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When jobs fall short, REDI loan recipients face financial penalty

April 8, 2014 in Uncategorized

PIERRE — The state Board of Economic Development adopted a new policy Tuesday for businesses that receive low-interest state loans for projects but don’t fulfill their job-creation agreements.

The board now will require that a business pay b…continue reading on mitchellrepublic.com

Banking on growth: Trend of fewer small banks continues across the country

March 21, 2014 in Uncategorized

GRAND FORKS — A mix of increased competition and regulations are contributing to a decades-long trend of fewer small banks across the country.
That trend was exemplified by Choice Financial Group’s recent acquisition of Great Plains National Ban…continue reading on thedickinsonpress.com

Banking on growth: Trend of fewer small banks continues across the country

March 21, 2014 in Uncategorized

By John Hageman
Forum News Service
GRAND FORKS — A mix of increased competition and regulations are contributing to a decades-long trend of fewer small banks across the country.
That trend was exemplified by Choice Financial Group’s recent acq…continue reading on thedickinsonpress.com

Banking on growth: Trend of fewer small banks continues across the country

March 21, 2014 in Uncategorized

By John Hageman
Forum News Service
GRAND FORKS — A mix of increased competition and regulations are contributing to a decades-long trend of fewer small banks across the country.
That trend was exemplified by Choice Financial Group’s recent acq…continue reading on thedickinsonpress.com

Plan to unwind Fannie, Freddie pits taxpayers vs. shareholders

March 14, 2014 in Uncategorized

By Dina Elboghdady

WASHINGTON — The newest Senate plan to dismantle Fannie Mae and Freddie Mac omits at least one major detail: What happens to the private investors who scooped up the mortgage companies’ shares in hopes of getting a portion o…continue reading on mitchellrepublic.com

Plan to unwind Fannie, Freddie pits taxpayers vs. shareholders

March 14, 2014 in Uncategorized

By Dina Elboghdady

WASHINGTON — The newest Senate plan to dismantle Fannie Mae and Freddie Mac omits at least one major detail: What happens to the private investors who scooped up the mortgage companies’ shares in hopes of getting a portion o…continue reading on mitchellrepublic.com

Greg Ryamo adds CEO title at First State Bank Southwest

February 23, 2014 in Uncategorized

 

WORTHINGTON — With the recent retirement of longtime First State Bank Southwest leader Alvin Kooiman, Greg Raymo has now added CEO to his administrative duties at the financial institution.
Raymo, who had been already serving as presiden…continue reading on dglobe.com

SD lawmaker wants to tighten payday loan rules

February 18, 2014 in Uncategorized

By Chet Brokaw

PIERRE — After negotiating with representatives of the payday lending industry, Rep. Steve Hickey has come up with a proposal he hopes the South Dakota Legislature will pass to put restrictions on the short-term loans he says can …continue reading on mitchellrepublic.com

SD lawmaker wants to tighten payday loan rules

February 18, 2014 in Uncategorized

By Chet Brokaw

PIERRE — After negotiating with representatives of the payday lending industry, Rep. Steve Hickey has come up with a proposal he hopes the South Dakota Legislature will pass to put restrictions on the short-term loans he says can …continue reading on mitchellrepublic.com

SD lawmaker wants to tighten payday loan rules

February 18, 2014 in Uncategorized

By Chet Brokaw

PIERRE — After negotiating with representatives of the payday lending industry, Rep. Steve Hickey has come up with a proposal he hopes the South Dakota Legislature will pass to put restrictions on the short-term loans he says can …continue reading on mitchellrepublic.com