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Community Banking According to Andy

Jeff For Banks

One of my tweeps (Twitter friends), is Andy Schornack, CEO of Flagship Bank Minnesota, based in Wayzata. 2/ @Schornack The primary asset of the organization was Flagship Bank Minnesota, a Member FDIC and Equal Housing Lender with two locations in the Twin Cities Metro Area. I suggest following Andy on Twitter. million in loans.

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Hundreds Of Jobs Lost As Amazon Cuts Ties With Logistics Company

PYMNTS

The company is ceasing operations in five states after it failed to meet Amazon’s standards. Facilities in Ohio, Minnesota, Virginia and Illinois will close in April, and about 280 people will be let go. About 120 workers will lose their jobs at a location in Michigan. There’s a facility in Wisconsin whose status is unknown. “We

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The benefits of micro-lending programs

Independent Banker

These community banks are working to fix that through microlending programs. Now, some community banks are launching microlending programs to redress the balance. which operates $12 billion-asset OceanFirst Bank N.A. The bank partnered in early 2021 with Community LendingWorks, a Springfield, Ore., By Beth Mattson-Teig.

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LA Lakers Return PPP Loan

PYMNTS

The Lakers remain completely committed to supporting both our employees and our community.”. Another $10 million went to the coal mine operator Hallador Energy. Amy Klobuchar of Minnesota and 21 senators urged the Treasury and the SBA to make sure the latest round of PPP funds reach the SMBs that need it. But on Monday, Sen.

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The ICBA 22/23 executive committee is all in

Independent Banker

Executive committee members tell us what advocacy issues they’ll be focused on during their terms, while board members share their words of wisdom for up-and-coming community bankers: themselves. To sum it up, these leaders are all in and all heart for community banking. and CEO and chairman, Minnesota Lakes Bank, Delano, Minn.

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4 trending social media tips to know

Independent Banker

The Social Bankers, a collective of community bank marketers, offers inspiration, information and professional development advice to community bankers focused on marketing and social media. Membership is open to non-competing community bankers throughout the United States. Julie Kendrick is a writer in Minnesota.

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Amazon’s Great Infrastructure Expansion Rolls On — Now With A New Logistics IT Center

PYMNTS

Amazon is already a large-scale employe in Minnesota, with hundreds presently employed and about 1,000 more currently being hired to staff the firm’s new Shakopee, Minnesota fulfillment center. But Minnesota will be the only city feeling the golden glow of Amazon’s expansion.