Iowa

Bankers in the Hawkeye State are targeting legislation that would permit credit unions to gamify savings. This is at least the third major issue in recent years where the two sides have had a high-profile clash.

Collins Community Credit Union has agreed to buy First Savanna Savings Bank.

The company also disposed of a large agricultural loan that was nonperforming.

The legislation, sponsored by Rep. Cindy Axne of Iowa, aims to hold public companies accountable for moving jobs overseas. It won unanimous support from House Democrats but attracted only two votes from Republicans.

One bill would tax credit unions in the Sunflower State with at least $100 million in assets.

The merger of Cornerstone Community Credit Union into the Moline, Ill.-based Vibrant is expected to close on Oct. 1.

Bank Iowa will gain a branch in a neighboring market when it completes the acquisition.

Cobalt Credit Union will absorb Community Hope FCU after being approached by the National Credit Union Administration.

The Iowa company will pay QCR Holdings about $59 million for Rockland Bank and Trust.

First American Bank agreed to sell its Iowa branches to GreenState just weeks after arranging the transfer of its Florida locations to another credit union.

Besides the Iowa branch deal, First American Bank is also selling certain assets and liabilities in Florida in a previously announced transaction.

New legislation in Iowa that allows banks and credit unions to use electronic notaries could help local lenders compete with online competitors.

New legislation in Iowa that allows banks and credit unions to utilize electronic notaries could help local lenders compete with online competitors.

Innovation is part of Emily Girsch's daily routine. That's why the chief financial officer at Lincoln Savings Bank in Cedar Falls, Iowa, spends a lot of time thinking about the need to modernize bank regulations for the digital age.

The disaster has caused billions of dollars in damages across several Midwestern states.

Rising waters in the Cornhusker State have already caused in excess of $1 billion in damages.

BrightWise is a joint venture among the Iowa CU League, its holding company and LMG Security. The initiative aims to teach credit union professionals how to better protect their institutions.

The company will open its first office in Iowa after buying the business from Bankers Trust.

Two Iowa CUs had to come up with new names after a 2018 law prohibited them from using state universities as part of their brand identity.

E.J. Donaghey has left University of Illinois Credit Union to become the new president and CEO of Fort Dodge, Iowa-based Citizens Community CU.