Reposition
Russell, Minnesota
Company size: 5000+First Independent Bank is a collaborative group of advocates for businesses and families in Minnesota. Independent Bank exists to be a thriving independent community bank by building mutually beneficial relationships with their customers, employees, and local communities. With the expertise and resources of a large bank, and with over 100 years of banking leadership, First Independent Bank advocates for businesses and farming operations of all sizes. We make financial solutions available that will keep farms and businesses healthy and growing.
First Independent Bank - Recent News & Articles
The first bank failure of 2024 punctuates the discord that has brewed at Republic First for more than two years. Fulton, meanwhile, will double its Ph...
The Federal Reserve is stressing the importance of fintechs and core providers for the future expansion of its new instant payments system FedNow. The...
In the six months following its groundbreaking launch in July 2023, FedNow has emerged as a transformative force in real-time payments, marking a sign...
Banks have now regained all deposits they lost following the collapse of Silicon Valley Bank. But that doesn't solve many of the problems still faced ...
The six largest U.S. banks saw delinquent commercial property loans nearly triple to $9.3 billion in 2023 amid high vacancy rates and increasing borro...
Goldman Sachs Asset Management is reportedly planning a major expansion of its private credit portfolio. The Wall Street giant aims to grow that portf...
Federal Reserve Chair Jerome Powell joined a chorus of US officials who have argued that mounting bad commercial real estate loans will likely cause s...
The $1 billion-plus injection that New York Community Bank announced Wednesday is the latest example of private equity players coming to the need of a...
Temenos shares were down over 6% on Friday after closing over 28% lower on Thursday. The Swiss software company said its board of directors “fundament...
New York Community Bancorp Inc.’s stock lost more than a third of its value Wednesday in its steepest one-day drop ever, after it posted a surprise lo...