Dick Goodson, president of Iowa’s Community Bankers, has announced in a press release that the association is ceasing operations after 115 years. “Given the tremendous change which has occurred in banking over the past few years,” he said in the release, “there is no longer a need for a specialized banking trade association to cater strictly to thrift chartered institutions in Iowa.”

Goodson said, “The recent merger of America’s Community Bankers and the American Banking Association was the final step in the process of consolidation that has been occurring among banks and their trade associations for some years. The choice for our remaining members is to join the regional association called Heartland Community Bankers, which represents the thrift industry throughout the Midwest, or the state association, the Iowa Bankers Association. Both are fine organizations.”