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Equifax Lessons Learned GSB 2018
Is Your Printer Environment a Security Risk? MBA Endorsed Product Vendor Spotlight: Ncontracts Total Vendor Management Solution MBA Cuts Life and Disability Rates 2017 Minnesota Bankers Community Impact Week Recap Equifax Lessons Learned GSB 2018 BUDGET NOW FOR GSB — WHERE BANKING AND LEADERSHIP COME TOGETHER. Programs through the Graduate School of Graduate School of Banking July 29 - August 10, 2018 Banking at the University of Wisconsin - Madison are the best place to hone both banking and Bank Technology Management School leadership skills. GSB programs explore critical April 8 - 13, 2018 banking topics in the real world—with hands-on Human Resource Management School learning and the chance to network, collaborate April 15 - 20, 2018 and learn among some of the brightest Financial Managers School leaders in the industry. Take advantage of the September 9 - 14, 2018 industry’s most powerful banking and leadership Sales and Marketing School – NEW! development programs and take your career, October 14 - 19, 2018 your team—and your bank—further. Bank Technology Security School October 21 - 26, 2018 GSB.ORG table of CONTENTS MBA News The Chair’s Message Published six times a year, MBA News is the official publication of the MBA. Articles focus exclusively on the 4 The Strength of Our Association commercial banking community in Minnesota. Eric Hauth, Managing Editor Cover Focus: Hot Topics 952-857-2605 • [email protected] Questions or comments about MBA News should be directed 8 Community Impact Week to the Managing Editor, Eric Hauth. -
3Rd Quarter 2019
3rd Quarter 2019 DMISCUSSIONINNESOTA CMOMMUNITYATERIALS BANK LANDSCAPE Financial Institutions Group Table of Contents SECTION DESCRIPTION I. 3rd Quarter Feature – 2019 FDIC Deposit Data II. Minnesota Bank Regulatory Data III. Overview – Janney Montgomery Scott LLC Disclaimer Janney Montgomery Scott LLC prohibits its employees from directly or indirectly offering a favorable research rating or specific price target, or offering to change a rating or price target, as consideration or inducement either for the receipt of business or for compensation. 2 I. 3RD QUARTER FEATURE – 2019 FDIC DEPOSIT DATA 2019 DEPOSIT MARKET SHARE – MINNESOTA Minnesota Minnesota 2019 2019 2019 Number of Deposits In Total Market 2019 Number of Deposits In Total Market Rank Institutions (ST) Branches Market ($000) Share(%) Rank Institutions (ST) Branches Market ($000) Share(%) 1 U.S. Bancorp (MN) 138 76,048,256 32.24 26 Deerwood Bancshares, Inc. (MN) 14 609,057 0.26 2 Wells Fargo & Company (CA) 147 70,357,719 29.83 27 215 Holding Company (MN) 16 595,782 0.25 3 Bremer Financial Corporation (MN) 53 8,195,738 3.47 28 HMN Financial, Inc. (MN) 12 583,123 0.25 4 TCF Financial Corporation (MI) 89 6,893,833 2.92 29 MidCountry Acquisition Corporation (MN) 13 582,755 0.25 5 Bank of Montreal 23 3,997,930 1.69 30 Mesaba Bancshares, Inc. (MN) 16 560,639 0.24 6 Old National Bancorp (IN) 35 3,175,510 1.35 31 Citizens Bank Group, Inc. (MN) 7 555,686 0.24 7 Bank of America Corporation (NC) 11 3,133,900 1.33 32 Fishback Financial Corporation (SD) 7 535,098 0.23 8 Ameriprise Financial, Inc. -
Community Bank Advisory Council Chair Tyrone Fenderson Jr
Community Bank Advisory Council 1 Community Bank Advisory Council Chair Tyrone Fenderson Jr. currently serves as President and Chief Executive Officer of Commonwealth National Bank. He has more than 21 years of banking experience in regional and community banks throughout Alabama. He is a member of Commonwealth National Bank's Board of Directors and serves as Chief Executive Officer of the Bank’s holding company; CNB Bancorp, Inc. Mr. Fenderson is also a member of America’s Community Bankers Council, where he plays an advisory role to the Chairman of the American Bankers Association. Vice Chair Guillermo Diaz-Rousselot currently serves as President and CEO of Continental National Bank a $365 million asset bank in Miami, where he has worked for the past 38 years. He serves on the Office of the Comptroller of the Currency Minority Depository Institution Advisory Council and the Minority Depository Advisory Council. Mr. Diaz-Rousselot is also a Director of the American Bankers Association and recently concluded a two-year term as Chairman of the Minority Council of the Independent Community Bankers Association. Guillermo also serves as a board member of both Citizen’s Crime Watch and the Center for Financial Training (CFT). He also Co-chairs the Banking and Finance Committee of the Greater Miami Chamber of Commerce. Angela Beilke currently serves as Vice President, Mortgage Department Manager of American Bank & Trust. She has been with American Bank &Trust since 2005 and has more than 15 years of industry experience. Ms. Beilke has extensive knowledge & expertise in Legal Issues, Community Banking, Supervisory Management, Mortgage Accounting, Mortgage Servicing Law, Federal Rules and Regulations and Technology in Mortgage Banking. -
CRA Evaluation Charter No. 718037
PUBLIC DISCLOSURE October 13, 2016 COMMUNITY REINVESTMENT ACT PERFORMANCE EVALUATION Think Mutual Bank Charter Number 718037 5200 Members Parkway, NW Rochester, MN 55903-5949 Office of the Comptroller of the Currency Campbell Mithun Tower 222 South Ninth Street Suite 800 Minneapolis, MN 55402-3393 NOTE: This document is an evaluation of this institution's record of meeting the credit needs of its entire community, including low- and moderate-income neighborhoods, consistent with safe and sound operation of the institution. This evaluation is not, and should not be construed as, an assessment of the financial condition of this institution. The rating assigned to this institution does not represent an analysis, conclusion, or opinion of the federal financial supervisory agency concerning the safety and soundness of this financial institution. Charter Number: 718037 Table of Contents OVERALL CRA RATING ....................................................................................................................... 2 DEFINITIONS AND COMMON ABBREVIATIONS ........................................................................... 3 DESCRIPTION OF INSTITUTION ........................................................................................................ 7 SCOPE OF THE EVALUATION ............................................................................................................ 8 CONCLUSIONS WITH RESPECT TO PERFORMANCE TESTS................................................. 10 LENDING TEST .................................................................................................................................