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East North Central U.S. Banking News is an EIN News Service for banking industry professionals. Constantly updated news and information about East North Central U.S. Banking.
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Latest East North Central U.S. Banking News

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  • Central Bank of Stillwater buys failed Florida bank, its fourth 21 Nov 2009 06:36 GMT
    ... For the fourth time this year, Central Bank of Stillwater has taken over a ... 17 branches in Minnesota and one in Wisconsin. Central has been an energetic acquirer of local banks this year, picking up Spring Grove-based Jennings State Bank ...

  • Federal Reserve Vice Chairman Donald L. Kohn At The Kellogg Distinguished Lecture Series, Kellogg School Of Management, Northwestern University, Evanston, Illinois - Policy Challenges For The Federal Reserve 17 Nov 2009 00:13 GMT
    ... variability might reduce the credibility of the central bank's pursuit of price stability, reducing its ... the downward pressure on the economy. Central banks would need to spot these threats very early, when ... that policymakers deploy. From my perspective, central bankers would need convincing evidence that such other ...

  • Midwest banks split into two camps as they try to emerge from recession 19 Nov 2009 17:31 GMT
    ... As bankers in the Midwest look to emerge from ... camps forming. The first, made up of banks badly bruised by credit losses, is fixated on ... outside of troubled areas in Ohio and Michigan, that is. Case in point: Akron, Ohio-based ...

  • Federal regulators shut down two Florida banks 15 Nov 2009 04:30 GMT
    ... Federal Regulators Shut Down Two Florida Banks Federal regulators shut down two Florida banks ... to fail this year: San Francisco's United Commercial Bank, with $11.2 billion in assets. East ... have been concentrated in California, Georgia and Illinois. If the economic recovery falters, defaults on ...

  • Regulators shut down Fla. banks 17 Nov 2009 09:31 GMT
    ... Regulators on Friday shut down two Florida banks, boosting to 122 the number of U.S. ... to fail this year: San Francisco's United Commercial Bank, with $11.2 billion in assets. East ... have been concentrated in California, Georgia and Illinois. If the economic recovery falters, defaults on ...

  • Indiana, Ohio to share in $4 million 'green' grant 18 Nov 2009 19:14 GMT
    ... WASHINGTON – Indiana and Ohio will share in a $4 ... The Labor Department said Indiana, Ohio and Michigan will work together under the direction of ... auto workers, help them connect to job banks that advertise green jobs and help them get ...

  • Ohio Legacy Corp Signs Agreement With Excel Financial LLC 16 Nov 2009 14:30 GMT
    ... WOOSTER, Ohio--(BUSINESS WIRE)-- Bruce A. Cassidy, Sr., managing ... group of local investors and the seasoned banking professionals we have engaged have been interested ... Bank's clients can maintain banking relationships with bankers they know and trust, with a bank ...

  • Indiana, Ohio get aid for idled autoworkers 19 Nov 2009 09:05 GMT
    ... WASHINGTON - Indiana will share in $4 million to help ... other industries. The Labor Department said Indiana, Michigan and Ohio will work together under the ... unemployed autoworkers, help them connect with job banks that advertise green jobs and help them obtain ...

  • Jobs, branches safe following Ohio Legacy deal 17 Nov 2009 10:31 GMT
    ... WOOSTER -- Ohio Legacy Corp. will get the ... group of local investors and the seasoned banking professionals we have engaged have been interested ... Hull said. "Ohio Legacy has good, experienced bankers, and with capital in place, we can ...

  • Around the Big Ten: Michigan hoping to relive ancient history 19 Nov 2009 02:59 GMT
    ... University of Michigan coach Rich Rodriguez has some history on ... will be celebrated Saturday, that Rodriguez is banking on for special motivation. The then-No. 1 ...

  • David T. Provost and First Michigan Bancorp, Inc. Complete Private Placement of Common Stock 18 Nov 2009 15:30 GMT
    ... David T. Provost and First Michigan Bancorp, Inc. Complete ... are developed with clients by providing customized banking and investment solutions ideally suited to their ... attention and service provided by our Relationship Bankers sets us apart and it's what has ...

  • Foreclosures keep rising in Ohio, Michigan 20 Nov 2009 14:15 GMT
    ... By LARRY P. VELLEQUETTE BLADE BUSINESS WRITER Mortgage foreclosures ... delinquencies continued to increase in Ohio and Michigan during the late summer as the economy ... to ravage the housing market, the Mortgage Bankers Association said yesterday. Michigan, which has the ...

