Banking & Finance

Golf outing raises $46,500 for charity

This year’s First Business Bank Charity Golf Invitational raised $46,500 to be shared between Middleton Outreach Ministry, Boys & Girls Clubs of Dane County, McFarland Food Pantry, Garding Against Cancer, and the Diocese of Madison Foundation.

Lessons from the Great Recession about COVID economic recovery

The long-term economic effects of the COVID-19 pandemic will take years to ascertain fully. To overcome the economic challenges created by the pandemic and its fallout, it’s important to have a good initial understanding of the state of U.S. business creation and longevity prior to the current COVID-19 crisis.

Local health IT companies gain funding

Wellbe, maker of digital health care tools for patients and providers, has received more than $2 million in investment commitments by HealthX Ventures with co-investment by WISC Partners.

WDFI cautions investors about crypto accounts

The Wisconsin Department of Financial Institutions (WDFI) is cautioning Wisconsin investors about the risks associated with interest-bearing crypto assets and cryptocurrency accounts.

Illinois company acquires Madison National Life

Horace Mann Educators Corp., a Springfield, Illinois-based provider of insurance and retirement products to educators and school employees, will acquire Madison National Life for $172.5 million.

Enhanced child tax credit rolls out

The American Rescue Plan’s increased Child Tax Credit — to $3,600 for every child under six and $3,000 for every child aged six and over — begins today.

Local credit union cuts fees

UW Credit Union has cut its overdraft and nonsufficient funds fees to $5 per occurrence to simplify its policies and support more equitable banking.

DFI issues advisory to investors

The Wisconsin Department of Financial Institutions (DFI) has issued an advisory explaining that investors should understand expense ratios when comparing mutual funds and exchange-traded funds.

Riding the I-train

Inflation has been called the invisible tax because there’s no congressional legislation, no start or end date, and no splashy headlines to, frankly, tick people off.

In Business magazine