AABP EP Awards 728x90

Insurance

13272

Wells Fargo is a great bank; the stock is so-so


Dear Mr. Berko:

In January 2010, my broker had me buy 200 shares of Wells Fargo & Co. at $28, and it still sits at that price. He thinks I should buy 200 more shares, …

13278

Good deals are available in municipal bonds


Dear Mr. Berko:

Our 38-year-old son is married with two children and has been living with us for two years. The grandchildren are in school, and he and his wife both work but don’t contribute …

13279

ETFs are a great way to buy munis


Dear Mr. Berko:

My $55,000 CD comes due soon, and I don’t mind investing long-term if I can get a decent yield. What do you think of municipal bonds? I’ve read that the municipal market …

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North Central Bancshares receives approval for conversion

North Central Bancshares Inc., parent company of Fort Dodge-based First Federal Savings Bank of Iowa, announced that the bank has received regulatory approval from the Iowa Division of Banking to complete its conversion to a …

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Fed cuts debit card bank fees in half for retailers

Fees paid by retailers to banks for debit card purchases, a $20 billion annual expense that has been the subject of a political battle over the last year, will be cut in half after the …

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Small businesses struggle to get loans

Loans to small businesses have continued to decline in 2011, The Wall Street Journal reported.

Loans outstanding to small businesses totaled $609 billion at the end of March, an 8.6 percent drop from a year …

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West Bank exits TARP

West Bancorporation Inc. announced yesterday that it has redeemed all $36 million of the preferred stock it sold to the U.S. Treasury on Dec. 31, 2008, under the Capital Purchase Program, which is part of …

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TMG appoints new CEO

The Members Group (TMG) yesterday announced the appointment of Shazia Manus as CEO. She replaces Tom Kuehl, who recently announced his retirement.

Manus most recently worked as CEO of the Greater Iowa Credit Union, a …

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Principal to release second-quarter results Aug. 1

Principal Financial Group Inc. announced that it will release second-quarter financial results after U.S. markets close on Aug. 1.

Larry Zimpleman, chairman, president and CEO, and Terry Lillis, senior vice president and chief financial officer, …

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Raymond James to repay investors up to $300 million

The Securities and Exchange Commission (SEC) on Wednesday charged Raymond James & Associates Inc. and Raymond James Financial Services Inc. with making inaccurate statements when selling auction rate securities (ARS) to customers.

Raymond James agreed …

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