Iowa

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

Murray Williams has been with the league for 22 years and has served as chief operating officer since 2011.

Iowa lawmakers have reached a compromise on tax reform that preserves credit unions' tax status in the Hawkeye State.

A University of Iowa regent who questioned the credit union's relationship with the university is part-owner of a local bank.

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.

About 750 people took part in a rally at the state capitol in Des Moines to protest a proposed tax on Iowa's credit unions.

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.

Nussle, a former U.S. representative from the Hawkeye State, called the proposed legislation "bad for Iowa."

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.

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