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Banking and Finance

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SBA backs $15.4M in loans to Iowa businesses

The U.S. Small Business Administration backed $15.4 million in loans for Iowa businesses in July, including $4.6 million in Central Iowa for 18 businesses.


The Central Iowa businesses promised to create 105 jobs and keep…
By BPC Staff | Aug 14, 2015
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Iowa Student Loan expands college savings giveway program

Iowa Student Loan has expanded its giveway program for chances to win a $1,500 College Savings Iowa account. The program, now in its second year, will give away 30 $1,500 College Savings Iowa accounts, an …
By BPC Staff | Aug 13, 2015
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Heid to retire from Wells Fargo Home Mortgage

Wells Fargo & Co.’s mortgage chief, Mike Heid, is retiring after 28 years with the San Francisco-based bank, the company announced Wednesday. Franklin Codel, 50, executive vice president and head of mortgage production, will succeed…
By BUSINESS RECORD STAFF | Aug 13, 2015
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Personal finances shipshape in Des Moines, other Iowa cities

Des Moines residents are in pretty good financial shape, ranking 37th in a study of the financial habits of residents of 265 cities, according to personal finance website NerdWallet. The study was based on average …
By BPC Staff | Aug 7, 2015
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ISU financial counseling program earns CFP registration

Iowa State University’s undergraduate program in financial counseling and planning has been registered by the Certified Financial Planner Board of Standards. The designation means the program meets a standard of excellence for competent and ethical …
By BPC Staff | Aug 6, 2015
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Great Western completes split from Australian-based owner

Great Western Bancorp Inc. has completed the repurchase of nearly 2.7 million shares of common stock from National Bank of Australia Ltd. As a result of the purchase, at a price of $22.50 per share, …
By BPC Staff | Aug 3, 2015
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Three firms merge to form BerganKDV

Bergan Paulsen and Networking Solutions announced they have merged with KDV, a Minneapolis-based certified public accounting firm, effective July 1. The combined firm, BerganKDV, offers business planning and consulting, tax, audit and accounting, payroll and 401(k), technology, …
By BPC Staff | Aug 3, 2015
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Legal aid organizations can apply for part of Bank of America settlement

The Iowa Supreme Court Lawyer Trust Account Commission announced it is accepting applications for grants in a special program funded by a Bank of America donation of more than $346,700.

 

The money must be …
By BPC Staff | Jul 24, 2015
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West Bancorporation reports record earnings — again

West Bancorporation Inc., parent company of West Bank, reported second-quarter net income of $5.3 million, or 33 cents per diluted share — the highest it has ever recorded in any second quarter, the company announced …
By BPC Staff | Jul 24, 2015
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Iowa bankers: Moderate economic growth through rest of 2015

In its second Economic Forecast survey of bankers from across the state, the Iowa Bankers Association suggests Iowa’s economy will continue its moderate growth with a positive jobs outlook. “These improvements, combined with continued low …
By BPC Staff | Jul 23, 2015