Iowa

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.

The Iowa company will pay $94 million for a bank with five branches and $727 million in loans.

Heartland said the sales will allow it to focus on other operations.

Senator Elizabeth Warren’s first trip to Iowa as a likely presidential candidate highlighted her fiery anti-Wall Street populism.

The two institutions had to change their names after a law passed in the Hawkeye State that forbid CUs from using a state university in their names.

Wells Fargo will lay off 1,000 workers primarily from its mortgage unit in the first major round of a previously announced plan to cut the bank's workforce by as much as 10% over the next three years.

Bob Kressig, who is running for re-election of his state house seat, helped defeat a measure earlier this year that would have increased taxes on Iowa credit unions.

ATBancorp had an unusual footprint that included a small bank and a number of fee-based businesses. But it had to slim down before it could find a buyer.

Victor Miguel Corro, a former WOCCU staffer, has taken the helm at Coopera following Miriam De Dios Woodward's move to PolicyWorks.

Credit unions in Iowa and across the west were honored for their work aiding immigrants and financial education for students, respectively.