News Topic: Iowa

Banks are adjusting loan terms, making use of federal loan guarantees and working with farmers to find new markets, all in an effort to mitigate the damage from a likely drop in soybean exports. ... Read full article

Sponsoring so-called pitch competitions helps lenders gain Community Reinvestment Act credit and gather deposits. ... Read full article

Kathy Thorson, who is currently a market president at MetaBank, will oversee strategy for all of its four markets. ... Read full article

CEO Bruce Lee believes a multicharter model, which many other banks have scrapped, gives the Iowa company an edge in smaller markets. ... Read full article

The Iowa company said that Bruce Lee will take over its top post next month. ... Read full article

Online banks and some credit unions are responding to Fed rate hikes by aggressively raising deposit rates on CDs, savings accounts and money market products, while the nation's biggest banks are largely standing pat — for now. ... Read full article

Iowa lawmakers are considering a bill that would lower taxes for banks and impose a franchise tax on credit unions. The move could be a bellwether for other states looking at similar measures. ... Read full article

The Iowa company was sidelined by a Fed order for 2,155 days. Finally free, Ambank is open to making an acquisition and offering its mortgage origination services to other institutions. ... Read full article

The company will set aside more than $10 million, with most of the provision addressing an issue with a commercial loan. ... Read full article

The company will pay $186 million for First Bank Lubbock in a deal that also includes mortgage unit PrimeWest Mortgage. ... Read full article

The company will pay $53 million in cash and stock for Signature Bank. ... Read full article

The parent of State Bank in New Hampton has agreed to buy the holding company for Peoples Trust & Savings Bank. ... Read full article