Bankers Trust Co. President and CEO Suku Radia told employees Tuesday that the bank will operate under a single charter, based in Des Moines, effective next Jan. 1. Des Moines-based Bankers Trust is the parent …
The Federal Home Loan Bank of Des Moines announced today that it has successfully completed its merger with the Federal Home Loan Bank of Seattle and began operating today as one bank. Serving nearly 1,500 …
The first round of the Federal Reserve’s controversial bond-buying program helped most in parts of the country that needed it least, according to research released today, MarketWatch reported. Metro areas hit hardest by the recession received the …
The economy got off to an even weaker start this year than first thought, the federal government said today, as economic activity contracted amid a disappointing trade picture and continued caution on spending by businesses …
U.S. banks are lending to businesses at such a rapid clip that those loans are on pace to overtake residential mortgages for the first time since the 1980s, the Wall Street Journal reported. Commercial and industrial loans …
Iowa banks had more than $49.6 billion in total loans at the end of the first quarter, a 9 percent increase from a year ago, the Iowa Bankers Association said today. Nationwide, total loans grew …
Ames National Corp., which operates five affiliate banks, ranked No. 119 in a recent evaluation by American Banker of public banks with up to $2 billion in assets. American Banker based its rankings on average return on …
The Creighton University Rural Mainstreet Index for May rose slightly from April’s weak reading, according to the monthly survey of bank CEOs in a 10-state region dependent on agriculture or energy.
The overall index, based …
Financial institutions and retailers are developing a bigger appetite for Apple’s mobile payment option, and a Greater Des Moines-based payment processor is getting a slice of that business. The Members Group has now enrolled 25 …
West Bancorporation Inc. in West Des Moines ranks No. 19 in an annual listing of the top 200 publicly traded bank holding companies in the nation with assets of less than $2 billion.
The …
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