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Banking and Finance

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Majority of Iowa districts now offer financial literacy course

More than 350 Roosevelt High School seniors today were recognized for completing the Iowa Financial Literacy Program, sponsored by EverFi Inc., Principal Financial Group Inc. and the Iowa Insurance Division. The online program, which is …
By BPC Staff | Dec 3, 2015
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Wells Fargo grants $200,000 to Drake business programs

Wells Fargo & Co. recently renewed its long-standing commitment to Drake University’s College of Business and Public Administration with a five-year, $175,000 grant to the university’s Professional and Career Development Center. The grant enhances Drake’s …
By BPC Staff | Dec 1, 2015
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Social Money acquired by Austin-based firm for $10.6 million

Q2 Holdings Inc., an Austin, Texas-based cloud-based banking software company, has acquired West Des Moines-based Social Money, the company that developed the SmartyPig social savings product.


Q2 acquired all of the outstanding interests of Social…
By BUSINESS RECORD STAFF | Dec 1, 2015
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Great Western Bank acquires Home Federal Bank

Great Western Bancorp Inc. will acquire HF Financial Corp., parent of Home Federal Bank, in an $140 million deal that will create a banking operation with $11.3 billion in assets, $8.5 billion in loans and …
By BPC Staff | Dec 1, 2015
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Bank economists predict upbeat consumers and robust sales for holiday season

Economists for Wells Fargo & Co. and Bank of the West are predicting that retail sales will come up roses on Black Friday and through the holiday shopping season.


Merchants might miss the flush cheeks…
By BUSINESS RECORD STAFF | Nov 25, 2015
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Iowa construction and development loans up

Construction and land development loans led an 8.4 percent increase in lending in the third quarter over the same time last year, according to the Iowa Bankers Association.


Iowa banks provided more than $51.5 billion…
By BPC Staff | Nov 25, 2015
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Construction and development loans push lending at state banks

Construction and land development loans led an 8.4 percent increase in lending in the third quarter over the same time last year, according to the Iowa Bankers Association. Iowa banks provided more than $51.5 billion …
By BPC Staff | Nov 25, 2015
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U.S. House votes to roll back mortgage rules

The U.S. House of Representatives passed legislation Wednesday that critics argue rolls back regulations for mortgages that were created to prevent the bad lending practices responsible for the financial crisis of 2008, The Hill reported.


The…
By BUSINESS RECORD STAFF | Nov 19, 2015
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Lincoln Savings buys land for new Adel branch

Lincoln Savings Bank plans to build a new branch office in Adel at the northeast corner of the intersection of U.S. Highways 6 and 169. For the past 37 years, the site has been the…
By BPC Staff | Nov 18, 2015
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U.S. Bank is top SBA lender to women-owned businesses

U.S. Bank will be recognized as the top Small Business Administration lender to women-owned businesses in Iowa for fiscal year 2015 on Nov. 19 at the NAWBO Central Iowa Celebration of Excellence event. U.S. Bank …
By BPC Staff | Nov 18, 2015