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Banking and Finance

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Iowans for Tax Relief names Ingstad president

Iowans for Tax Relief has named Chris Ingstad as its president. Ingstad, who joined the nonprofit taxpayer advocacy group in 2012, has been vice president and policy director since 2015. He previously was vice president …
By BPC Staff | Dec 16, 2016
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Iowa’s Rural Mainstreet Index falls

Creighton University’s Rural Mainstreet Index for Iowa fell to 63.5 in December from 72.1 in November, but remained a regional high.


Anything above 50 is considered growth-positive.


Iowa’s farmland price index for December fell to 49.3 from…
By BUSINESS RECORD STAFF | Dec 16, 2016
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MetaBank completes acquisition of Texas consumer services company

Sioux Falls, S.D.-based MetaBank has completed its acquisition of substantially all of the assets and specified liabilities of Specialty Consumer Services LP of Hurst, Texas, including the company’s trade name and proprietary underwriting model and …
By BPC Staff | Dec 15, 2016
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Survey: 45 percent of Des Moines millennials worried about outliving retirement savings

Despite a rebound in the U.S. stock market, an increase in hiring and an improvement in home sale prices, many Des Moines millennials are fearful about having enough money in retirement. According to the 2016…
By BUSINESS RECORD STAFF | Dec 15, 2016
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Iowa receives B+ for adult financial literacy

#NotToBrag, but, Iowa received a B-plus grade on the 2016 National Report Card on Adult Financial Literacy released by Champlain College in Vermont. The grade placed it among just four states receiving a B-plus grade. No state …
By BPC Staff | Dec 13, 2016
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Iowa Business Council names Van Gundy as executive director

The Iowa Business Council has named former Principal Financial Group executive Georgia Van Gundy as executive director effective Jan. 3.


She replaces Elliott Smith, who resigned in November. Van Gundy worked as assistant vice president…
By BUSINESS RECORD STAFF | Dec 9, 2016
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Iowa Leading Indicators up slightly in October

The Iowa Leading Indicators Index increased to 105.6 in October from 105.4 in September. The monthly diffusion index increased in October to 62.5 from 56.3 in September. With another increase in October, Iowa’s nonfarm employment …
By BPC Staff | Dec 5, 2016
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Fertilizer plant bonds are ‘junk,’ ratings service says

One of these days, Iowa Fertilizer Co. LLC will produce 1.5 million to 2 million metric tons of fertilizer products a year, and it could use that cash flow to help offset some significant financing…
By KENT DARR | Dec 5, 2016
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Veridian furthers reach of ‘Broke, Busted & Disgusted’ documentary

Veridian Credit Union announced a partnership with the creators of the film “Broke, Busted & Disgusted,” a documentary made in Iowa about the true cost of college. With the partnership, the video will be available …
By BPC Staff | Dec 5, 2016
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Creighton economic index for Iowa falls

Creighton University’s Mid-America Business Conditions Index survey of business supply managers showed Iowa dropping to 48.3 in November from October’s 48.9. An index reading of 50 on the 100-point scale is growth-neutral. New orders stood at 46.1;…
By BPC Staff | Dec 1, 2016
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