Banking and Finance

Iowa’s banking industry demonstrated strength and met Iowans’ financial needs amid persistent inflationary pressures and rising interest rates in the third quarter, according to recently released data from the Federal Deposit Insurance Corp.

Iowa banks …

MidWestOne Financial Group, Inc., the parent company of MidWestOne Bank, announced that its board of directors has named Charles N. “Chip” Reeves as its new CEO, effective Nov 1. Reeves succeeds Charlie Funk, who is retiring …

ViClarity, a Des Moines-based global provider of governance, risk and compliance technology and regulatory and compliance consulting for financial institutions, is partnering with California-based technology company WithClutch, the companies announced recently. WithClutch focuses on building …

Availa Bank announced that Dave Zimmerman will be taking over the role of Council Bluffs market president. Zimmerman is a 19-year Availa Bank employee and he has 25 years of banking experience. He began his …

BankBeat magazine named Emily Abbas, senior vice president, chief consumer banking and marketing officer at Bankers Trust, as an Outstanding Woman in Banking. The award recognizes bankers who have made outstanding contributions to their bank, industry and …

The U.S. is the second most financially inclusive market, according to the 2022 Global Financial Inclusion Index, produced from research sponsored by Principal Financial Group and conducted by the Centre for Economics and Business Research. The …

West Bancorporation Inc., the West Des Moines-based parent company of West Bank, on Thursday reported third-quarter net income of $11.6 million, or 69 cents per diluted common share, down from year-ago net income of $12.7 million, or …

Bank Iowa Corp. has appointed Craig Hill, 10-year president of the Iowa Farm Bureau Federation, to its board of directors. He regularly advocates for Iowa’s banks to assume leadership in addressing rural Iowa’s most pressing …

Over 74,000 participating Dupaco Community Credit Union members and owners received a share of a $3.7 million bonus patronage dividend for 2022. Participating members received their special payouts Oct. 20. The dividend is a part …

Des Moines law firm BrownWinick announced it will be providing complimentary basic wills and powers of attorney for military veterans in Iowa. In honor of Veterans Day, the firm will be hosting its second “Wills …