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Banking and Finance

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CJM Financial to merge with FirstLine Funding Group

FirstLine Funding Group, based in Madison, S.D., announced it has signed a stock purchase agreement to acquire Ankeny-based CJM Financial Inc., a receivable financing company for the trucking industry. With the purchase, CJM Financial will change its …
By BPC Staff | Aug 20, 2021
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Principal announces executive promotions in corporate finance, insurance roles

Principal Financial Group today announced senior management promotions within its corporate finance and U.S. Insurance Solutions businesses. Joel Pitz is named senior vice president and controller for Principal, effective Nov. 15. Pitz will have leadership responsibilities for …
By BPC Staff | Aug 18, 2021
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VizyPay ranked among 50 fastest-growing U.S. companies on Inc. 5000

VizyPay, a Greater Des Moines-based payments processing company that launched in 2017, has ranked among the top 1% of fastest-growing U.S. companies. The company, which will be moving into a new headquarters building next month …
By JOE GARDYASZ | Aug 17, 2021
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Parlet named director of operations for Bank Iowa

West Des Moines-based Bank Iowa announced that Leeann Parlet has been promoted to director of operations. Under Parlet’s direction, the family-owned bank plans to streamline and ensure efficiency in all operation practices, procedures and system applications. She …
By BPC Staff | Aug 10, 2021
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Wells Fargo, Des Moines’ largest private employer, delays return to office

Des Moines Register: With coronavirus cases rising, Des Moines’ biggest private employer has delayed its return-to-office plans. Wells Fargo & Co. will not require employees to be back in their offices until at least Oct. 4, …
By BPC Staff | Aug 5, 2021
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Full speed ahead

As many of F&G’s employees entered the insurance company’s newly remodeled downtown Des Moines headquarters at 801 Grand for the first time in recent weeks, some may have noticed their leader, Chris Blunt, standing in …
By JOE GARDYASZ | Aug 4, 2021
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Principal Financial plans to raze downtown office building

A building owned by Principal Financial Group at 575 Seventh St. in downtown Des Moines is slated to be torn down this year, a company spokeswoman said. Photo by Kathy A. Bolten

A three-story downtown office …
By BPC Staff | Aug 2, 2021
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Workiva acquires OneCloud

Workiva Inc. announced it has acquired next-generation iPaaS provider OneCloud Inc., a move that the Ames-based company said solidifies and accelerates Workiva’s position as a leading cloud platform for financial, regulatory and operational reporting. OneCloud is a …
By BPC Staff | Aug 2, 2021
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West Bancorporation reports record second-quarter net income of $13.2M

West Bancorporation Inc., parent company of West Bank, today reported that its second-quarter net income was $13.2 million, or 79 cents per diluted common share, compared with $8.0 million, or 48 cents per diluted common …
By BPC Staff | Jul 29, 2021
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West Bancorporation reports record second-quarter net income of $13.2M

West Bancorporation Inc., parent company of West Bank, today reported that its second-quarter net income was $13.2 million, or 79 cents per diluted common share, compared with $8.0 million, or 48 cents per diluted common …
By BPC Staff | Jul 29, 2021