Banking Exchange

JUNE 10, 2021

Two community banks snapped by Simmons, while Illinois’ Heartland Bank looks to push into Iowa Community Banking Feature3 Feature Management M&A.

Community Bank 78

Community Bank Community Iowa Tennessee 78

American Banker

JANUARY 4, 2023

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Illinois 78

Illinois Community Bank Community 78

Independent Banker

JULY 31, 2022

Following their stints as interns, Malvern Bank retained the talents of (L to R) Cody Sorenson, Keegan Wederquist and Adam Konfrst, hiring them as full-time, mid-level team members. These community banks share how they have (or haven’t) altered their hiring strategies. Eclipse Bank: Reputation matters. Total employment.

Community Bank 91

Community Bank Community Iowa Louisville 91

ABA Community Banking

JANUARY 18, 2025

Illinois regulators closed Pulaski Savings Bank of Chicago and appointed the FDIC as receiver. Millennium Bank of Des Plaines, Illinois, agreed to assume all deposits and most of its assets. The post Pulaski Savings Bank closed in Chicago appeared first on ABA Banking Journal.

Chicago 116

Chicago Illinois FDIC Regulation 116

ABA Community Banking

FEBRUARY 25, 2025

Bank acquisitions announced by Old Second Bancorp in Aurora, Illinois, Yoakum National BancShares in Yoakum, Texas, and Rio Financial Services in McAllen, Texas. The post Banks announce acquisitions in Illinois, Texas appeared first on ABA Banking Journal.

Illinois 52

Illinois Texas National Community Bank 52

ABA Community Banking

NOVEMBER 26, 2024

Old National Bancorp in Evansville, Illinois, has agreed to buy Bremer Financial in St. The post Old National in Illinois to buy Bremer Financial appeared first on ABA Banking Journal. Paul, Minnesota.

Illinois 52

Illinois National Minnesota Community Bank 52

ABA Community Banking

OCTOBER 1, 2024

The post Bank acquisitions announced in Illinois, Pennsylvania appeared first on ABA Banking Journal. Byline Bancorp in Chicago to buy First Security Bancorp, Mifflinburg Bancorp in Pennsylvania to buy Northumberland Bancorp.

Pennsylvania 52

Pennsylvania Illinois Chicago Security 52

PYMNTS

JANUARY 4, 2017

The total roster now claims more than 1,600 banks and credit unions domestically, said the site, even as 35 percent of retailers in the U.S. support Apple Pay.

Apple 117

Apple Arkansas Indiana Utah 117

ABA Community Banking

OCTOBER 30, 2024

Griggsville Bancshares in Illinois to buy Scott Morgan Bancorp; First Carolina Bank in North Carolina to purchase BM Technologies. The post Bank acquisition announced in Illinois, North Carolina bank to acquire fintech appeared first on ABA Banking Journal.

North Carolina 52

North Carolina Illinois Fintech Technology 52

Independent Banker

OCTOBER 31, 2022

ITMs and VTMs are popular retail banking innovations among community banks. What’s on the horizon for retail banking? We spoke with two community banks that have ramped up their services to meet—and exceed—the changing expectations of customers. So how are retail banks meeting this challenge?

Banking Trends 151

Banking Trends Retail Trends Community Bank 151

Independent Banker

JUNE 30, 2022

The Peoples Bank helped the Jones family of Legacy Dairy in Hiseville, Ky., From left, Ally Jones; bank chairman, president and CEO Terry L. Last year, community bank loan producers were faced with both record-low interest rates and a glut of deposits. The bank provides crop insurance to farmers in 11 states.

Community Bank 172

Community Bank Community National Philadelphia 172

American Banker

AUGUST 20, 2021

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Illinois 68

Illinois Community Bank Community 68

Independent Banker

MARCH 31, 2022

Whether achieved by internal or external resources, community banks provide valuable support for small businesses. By providing “bonus” services to small businesses, such as startup loan programs and referral services, community banks prove themselves to be reliable financial partners, with mutually beneficial results.

Community Bank 91

Community Bank Wisconsin Community Resources 91

Independent Banker

OCTOBER 29, 2014

And the great news, according to “American Millennials and Banking,” a major new study commissioned by ICBA, is that Bauhs and the 80 million other people in his generational cohort are prime potential customers for community banks. This is really the moment for community banks to show that they’re a fit for millennials.

Millennials 110

Millennials Community Bank social media Community 110

Independent Banker

SEPTEMBER 22, 2015

Community banks are vital providers of small-business credit because of their extensive local market knowledge and deep customer relationships. According to Columbia State Bank, the Oregon loan program, “allowed us to rely more heavily on the projected future income and growth the borrower was experiencing.” By Jessica Milano.

Oregon 70

Oregon Illinois Community Bank Lending 70

Independent Banker

OCTOBER 31, 2022

We spoke with industry specialists about the priorities for community banks as they build a digital loan process for small businesses. It’s critical for community banks to have online loan applications, process automation staff skilled in digitization and more. Doing so can help community banks: Optimize the loan cycle.

Lending 91

Lending Community Bank Community Strategy 91

American Banker

MARCH 22, 2023

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Wisconsin 74

Wisconsin Illinois Community Bank Community 74

Independent Banker

OCTOBER 31, 2022

After 40 years in its Cape Giradeau branch, Wood & Huston Bank moved to a new building and allowed firefighters to train in its former building. Before Wood & Huston Bank’s former headquarters was demolished, the community bank lent the space to a local fire department for critical, hands-on training.

Training 162

Training Community Illinois US 162

Independent Banker

SEPTEMBER 30, 2021

The number of money mule schemes affecting community banks is increasing, in part because of the pandemic. Here’s how two community banks are protecting their customers from falling victim to fraud. More and more community banks are having to deal with money mule schemes targeting unsuspecting customers.

