Posted on April 6, 2020 In Press Release
PMA Financial Network Completes Acquisition of Miles Capital

Naperville, Ill. – March 31, 2020- PMA, a premier full-service provider of comprehensive financial and advisory services to municipalities, school districts, other local government entities and insurance companies, announced today that it has acquired substantially all of the assets of Miles Capital, Inc. (“Miles Capital”) from Founder and principal owner David Miles and other employee owners and investors.

Posted on April 6, 2020 In Credit Quarterly
Recent News

C&I Loans Fall to an 8-Month Low

In PMA’s Winter 2020 Market Outlook, we summarized banking industry data conducted in 2019. Our goal was to identify bank data providing the strongest leading indicators of a recession.

Posted on April 6, 2020 In Market Updates
FEATURED MARKET DATA

Initial Unemployment Claims Soar
A record 6.6 million workers applied for unemployment benefits in the week of March 22-28, a level nearly 10 times greater than the peak level of claims reported in 2009 during the Great Recession.