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Banking and Finance

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McCormick named chair of MidWest One

Tracy McCormick

Tracy McCormick will serve as chair of MidWestOne Financial Group Inc. and MidWestOne Bank, the group announced. McCormick is the daughter of MidWestOne Bank’s former chairman and director emeritus, W. Richard Summerwill, who …

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ISU Ivy Investment Banking Initiative launches in fall 2025

The Iowa State University Ivy College of Business is launching the Ivy Investment Banking Initiative this fall. The program hopes to provide high-level academics and career-ready experience for students interested in careers in high finance. …

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Security National Bank establishes third generation of family leadership

Security National Bank has announced management changes that establish the third generation of Landen family leadership. James “Jim” Huerter III has been promoted to executive vice president and chief operating officer and James Landen Jr. …

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Teachers tour Bankers Trust asking leaders how to prep students for workforce

K-12 educators, counselors and administrators listen to a panel of Bankers Trust leaders discuss qualities they look for in new hires. Photo by Gigi Wood

Dozens of local teachers are taking time this week to …

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Principal Financial Group wins 2025 CSO Award

Principal Financial Group has been named a 2025 Chief Security Officer Award winner for its digital ID verification authentication project. The CSO Awards recognize organizations for security projects and initiatives demonstrating outstanding business value and …

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Abby Delaney named emerging bank leader by Independent Banker

Abby Delaney, senior vice president of marketing and communications officer at Bankers Trust, has been selected by Independent Banker magazine as a 2025 40 Under 40 Emerging Community Bank Leader. According to a news release, …

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Casey’s profits up due to strong performance in hot sandwiches, bakery items

Casey’s General Stores has released its fourth quarter and fiscal year results. For the year, sales were up 9% and the company acquired or built a record 270 stores.

For its fourth quarter, Casey’s reported …

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Principal index: Confidence at 4-year low

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The latest Principal Financial Well-Being Index has been published and sits at 6.02 a drop from 7.8 in November. That’s the lowest score since November 2020.

The index is scored on a …

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Federal Reserve removes Wells Fargo’s asset cap

Wells Fargo & Co. today confirmed that its asset cap has been lifted by the Federal Reserve. The asset cap had been put into place under its 2018 consent order to address the bank’s poor …

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Strable shares corporate giving insights at Principal Charity Classic

Principal Financial Group CEO Deanna Strable speaks at the 19th annual Principal Charity Classic, held May 28-June 1 at the Wakonda Club in Des Moines. Image courtesy of Principal Charity Classic

The CEO of Iowa’s …