  • Illinois Retail Bank Selects Compliance Training from Edcomm Banker's Academy 21 Nov 2009 08:53 GMT
    ... Internet, Intranet or CD. The program teaches banking compliance in an interactive, self-paced format. Focus ... and online and print based documentation. Edcomm Banker's Academy offers many off-the-shelf and customized courses ... Training and Systems Training specifically designed for Banks, Credit Unions and Money Services Businesses (MSBs). The ...

  • Carrollton Bank chief sizes up Illinois banking 23 Nov 2009 05:50 GMT
    ... the , one of the largest state banking association in the U.S. He discussed the ... bureaucrats knew the difference between traditional community banks and the Wall Street banks and investment firms ... brokers. They lumped us all in as bankers. The Obama administration has said itself that ...

  • Associated Bank Named Top SBA Lender in Wisconsin for the Fifth Year in a Row 19 Nov 2009 17:51 GMT
    ... recent SBA report. Associated surpassed all other banks in number of loans originated with more than ... title," said Senior Vice President of Business Banking Kerry Barlow. "It is about how many ... estimated 160 communities in Wisconsin, Minnesota, and Illinois. Associated offers a full range of traditional ...

  • Michigan State University Dubai welcomes new faculty from US campus 21 Nov 2009 07:50 GMT
    ... About the new faculty: Harold Sollenberger is Professor of ... union groups, leagues, individual credit unions, and banking schools. Harold has received numerous teaching awards ... and masters degrees from the University of Illinois at Urbana-Champaign in Human Resource Management. Dr. ...

  • More banks offering customers services for mobile devices 24 Nov 2009 09:11 GMT
    ... reliant on their mobile devices, and Milwaukee-area banks and financial industry technology providers are adapting with ... technology providers are adapting with new mobile banking capabilities. In the past year, mobile banking ... said. M&I Bank, which is the largest Wisconsin-based bank, launched mobile banking in October 2008 ...

  • Asian carp nears Lake Michigan 21 Nov 2009 10:32 GMT
    ... invasive and destructive fish out of Lake Michigan. The tests -- taken nearly two months ... said John Rogner, assistant director of the Illinois Department of Natural Resources. The Illinois DNR ... But in the 1990s, ponds overflowed their banks, and the fish ended up in the Mississippi ...

  • Central Illinois Bank parent reports big 3rd-quarter loss 18 Nov 2009 16:50 GMT
    ... CHAMPAIGN – The parent company of Central Illinois Bank reported a net loss of $13.9 ... ratios that exceed those required for well-capitalized banks. But the parent company's capital situation is worse. ... in Illinois and as Marine Bank in Indiana, Wisconsin and Arizona. It is not affiliated ...

  • Ag bankers, FSA officials meet 16 Nov 2009 23:12 GMT
    ... At the annual meeting of agricultural bankers in San Antonio this week, leaders of ... loan program. One of those attending was banker Sam Miller of Appleton, Wisconsin, past chairman ...

  • Exelon Recognized for Leadership in Minority and Community Banking 17 Nov 2009 15:50 GMT
    ... Recognized for Leadership in Minority and Community Banking CHICAGO - (BUSINESS WIRE) - An Exelon ... leadership in partnering with minority and community banks. The National Association of Regulatory Utility Commissioners' Ad ... to approximately 5.4 million customers in northern Illinois and southeastern Pennsylvania and natural gas to ...

  • More venison donated to strapped Ohio food banks to manage high deer populations 23 Nov 2009 15:46 GMT
    ... are donating more venison to strapped food banks as Ohio and other states offer financial aid aimed ... joined a growing number of states — Indiana and Minnesota among them — that saw increased ...

  • Indiana to share $4 million Labor Department grant 19 Nov 2009 09:25 GMT
    ... Indiana is among three states sharing a $4 ... Department of Workforce Development and agencies from Michigan and Ohio will work in a partnership ... employers to post jobs through online job banks, Solis said. "The Midwest has borne the brunt ...

  • Associated Bank Named Top SBA Lender in Wisconsin for the Fifth Year in a Row (BIZ) 19 Nov 2009 17:57 GMT
    ... continued support to small business lending," says SBA ... title," said Senior Vice President of Business Banking Kerry Barlow. "It is about how many ... estimated 160 communities in Wisconsin, Minnesota, and Illinois. Associated offers a full range of traditional ...

  • Ohio, other states giving venison donations a lift 23 Nov 2009 06:50 GMT
    ... are donating more venison to strapped food banks as Ohio and other states offer financial aid aimed ... joined a growing number of states — Indiana and Minnesota among them — that saw increased ...


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