AABP EP Awards 728x90

Banking and Finance

DSC 6869

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
DSC 6869

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
DSC 6869

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
DSC 6869

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
DSC 6869

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
DSC 6869

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
DSC 6869

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
DSC 6869

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 …
By CHRIS CONETZKEY | Apr 25, 2019
DSC 6869

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 …
By BPC Staff | Apr 25, 2019
DSC 6869

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 …
By BPC Staff | Apr 25, 2019