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Banking and Finance

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NOTEBOOK: Viva Las Vegas for bank marketing tips

It’s always nice to see our local experts getting a chance to shine on a national scene. Bankers Trust’s Emily Abbas was recently a main-stage panelist at the Financial Brand Forum at Caesars Palace in …

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Junior Achievement raises $80,000 in Stock Market Challenge

Junior Achievement of Central Iowa’s 12th Annual JA Stock Market Challenge raised more than $80,000. The annual event held April 9 was a success due to the support of many supporting organizations, including presenting sponsor Farm …

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West Bank loans up 16% in first quarter, dividend reaches new high

West Bancorporation Inc., parent company of West Bank, today reported first-quarter net income of $6.9 million, or 42 cents per share, compared with 2018 first-quarter net income of $7.4 million, or 45 cents per share. Overall, West …

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Nonperforming farm loans remain at pre-recession levels

U.S. farm banks increased agricultural lending by 5.3%, or $5.5 billion, to $108 billion in 2018, according to the American Bankers Association’s annualFarm Bank Performance Report. The report — an analysis by ABA’s economic research …

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U.S. Bank to close 300+ branches

Corridor Business Journal: U.S. Bank will close more than 300 branches over the next two years as it adapts to the changing ways that people get financial services, reports the Star-Tribune. The nation’s fifth-largest bank …

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Report: Millennial women feel less in control of their finances than men

Millennial women lag behind millennial men on a couple of key money metrics, like the amount they have in emergency savings and the feeling that they’re financially adequate, according to a new report from MetLife, CNBC …

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Iowa small businesses were profit engines last year

Revenues and employment were up last year at the nation’s small businesses, but profits were flat, according to surveys by the 12 Federal Reserve Banks. 

Small businesses were defined as those with between one and …

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FBL Financial Group chief operating officer to retire

FBL Financial Group Inc. announced that Ray Wasilewski, chief operating officer for life companies, will retire around year-end 2019. He has been employed by the Farm Bureau Financial Services organization for 22 years. Before beginning …

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Finance Authority offers downpayment program

The Iowa Finance Authority has unveiled a new mortgage program for first-time and repeat homebuyers that provides a down payment wrapped in a 0% loan for up to 5% of the sale price or $5,000, …

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Bank Iowa tops list of healthiest U.S. companies

Bank Iowa sits atop a list of the healthiest companies in America, as determined by Interactive Health. The designation is based on the overall health of a company’s team members, as well as a high …