AABP EP Awards 728x90

Banking and Finance

DSC 6869

Iowa banks report continued loan growth

Iowa banks reported a total of $246.3 million in net income for the second quarter, up from $231 million a year ago, the Iowa Bankers Association said in a release. Loans grew nearly 8.6 percent …

DSC 6869

SEC adopts rules for additional financial adviser disclosure

Investment advisers will be required to report additional information to federal regulators beginning in October 2017, under rule amendments adopted today by the Securities and Exchange Commission, the agency announced. The amendments to several Investment Advisers Act …

DSC 6869

IPERS’ yearly investment return falls short of target

The state’s largest public employee pension fund reported an investment return of 2.15 percent for the past fiscal year, falling short of its investment target of 7.5 percent, The Des Moines Register reported. “It’s been a challenging …

DSC 6869

In Greater Des Moines, we watch our pennies

A study by personal finance company NerdWallet found that Greater Des Moines is the ninth-best metropolitan area in the nation at managing credit, dealing with debt and budgeting for housing. The rankings were based on an …

DSC 6869

Sept. 8: Iowa AFP September Meeting

Host: Iowa Association for Financial Professionals About: The Iowa AFP serves as a resource for finance professionals, treasury practitioners and bankers for networking and educational purposes. In September Pam Brodsack from TMG will be presenting “Will Blockchain…
DSC 6869

Federal candidates in Iowa air concerns about Farm Credit System

Radio Iowa: Federal officeholders from Iowa and their general election challengers are raising questions about the Farm Credit System, a nationwide network of banks established by the federal government in 1916 to help farmers. Sen. Chuck …

DSC 6869

Iowa Student Loan reduces Partnership loan rates

Iowa Student Loan announced that it recently reduced some fixed interest rates for its private student loan program, the Partnership Advance Education Loan. The reduction will keep Partnership loan fixed rates in most cases lower …

DSC 6869

NOTEBOOK: Why aren’t there more sellers in the M&A market?

Sellers are relatively scarce in the mergers and acquisitions market right now, and that’s causing the firms that are buying to become more aggressive in their tactics as they pursue deals, say regional M&A advisers.…
DSC 6869

32 Iowa agencies receive $2.3 million in homeless assistance grants

The Iowa Finance Authority board of directors recently approved more than $2.3 million in homeless assistance grants to help 32 agencies in 2017. The federal Emergency Solutions Grant program, administered by the U.S. Department of …

DSC 6869

Wells Fargo survey: Who thinks they’ll be a millionaire?

A majority of millennials believe they aren’t making enough money to save for retirement, and most say they’ll never reach the $1 million goal that advisers say is needed to fund a long retirement.  …