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Iowa bank is fifth failure this year

American Banker

and the Iowa Division of Banking due to problems in its portfolio of commercial trucking loans. Months prior to its failure, Citizens Bank in Sac City had entered into a consent order with the Federal Deposit Insurance Corp.

Iowa 86
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VizyPay carves out a niche catering to rural America

Payments Dive

Austin Mac Nab, the CEO and cofounder of Waukee, Iowa-based payments processing firm VizyPay, said the company aims to disrupt the payments landscape by catering to small town businesses.

Iowa 397
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Iowa Bank Regulator Blocks Credit Union Acquisition of Bank Assets, Branches

ABA Community Banking

The Iowa Division of Banking on Monday blocked the sale of First American Bank’s remaining Iowa-based assets and branches to Green State Credit Union, a $5.8 billion institution based in Iowa City. The post Iowa Bank Regulator Blocks Credit Union Acquisition of Bank Assets, Branches appeared first on ABA Banking Journal.

Iowa 97
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Iowa State Fair will require vendors to accept both cards and cash

Payments Source

In the tug-of-war over merchants refusing either cash or cards embroiling local governments in New Jersey, New York City and Philadelphia, the Iowa State Fair is taking the middle ground. Beginning next year, all fair vendors will be required to accept cash, cards and contactless payments through First Data’s Clover devices.

Iowa 92
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Plagge Appointed Superintendent of Iowa Division of Banking

ABA Community Banking

Kim Reynolds announced today that former ABA Chairman Jeff Plagge, president and CEO of Northwest Financial Corporation in Arnolds Park, has been appointed superintendent of the Iowa Division of Banking. The post Plagge Appointed Superintendent of Iowa Division of Banking appeared first on ABA Banking Journal.

Iowa 49
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Libertyville Savings Bank Offers Kasasa Products In SE Iowa

BankDeals

Libertyville Savings Bank offers its competitive checking accounts (Kasasa Cash,and Kasasa Cash Back) and Kasasa Saver savings accounts in southeast Iowa.

Iowa 40
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One year after SVB collapse, updates on the 5 bank failures of 2023

American Banker

Silicon Valley Bank, Heartland Tri-State and Citizens Bank in Sac City, Iowa, were among bank failures in 2023. What's changed since?

Iowa 96