http://www.terryburrington.com/blog Providing banking news in Wisconsin that Wisconsin Bankers can use. Keep on top of all the banking issues that are affecting Wisconsin in one place. If you would like to receive these updates by email please subscribe by entering your email address on the right. There is no cost and no obligation. Sun, 25 Dec 2011 12:37:08 +0000 en hourly 1 http://wordpress.org/?v=3.1 http://www.terryburrington.com/blog/index.php/flynn-leads-associated-out-of-slump/ http://www.terryburrington.com/blog/index.php/flynn-leads-associated-out-of-slump/#comments Sun, 25 Dec 2011 12:37:08 +0000 editor http://www.terryburrington.com/blog/?p=3283 When Philip B. Flynn became chief executive of the parent company of Associated Bank last December, Associated Banc-Corp’s loan portfolio was ailing and the company was headed toward a losing quarter. The company’s stock price was down 45% for the year. But a year later, Associated appears to have emerged from its slump. Read more in the Milwaukee Journal Sentinel. ]]> http://www.terryburrington.com/blog/index.php/flynn-leads-associated-out-of-slump/feed/ 0 http://www.terryburrington.com/blog/index.php/manitowoc-banker-paul-benz-dies/ http://www.terryburrington.com/blog/index.php/manitowoc-banker-paul-benz-dies/#comments Mon, 28 Feb 2011 04:41:03 +0000 editor http://www.terryburrington.com/blog/?p=3459 Paul H. Benz, 71, of Two Rivers, died Feb. 25, 2011. He had worked for Bank First National until his retirement in 2009. Read the full obituary in the Green Bay Press Gazette. ]]> http://www.terryburrington.com/blog/index.php/manitowoc-banker-paul-benz-dies/feed/ 0 http://www.terryburrington.com/blog/index.php/social-security-scam-reported/ http://www.terryburrington.com/blog/index.php/social-security-scam-reported/#comments Mon, 28 Feb 2011 04:40:29 +0000 editor http://www.terryburrington.com/blog/?p=3457 The local Social Security office has informed the Manitowoc County Aging & Disability Resource Center of a phone scam targeting Social Security and SSI recipients, according to the Manitowoc Herald Times Reporter. ]]> http://www.terryburrington.com/blog/index.php/social-security-scam-reported/feed/ 0 http://www.terryburrington.com/blog/index.php/think-like-a-banker-in-foreclosure/ http://www.terryburrington.com/blog/index.php/think-like-a-banker-in-foreclosure/#comments Mon, 28 Feb 2011 04:39:22 +0000 editor http://www.terryburrington.com/blog/?p=3455 “Don’t give up your home without a ‘good’ fight. We don’t mean tearing the house apart or suing the bank. We mean an intelligent battle during which you make the best financial decisions for your future,” writes Mark Balaban of the Manitowoc County Board of Realtors in a Manitowoc Herald Times Reporter column. ]]> http://www.terryburrington.com/blog/index.php/think-like-a-banker-in-foreclosure/feed/ 0 http://www.terryburrington.com/blog/index.php/14-of-wis-home-sales-were-foreclosures/ http://www.terryburrington.com/blog/index.php/14-of-wis-home-sales-were-foreclosures/#comments Sat, 26 Feb 2011 04:44:38 +0000 editor http://www.terryburrington.com/blog/?p=3469 Nearly 14 percent of all homes sold in Wisconsin last year were foreclosure properties, and they tended to sell for about 35 percent less than non-foreclosed homes, according to RealtyTrac. Nationally in 2010, about 26 percents of all U.S. residential sales were foreclosure deals and the average discount was 28 percent. Read the Milwaukee Journal Sentinel article. ]]> http://www.terryburrington.com/blog/index.php/14-of-wis-home-sales-were-foreclosures/feed/ 0 http://www.terryburrington.com/blog/index.php/madison-gets-economic-development-grant/ http://www.terryburrington.com/blog/index.php/madison-gets-economic-development-grant/#comments Sat, 26 Feb 2011 04:44:04 +0000 editor http://www.terryburrington.com/blog/?p=3467 Thrive, the Madison region economic development organization, is getting a $97,500 grant from the U.S. Economic Development Administration. The grant will help Thrive create a comprehensive economic development strategy, according to the Wisconsin State Journal. ]]> http://www.terryburrington.com/blog/index.php/madison-gets-economic-development-grant/feed/ 0 http://www.terryburrington.com/blog/index.php/bank-owned-properties-overrun-market/ http://www.terryburrington.com/blog/index.php/bank-owned-properties-overrun-market/#comments Sat, 26 Feb 2011 04:43:28 +0000 editor http://www.terryburrington.com/blog/?p=3465 There were 1,117 foreclosures cases in Adams, Columbia, Sauk and Juneau counties in 2010. “At one time, foreclosures were nearly unheard of in the area, local realtors say. But now, the glut of bank-owned properties, or REOs, have overrun the market – and may continue to do so for several more years,” according to the Wisconsin Dells Events. ]]> http://www.terryburrington.com/blog/index.php/bank-owned-properties-overrun-market/feed/ 0 http://www.terryburrington.com/blog/index.php/bank-mutual-svp-leaving-job/ http://www.terryburrington.com/blog/index.php/bank-mutual-svp-leaving-job/#comments Sat, 26 Feb 2011 04:42:52 +0000 editor http://www.terryburrington.com/blog/?p=3463 Christopher Callen will leave his position as senior vice president of lending at Bank Mutual for unspecified reasons. Bank Mutual disclosed in a regulatory filing Thursday that Callen, who has been an executive officer with Bank Mutual Corp. since 1998, will leave his position on March 18, the Business Journal reported. ]]> http://www.terryburrington.com/blog/index.php/bank-mutual-svp-leaving-job/feed/ 0 http://www.terryburrington.com/blog/index.php/one-in-five-wis-banks-ends-year-with-loss/ http://www.terryburrington.com/blog/index.php/one-in-five-wis-banks-ends-year-with-loss/#comments Sat, 26 Feb 2011 04:41:52 +0000 editor http://www.terryburrington.com/blog/?p=3461 Fifty-six Wisconsin banks — or one of every five — ended 2010 with a loss, according to new FDIC figures. In 2009, 73 banks, or 26 percent, reported a net loss for the year. M&I Marshall & Ilsley Bank had the biggest net loss, at $503.3 million, in 2010, followed by Johnson Bank, Racine, $135.3 million, and Bank Mutual, Brown Deer, $72.2 million, the Wisconsin State Journal reported. ]]> http://www.terryburrington.com/blog/index.php/one-in-five-wis-banks-ends-year-with-loss/feed/ 0 http://www.terryburrington.com/blog/index.php/thrivent-grows-core-businesses-by-10/ http://www.terryburrington.com/blog/index.php/thrivent-grows-core-businesses-by-10/#comments Fri, 25 Feb 2011 04:45:10 +0000 editor http://www.terryburrington.com/blog/?p=3471 Thrivent Financial’s core businesses of life and health insurance and annuity sales grew by 10.1 percent in 2010, according to the company. The not-for-profit membership organization, which is headquartered in Minneapolis and has a large presence in Appleton, characterized its annual financial results as “strong” and noted that eligible members will receive an estimated $304 million in dividends this year, the Milwaukee Journal Sentinel reported. ]]> http://www.terryburrington.com/blog/index.php/thrivent-grows-core-businesses-by-10/feed/ 0