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Banking and Finance

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Interest ramping up in Apple Pay

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 …

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West Bancorporation makes upper grade, again

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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The Photo Issue: Seeking nominations

 

Do you know a business leader who has an interesting talent, hobby or skill?

 

We’re searching for the business leaders to feature photographically in the 2015 Photo Issue edition of the Business Record, …

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Brannen, others honored by Iowa Society of CPAs

The Iowa Society of CPAs recognized Jim Brannen, CEO of FBL Financial Group Inc., with the Outstanding CPA in Business and Industry Award during its 2015 Annual Meeting & Leadership Conference held earlier this month …

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Wells Fargo exec up for appointment to convention center hotel board

Grant Friesth, senior vice president for commercial lending at Wells Fargo Bank, would complete city of Des Moines appointments to the Iowa Events Center Hotel Corp. if the City Council votes Monday to approve his …

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As consumers, we just can’t get comfortable

Consumer confidence fell for the fifth consecutive week as attitudes toward the economy dimmed and moods soured at both ends of the income scale, according to the Bloomberg Consumer Comfort Index. Bloomberg reported that the Index dropped …

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Principal survey: One-third of workers regret borrowing for college

A new study from Principal Financial Group found that workers who borrowed for college may be increasingly regretting the decision. One-third of U.S. workers regret having taken out student loans, and an equal number say …

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PayPal growing as a small-business lender

PayPal said today that it has loaned $500 million to small businesses since its launch of Working Capital a year and a half ago, VentureBeat reported. The company says that it issues $2 million a day in …

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Southeast Polk H.S. receives $1,000 for financial literacy

Southeast Polk High School has been selected to receive a $1,000 award from the Iowa Bankers Association for its participation in Project Financial Literacy. The program is designed to promote financial literacy education by providing …

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Mortgage delinquencies fell during first quarter

The U.S. mortgage delinquency rate fell in the first quarter to the lowest level in almost eight years, Bloomberg reported. Loans that were at least 30 days late dropped to 5.5 percent in the first quarter from …