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Banking and Finance

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Newsweek names 5 Iowa financial institutions to lists of top 250 in the US

Newsweek has announced its findings of the top 250 regional banks and the top 250 credit unions in the United States. Two Iowa-based regional banks earned a five-star rating: Manufacturers Bank & Trust Co in …

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Iowa House GOP leader ‘pretty confident’ 2024 will bring more action on taxes

With four days to go before the Iowa House of Representatives and Senate gaveled in the 2024 legislative session, House Speaker Pat Grassley told the Business Record he felt “pretty confident” that the GOP majority …

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Vision 2024 trends to watch

The Business Record works every day to find the pulse that’s driving business news throughout our state and to make sense of it and provide you, our audience, a variety of perspectives. Our newsroom aims …

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Erin Kuhl named 2024 Deloitte CFO of the Year

The Business Record has named Erin Kuhl, chief financial officer and chief of staff at Krause Group, as the 2024 Deloitte CFO of the Year.

Erin Kuhl

The award serves to honor an individual for …

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FHLB Des Moines awards $46 million in affordable housing grants

The Federal Home Loan Bank of Des Moines (FHLB Des Moines) announced 60 recipients of its 2023 Affordable Housing Program (AHP) awards. FHLB Des Moines partnered with 43 member financial institutions and local housing organizations …

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Buena Vista University, United Bank of Iowa form strategic partnership

Buena Vista University and United Bank of Iowa have entered into a strategic partnership to provide educational benefits to the bank’s 330 employees. The collaboration offers grant funding that will reduce the costs of classes …

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Sean Willett appointed Lincoln Savings Bank CEO

Sean Willett

The Lincoln Bancorp and Lincoln Savings Bank board of directors announced Monday the appointment of Sean Willett as Lincoln Savings Bank’s new CEO, effective Dec. 29.

Willett is a banking executive with more …

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Reynolds appoints PCSB Bank leader James Johnson as new superintendent of banking

James Johnson

James Johnson, president and CEO of PCSB Bank, has been appointed to be the next superintendent of banking in the Iowa Department of Insurance and Financial Services, according to a news release from …

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Veridian Credit Union awards $90K in grants to 24 organizations across Iowa, Nebraska

Veridian Credit Union distributed $90,000 in grants to 24 organizations across Iowa and eastern Nebraska. The credit union awards Successful Financial Future Grants annually of up to $5,000 each to nonprofit organizations that address barriers …

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Third-quarter Iowa banking results released

Iowa banks reported an increase in loans in the third quarter, up 8.7% from the same period a year ago, information released by the Federal Deposit Insurance Corp. shows.

“Despite a challenging interest rate environment …