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Dwolla said Thursday it has launched a platform for businesses, banks and consumers that delivers real-time money transfer free of charge, making it the first U.S.-based payments network to offer free transfers, CNBC reported. Ben Milne, founder …
Emily Abbas, who became Bankers Trust Inc. President and CEO Suku Radia’s chief of staff last year, has added chief marketing officer to her nameplate. In promoting her, Radia may have taken note that Abbas …
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 …
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