Black Hills FCU names longtime exec as next CEO
Chief Operations Officer Jerry Schmidt will take over at the Rapid City, S.D.-based institution in early January. ... Read full article
Chief Operations Officer Jerry Schmidt will take over at the Rapid City, S.D.-based institution in early January. ... Read full article
The region now leads the nation in virus cases, and with winter lurking the fear is that the outbreak will only get worse. ... Read full article
Referendums that legalized marijuana and sports wagering in several states could incentivize banks to do business with companies in these sectors. Payday loan and privacy measures that passed Tuesday also have implications for the industry. ... Read full article
The new name is the third time the association has modified its name since leagues for the two states merged in 2007. ... Read full article
The company also disposed of a large agricultural loan that was nonperforming. ... Read full article
The decision to bring in Michael Doyle follows a quarter where the South Dakota company reported a spike in net charge-offs. ... Read full article
The South Dakota company discovered "inappropriate user access" to applications at Crestmark Bancorp, which it bought last year. ... Read full article
The South Dakota company warned that it will charge off millions of dollars in loans to dairy and cattle farmers. ... Read full article
Brad Hanson has been with the South Dakota company since founding its payment services division in 2004. ... Read full article
Doug Bass had been one of the South Dakota company's regional presidents. He succeeded Ken Karels, who remains chairman and CEO. ... Read full article
Kathy Thorson, who is currently a market president at MetaBank, will oversee strategy for all of its four markets. ... Read full article
Great Western is looking to hire a president to give CEO Ken Karels more time to focus on leadership and growth initiatives. ... Read full article
Meta expects to originate $500 million to $1 billion in personal loans as part of a three-year partnership with Liberty Lending in New York. ... Read full article
Banks that have flocked to the business because of higher yields and loan diversity stand to benefit if clients use tax savings to upgrade equipment. ... Read full article
The payments company will pay $321 million for Crestmark Bank, a commercial lender that focuses on asset-based lending, equipment finance and government-guaranteed loans. ... Read full article