POTOMAC — Gibson Area Hospital plans to open a new Potomac clinic early next year in a building it will share with Gifford State Bank.
Rob Schmitt, CEO of the Gibson City-based hospital, said the week of Jan. 1 has been targeted for the opening of the clinic portion of the building, to be called Family Health Care of Potomac Clinic.
Here's the breakdown of BauerFinancial's ratings of 77 banks with offices in East Central Illinois based on data from the quarter that ended Sept. 30:
— Arcola First Bank
— Bank of Gibson City
— Bank of Rantoul
— Buckley State Bank
— Busey Bank
— Cissna Park State Bank
Three area banks were downgraded and six were upgraded in the latest ratings from the BauerFinancial rating service, based on data for the quarter that ended Sept. 30.
GIFFORD — Lorin Schluter, in his denim overalls, took a break from frying chicken to step out the back door of his restaurant.
There he checked on the generator he had hooked up to a power take-off connected to a 120-horsepower John Deere tractor.
It's been running since 6 p.m. Sunday.
Q: Should I use a credit or debit card for online purchases? Is there any difference?
A: Legally, there are differences, which probably give credit cards the edge for buying online.
Credit cards are basically loans that you repay to a lender. Debit cards make withdrawals from your bank.
A roundup of business news:
MAUMEE, Ohio — Strong performances by The Andersons' grain and ethanol groups helped boost third-quarter net income to $17.2 million, up from $16.9 million a year earlier, the company reported this week.
For shareholders, that amounted to net income of 91 cents per diluted share, up from 90 cents during the comparable quarter a year earlier.
CHAMPAIGN — First Busey Corp.'s third-quarter net income rose sharply from a year ago, the company announced Tuesday.
Net income for the third quarter of 2013 totaled $7.9 million, up from $4.9 million for the same quarter in 2012.
For shareholders, that translated to diluted earnings of 8 cents a share, up from 5 cents a share a year earlier.
A roundup of business news:
CHAMPAIGN — The Residence Inn by Marriott plans to open for business Friday (today, Sept. 27) in Champaign.
The extended-stay, all-suites hotel at 502 W. Marketview Drive, C, is owned and managed by Hawkeye Hotels of Burlington, Iowa.
EFFINGHAM — The parent company of Midland States Bank has agreed to acquire a St. Louis-based bank.
Midland States Bancorp announced it plans to acquire Heartland Bank, which has 11 offices in the St. Louis metropolitan area as well as single locations in Branson, Joplin and Springfield, Mo., and Denver, Colo.
CHAMPAIGN — Community Elements is moving to a new building next week, its CEO Sheila Ferguson said Friday morning.
The local not-for-profit mental and behavioral health agency sold its building at 202 W. Park St., C to Hickory Point Bank & Trust and bought a building at 801 N. Walnut St., C for its new facility, Ferguson said.