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Banking and Finance

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RSM recognized with President’s Philanthropy Award from UNI

RSM US LLP, a provider of audit, tax and consulting services, has been recognized by the University of Northern Iowa with the school’s 2019 President’s Philanthropy Award for corporations and foundations. The firm was recognized …

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Sammons ranks No. 5 on Glassdoor Employees’ Choice Award list

Sammons Financial Group Inc. has been honored with a Glassdoor Employees’ Choice Award, recognizing the Best Places to Work in 2020. The West Des Moines-based insurance group was ranked No. 5 on the list of 100 …

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BankIowa planning new branch in Marion

Independence-based BankIowa plans to open a full-service branch in mid-2020 in Marion, the Corridor Business Journal reported. The new BankIowa office was approved by the Iowa Division of Banking on Nov. 27. The rapidly growing Tower Terrace Road …

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South Story Bank & Trust under new ownership group

South Story Bank & Trust is under new ownership, but its name, staff and locations have not changed. The community bank was recently sold to a new ownership group that includes seasoned Central Iowa bankers Steven …

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Littlefield joins Principal as general counsel; Shaff to retire in mid-2020

Principal Financial Group today announced that Chris Littlefield, former president and CEO of Fidelity & Guaranty Life, will join Principal as its new general counsel effective Jan. 13. He will succeed Karen Shaff, current executive vice …

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Bank Iowa closes on First State Bank of Colfax acquisition

Bank Iowa Corp. said Monday it has closed on its previously announced acquisition of First State Bank of Colfax. The purchase of the $65 million community bank, which began operating under the Bank Iowa name on …

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Liberty National Bank names Pearson as Des Moines market president

Liberty National Bank has named JP Pearson as its Des Moines market president. Pearson, who has more than 20 years of community banking experience, most recently joined Liberty National Bank in Johnston as a senior vice president …

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Great Western Bank’s leader announces retirement plans

Great Western Bancorp Inc., the parent company of Great Western Bank, announced that as part of its succession planning, Kenneth Karels, chairperson, president and CEO of both organizations, plans to retire from Great Western effective …

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Iowa banks report healthy gains in loans, deposits

Iowa-chartered banks recorded $63.7 billion in active loans on their books as of Sept. 30, up 4.5% from the prior year’s third quarter, according to results released Tuesday by the Federal Deposit Insurance Corp. 

Year-to-date …

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NOTEBOOK: Some insights from Bank Iowa’s new culture and onboarding campaign

I recently visited Bank Iowa’s new headquarters in West Des Moines — both to see how the bank had repurposed its new leased office space on Jordan Creek Parkway, and to hear about the new …