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M&I Again Extends Foreclosure Moratorium
Posted on July 2nd, 2010 No commentsMarshall & Ilsley Corp. has again extended a moratorium on home foreclosures that has been in place since December 2008 – this time through Sept. 30, 2010, The Business Journal of Milwaukee reported.
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Experience Adds Up for Markesan Bank Execs
Posted on July 2nd, 2010 No commentsMarkesan State Bank President Alan Zastrow and Senior Vice President Dennis Prochnow have a combined 80 years of experience in banking and both are still going strong. “Banking has changed a lot since I started,” Prochnow said. “Although I no longer work in lending, when I began we lived by the three C’s of credit: character, capacity and collateral. Character came first. I know rules and regulations are necessary, but sometimes it seems to me the character factor is being phased out or forgotten by those same rules and regulations.” Read the story in the Beaver Dam Daily Citizen.
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New Twist on ATM Skimming Reported
Posted on July 2nd, 2010 No commentsA new twist on an old scam has people missing money from their bank accounts as thieves are using new high-tech ATM skimmers to steal account information. In addition to the traditional skimming device placed into the card slot, clear plastic overlays are placed on top of the number pad to capture PINs, WFRV-Channel 5 in Green Bay reported.