News Topic: minnesota

Sunrise Banks in Minnesota offers products and services designed to help underserved communities and works with fintechs that have a similar mission. ... Read full article

Fiserv will buy the business, once known as Elan ATM and Debit Processing, for $690 million. ... Read full article

Olson ran a bank founded by his father in his hometown of Fergus Falls, Minn., before a long career in Washington. ... Read full article

Small banks and credit unions say slow responses and outdated products from the establishment tech vendor can become a drag on their innovation efforts. ... Read full article

The family that owns KleinBank negotiated for employee incentives for nonrelatives and retention awards as part of the Minnesota bank's proposed sale to Old National. ... Read full article

Banks are adjusting loan terms, making use of federal loan guarantees and working with farmers to find new markets, all in an effort to mitigate the damage from a likely drop in soybean exports. ... Read full article

Old National will have the fifth-biggest deposit market share in the city when it completes the $434 million acquisition. ... Read full article

Park Financial has agreed to buy shares from one of the founders of Mesaba Bancshares. ... Read full article

After a long battle with the Justice Department over redlining charges, KleinBank caved as legal costs soared. ... Read full article

Anderson Insurance & Investment Agency in Minneapolis also specializes in workers' compensation services. ... Read full article

National Credit Union Administration Board Member Rick Metsger says a federal judge overstepped the court's bounds when striking down portions of the agency's field-of-membership rule, but stopped short of saying the regulator planned to appeal ... Read full article

Choice, which has a history of acquisitions, is buying a financial institution that largely focuses on business banking. ... Read full article

The company could use proceeds from the planned offering to add branches and make bigger loans. ... Read full article

The Kansas City, Mo., company sold Marquette Asset Management, a business it gained as part of its purchase of Marquette Financial Cos., to the firm's principals. ... Read full article

The bank will step onto the national stage this weekend when the Patriots and Eagles face off at the Minneapolis stadium where it holds the naming rights. It has taken steps to capitalize on the exposure ahead of its expansion into new markets. ... Read full article

Wings Financial Credit Union will also gain about $40 million in deposits and $10 million in loans. ... Read full article

The Fed approved an application giving Natcom Bancshares indirect control over Republic Bank, refusing to take into account claims the transaction imperils the target's S corporation status. ... Read full article

The bank has taken a decisive step to protect its asset quality, but the move also raises questions about what will drive loan growth in the future — and whether the company is on the block. ... Read full article