Never a better time for financial education initiatives
Today, banks and other financial institutions have an incredible, yet often overlooked, business opportunity ...
Expert: Half-dozen banks will fail in coming weeks
A half dozen smaller banks will fail in the next three weeks, predicted Don Musso, president of management consulting firm ...
Expert: Economic conditions mixed, weaker than portrayed
The U.S. economy is weaker than portrayed through unemployment numbers and by public officials, said Bell Bank Chief Investment Officer ...
Farmers adjust plans, budgets to handle high interest rates
The U.S. Department of Agriculture has predicted a drop in farm income of 25 percent, and that decrease won’t be ...
Chronicles
Twin Cities credit unions to merge this summer
Coon Rapids, Minn.-based Anoka Hennepin Credit Union plans to merge with Maple Grove, Minn.-based TopLine Financial Credit Union this summer. ...
West central Illinois banks to merge
Monmouth, Ill.-based Western Illinois Bancshares is acquiring Princeville, Ill.-based Main Street Bancorp in an all-stock deal, local media reported on ...
UMB Financial to acquire Heartland Financial
Kansas City, Mo.-based UMB Financial is acquiring Denver-based Heartland Financial in a $2 billion stock deal. ...
Midwest BankCentre opens first innovation branch
Suburban St. Louis-based Midwest BankCentre opened its first full-service, cashless bank last year in the north St. Louis metro city ...
Bond losses, uninsured deposits sink Philadelphia’s Republic First Bank
Philadelphia-based Republic First Bank failed April 26. ...
GDP up 1.6 percent in Q1
Gross domestic product increased at an annual rate of 1.6 percent in the first quarter of the year, according to ...
People
Bremer Financial increases size of board, appoints three members
Bremer Financial Corp. increased the size of its board to nine members by electing MayKao Hang, Anthony Heredia and Liwanag ...
North Shore Bank promotes executive to chief credit officer
Brookfield, Wis.-based North Shore Bank hired John Krostag as senior vice president, chief credit officer. He was previously the bank’s ...
Indiana’s 1st Source Corp. names president
South Bend, Ind.-based 1st Source Corp. named Andrea Short president as part of the company’s long-term succession planning. ...
Opinion
Cyber attacks cost you time, money and, possibly, your reputation
I learned distressing yet enlightening cybersecurity news last month while attending the Iowa Division of Banking’s Day with the Superintendent ...
Is AI the end of your local bank teller?
As big banks have undergone rapid changes over the past few years, the shift from traditional teller windows and long ...
Embracing the potential of 360-degree feedback
Once team members trust your intent, they will be more willing to speak up, offer feedback and iterate the process ...
Community Relations
Alerus donates $50K to Children’s Museum through partnership
Grand Forks, N.D.-based Alerus partnered with the Federal Home Loan Bank of Des Moines to award $50,000 to the Grand ...
Wisconsin bank donates $5K to local homeless shelter
Medford, Wis.-based Prevail Bank donated $5,000 to homeless shelter The Taylor House. ...
Forward Bank donates $56K to local school district
Marshfield, Wis.-based Forward Bank donated $56,000 to the Medford (Wis.) School District to update its Raider Hall. ...