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Banking and Finance

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Application period begins March 1 for state rental housing incentives

The Iowa Finance Authority will begin accepting applications for the Workforce Housing Loan Program beginning March 1. The program is available to any community that needs additional rental housing as a result of employment growth. …

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Yellen: Rates will hinge on whether turmoil persists

Federal Reserve Chair Janet Yellen said the Fed still expects to raise interest rates gradually, while making it clear that continued market turmoil could throw the central bank off course from the multiple increases that…
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Manus named an influential woman in payments

PaymentsSource magazine has featured a profile of Shazia Manus, CEO of The Members Group, in its 2016 Most Influential Women in Payments issue this week. She was selected by the editors of PaymentsSource, which covers the global payments …

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VIDEO: January general fund revenue up 3.8 percent

  January 2016 net general fund revenue was $21.3 million, 3.8 percent above the January 2015 revenue level, said Jeff Robinson, a senior fiscal analyst for the Legislative Services Agency, in his monthly video memo.…
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VIDEO: January general fund revenue up 3.8 percent

  January 2016 net general fund revenue was $21.3 million, 3.8 percent above the January 2015 revenue level, said Jeff Robinson, a senior fiscal analyst for the Legislative Services Agency, in his monthly video memo.…
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Coopera to offer expanded Hispanic outreach to credit unions

Coopera has expanded a credit union outreach program to Iowa that will target the state’s 174,000 Hispanic consumers. The program, Juntos Avanzamos (Together We Advance), has been offered successfully in three states for the past …

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Ames National net income rose in the fourth quarter

Bank holding company Ames National Corp. reported fourth-quarter profits of $3.9 million, or 42 cent per share, compared with $3.1 million, or 34 cents per share, a year ago, according to a release. Loans increased …

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Credit and debit card spending up sharply among TMG members

The Members Group reported that its card-issuing financial institution members increased their credit and debit card portfolios by an average 15 percent in 2015. Additionally, overall spending on all credit and debit cards processed by …

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2016 Economic Forecast

We wanted to change things up a bit this year in our economic forecast issue. Typically, we have our staff talk to a few economists and put together a summary story that tries to give …

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2016 Economic Forecast: Threats

So, what indicators out there are keeping our industry experts and economists sleeping with one eye open? We wanted to hear what they are watching in 2016 and beyond. Here are 13 threats to the …