#BankNews is your premier source for independent news and commentary on community banking.
Joined January 2010
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Jun 12
Consumer sentiment improved this month amid a drop in gas prices and lower inflation expectations, according to the University of Michigan Surveys of Consumers.
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Jun 12
Isabella Bank Corporation, Mt. Pleasant, Mich., is acquiring Grandville, Mich.-based Grand River Commerce for $54.6 million.
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Jun 11
Oregon, Wis.-based One Community Bank awarded scholarships to 11 students this year.
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Jun 11
Oklahoma City-based BancFirst Corporation is acquiring Tulsa, Okla.-based Spirit BankCorp and subsidiary SpiritBank.
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Jun 10
Waukesha State Bank in Wisconsin hired Steve Heberer as controller.
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Jun 10
Longtime state banking examiner Max Zappia is using his expertise to help North American Banking Company expand its cannabis operations and broader payments system.
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Jun 9
Jeff Janza joined Manitowoc, Wis.-based Bank First as vice president-business banking.
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Jun 9
Changes in capital requirements for mortgages in portfolio and on servicing are very likely to come “in the not-too-distant future,” says Tim Roy, vice president of housing finance policy for the Independent Community Bankers of America.
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Jun 9
Madison, Wis.-based Bankers’ Bank appointed Eric J. Meilstrup to its board of directors.
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Jun 9
ABA’s Credit Conditions Index examines a suite of indices derived from the quarterly outlook for credit markets produced by ABA’s Economic Advisory Committee.
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Jun 9
Small business owner optimism remained muted last month as high fuel prices continued impacting small businesses, according to the National Federation of Independent Business.
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Jun 9
Amid a nationwide housing affordability pinch, lawmakers and regulators in Washington, D.C., are revising mortgage-related banking rules and housing policies—possibly encouraging community banks to return to the business of mortgage lending.
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Jun 9
Colorado Gov. Jared Polis vetoed a bill last week that would ban collecting interchange fees for sales taxes.
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Jun 9
Economic activity continued to expand across much of the United States in recent weeks, though rising energy costs, inflation pressures, and growing consumer caution have tempered optimism over future growth, according to the Federal Reserve Beige Book.
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Jun 9
Although its usage is declining, checks remain an important part of the payments ecosystem for many community banks, said Mary Williams and Blake Tolbird of United Bankers’ Bank.
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Jun 3
Brookfield, Wis.-based North Shore Bank donated more than $2,700 to the Pewaukee (Wis.) Area Historical Society.
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Jun 3
Fargo, N.D.-based First International Bank & Trust launched its annual Live First Community Giving Campaign on June 1.
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Jun 3
"Community banks that build the tools to manage this problem now will be in a stronger position regardless of what rates do next," said Jonathan Arad, founder and CEO of financial technology company Takara.
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Jun 3
On April 23, Generations Community Bank opened its doors in Indianapolis, becoming Indiana’s first Minority Depository Institution. For Al London, the bank’s CEO, this was just the beginning.
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Jun 2
Mason, Mich.-based Dart Bank promoted Melanie Squires to vice president, treasury management sales operations manager.
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