h digitalfootprint web 728x90

Banking and Finance

Watercress Financial logo

Watercress Financial partners to expand access to loan products

West Des Moines-based Watercress Financial, which partners with contractors to provide financing options to individuals planning home improvement projects, has partnered with point-of-sale financing platform Finturf to give more contractors access to a variety of …
By Business Record Staff | Apr 3, 2023
Key in Door Getty

Bankers Trust invests $100,000 in homebuyer education programs

Bankers Trust will invest more than $100,000 in homebuyer education programs geared toward minority and low-to-moderate-income homebuyers over the next five years, the Des Moines-based bank announced. The bank will partner with affordable housing nonprofits …
By Business Record Staff | Mar 30, 2023
Banking Getty Images

Syverson Strege hosting free values-based investing session

Syverson Strege, a fee-only financial planning and investment management firm in West Des Moines, will host a free event on April 27 to discuss values-based investing. The event will feature Jason Gunkel, chief investment officer …
By Business Record Staff | Mar 30, 2023
Golf Getty

Principal extends Principal Charity Classic sponsorship agreement

Principal Financial Group has agreed to a five-year extension with the Principal Charity Classic, the company announced Wednesday. With the new agreement, Principal will continue to be the title sponsor of the annual PGA Tour …
By Business Record Staff | Mar 30, 2023
FDIC Insurace Getty

Should the FDIC insurance cap be raised? Here’s what some Iowa leaders think

The collapse of Silicon Valley Bank and Signature Bank in early March is prompting questions about whether the level of federal insurance provided for bank deposits should be raised.

Currently, the Federal Deposit Insurance Corp. …
By Kathy A. Bolten | Mar 30, 2023
Two Rivers Bank Trust logo

Schooley appointed business banking leader at Two Rivers Bank & Trust

Two Rivers Bank & Trust appointed Melissa Schooley as the business banking leader, effective March 27. Schooley brings over 20 years of banking experience with a focus on commercial banking and business development. Before joining …
By Business Record Staff | Mar 29, 2023
Principal logo2

Principal survey identifies retirement industry disruptors by 2030

The Principal Future of Retirement Survey identified the leading factors that will disrupt the retirement industry by 2030, including an aging workforce, Generation Z, demand for personalized investment advice and financial wellness. These factors are …
By Business Record Staff | Mar 22, 2023
Peter Orazem

Economists: Bank failures could affect Fed’s decision to continue rate increases

The failures of Silicon Valley Bank and Signature Bank of New York could influence the Federal Reserve’s decision to continue increasing interest rates with the release of a new inflation report out today, economists said.…
By Michael Crumb | Mar 14, 2023
Bank lifepreserver

Iowa’s banks are healthy, 2 state banking leaders say

Iowa banks are in good financial health and customers should not worry that the institutions will experience failures similar to what has occurred with Silicon Valley Bank and Signature Bank, two of the state’s top …
By Kathy A. Bolten | Mar 13, 2023
Banking Getty Images

Catch up: What to know about the recent banking disruption

On Sunday, U.S. authorities said they would ensure depositors with money at Silicon Valley Bank, a California-based banking institution used by many tech startups that collapsed Friday, would be paid back in full. Depositors were …
By Business Record Staff | Mar 13, 2023
wellabe web 040125 300x250