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Bank acquisitions announced in Kansas, Iowa

ABA Community Banking

Farmers Savings Bank in Iowa has agreed to buy Elgin State Bank. The post Bank acquisitions announced in Kansas, Iowa appeared first on ABA Banking Journal. PBT Bancshares in Kansas has applied to acquire Kanza Financial.

Iowa 59
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Iowa bank is fifth failure this year

American Banker

and the Iowa Division of Banking due to problems in its portfolio of commercial trucking loans. Months prior to its failure, Citizens Bank in Sac City had entered into a consent order with the Federal Deposit Insurance Corp.

Iowa 87
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Rural banking is front-and-center in this Iowa House race

American Banker

Zach Nunn, R-Iowa, has won endorsements from key banking industry players this election year with his support for the ACRE Act. Here's why rural banking might be a winning issue in the toss-up race.

Iowa 41
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VizyPay carves out a niche catering to rural America

Payments Dive

Austin Mac Nab, the CEO and cofounder of Waukee, Iowa-based payments processing firm VizyPay, said the company aims to disrupt the payments landscape by catering to small town businesses.

Iowa 395
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Iowa Bank Regulator Blocks Credit Union Acquisition of Bank Assets, Branches

ABA Community Banking

The Iowa Division of Banking on Monday blocked the sale of First American Bank’s remaining Iowa-based assets and branches to Green State Credit Union, a $5.8 billion institution based in Iowa City. The post Iowa Bank Regulator Blocks Credit Union Acquisition of Bank Assets, Branches appeared first on ABA Banking Journal.

Iowa 97
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Iowa State Fair will require vendors to accept both cards and cash

Payments Source

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.

Iowa 92
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Plagge Appointed Superintendent of Iowa Division of Banking

ABA Community Banking

Kim Reynolds announced today that former ABA Chairman Jeff Plagge, president and CEO of Northwest Financial Corporation in Arnolds Park, has been appointed superintendent of the Iowa Division of Banking. The post Plagge Appointed Superintendent of Iowa Division of Banking appeared first on ABA Banking Journal.

Iowa 49