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Banking and Finance

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Junior Achievement of Central Iowa receives donation to launch new program

Junior Achievement of Central Iowa has announced it received a $250,000 contribution from Des Moines-based insurer F&G Annuities and Life to launch a new high school instructional model.
The model, called 3DE, aims to connect …

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Dupaco, Federal Home Loan Bank partner on mortgage program

Dupaco Credit Union has partnered with the Federal Home Loan Bank of Des Moines to offer its Mortgage Rate Relief program. The program provides eligible members with an interest rate reduction on new mortgages, regardless …

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Bankers group releases year-end results

Iowa banks reported increases in loans and deposits in 2024, signs of the banking industry’s strength and ability to withstand economic uncertainty and interest rate risk, the Iowa Bankers Association said in a news release.…

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Ernst & Young announces new managing partner

Chris Yuska

Ernst & Young LLP (EY), a Des Moines business management consulting company, has announced the appointment of Chris Yuska as managing partner of the Des Moines office. Yuska has worked for EY for …

Deere reports drops in net income, sales in Q1

Deere & Co. reported net income of $869 million for the first quarter ended Jan. 26, or $3.19 per share, down from net income of $1.75 billion, or $6.23 per share, for the same quarter …

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Sammons Financial Group announces record charitable donations, volunteerism in 2024

Sammons Financial Group announced that it donated nearly $4.7 million to charitable organizations in its corporate locations, including more than $1.2 million to Central Iowa organizations. The organizations include the Community Outreach Program, United Way, …

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Principal Financial Group announces large return to shareholders

Principal Financial Group, in its recent quarterly earnings report, announced that it returned $1.7 billion to shareholders in 2024, including $1 billion in share repurchases and $700 million of common stock dividends.

The move reinforces …

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MidWestOne Financial Group announces Central Iowa Advisory Board

MidWestOne Financial Group Inc., the Iowa City-based parent company of MidWestOne Bank, has announced its new Central Iowa Advisory Board. According to a news release, the group will be a resource to MidWestOne Bank’s leadership …

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UMB Financial acquires Heartland Financial

UMB Financial Corp. has closed on the acquisition of Heartland Financial USA Inc. (HTLF), which has locations in Iowa, which does business in Iowa as Dubuque Bank & Trust. The acquisition will increase UMB’s asset …

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Principal surveys find disconnect around retirement savings,smaller businesses softening after record hiring

U.S. workers are lacking confidence in their retirement readiness despite prioritizing saving, and small to midsize businesses had a softer outlook heading into 2025, recent research from Principal Financial Group found.

The latest Principal Real …