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Banking and Finance

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Sammons ranks among 20 best U.S. companies for work-life balance

Sammons Financial Group, based in West Des Moines, has been named a top company for work-life balance, according to a recent Glassdoor report. Glassdoor, which provides insights about jobs and companies, previously named Sammons Financial Group to …

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Athene makes lead investment in $5B merger of fleet management companies

Athene Holding Ltd., a Bermuda-based financial services company and parent company of Athene USA in West Des Moines, announced it has closed a transaction in which it is the lead investor in a merger of a global …

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West Bancorporation reports higher third-quarter net income

West Bancorporation Inc., the West Des Moines-based parent company of West Bank, today reported third quarter 2021 net income of $12.7 million, or 76 cents per share, compared with third quarter 2020 net income of $8.1 million, …

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Changing the system

Jeneba Wanjah wants to buy a home to provide a more stable and secure life for her 6-year-old son, Akim. Unfortunately for Wanjah and many others like her, their pathway to homeownership collided with barriers …

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Report: Credit unions provide $1.9B impact to Iowa economy

Iowa credit unions contributed $1.9 billion in total economic productivity in Iowa last year, according to an annual report that highlights the not-for-profit credit union industry’s economic contribution to the state. Authored by Iowa State …

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JA Finance Park rolls out financial literacy programs for Central Iowa students

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JA Finance Park rolls out financial literacy programs for Central Iowa students

Junior Achievement of Central Iowa’s Shannon Gerard and Ryan Osborn at the new JA Finance Park space. Photo by Duane Tinkey

A school day spent at Junior Achievement of Central Iowa’s JA Finance Park can be …

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Wells Fargo net income up 59% as bank releases $1.65B in credit loss reserves

Wells Fargo today posted a jump in profit in the third quarter, boosted by a release of its credit loss reserves as the recovery from the coronavirus pandemic accelerated in 2021, CNBC reported. Third-quarter net income rose …

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NOTEBOOK – ONE GOOD READ: Index funds revolutionized finance — but at what cost?

Index funds have become such a ubiquitous tool for investors that it’s easy to forget that they’re a relative newcomer on the financial scene. Here’s a good summary — a good read in itself — …

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A Closer Look: Shane Zimmerman

From the second-floor conference room window of Two Rivers Bank & Trust’s Ingersoll Avenue branch, Shane Zimmerman can see some nearby competition, among them a branch of his former employer, Wells Fargo, and a newcomer …