Baanx FinTech Invests in Iowa’s Maxwell State Bank

PYMNTS

B2B2C platform Baanx is now the third-largest shareholder in Maxwell State Bank , which is regulated by the U.S., after a multimillion-dollar deal to bolster cybersecurity as well as banking access in the country, a press release says. "We

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Iowa credit union officially taps new chief

American Banker

C-suite Credit unions Succession planning Iowa

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Warren Bashes Wells, Equifax In Iowa Speeches

PYMNTS

Senator Elizabeth Warren didn’t hold back during her first trip to Iowa, going after Washington for being “corrupt” and “beholden to giant corporations.” She has hired Emily Parcell, who worked as then-Senator Barack Obama’s Iowa political director for the 2008 caucus and as a senior advisor to Clinton in the state in 2016, as well as Brendan Summers, who was the 2016 Iowa and national caucus director for Bernie Sanders during his presidential campaign.

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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. Mobile point-of-sale Mobile payments Cash Payment cards IowaBeginning next year, all fair vendors will be required to accept cash, cards and contactless payments through First Data’s Clover devices.

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MidWestOne in Iowa hires outsider as next president

American Banker

Community banking Succession planning Recruiting IowaLen Devaisher once served as a regional executive for Old National Bancorp.

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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.

Iowa 82

Plagge Appointed Superintendent of Iowa Division of Banking

ABA Community Banking

Iowa Gov. 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 46

Settlement in Iowa resolves dispute over bank-credit union branch deal

American Banker

First American Bank agreed to cover costs incurred by the Iowa Division in Banking, while the regulator made it clear that the accord would not set a precedent for future credit union-bank deals. Credit unions Community banking M&A Branch deals Iowa

Iowa 33

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

NCUA bans former Iowa branch manager for fraud

American Banker

Prohibition orders Financial crimes Credit unions NCUA

Iowa 44

Ascentra Credit Union CEO dead at 52

American Banker

Dale Owen began his career at the Bettendorf, Iowa-based institution in 1999 and took over as chief executive in 2013. Credit unions Obituaries Iowa

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GreenState Credit Union pledges $500M toward racial equity efforts

American Banker

The Iowa-based institution hopes the funds can help narrow the racial homeownership gap in the state, which is believed to be among the worst in the nation. Diversity and equality Racism Credit unions Corporate philanthropy Iowa Racial Bias

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Peoples Bank's Kasasa Cash Available In Iowa And Missouri

BankDeals

Peoples Bank's (IA/MO) Kasasa Cash currently earns 3.505 APY on qualifying balances up to $20k. Kasasa Saver earns 1.00% APY on qualifying balances up to $20k

Iowa Banks CBI, MidWestOne Strike Branch Deal

American Banker

CBI Bank & Trust in Muscatine, Iowa, said Tuesday that it has agreed to buy a branch in Davenport, Iowa, from MidWestOne Bank in Iowa City. breaking_news dealmaking-strategy branch-deals sailthru-no-lead community-banking

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Heartway to Buy Peoples State Bank in Iowa

American Banker

in Wayland, Iowa, has agreed to buy Peoples State Bank in Winfield, Iowa. Heartway Bancorp. community-banking ia dealmaking-strategy

Iowa 30

Heartland in Iowa to Buy Founders in California

American Banker

Heartland Financial in Dubuque, Iowa, has agreed to buy Founders Bancorp in San Luis Obispo, Calif. breaking_news community-banking m-a ca ia dealmaking-strategy

Iowa 39

Acquisitive Heartland in Iowa Set to Raise $54 Million

American Banker

Heartland Financial in Dubuque, Iowa, is looking to raise $53.5 million through a public offering. breaking_news community-banking strategic-alternatives ia dealmaking-strategy

Iowa 35

HBT in Illinois to enter Iowa with deal for a Cedar Rapids bank

American Banker

M&A Consumer banking

Iowa 31

Heartland in Iowa Exits Small Business Lending Fund

American Banker

Heartland Financial USA in Dubuque, Iowa, has exited the Small Business Lending Fund. breaking_news dealmaking-strategy ia national-regional

Iowa 28

QCR Raises $30 Million to Help Buy Iowa Bank

American Banker

has agreed to buy Community State Bank in Ankeny, Iowa. QCR Holdings in Moline, Ill., breaking_news community-banking il dealmaking-strategy

Iowa 28

Cornerstone CU in Iowa Partners with Marketplace Lender

American Banker

Cornerstone Community Credit Union in Des Moines, Iowa, has partnered with the online marketplace lender LendingPoint to provide loan products for its members that struggle to qualify for traditional financing. breaking_news credit-unions marketplace-lending

Iowa 28

2021 Community Spark Award Runner-Up United Bank of Iowa

Social Assurance

As their area approached the Holiday Season last year, they were approached by the Town of Franklin to brainstorm ways to bolster the local small business economy. The idea they settled on was to create a closed-circuit gift card program, branded the “Think Franklin First” gift card.

