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Horizon in Indiana takes $33M hit in balance sheet restructuring

American Banker

The Michigan City company, part of a growing list of banks announcing similar overhauls, aims to sell nearly $400 million of securities and reinvest the proceeds in higher-yielding loans.

Indiana 36
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Growing a mortgage portfolio: Encourage borrowers to bank local

Abrigo

With mortgage rates down in the US , many homebuyers are looking locally to their community banks to finance their new, potentially life-changing purchase. In the spirit of the go local movement, new data from Sageworks Bank Information peeked in on 10 cities to see which community banks were making an impact on local mortgage lending.

Cleveland 150
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Apple Pay Rolls Out To 17 American Credit Unions And Banks

PYMNTS

Among the new firms on the roster, in alphabetical order: Enrichment Federal Credit Union, First Security Bank of Arkansas, Marion & Polk Schools Credit Union, Merchants Bank of Indiana, Northern Michigan Bank & Trust, Ohnward Bank and Trust, Postel Family Credit Union, River Cities Bank, River Town Bank, Simplicity Credit Union, SouthPoint (..)

Apple 117
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Podcast: Thwarting would-be bank robbers, Hoosier-style

ABA Community Banking

From Butch Cassidy to Bonnie and Clyde, bank robbers have always had a pop culture mystique. But bank robberies are no Hollywood storyline for bank employees and customers, whose safety and even lives are put at risk when a robber holds up a bank branch.

Indiana 98
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Podcast: Consciously Cultivating an Internal Talent Pipeline

ABA Community Banking

After her bank's CEO unexpectedly died a quarter century ago, Annette Russell was suddenly thrust into the top job at Security Federal Savings Bank in Logansport, Indiana. The post Podcast: Consciously Cultivating an Internal Talent Pipeline appeared first on ABA Banking Journal.

Indiana 69
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Banking's Top 5 in Total Return to Shareholders: 2019 Edition

Jeff For Banks

It is the Mountlake Terrace, Washington holding company for 1st Security Bank, a $1.7 billion in assets community bank with 22 branches that encircle the Seattle Sound. It is the $888 million holding company for Plumas Bank. The bank operates thirteen branches, eleven in northern California and two in Nevada.

Indiana 78
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Banking's Top 5 in Total Return to Shareholders: 2018 Edition

Jeff For Banks

is the parent company of Willamette Valley Bank, a community bank headquartered in Salem, Oregon. The Bank operates five full service offices. billion in asset holding company for Farmers & Merchants State Bank (F&M). I always search for the "why" when banks excel in total return. And to them I say.

Oregon 101