strong manufacturing output
Manufacturing output increased a half-percent in March amid a 3 percent rise in motor vehicle and parts production, according to ...
Housing numbers fall as interest rates remain high
Housing numbers fell last month amid high interest rates and a shortage of existing stock, according to the U.S. Census ...
Wintrust Financial acquiring Michigan bank in $510 million deal
Rosemont, Ill.-based Wintrust Financial Corp. is acquiring Holland, Mich.-based Macatawa Bank Corp. in a $510 million, all-stock transaction. ...
Consumer sentiment stagnant for fourth straight month
Consumer sentiment was stagnant for the fourth straight month in March, according to the University of Michigan Surveys of Consumers ...
People
Stearns Bank appoints chief brand officer, vice president
St. Cloud, Minn.-based Stearns Bank appointed Marlice Johnson as chief brand officer, while Maggie Rivera assumed the role of vice ...
Foresight Financial Group names president, chief banking officer
Winnebago, Ill.-based Foresight Financial Group added Jeffrey Hultman as president and chief banking officer. ...
First National Bank and Trust hires VP, commercial banking officer
Beloit, Wis.-based First National Bank and Trust Co. hired Greg Lundquist as vice president, commercial banking officer. ...
Opinion
Don’t let regulatory caution stifle innovation
"Even if they’re not directly tied to consumer products and services, fintech partnerships have opened up a world of new ...
A case for the bank branch
Community bankers have been hearing for years about the decline of branch banking and the need to shift more services ...
Greatness contemplated
“Resistance is the catalyst to greatness.” I have been thinking a lot about that statement, shared by Lt. Col. Dan ...
Community Relations
North Shore Bank, Children’s Wisconsin announce partnership
Brookfield, Wis.-based North Shore Bank is partnering with Children’s Wisconsin to create “Coins for Kids” to increase donations leading up ...
One Community Bank donates $15K to nonprofit
Oregon, Wis.-based One Community Bank expanded its support to nonprofit Just One International this year with a $15,000 donation. ...
FHLB Des Moines, First Interstate Bank donate $2.5 million to nonprofits
Billings, Mont.-based First Interstate Bank partnered with the Federal Home Loan Bank of Des Moines to donate more than $2.5 ...