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Banking and Finance

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Collins Community Credit Union partners with West Des Moines insurance agency

Collins Community Credit Union, Iowa’s fourth-largest credit union, announced the launch of Collins Insurance, a partnership with West Des Moines-based independent insurance agency Coverage Direct. The partnership will provide Collins members with direct access to independent insurance …

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SECURE legislation brings a number of changes for retirement savings industry

A sweeping retirement savings measure signed into law by the president last week will inevitably affect most retirement savers, for better or for worse, MarketWatch reported.

The SECURE legislation — which stands for “Setting Every Community …

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FHLB Bank of Des Moines names new president and CEO

The Federal Home Loan Bank of Des Moines announced this morning that its board of directors has named Kristina Williams as president and chief executive officer, effective Jan. 20. Williams is currently the chief operating officer at…
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Wells Fargo contributes $250,000 to lead off JA Finance Park project

Junior Achievement of Central Iowa has received a $250,000 contribution from Wells Fargo, which will enable the nonprofit to eventually expand its programming to an additional 10,000 teen students. With the lead gift, Junior Achievement …

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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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