h digitalfootprint web 728x90

Banking and Finance

DSC 6869

Bankers Trust shares art collection for Art Week

Bankers Trust is displaying its Iowa Artists Collection — 12 pieces by artists who live and work in Iowa — in the Ruan Center lobby this week to celebrate Art Week Des Moines. The art…
By BPC Staff | Jun 22, 2016
DSC 6869

Wells Fargo pledges $150,000 to Goodwill capital campaign

Wells Fargo has announced it is pledging a $150,000 gift in support of Goodwill of Central Iowa’s “Celebrating Our Past, Building Futures” capital campaign. The three-year, $8 million campaign, which was announced in September 2015, supports moving …
By BPC Staff | Jun 16, 2016
DSC 6869

The latest benefits perk: Student loan repayment

Some companies now are contributing to their employees’ student loan payments, just like they do to their retirement accounts, LA Biz reported. Last year only 3 percent of employers offered the benefit, according to the Society for Human Resource …
By BPC Staff | Jun 15, 2016
DSC 6869

Prairie Meadows points finger at whistleblower

Des Moines Register: A whistleblower is believed to have prompted the Internal Revenue Service’s action to revoke Prairie Meadows’ federal tax exemption, recorded conversations during a private meeting of the casino’s board reveal.…
By BPC Staff | Jun 15, 2016
DSC 6869

White paper explores blockchain technology for financial institutions

Financial institution leaders considering whether to adopt the new blockchain technology should first ask what problems they want to solve, according to a white paper by TMG. The white paper, written by TMG Chief Technology Officer Pam …
By BPC Staff | Jun 14, 2016
DSC 6869

A strong showing for Iowa banks in the first quarter

Iowa’s 309 banks reported more than $53.3 billion in loans on their books as of March 31, a 7.6 percent increase from the first quarter of 2015, according to the Federal Deposit Insurance Corp.


“The…
By KENT DARR | Jun 1, 2016
DSC 6869

Fixed indexed annuity sales up 33 percent in first quarter

Fixed indexed annuity sales reached a new high in the first quarter of 2016 at $15 billion, according to Wink’s Sales & Market Report. Fifty-five indexed annuity carriers participated in the survey, which represents nearly …
By BPC Staff | May 31, 2016
DSC 6869

OCC assesses $70 million penalty against Wells Fargo Bank

The Office of the Comptroller of the Currency today terminated its mortgage servicing-related order against Wells Fargo Bank N.A., and assessed a $70 million civil money penalty against the bank for previous violations of the …
By BPC Staff | May 25, 2016
DSC 6869

Wells Fargo offers its own mobile payments ‘Wallet’

Wells Fargo & Co. will enter the mobile payments market with Wells Fargo Wallet, which will be available later this summer to customers who download the bank’s app to their Android phones. Wells Fargo said …
By BPC Staff | May 24, 2016
DSC 6869

Iowa Finance Authority lowers interest rates, saves cities $1.9 million

Sixteen cities with state loans for water quality projects will save a combined $1.9 million in interest rates after the Iowa Finance Authority and the Iowa Department of Natural Resources lowered the interest rates for …
By BPC Staff | May 24, 2016
oakridge web 040125 300x250