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Mobile Banking Usage to Quadruple by 2014
Posted on April 10th, 2010 No commentsThe cell phone is like a “little bank branch,” now that mobile banking is finally taking hold. Some 12 million people used mobile banking services last year, and that number is expected to nearly quadruple by 2014. And not just big banks are offering the service. Read the WTMJ-TV Milwaukee story.
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Baumgarten Named Bank Mutual President
Posted on April 10th, 2010 No commentsDavid Baumgarten, an executive vice president with Associated Bank, was named president of Bank Mutual. He succeeds Michael Crowley Jr., who remains as chairman and CEO. Crowley also is chairman, president and CEO of parent company Bank Mutual Corp. Read more in the Green Bay Press Gazette and the Milwaukee Business Journal.
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Madison-Area Banks Listed by Ratings
Posted on April 10th, 2010 No commentsIn Wisconsin, 14 financial institutions received TheStreet.com ratings of A- or higher at the end of 2009, down from 25 a year earlier. Fifteen were given an E+ or lower, compared to four, for the 2008 fourth quarter. “We don’t put a lot of credence into these (ratings). We see these as fundamentally flawed,” Kurt Bauer, president and chief executive officer of the Wisconsin Bankers Association, told the Wisconsin State Journal article. Read the article.