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Flanagan State Bank
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Summary
location iconFlanagan, Illinois
website
company sizeCompany size: 51-200

Flanagan State Bank was founded in 1913, and has been family-owned since Hank Schwerin became involved in the 1930's. Flanagan State Bank has 13 branches in their local area. Flanagan State Bank operates as a full-service bank. The Bank offers savings accounts, debit and credit cards, personal and business loans, certificate of deposits, commercial lending, cash management, mobile banking, safe deposit boxes, and wire transfers.

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Commercial Banks
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Flanagan State Bank - Recent News & Articles

China keeps benchmark lending rates unchanged as it contends with a weakening yuan

The People’s Bank of China held the 1-year loan prime rate at 3.1%, and the 5-year LPR at 3.6%, according to the PBOC statement. The PBOC has ramped up measures lately to avoid a sharp fall in the cur...

Source: CNBC

WaFd sheds 8% of staff with mortgage exit

WaFd Bank is exiting the single-family mortgage lending business, spurring an 8% reduction in the lender’s workforce, the Seattle-based bank said Thursday. The job cuts affect 174 employees, based on ...

Source: Banking Dive

Bank of Korea leaves rates unchanged in a surprise move, warns GDP growth ‘highly likely’ to miss forecasts

The Bank of Korea held its benchmark policy rate at 3% in a surprise move so as to assess changes in domestic and external economic conditions. The BOK’s decision surprised economists polled by Reuter...

Source: CNBC

Fed Governor Bowman says December interest rate cut should be the last

Federal Reserve Governor Michelle Bowman said Thursday she supported the recent interest rate cuts but said the December reduction should be the “final step” in the easing process. Even with the full ...

Source: CNBC

20 banks and thrifts with the most home equity loans

The top five banks and thrifts with the largest portfolios of home equity loans had more than $94 million in loans combined for the third quarter of last year — more than half of the roughly $178 mill...

Source: American Banker

China will sharply increase funding from treasury bonds to spur growth in 2025

China will sharply increase funding from ultra-long treasury bonds in 2025 to spur business investment and consumer-boosting initiatives, a state planner official said on Friday, as Beijing cranks up ...

Source: Reuters

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Source: Finextra

Why BlackRock is shelling out $12bn for private credit shop HPS

HPS Investment Partners could hardly be more different than its suitor, BlackRock. Whereas BlackRock, an $11.5tn powerhouse, is best known for investing clients’ funds across huge swaths of public mar...

Source: Financial Times

US fintech Chime reportedly submits confidential filing for potential 2025 IPO

Chime Financial has reportedly confidentially filed for an initial public offering (IPO) in the US, according to a report by Bloomberg. The Bloomberg report, citing sources familiar with the matter, s...

Source: FinTech Futures

Russian central bank surprises markets by holding key rate at 21%

Russia’s central bank on Friday unexpectedly left its key interest rates unchanged at 21%, citing improved monetary tightness that had created the conditions to tame sky-high inflation. Markets had wi...

Source: CNBC