First International Bank plans to rename the company Kotapay, while expanding services that include handling direct deposit and credit card processing for financial firms.
Only North Dakota has its own state-owned bank, but policymakers in other states say more public banks are necessary to fully meet society's needs. Among those who proponents say would benefit the most: small-business owners and legal marijuana suppliers and distributors.
An episode of "Oprah" changed how this North Dakota bank thinks about corporate giving. But the way it distributes donations is not the only thing that sets it apart. Call Michael Solberg crazy if you want, but he says the results validate Bell's philosophy of generosity.
A deal between Pembina County Bankshares and Drayton Bancor would combine two small banks that operate on both sides of the North Dakota-Minnesota border.
Weakness in the energy sector and a surge in new construction are pushing up vacancy rates at offices and hotels, leading to a spike in delinquencies on loans tied to them. The safer bet, bankers say, is lending on industrial properties.
Voters in Florida, North Dakota, Montana and Arkansas approved medical marijuana measures on Tuesday, while their counterparts in California, Massachusetts and Nevada approved recreational pot initiatives.
CapStar Financial Holdings in Nashville, Tenn., whose board includes a top Credit Suisse executive, has filed plans to raise up to $46 million in an initial public offering.
Sometimes the very challenges millennials introduce whether it is seeking more benefits, demanding flexible schedules or asking for frequent feedback on performance can turn banks into better places to work for employees of all ages.
