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Banking and Finance

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11 Iowa financial institutions included on Forbes best banks, credit unions lists

Forbes’ 2024 lists of the best banks and best credit unions in each state featured 11 financial institutions in Iowa. The Iowa credit unions recognized were Veridian Credit Union in Waterloo; GreenState Credit Union in …
By Business Record Staff | Jul 30, 2024
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Junior Achievement of Central Iowa launches JA Career-Ready Credential

Junior Achievement (JA) of Central Iowa is offering a new JA Career-Ready Credential that aims to help high school students and young adults gain workforce skills and connect with local businesses.

Participants earn the JA …
By Business Record Staff | Jul 30, 2024
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Veridian’s relocated Prairie Trail branch is now open

Veridian Credit Union has relocated its Prairie Trail branch from inside Ankeny’s Prairie Trail Hy-Vee store to a newly constructed standalone branch located at 2115 S.W. State St. The new 3,400-square-foot branch, which re-opened Tuesday, …
By Business Record Staff | Jul 25, 2024
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Libby Jacobs to lead Taxpayers Association board

Former Iowa state legislator Libby Jacobs has been elected as chair of the Taxpayers Association of Central Iowa’s board of directors. The association was founded in 1921 as the Polk-Des Moines Taxpayers Association. The group’s …
By Kathy A. Bolten | Jul 23, 2024
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Merit Management Group hires new CFO

Merit Management Group, a private equity firm specializing in the construction, HVAC and home-improvement industries, has announced Tim Carson as chief financial officer. Carson will lead Merit’s financial operations and drive the firm’s strategy and …
By Business Record Staff | Jul 22, 2024
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Dupaco joins Federal Home Loan Bank in program to make homeownership more affordable for some borrowers

Dupaco Credit Union and Federal Home Loan Bank of Des Moines have partnered on the Mortgage Rate Relief program, which can provide eligible members with a reduced-rate mortgage. The Mortgage Rate Relief program provides $25 …
By Business Record Staff | Jul 15, 2024
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Fintech platform announces partnership with Iowa Credit Union League

Clutch, a credit union service organization, announced a new partnership with the Iowa Credit Union League to assist more Iowa credit unions and their members. Clutch’s platform specializes in omni-channel consumer loan and deposit account …
By Business Record Staff | Jul 10, 2024
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Affiliates Management Co. and FinMkt launch ‘CU DigiLend’ as point-of-sale service for credit unions

The Iowa Credit Union League’s holding company, Affiliates Management Co., and New York-based FinMkt announced a new partnership and the launch of CU DigiLend, a lending and point-of-sale financing technology for credit unions. CU DigiLend …
By Business Record Staff | Jul 9, 2024
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Hillary Hughes wins Top Woman Leader & Dealmaker of the Year

Prairie Capital Advisors, a corporate advisory and investment banking firm, announced that managing director Hillary Hughes has been recognized with the Top Woman Leader & Dealmaker of the Year for 2024 from M&A Atlas. The …
By Business Record Staff | Jul 2, 2024
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Watercress Financial closes $100M revolving credit partnership with DZ Bank

Watercress Financial Group LLC announced it has closed on a $100 million revolving credit warehouse facility with DZ Bank to enhance liquidity for contractors to offer long-term home improvement loans. This partnership aims to support …
By Business Record Staff | Jun 28, 2024