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Banking and Finance

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Credit union representatives complete new financial coach program

Credit union representatives are learning how to help their members become better savers through the Iowa Credit Union Foundation’s new “People Helping People” Financial Coach Program. Thirty-nine attendees from 22 credit unions attended the three-day …
By BPC Staff | May 20, 2019
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Grinnell Mutual adds two senior leadership positions


Grinnell Mutual, the largest primary reinsurer of farm mutual companies in North America, announced it has added two positions to its senior leadership team. Andrea Brunk has been named vice president of Strategic Experience. The …
By BUSINESS RECORD STAFF | May 17, 2019
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RSM tax associate recognized for acing CPA exam

The American Institute of CPAs has recognized Michaela Christian, a graduate of Iowa State University, as a winner of the 2018 Elijah Watt Sells Award. Christian is employed as a tax associate with RSM US …
By BPC Staff | May 15, 2019
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Wells Fargo donating to Habitat for Humanity

Wells Fargo is donating $100,000 to Greater Des Moines Habitat for Humanity and on Tuesday team members are building the walls of a Habitat house to celebrate the 100th Habitat house supported by the financial …
By BPC Staff | May 13, 2019
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Sexual orientation lending bias?

University: Iowa State University

Researchers: Hua Sun, Lei Gao
Status: Completed, published

Research overview: 
Iowa State University researchers led by finance professors Hua Sun and Lei Gao discovered that same-sex couples often were more likely to be denied …
By PERRY BEEMAN | May 9, 2019
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CO-OP Financial Services realigns product lines

CO-OP Financial Services has unveiled a realigned advanced digital ecosystem that organizes the company’s payments and financial technology services along five categories of products and services — Pay, Integrate, Engage, Protect and Consult — to better …
By BPC Staff | May 9, 2019
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Credit union’s wealth management team breaks away

Corridor Business Journal: In a surprise move, the wealth management team at the University of Iowa Community Credit Union left the financial institution en masse on April 26, announcing plans to launch their own firm and …
By BPC Staff | May 8, 2019
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FBL Financial first-quarter earnings up

FBL Financial Group Inc. on Thursday reported first-quarter net income of $34 million, or $1.37 per share, compared with $23.6 million, or 94 cents per share, for the first quarter of 2018. Adjusted operating income totaled $25.9 …
By BPC Staff | May 3, 2019
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NFC program provides down payment loans for home purchases

Neighborhood Finance Corp. will provide down payment assistance loans of $10,500 to borrowers in its lending areas in Des Moines, West Des Moines, Windsor Heights and Cedar Rapids, according to a release. The 30-year, zero-rate …
By BPC Staff | May 2, 2019
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Heartland Financial profit jumps 35%

Dubuque-based bank holding company Heartland Financial USA Inc. reported first-quarter net income of $31.5 million, a 35% increase from $23.3 million in the first quarter of 2018, according to a release. During the quarter, Heartland completed …
By BPC Staff | Apr 30, 2019