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Banking and Finance

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IRS seeks volunteers for tax preparation assistance programs

Safety and social distancing, along with virtual options, will be the emphasis for the upcoming tax season as the Internal Revenue Service seeks volunteers to provide free tax return preparation through its Volunteer Income Tax …

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Veridian opens scholarship applications for 2021-22

Veridian Credit Union has opened its scholarship applications for the 2021-2022 academic year. To apply, students will submit a 500-word essay on the topic of managing debt for long-term financial health. The essay and a …

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Northwest Bank expands Des Moines leadership team, announces promotions

Northwest Bank announced it is expanding its leadership team in Des Moines, as the community bank has increased assets in the Des Moines market to more than $450 million. Don Nickerson, who has been the Des …

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Survey: Larger portion of small businesses say closures likely without relief

One in four U.S. small business owners say they will have to close their doors if economic conditions don’t improve, according to the latest survey by the National Federation of Independent Business. 

In its 14th survey since …

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A Closer Look: Scott Valbert

Scott Valbert got a relatively brief taste of remote work in his first professional communications position during the historic Flood of ’93 in Des Moines. Working for an advertising agency located near the Des Moines …

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Bankers Trust’s Vieregger named to ABA’s inaugural 40 Under 40 in Wealth Management

Ashlee Vieregger, pictured, vice president and managing wealth adviser at Bankers Trust Co., has been selected for the American Bankers Association inaugural 40 Under 40 in Wealth Management class. The ABA 40 Under 40 in Wealth …

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VisionBank to open Waukee branch office in January

VisionBank of Iowa announced it will expand its branch network into Waukee. The new full-service branch, expected to open in January, is located at 45 N. Warrior Lane. “Opening a full-service branch in the Waukee community …

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JPMorgan Chase to enter Iowa market with first consumer branch in Des Moines

JPMorgan Chase, one of the oldest U.S. financial institutions, announced it plans to open its first consumer and community bank branch in Iowa next year with the opening of a Des Moines branch at Merle …

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Waddell & Reed to be acquired by LPL Financial in $300M deal

LPL Financial announced this week that it will acquire the wealth management arm of Kansas City-based Waddell & Reed Financial Inc., which encompasses 921 registered representatives and financial advisers and $63 billion in client assets, Investment …

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SBA names Top Lender Award winners for Iowa

The U.S. Small Business Administration’s Iowa District Office on Tuesday announced the winners of its Top Lender awards for Fiscal Year 2020. U.S. Bank, which was recognized as both the SBA’s Top Overall Lender and …