Deluxe Corp. / Minneapolis
The company announced in December it would acquire SNL Banker Cloud, a robust community bank-focused data analytics solution that provides actionable business intelligence. SNL will be incorporated into the company’s existing Banker’s Dashboard platform.
Endeavor IT / Coopersville, MI
IT Resource LLC, an IBA associate member, merged with Synergetics DCS, effective Jan. 1, to become Endeavor IT. Both companies were already sister companies under the umbrella of Endeavor Communications but have now merged into a single entity, still under Endeavor Communications. Clients with existing contracts with either company will continue to work with the same team members and managers but now have access to a broader range of solutions offered by the newly combined company. Endeavor IT will have a footprint in the North, Midwest and South.
Federal Reserve Bank of St. Louis
Alberto G. Musalem will assume the role of president and CEO of the St. Louis Fed starting April 2. He has more than 27 years of public and private sector experience in economic policy, finance and markets, including time as executive vice president, senior advisor to the president of the New York Fed.
Musalem is an adjunct professor at Georgetown University’s McDonough School of Business and serves on the boards of the Federal Home Loan Mortgage Corporation (Freddie Mac) and Man Group. He will step down from those positions before taking office. Musalem is also a member of the Council on Foreign Relations and the Economic Club of New York. The 55-year-old was born in Colombia and lived in Brazil and Argentina before immigrating to the U.S. and graduating from Maryland’s public school system. He went on to earn his bachelor’s and master’s degrees from the London School of Economics and Political Science, and a Ph.D. from the University of Pennsylvania.
Musalem will serve out the remainder of Jim Bullard’s five-year term, which ends on Feb. 28, 2026, at which time he will be considered for reappointment. As president of the St. Louis Fed, he will rotate with the other regional presidents as a voting member of the Federal Open Markets Committee. He will participate in FOMC meetings upon taking office and be a voting member in 2025.
Independent Correspondent Bankers’ Bank Inc. / Frankfort, KY
Carol Brewer has been promoted to the newly created role of customer experience manager. She has been with the company since 1997.
Northland / Minneapolis
Northland Securities Inc. rebranded to Northland, effective Jan. 1. The move followed the company’s parent, Northland Capital Holdings, being acquired by First National of Nebraska Inc. in May 2023. Northland’s capital markets divisions and all other Northland subsidiaries likewise are now all under the singular Northland brand, which will operate as a direct subsidiary of FNNI.
PWCampbell / Pittsburgh
James Caliendo, the company’s longtime president and CEO, retired effective Dec. 31, 2023. He started with the company in 1999 as senior vice president, moving to president and CEO in 2005. Carlin Campbell, one of the company’s principals and owners, was promoted to CEO effective Jan. 1, 2024, and Dean Giordano was promoted from executive vice president – design & construction to executive vice president and COO.
New Associate Members
Cressy Commercial Real Estate
Amber Pulford, (574) 315-6889
Cressy.com
Cressy Commercial Real Estate is a full-service brokerage, development, construction and property management services company. With local roots and global reach, the company has proudly served Indiana for over 75 years.
Funding Circle
Christopher Connor, (315) 729-7798
FundingCircle.com
For over a decade, Funding Circle has been helping small businesses access the capital they need to grow. By partnering with Funding Circle, community banks gain access to high-quality small business loans. Additionally, partner institutions can utilize Funding Circle’s expertise and platform to offer a white-labeled digital small business term loan product to their customers and local communities.
Vantage Point Solutions
Natalie Reed, (605) 359-2374
VantagePnt.com
Vantage Point Solutions has industry experts and comprehensive services to help financial institutions face compliance, audit, technology and security challenges. Their team stays up to date on recent regulatory changes, significant and emerging IT and security risks, and state-of-the-art technology solutions to offer a holistic approach to protecting your organization.