Community Bank 91

Community Bank Fraud Community Training 91

Independent Banker

OCTOBER 29, 2014

Big-brand megabanks, the Visa and MasterCard networks, and big-box merchants had signed up to become partners with Apple’s universal retail smartphone app that uses Near Field Communication and tokenization technologies. So where do ballyhooed mobile banking and payments developments among the biggest players leave community banks?

Mobile 105

Mobile Community Bank Community Technology 105

American Banker

AUGUST 23, 2022

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Illinois 69

Illinois Community Bank Community 69

American Banker

NOVEMBER 30, 2020

The deal will expand the credit union's brick-and-mortar footprint to more than 30 locations across Illinois and California.

St. Louis 77

St. Louis Illinois California Community Bank 77

Independent Banker

AUGUST 31, 2019

“While community banks could certainly benefit from the tax advantages credit unions have, we flourish despite them.”. From Florida to Arizona, credit unions are acquiring community banks at an alarming rate. With fewer community banks, there simply is less support of local economies.

Community Bank 70

Community Bank Community Taxes Arizona 70

Independent Banker

JANUARY 26, 2016

A young entrepreneur prefers relationship community banking. In general, Meadows believes community banks can play an important role in helping young businesspeople. He talks monthly with a loan officer at First National Bank of Odon, his local community bank. “He By William Atkinson.

Community Bank 70

Community Bank Community Illinois Regional 70

American Banker

NOVEMBER 27, 2023

The Champaign, Illinois-based company said it would pay $41.6 million to acquire Merchants and Manufacturers Bank Corp., which has five branches in the Greater Chicago area.

Chicago 78

Chicago Illinois Company Community Bank 78

Independent Banker

FEBRUARY 28, 2023

billion-asset CNB Bank headquartered in Clearfield, Penn., We are providing banking options in areas that have been known as ‘bank deserts,’ which is very important to us as a community bank.” This was an extensive process undertaken to bring the final product to the community,” says Noah.

Mobile 91

Mobile Community Community Bank ATM 91

CFPB Monitor

OCTOBER 25, 2022

We have seen other actions where federal regulators and states have pushed for lower dealer markup caps, most recently in an enforcement action brought by the Federal Trade Commission and the Illinois Attorney General which set a cap on dealer markups of 185 basis points above the Buy Rate.

New York 78

New York Lending Community Bank Community 78

Independent Banker

FEBRUARY 24, 2016

Illinois bank launches insurance premium financing sideline. In an era of exceptional competition with tight interest margins, many community banks are attempting to tap new lines of business. Triumph Community Bank in Moline, Ill., billion-asset community bank operates. According to Aaron P.

Community Bank 70

Community Bank Policies Community Illinois 70

Independent Banker

FEBRUARY 16, 2015

With mobile banking and mobile payments the financial services topics du jour, vendors are promoting several features and functionalities as “must-have” options, but there are really only a handful that set apart the capabilities of one community bank over another financial institution, according to consultants.

Mobile 70

Mobile Community Bank Community ATM 70

American Banker

APRIL 27, 2016

First Mid-Illinois Bancshares in Mattoon, Ill., has agreed to buy First Clover Leaf Financial in Edwardsville, Ill.

Illinois 28

Illinois Community Bank Community Strategy 28

American Banker

JANUARY 26, 2024

National Bankshares in Virginia agrees to acquire in-state peer, Advia Credit Union in Kalamazoo strikes deal with Illinois bank, EBANX's annual Beyond Borders study launches and more in the weekly banking news roundup.

Virginia 36

Virginia Michigan Community Bank Illinois 36

Independent Banker

APRIL 30, 2022

While most of Alpine Bank’s in-lobby “shops” are carried out here at its Glenwood Springs branch, the program also has an online element. It’s no secret why Alpine Bank’s mystery shopper program has helped the community bank meet and exceed customer expectations over the past two decades. Name: Alpine Bank.

Community Bank 91

Community Bank Community Illinois Online 91

Independent Banker

JUNE 30, 2022

Academy Bank COO Tom Kientz notes that the community bank was eager to expand its deposit and loan services. Looking for an avenue to increase its deposit base, Academy Bank tapped into a market it hadn’t explored before: homeowners associations. William Atkinson is a writer in Illinois. Photo by Jason Tracy.

Kansas City 91

Kansas City Kansas FDIC Community Bank 91

Independent Banker

DECEMBER 31, 2021

In the city of Waverly, Apex Bank employees not only rescued their neighbors but helped affected families rebuild their lives and grieve for their loved ones. Community banks go above and beyond the call of service to their communities in various ways. Some, though, like $934 million-asset Apex Bank in Camden, Tenn.,

Community 91

Community Community Bank Nashville Illinois 91

American Banker

FEBRUARY 25, 2025

The Illinois company plans to acquire neighboring Bancorp Financial in a cash-and-stock transaction that would form the second largest community bank in the Chicago area.

Chicago 36

Chicago Illinois Community Bank Community 36

American Banker

JUNE 5, 2023

billion-asset CBI Bank & Trust said it would buy McLaughlin Holding and its SENB Bank unit. The parent of the $1.1

Illinois 48

Illinois Community Bank Community 48

Independent Banker

NOVEMBER 13, 2014

And the great news, according to “American Millennials and Banking,” a major new study commissioned by ICBA, is that Bauhs and the 80 million other people in his generational cohort are prime potential customers for community banks. This is really the moment for community banks to show that they’re a fit for millennials.

Millennials 87

Millennials Community Bank social media Community 87