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Banking and Finance

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Executive promotions announced at Bankers Trust

Bankers Trust announced the promotion of Emily Abbas and Todd Wishman to executive vice president, which is the top level of leadership at the bank next to the CEO. Wishman has been with the bank for 20 years and …

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Clute and Boyer assume new roles at MidWestOne Bank

Dan Clute, pictured, will assume the responsibilities of regional business development executive at MidWestOne Bank, the organization announced. He has been serving the Des Moines market as market president since March 2021. In this expanded role, …

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Principal survey finds employers, employees preparing for potential recession in 2023

The latest Principal Well-Being Index study by Principal Financial Group showed owners of small and midsized businesses are opting to raise prices and reduce operating expenses before cutting salaries or benefits, despite a belief among …

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Report: Iowa banks’ net income slips 6.3% in third quarter

Iowa’s banking industry demonstrated strength and met Iowans’ financial needs amid persistent inflationary pressures and rising interest rates in the third quarter, according to recently released data from the Federal Deposit Insurance Corp.

Iowa banks …

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MidWestOne names Charles Reeves as new CEO

MidWestOne Financial Group, Inc., the parent company of MidWestOne Bank, announced that its board of directors has named Charles N. “Chip” Reeves as its new CEO, effective Nov 1. Reeves succeeds Charlie Funk, who is retiring …

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ViClarity partners with credit union tech firm on compliance reviews

ViClarity, a Des Moines-based global provider of governance, risk and compliance technology and regulatory and compliance consulting for financial institutions, is partnering with California-based technology company WithClutch, the companies announced recently. WithClutch focuses on building …

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Availa Bank announces new Council Bluffs market president

Availa Bank announced that Dave Zimmerman will be taking over the role of Council Bluffs market president. Zimmerman is a 19-year Availa Bank employee and he has 25 years of banking experience. He began his …

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Abbas recognized as Outstanding Woman in Banking by national magazine

BankBeat magazine named Emily Abbas, senior vice president, chief consumer banking and marketing officer at Bankers Trust, as an Outstanding Woman in Banking. The award recognizes bankers who have made outstanding contributions to their bank, industry and …

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New analysis from Principal reveals employer support for financial inclusion differs by sector

The U.S. is the second most financially inclusive market, according to the 2022 Global Financial Inclusion Index, produced from research sponsored by Principal Financial Group and conducted by the Centre for Economics and Business Research. The …

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West Bank posts lower third-quarter earnings

West Bancorporation Inc., the West Des Moines-based parent company of West Bank, on Thursday reported third-quarter net income of $11.6 million, or 69 cents per diluted common share, down from year-ago net income of $12.7 million, or …