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Wells Fargo lays off another 107 workers in DM metro as mortgage market cools

Tuesday, July 5, 2022 3:00 PM

Wells Fargo & Co. announced another round of layoffs in the Des Moines metro last week, doubling the number of workers at the banking giant who have lost jobs in central Iowa this spring.
FDIC orders Luana Savings Bank to strengthen oversight, revise policies

BY JOE GARDYASZ

Friday, July 1, 2022 1:00 PM

Luana Savings Bank — which advertises itself as one of the fastest-growing and most efficient banks in the state — was recently ordered by federal and state banking regulators to take actions to end what regulators say are unsafe and unsound banking practices.
SBA signs alliance with ‘Divine Nine’ historically Black fraternities and sororities

BY BUSINESS RECORD STAFF

Friday, June 17, 2022 2:45 PM
Principal hires Lamarque as general counsel

Thursday, June 16, 2022 3:10 PM

Principal Financial Group announced that Natalie Lamarque will join the company as its new general counsel, effective Aug. 1. Lamarque will have oversight over the law department, including government relations and compliance.
Bank of America commits $40M to CDFIs to fund primary health care centers

Wednesday, June 15, 2022 3:03 PM

To increase access to health care services in medically underserved communities, Bank of America announced it has committed $40 million in low-cost, long-term capital to finance the development and expansion of community health care centers and other primary care facilities across the United States.
Breeze partners with Principal on individual disability platform

Friday, June 10, 2022 3:14 PM

Breeze, an Omaha-based insurtech serving the disability insurance market, announced it has added an individual disability insurance product from Principal Financial Group to its portfolio.
Study provides new insights on flexible spending account usage

BY BUSINESS RECORD STAFF

Friday, June 10, 2022 10:25 AM

A new study by the Employee Benefit Research Institute shows that participants boosted their participation in their companies’ flexible spending accounts in 2020 over the previous year, and that contributions didn’t vary significantly based on “use it or lose it” provisions and other plan components.
Veridian launches early direct deposit service

Wednesday, June 8, 2022 11:12 AM

Veridian Credit Union recently announced it has begun offering early direct deposit services, by releasing members’ electronic payroll up to two days sooner than the members’ payday.
Junior Achievement of Central Iowa updates logo and branding

Tuesday, June 7, 2022 2:59 PM

Junior Achievement of Central Iowa has announced the launch of its updated logo and branding, the first change to the Junior Achievement logo since 1986.
West Bank to add $100M in growth capital with subordinated debt, credit agreement

BY JOE GARDYASZ

Tuesday, June 7, 2022 2:58 PM

West Bancorporation is raising an additional $100 million of capital to support continued growth of the regional banking operations of West Des Moines-based West Bank.
36 credit union financial coaches graduate from People Helping People program

Monday, June 6, 2022 4:11 PM

The Iowa Credit Union Foundation, the philanthropic arm of the Iowa Credit Union League, recently announced the graduates of the 2022 People Helping People Financial Coach Program.
A Closer Look: Laura Howe

BY JOE GARDYASZ

Friday, June 3, 2022 6:00 AM
Data companies voice support for Financial Data Transparency Act

Friday, May 27, 2022 2:42 PM

Ames-based Workiva Inc. is part of a coalition of financial data services companies that are urging Congress to support legislation to adopt uniform data reporting standards for federal regulatory agencies.
Iowa credit unions’ business lending tops $4.1B in 2021

BY JOE GARDYASZ

Friday, May 27, 2022 6:00 AM
A Closer Look: Jill Klindt

BY SARAH BOGAARDS

Friday, May 27, 2022 6:00 AM

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Looking for something older? Try our archive search

NOTEBOOK - ONE GOOD READ: Commentary: The™ end of Ohio State as we know it

NOTABLE TRANSACTIONS: Urbandale neighborhood shopping center sold for $16.2 million

Construction underway on Live Nation entertainment venue in Waukee's KeeTown Loop commercial district

Site plan for Dave & Buster's approved by WDM commission

Medical cannabis expansion in DM mirrors statewide growth

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