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Banking and Finance

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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 …

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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 …