Fed: State-chartered banks are stable, but lending still slow (update)
Minnesota banks are moving steadily into safer territory as more borrowers repay their delinquent loans and banks write off or sell the worst of their bad loans.
View ArticleFargo bank joins the Dakota migration to Twin Cities
The economy has been booming in the Dakotas, and that’s pushed four of their top homegrown banks to head for the Twin Cities.
View ArticleOREO still a hurdle as banks creep back to stability
Minneapolis Fed economist says state 'almost out of the crisis period.' But Minnesota banks still have one big headache – all the properties they’ve taken back from failed borrowers.
View ArticleReport: Despite uptick, banks still shaky (update)
Minnesota and Twin Cities banks continued to strengthen a bit during the second quarter, but weak loan volume and a sluggish economy mean the recovery remains precarious.
View ArticleBank deposits up as spending stays flat
The attention-grabbing part of the Federal Deposit Insurance Corp.’s annual deposit ranking of area banks was Wells Fargo Bank’s doubling of its deposits, based at least in part on accounting moves....
View ArticleLow rates, low prospects for community banks
A small but undeniable economic recovery is under way in Minnesota and the U.S., but many of the Twin Cities’ smaller banks haven’t been able to take part.
View ArticleNo loans, weak earnings still dog Twin Cities banks
Performance by Minnesota and Twin Cities banks continued to improve in the third quarter but only slightly, according to a quarterly survey by the Federal Reserve Bank of Minneapolis.
View ArticleMinneapolis Fed sees little bounce for banks in 2013
Community banks in Minnesota and the Twin Cities will continue to grow a little stronger in 2013, but the improvements are going to slow, according to an annual forecast from the Federal Reserve Bank...
View ArticleFed: Competition pushing down banks’ loan margins (update)
Minnesota- and Twin Cities-based banks are not making as much off their loans, the Federal Reserve Bank of Minneapolis reported Thursday.
View ArticleApartment boom equals financing boom
Local community banks are getting in on the action when it comes to the Twin Cities apartment market boom, which is providing a bright spot amid otherwise ho-hum results.
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