Iowa 15

How a Small Iowa Institution Became The Bank Powering Big Fintech Apps

The Financial Brand

The post How a Small Iowa Institution Became The Bank Powering Big Fintech Apps appeared first on The Financial Brand. A 117-year-old community bank serves as the back-end for fintechs like Square Cash and Acorns, fueling growth while keeping its roots intact. Featured Content Innovation Strategies

Iowa 26

Iowa regulators put the kibosh on credit union's bank branch purchase

American Banker

The state's Division of Banking, led by a former bank CEO and trade group chief, blocked GreenState CU's move to buy seven branches from First American Bank. This is the second time this year regulators have halted a credit union-bank deal. State regulators M&A Community banks Disputes and judgments

Iowa 28

Community Bank Consolidation Accelerates: Simmons First National in $277M Double Buy in Tennessee

Banking Exchange

Two community banks snapped by Simmons, while Illinois’ Heartland Bank looks to push into Iowa Community Banking Feature3 Feature Management M&A.

Iowa 78

The Secret History of a Small Town Gas Station and the Lifelong Fintech Lesson It Taught Me

Strategically Speaking

If you find yourself in Cedar Falls, Iowa, head to First Street and pop into The Music Station. And yes, if you're a Jack Henry customer, you might find yourself in Iowa. After all, Cedar Falls is the birthplace of the Banno Digital Platform. So what is this mysterious gas station?

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BaaS Specialist Moov Lands $5.5m Investment

Banking Exchange

Iowa-based fintech Moov Financial is to expand its engineering team and accelerate product development after landing $5.5 million from investors Management Feature Feature3. 1Management

Iowa 78

Dwolla adds debit push payments, years after faster-ACH push

Payments Source

Iowa-based fintech Dwolla, which spent most of the last decade touting various alternative ACH-powered faster payments approaches, is adding the more mainstream option of debit push payments in its latest iteration. Debit cards Faster payments ACH Dwolla

Iowa 102

SENB Bank's Kasasa Cash Available in IA, IL, and WI

BankDeals

SENB Bank offers its Kasasa Cash checking account and the companion Kasasa Saver savings account to residents of Illinois, Iowa, and Wisconsin

Iowa 87

First State Bank Nebraska Offers Multi-State Rewards Checking Account

BankDeals

First State Bank Nebraska offers its First Rate Checking with competitive rates to residents of Colorado, Iowa, Kansas, Missouri, Nebraska, South Dakota, and Wyoming

Dupaco Community Credit Union Has Competitive 15-Month CD Rates

BankDeals

The 15-month Jumbo Share Certificate Special offered by Iowa-based Dupaco Community Credit Union has been part of the product line for three years, albeit periodically

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Farmers Bank Offers Top-Rate Kasasa Cash In 7 States

BankDeals

Farmers Bank's (IA) Free Kasasa Cash (3.00% APY, up to $25k) is available to residents of Illinois, Iowa, Minnesota, Missouri, Nebraska, South Dakota, and Wisconsin

First National Bank (IA) Has Competitive Rewards Checking

BankDeals

Available in nine northeast Iowa counties First National Bank's Premier Rewards checking account currently earns a competitive rate on qualify balances up to $20k.

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1 st National Bank Offers Multi-State FNB Cash Checking

BankDeals

1 st National Bank offers its FNB Cash Checking (2.50% APY, up to $35k) in Iowa, Minnesota, North Dakota, South Dakota, and Wisconsin

Frontier Bank's Big Deal Cash Checking Available In Five States

BankDeals

Frontier Bank's Big Deal Cash checking and its companion Big Deal Saver savings account is available online in Iowa, Minnesota, Nebraska, North Dakota, and South Dakota