Christopher Bottorff Named to NWSB Board
CHARLESTOWN, Ind.,—NWSB has appointed Christopher Bottorff to the Board of Directors of the bank’s holding company, New Independent Bancshares, Inc. (NIB) and The New Washington State Bank (NWSB). “We are thrilled to welcome Chris to the board of both NIB and NWSB,” said Syd Whitlock, NWSB President. “His experience, dedication to the bank and to…
Pathfinder Promotes Four to Key Roles
OSWEGO, N.Y.,—Pathfinder Bank has promoted four long-standing team members to key leadership roles. Mary McConkey has been promoted to First Vice President, Electronic Commerce Manager. McConkey joined Pathfinder Bank in 2007 as a teller and transitioned to the E-Commerce Department in July 2008, where she has held several key roles, most recently Vice President, Electronic…
United Bankers’ Bank Names CEO and President
BLOOMINGTON, Minn.,—United Bankers’ Bank (UBB) and its holding company United Bankers’ Bancorporation has appointed Jim Amundson CEO and Jen Severson President. Jim Amundson joins UBB with a remarkable career dedicated to community banking. Most recently, Jim served as President and CEO of BankIn Minnesota, where he has been a strong advocate for Minnesota’s community banks…
OCB Names Dan Carey EVP
OREGON, Wis.,—One Community Bank has promoted of Dan Carey to Executive Vice President. In his new role, Dan joins the One Community Bank executive team and will help guide initiatives across the organization. Dan also remains OCB’s Chief Commercial Officer, and will continue to help the commercial team grow and thrive. “Dan brings an incredible…
County National Promotes Lawson, Clark, Phillips
HILLSDALE, Mich.,—County National Bank has promoted Erik Lawson, Chris Clarke and Christopher Phillips to Executive Vice President roles, according to Joseph R. Williams, President and CEO of County National Bank. Erik Lawson has been named EVP – Chief Financial Officer. “Erik has played an important role in the success of CNB over the past seven…
Consumers to Add Canton Branch
MINERVA, Ohio,—Consumers National Bank has received approval from the Office of the Comptroller of the Currency (OCC) for its application to operate a new full-service branch office the Millenium Building in downtown Canton, Ohio. The approval marks the bank’s tenth branch in Stark County and its 23rd in the bank’s six county market. Consumers National…
AI in Banking: The Good, the Bad and the Ugly
By Raj Patel “Only 25% of financial institutions use AI to reinforce their competitive position. The remainder are stuck in isolated pilots rather than pursuing comprehensive strategies.” — Boston Consulting Group Artificial Intelligence (AI) is no longer a futuristic concept for banks—it’s here, and it’s reshaping the financial industry at breakneck speed. But like any…
Timely Financial Considerations for New Small Business Ownership
By Michael Stodolak Changes in career fields and the economy may encourage more people to pursue a new path. Whether driven by corporate layoffs, burnout, or a simple desire for greater independence, many individuals are considering starting their own business. Across the Great Lakes region, states are experiencing a steady stream of new business applications;…
Balancing AI-Driven AML With Human Control
By Jessica Tirado Artificial intelligence (AI) isn’t just for big banks anymore. One compelling use case for community financial institutions: reducing the cost, effort, and headache of AML compliance. An AI-powered AML solution can automatically review millions of transactions overnight, surface unusual activity, and even draft a suspicious activity report (SAR) while your analysts sleep….
Exploring the Intersection of Community Banking and Cutting-Edge Lending Technology
An Interview with Cynthia Miller, Cync Software Great Lakes Banker Publisher Greg O’Neil sat down with Cynthia Miller of Cync Software on the subject of how the latest technology is shaping community banking. Q: Cynthia, you started your career as a community banker. How did that journey evolve into building lending technology products? A: I…