Banking and Finance Archives - Page 28 of 127

West Bank to add $100M in growth capital with subordinated debt, credit agreement

West Bancorporation is raising an additional $100 million of capital to support continued growth of the regional banking operations of West Des Moines-based West Bank.

In a regulatory filing on Monday with the U.S. Securities …

By JOE GARDYASZ | Jun 7, 2022

36 credit union financial coaches graduate from People Helping People program

The Iowa Credit Union Foundation, the philanthropic arm of the Iowa Credit Union League, recently announced the graduates of the 2022 People Helping People Financial Coach Program. Thirty-six attendees from 12 credit unions completed the program, which …

By BPC Staff | Jun 6, 2022

Data companies voice support for Financial Data Transparency Act

Ames-based Workiva Inc. is part of a coalition of financial data services companies that are urging Congress to support legislation to adopt uniform data reporting standards for federal regulatory agencies. The Financial Data Transparency Act, …

By BPC Staff | May 27, 2022

Iowa banks’ net income dips 17% as institutions increase reserves

Iowa banks increased their loan and deposit activity in the first quarter of 2022, but net income dipped compared with the year-ago quarter as a result of increased expense provisions for potential future loan losses, …

By BPC Staff | May 26, 2022

Iowa credit unions’ business lending tops $4.1B in 2021

A handful of Iowa-based credit unions — the five largest in the state by asset size — are driving a significant increase in business lending activity among credit unions in the state. Statewide, member business …

By JOE GARDYASZ | May 26, 2022

A Closer Look: Jill Klindt

After discovering her love for animals would not translate into a career in veterinary or animal science, Jill Klindt embraced her natural skill in math and left Iowa State University with an accounting degree in …

By SARAH BOGAARDS | May 25, 2022

Former Great Western Bank branches open today as First Interstate Bank

First Interstate Bank today officially opens the former Great Western Bank branches in Iowa and seven other Midwest states as First Interstate Bank branches. First Interstate BancSystem Inc. completed its merger with Great Western Bancorp Inc. on …

By BPC Staff | May 23, 2022

Parson joins West Bancorporation, West Bank boards

West Bank announced that Rosemary Parson has joined the boards of directors of West Bancorporation Inc. and West Bank. Parson is the senior vice president of policy administration and community relations of EquiTrust Life Insurance …

By BPC Staff | May 17, 2022

Well Fargo cuts dozens of jobs in Des Moines area amid mortgage slowdown

Des Moines Register: Wells Fargo & Co. is laying off six dozen employees in the Des Moines metro area, according to state filings. The banking giant, whose home mortgage division is based in Des Moines, confirmed …

By BPC Staff | May 16, 2022

Bank of America opens Drake financial center, plans return to south Des Moines

Bank of America on Friday announced several changes to its Greater Des Moines banking footprint, including a new financial center at 2650 University Ave., located just south of the Drake University campus.

The financial center, …

By JOE GARDYASZ | May 16, 2022

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