isu web 102224 728x90

Banking and Finance

DSC 6869

Principal Financial executives see incentive pay increases after strong 2021 profits

Des Moines Register: A big year at Principal Financial Group meant big pay bumps for its executives. According to an April 4 proxy statement, the leadership team of the Des Moines-based financial services company received seven-figure …
By BPC Staff | Apr 14, 2022
DSC 6869

Iowa stocks’ March performance divided

Nine of the 16 Iowa-based companies on the Business Record’s Iowa Index posted stock price gains for the month of March, three being double-digit percentage gains. Seven stocks had price losses for the month. Two …
By JOHN RETZLAFF | Apr 8, 2022
DSC 6869

TruBank Des Moines Challenge professional disc golf tournament to be held in Indianola

Indianola-based community bank TruBank has committed to be the premier sponsor for the Disc Golf Pro Tour tournament that will be held Aug. 19-21 at Pickard Park in Indianola. The 2022 TruBank Des Moines Challenge event presented …
By BUSINESS RECORD STAFF | Apr 1, 2022
DSC 6869

Davis Center names site coordinator for Polk County Financial Empowerment Center

Rachelle Scott Oakley has joined the Evelyn K. Davis Center for Working Families as the site coordinator for the Polk County Financial Empowerment Center. The center, which was launched in March 2020 at the DMACC Urban …
By BPC Staff | Mar 30, 2022
DSC 6869

Principal releases data from ‘check-in’ survey of owners of small to medium-sized businesses

In response to the ever-changing operating environment for small and midsize businesses, Principal Financial Group recently conducted a “check-in” with business owners across the United States. The survey, which polled more than 1,000 business owners …
By BUSINESS RECORD STAFF | Mar 29, 2022
DSC 6869

West Bank ranks again on top-performing list; site work to start on new headquarters

West Bank was recognized for a second consecutive year as one of the 50 top-performing large community banks in the country in 2021, as ranked by S&P Global Market Intelligence. The West Des Moines-based bank was ranked …
By BUSINESS RECORD STAFF | Mar 28, 2022
DSC 6869

SEC wants companies to disclose how climate change is affecting them

NPR: Every year, public companies in the U.S. are required to provide investors and regulators with detailed data about their financial performance and the risks they face. Soon, they may also have to disclose information about …
By BPC Staff | Mar 21, 2022
DSC 6869

Senate banking chair warns about private-equity ties to insurers, questions risks

The chair of the U.S. Senate banking committee this week asked federal and state insurance regulators to gather data on whether the increasing presence of private equity funds in the insurance industry creates risks for …
By BUSINESS RECORD STAFF | Mar 18, 2022
DSC 6869

GreenState doubles lending goal for people of color to $1 billion

GreenState Credit Union announced that its board of directors has doubled its goal of extending $500 million in home loans to people of color in the next decade, with a new goal of lending $1 billion …
By BPC Staff | Mar 11, 2022
DSC 6869

Wells Fargo provides $1.5 million grant to How Women Lead for venture fund

Wells Fargo today announced new resources designed to help increase the growth of female-owned small businesses, including a $1.5 million grant to How Women Lead. The San Francisco-based banking company said the initiative is “aimed …
By BPC Staff | Mar 10, 2022
oakridge web 100324 300x250