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Banking and Finance

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Bank tellers: See them, hear them, but where are they?

The interactive teller machine is getting some love at banks and credit unions across the state. The Corridor Business Journal, citing KCRG-TV9, reported that MidWestOne Bank has installed one at a branch in Iowa City. PSB Bank …
By BPC Staff | Oct 9, 2015
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New program will assist workforce housing

A new Workforce Housing Loan Program is now available to communities with a need for additional rental housing as a result of local employment growth, the Iowa Finance Authority said.


The program has a total…
By BUSINESS RECORD STAFF | Oct 9, 2015
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Banks oppose proposal that would boost federal highway funding

A proposal to slash dividends paid to private banks that are members of the Federal Reserve system is drawing criticism from the banks. “It sets a bad precedent,” a spokeswoman for the Iowa Bankers Association …
By BPC Staff | Oct 9, 2015
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Consumer watchdog seeks partial ban on arbitration clauses

Banks and credit card companies may not force customers to sign away their legal rights to take part in class-action lawsuits, under an early-stage U.S. government proposal that is likely to draw ire from Wall …
By BPC Staff | Oct 7, 2015
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Millennials are optimistic about their financial future

Millennials are looking into the future and feeling pretty good about what they are seeing, according to a Wells Fargo & Co. survey.


The survey also detected a bit of a generational divide. The survey…
By BUSINESS RECORD STAFF | Oct 5, 2015
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Veridian Credit Union hosts five shred-day sites Saturday

Veridian Credit Union will host a community shred day at five spots across Iowa Saturday. The shred day, from 9 a.m. to noon at Veridian Credit Unions in five Iowa cities, will provide Iowans a way…
By BPC Staff | Oct 2, 2015
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Iowa credit unions post double-digit loan gains

Iowa credit unions experienced strong loan and membership growth in the first half of 2015, according to data posted by the Iowa Credit Union League.


Loan growth of 12.6 percent resulted $3.3 billion in loan originations as…
By BUSINESS RECORD STAFF | Oct 2, 2015
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Event Oct.15: SBA sets financing forum in Ankeny

The U.S. Small Business Administration plans a free financing forum for businesses, including startups, from 2 to 3:30 p.m. Oct. 15 at the Ankeny Area Chamber of Commerce, 210 S. Ankeny Blvd. Speakers will detail …
By BPC Staff | Oct 1, 2015
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A quick look at where we stash our cash in Greater Des Moines

Four banks with operations in Greater Des Moines hold 53 percent of the $16 billion that individuals and businesses had on deposit at the end of the second quarter, according to the Federal Deposit Insurance …
By BPC Staff | Sep 29, 2015
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West Bank is a ‘Sm-All Star’ for fourth year in a row

West Bancorporation Inc. continues to be a darling of investment banking firm Sandler O’Neill + Partners LP, and it’s all about performance. The West Des Moines-based parent of West Bank has been included for the …
By BPC Staff | Sep 29, 2015