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Banking and Finance

Veridian Prairie Trail Branch Rendering

New Veridian branch office planned in Ankeny

Construction is underway on a new Veridian Credit Union branch office at 2115 S.W. State St., in Ankeny, just south of the District at Prairie Trail. Veridian will relocate and expand its operations from the branch …

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Dwolla launches new product to streamline payment operations

Des Moines-based payment services provider Dwolla announced today the launch of Dwolla Connect, an application programming interface (API) solution designed for mid- to enterprise-sized businesses. Dwolla Connect simplifies the process of replacing legacy technology with …

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Principal welcomes new managing director of global fixed income

Michael Goosay

Principal Asset Management announced Monday that Michael Goosay has joined the firm as managing director of global fixed income and portfolio manager on select strategies. Goosay will take on leadership responsibilities across the …

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After pause, merger and acquisition activity coming back strong

What investors and sellers have seen in transactions over the past year might best be compared to experiencing the loss of a relationship, those who work closely with mergers and acquisitions say.

The good news …

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Bankrate ranks Iowa best state to retire

In a study based on affordability (40%), overall well-being (25%), quality/cost of health care (20%), weather (10%) and crime (5%), Bankrate – a consumer financial services company – found Iowa to be the best state …

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Principal reports lower than expected second-quarter earnings

Principal Financial Group Inc. on Thursday reported second-quarter net income of $389 million, or $1.53 per share.

The earnings per share compare with $1.65 a year ago and did not meet Wall Street expectations. The …

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A Closer Look: Chip Reeves

Quick, what’s the largest bank that has its headquarters in Iowa? Give up?

It’s MidWestOne Bank, based in Iowa City, with over $5.5 billion of deposits in five states reported at the end of March. …

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Five Iowa credit unions top-ranked by Forbes

Five Iowa credit unions are on Forbes’ new list of top-rated credit unions in the United States. They are, in order: Community 1st Credit Union in Ottumwa, Ascentra Credit Union in Bettendorf, Community Choice Credit …

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Wells Fargo investing millions on upgrades at Jordan Creek campus in West Des Moines

Wells Fargo has begun remodeling offices at the company’s 160-acre Jordan Creek campus in West Des Moines in anticipation of relocating a large number of employees to the site.

Three building permits with a total …

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Principal launches Focused Blue Chip ETF

Principal Asset Management has launched the Focused Blue Chip ETF, which will be a large-cap growth portfolio managed by Principal Aligned, the equities investment team managing mid-cap and blue chip strategies for Principal. Principal Aligned, …