Minnesota

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.

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.

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

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

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

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

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 the decision.

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

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

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.