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In a move to better serve its clients, financial advisory firm Edward Jones plans to launch the Edward Jones Bank. The Jones Financial Cos. LLLP announced Wednesday it has submitted applications for the industrial bank, which would …
Cedar Rapids Gazette: The Iowa banking industry continues to maintain strong levels of capital and liquidity despite the financial impact to state businesses and consumers from the COVID-19 pandemic. Iowa-chartered banks ended the first quarter with …
Minneapolis-based U.S. Bank has announced key leadership changes in its Corporate & Commercial Banking business. As part of the realignment, Felicia La Forgia, who most recently oversaw the bank’s Oil & Gas, Retail & Apparel and Utilities …
A new investment broker advice standard will move forward Tuesday, following a ruling Friday by a federal appeals court that upholds Regulation Best Interest, Investment News reported. An investment planning group and three state attorneys general had …
The Iowa Credit Union Foundation has pledged $50,000 to the University of Northern Iowa in support of continuing education programming for educators to prepare them to teach financial literacy curriculum in Iowa high schools. The support aligns …
As I was writing an article last week reporting on the latest FDIC quarterly banking statistics, I had to wonder what types of factors weighed into banks experiencing such a sharp drop in earnings nationally. Net income …
Kristina “Kris” Williams was named president and chief executive officer of the Federal Home Loan Bank of Des Moines effective Jan. 20. Since 2011, she had been the chief operating officer at the Federal Home …
First-quarter net income for the Iowa banking industry was $243 million on March 31 — down 8.3% from the previous year’s first quarter — as bank earnings nationally slid to their lowest level in a …
Community Choice Credit Union was recognized recently with several national marketing awards during the annual Diamond Awards celebration by the Credit Union National Association. Community Choice received three awards, in the categories of Complete Campaign, …
FBL Financial Group Inc. announced Tuesday that Jeff Whitehead will join the company as chief investment officer on June 15. In this role, Whitehead will be a member of FBL’s management team and have overall responsibility for …
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