An Iowa businessman has started a thrift whose name echoes that of a bank he used to control.

William A. Krause was the controlling shareholder of $621 million-asset Liberty Financial of West Des Moines. That company was sold in February of last year to Commercial Federal Corp. of Omaha.

Limited Time Offer

Save $400 off your subscription. Special offer ends April 30, 2017.

14-Day Free Trial

No credit card required. Complete access to articles, breaking news and industry data.