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Banking and Finance

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Private Wealth names former Wells Fargo regional director as CEO

Private Wealth, a Cedar Rapids-based wealth management firm launched this year to serve high-wealth clients in Iowa and Nebraska, announced that Bryan Johnson, a former Wells Fargo Wealth regional managing director, has been named CEO. Johnson …

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Central State Bank to open West Des Moines branch

Central State Bank, a family-owned bank based in State Center, recently received state regulatory approval to establish a West Des Moines branch, which the bank expects to open in March. The branch will be located near …

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EXCLUSIVE: West Bank plans new headquarters along I-235

A new headquarters for West Bank will be located on about 7.5 acres between Interstate Highway 235 and Valley West Mall in West Des Moines. The building will include a lower level that opens up …

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West Bank officials hope new headquarters spurs redevelopment around struggling mall

West Bank, West Des Moines’ oldest business, is making a long-term commitment to remain in the community with the construction of a new headquarters that will be built on a high-profile site adjacent to Interstate …

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QCR Holdings to expand Missouri banking footprint with Guaranty acquisition

QCR Holdings Inc. and Guaranty Federal Bancshares Inc. jointly announced a definitive agreement this week in which QCR Holdings, a Moline, Ill.-based multi-bank holding company, will acquire Guaranty, which is based in Springfield, Mo. With the acquisition, …

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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 …