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1 st National Bank Offers Multi-State FNB Cash Checking

BankDeals

1 st National Bank offers its FNB Cash Checking (2.50% APY, up to $35k) in Iowa, Minnesota, North Dakota, South Dakota, and Wisconsin.

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Fintech Jiko buys Minnesota bank

American Banker

The California company has acquired Mid-Central Federal Savings Bank, which is converting to a national bank.

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Wings Financial to buy another bank

American Banker

The Minnesota credit union’s deal for Brainerd Savings & Loan comes about 11 months after it bought Neighborhood National Bank in Minnesota.

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Credit union to buy Minnesota community bank

American Banker

Wings Financial Credit Union expects to complete the purchase of Neighborhood National Bank in the third quarter.

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Fed’s Kashkari Advocates For New Lockdown

PYMNTS

Neel Kashkari , president of the Federal Reserve Bank of Minneapolis and Dr. Michael Osterholm , director of the Center for Infectious Disease Research and Policy at the University of Minnesota , said the defeat of the coronavirus will require sacrifice but will save thousands of lives. 7), they wrote the choice is clear. “We they asked.

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What's next for Jiko now that it owns a bank

American Banker

The fintech and the Minnesota bank it acquired last week, renamed Mid-Central National Bank, intend to pioneer a new method of storing and moving money for consumers.

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Proposal Would Allow SMBs To Get Another PPP Loan 

PYMNTS

Angie Craig (D-Minnesota) and Antonio Delgado (D-New York) ) introduced a similar bill. The lawmakers say the nation’s small businesses continue to struggle as the shutdown continues. “In In the House, U.S. “Even as closures are ending, countless Delaware businesses are struggling to survive this crisis.”

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