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Banking and Finance

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Buelt announces retirement from Bankers Trust; Stork named successor

Gary Buelt

Bankers Trust announced today that Executive Vice President and Chief Risk Officer Gary Buelt will retire on June 3. He has served in the role since 2015, overseeing the bank’s enterprise risk management …

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Iowa House passes bill regulating crypto ATMs

A bill that regulates cryptocurrency automatic teller machines has been passed by the Iowa House and is now headed to Gov. Kim Reynolds for her consideration.

The Iowa House this week passed Senate File 449 …

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Basic income pilot program ends

Two years ago, 110 Central Iowa residents began receiving $500 a month through a community study on how unrestricted cash can reduce poverty and impact the health and well-being of individuals.

The program, called UpLift …

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MidWestOne Bank opening new branch in West Des Moines

MidWestOne Bank is opening a new branch in West Des Moines on Monday. The new branch office will be located at 1245 Jordan Creek Parkway, Suite 140 in R&R Realty Group’s Summit Building. “We’re excited …

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Section 1071 is overreaching federal rule that should be revised, Iowa bankers say

Bankers in Iowa and across the country are closely watching whether Congress is successful in its efforts to repeal a portion of the Dodd-Frank Act that requires financial institutions to report detailed information included in …

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Principal appoints Russ Ayres as new chief information security officer

Principal Financial Group has appointed Russ Ayres as vice president – chief information security officer. In this role, Ayres will be responsible for leading the company’s information security strategy and operations, ensuring the protection of …

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Property tax symposium planned for May 14

The Taxpayers Association of Central Iowa’s annual symposium will be at 7:30 a.m. May 14 at the Greater Des Moines Botanical Gardens, 909 Robert D. Ray Drive. Abir Mandal, co-author of “Securing property tax relief …

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Bankers Trust names new CFO

Brett Hartema

Bankers Trust has hired Brett Hartema as its next chief financial officer, succeeding Kip Albertson, who is retiring from the role on Wednesday.

Albertson was honored as the Business Record’s 2025 Deloitte CFO …

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Iowa Society of CPAs selects new CEO

Carrie Steffen

The Iowa Society of CPAs announced Carrie Steffen will become its next CEO, starting May 19. A committee of current and past ISCPA executive committee board members used a local executive search company …

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‘Office property is deteriorating,’ West Bancorporation official says

An official at West Bancorporation Inc. this week raised concerns about the office market, joining others who have noted the increased weakening in the sector.

“Office property is deteriorating,” Harlee Olafson, the bank’s chief risk …