Banking and Finance

In a settlement aimed at avoiding a lengthy lawsuit, the Iowa Division of Banking and First American Bank “agreed to disagree” in an order that will allow First American to cease banking operations and transfer …

GreenState Credit Union is anticipating a speedy resolution to an unexpected regulatory hurdle it ran into in its planned acquisition of seven branch locations from First American Bank in Fort Dodge. The Iowa superintendent of …

The Iowa Division of Banking has denied an application by First American Bank in Fort Dodge to convert to an Iowa corporation, a step the agency said is necessary for GreenState Credit Union to acquire …

Iowa-chartered banks reported $64.3 billion in active loans on their books at year-end 2019, up  3.7% from the prior year, according to results released Tuesday by the Federal Deposit Insurance Corp. End-of-year net income for the Iowa …

Principal Financial Group today announced its board of directors approved a new authorization for the repurchase of up to $900 million of the company’s outstanding common stock. As of Dec. 31, 2019, approximately $168 million remained under …

With tax season in full swing, Iowans who are anticipating federal and state tax refunds may be wondering how to leverage their refunds to fulfill their new-year resolution of managing their money better. Bank of …