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Insurance

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West Bank to pay $15,500 penalty to regulators

West Bank has agreed to pay a civil penalty of $15,500 assessed by the Federal Deposit Insurance Corp. (FDIC) for allegedly failing to meet minimum capital requirements and having a high level of impaired loans, …

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DeWaay among top financial advisers, magazine says

Barron’s magazine has ranked DeWaay Capital Management among the Top 100 Independent Financial Advisors for the second consecutive year, according to the list released by Barron’s on Saturday. The Clive-based wealth management firm was ranked …

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Forget about GM stock; take a look into Intuitive


Dear Mr. Berko:

Please give me your thoughts on buying GM when it goes public. When will that happen and at what price? There seems to be a lot of demand for the new shares, …

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Neighborhood lender celebrates 20 years


Neighborhood Finance Corp. is celebrating its 20th year of providing loans to purchase and improve homes in Polk County neighborhoods.

The nonprofit mortgage lender traces its beginnings to a study commissioned in 1989 by the …

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Take a venture into Frontier


Dear Mr. Berko:

I’m looking at Frontier Communications after its buyout of Verizon’s land line business. The $1 dividend, according to Yahoo Finance, yields 14 percent, and I was thinking of buying 700 shares as …

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Don’t place a bet on anarchy


Dear Mr. Berko:

My broker has been telling me to sell all my stocks and buy gold. He believes the United States is on the path to anarchy, and my only protection is to move …

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Holmes Murphy ranked 22nd-largest broker


Holmes Murphy & Associates Inc. has been named the 22nd-largest independent risk management and insurance brokerage firm in the United States, up from its 24th standing in 2009. The rankings are conducted annually by Business …

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Casey’s announces early results of stock repurchase

Casey’s General Stores Inc. will buy nearly 26 percent of its outstanding stock at $38 a share, based on preliminary results of a stock buyback plan.

The Ankeny-based convenience store chain said it will spend …

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Wells Fargo helps Habitat for Humanity

Wells Fargo & Co. will give $175,000 to Greater Des Moines Habitat for Humanity today to support the organization’s projects, including the upcoming Habitat 20/10 build, the Women’s Build and the CEO Build. The company …

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Cash-strapped loan programs hinder small businesses

Dozens of state programs that help small businesses get needed loans are in jeopardy, CNNMoney.com reported.

Though they cost relatively little to operate and are successful at helping create jobs, many of the programs, which …