h digitalfootprint web 728x90

Banking and Finance

DSC 6869

West Bank reports record earnings of $28.7 million for 2019

West Bancorporation Inc., parent company of West Bank, today reported 2019 net income of $28.7 million, or $1.74 per share, compared with 2018 net income of $28.5 million, or $1.74 per share. The West Des Moines-based bank …

DSC 6869

Affiliates Management donates $250,000 to Iowa Credit Union Foundation

Affiliates Management Co., the holding company of the Iowa Credit Union League, this week helped the Iowa Credit Union Foundation kick off its 25th anniversary year with a donation of $250,000 in support of ICUF’s …

DSC 6869

Principal Foundation study shows young Americans face financial crises early

More than half of Americans under the age of 30 say they have already hit their “financial rock bottom” — due primarily to mental health challenges, job loss and debt as the major causes, according …

DSC 6869

Wells Fargo quarterly profit slumps as legal costs mount

Wells Fargo & Co. today posted a 55% slump in fourth-quarter profit, Reuters reported, as the fallout from a sales scandal that erupted in 2016 drove the bank to set aside another $1.5 billion toward legal expenses. …

DSC 6869

Kemin’s Guldenpfennig named Deloitte CFO of the Year

Tammi Guldenpfennig, senior vice president and chief financial officer of Des Moines-based Kemin Industries Inc., has been selected by the Business Record as the Deloitte CFO of the Year. 

The award will be presented to …

DSC 6869

Area nonprofits, credit union partner to open savings accounts for young men of color

Twenty-one middle school and high school boys at the Greater Des Moines Conference for Young Men of Color received $100 and a new savings account through a partnership between Community Choice Credit Union, Choice Creative …

DSC 6869

Longtime credit union leader to retire from ICUL

The Iowa Credit Union League announced that Jim Niederhauser will retire from his role as chief operating officer, effective July 1. Before being named COO of the trade association in 2018, Niederhauser worked in various …

32122

A Closer Look: Jeff Plagge

Jeff Plagge likes to joke that he’s been “a bit of a bank junkie for a long time.” His appointment as Iowa banking superintendent caps a career that has spanned more than three decades, including …

DSC 6869

Utah banker elected chairman of FHLB Des Moines Board

Federal Home Loan Bank of Des Moines announced James Livingston was recently elected as chair of its board of directors. Livingston is currently serving his third full term on the board. He is an executive vice …

DSC 6869

Bergez named Ankeny president for Northwest Bank

Don Nickerson, regional bank president of Northwest Bank in West Des Moines and Ankeny, announced that Richard Bergez has accepted the position of bank president in Ankeny. Before joining Northwest Bank, he was employed at First American …