Iowa

Q2, in Austin, Texas, paid $10.6 million to acquire all outstanding interests in Social Money, according to a Tuesday news release. The purchase price was subject to a customary working capital adjustment.

Heartland Financial USA is Dubuque, Iowa, has agreed to buy CIC Bancshares in Denver.

Peoples State Bank in Albia, Iowa, has agreed to acquire a branch from Iowa City's MidWestOne Bank.

First State Associates in Hawarden, Iowa, has agreed to buy Miner County Bank in Howard, S.D. The banks expect the deal to close later this quarter or early in the fourth quarter.

The Iowa Credit Union League has launched a new website that features "new and improved functionality" and resources for the trade association's member credit unions.

Central Bancshares in Muscatine, Iowa, will change the name of some of its banks to CBI Bank & Trust.

MidWestOne Financial Group in Iowa City, Iowa has raised $8.4 million in a private placement of its common stock.

Heartland Financial in Dubuque, Iowa, has agreed to buy Premier Valley Bank in Fresno, Calif.

Heartland Financial USA in Dubuque, Iowa, has agreed to buy First Scottsdale Bank in Arizona.

HARLAN, Iowa — Town & Country Credit Union, here, has chosen the Sharetec System as its new core processor.

Heartland Financial in Dubuque, Iowa, has agreed to buy Community Bancorp. of New Mexico in Santa Fe.

WATERLOO, Iowa — Monte Berg, SVP of finance at Veridian CU here is set to become the next CEO at the credit union.

Members of Chemical Credit Union in Clinton, Iowa, overwhelmingly voted to approve a proposed merger with DuTrac Community Credit Union, Dubuque, Iowa.

DES MOINES — For the Iowa Credit Union League, it all comes down to alignment.

Getting employees used to using fingerprint scanners was the biggest challenge to Clear Lake Bank's biometrics project.

Gov. Scott Walker of Wisconsin addressed speculation about a possible presidential bid during a speech to the Wisconsin Bankers Association.

WASHINGTON — The Federal Housing Finance Agency said Monday it has approved the merger of the Federal Home Loan banks of Des Moines and Seattle, giving approval to the first voluntary combination in the history of the system.

The $5.9 billion-asset company said in a press release Friday that it has offered the subordinated notes in a private placement to unnamed institutional investors.

Security National Bank in Sioux City, Iowa, said Thursday that it has agreed to purchase First Trust & Savings Bank in Moville, Iowa.

Heartland Financial in Dubuque, Iowa, has split the positions of president and chief executive, the company announced Wednesday.