Stay Informed with CUTimes
Sign Up

Thanks for subscribing, you will start receiving the Daily News Alert tomorrow!

This copy is for your personal, non-commercial use only. To order presentation-ready copies for distribution to your colleagues, clients or customers, click the "Reprints" link at the top of any article.

From the January-11, 2006 issue of Credit Union Times Magazine • Subscribe!

Iowa's Movie-Making Appeal Could Mean Big Business for Credit Union Lending

By

January 11, 2006 • Reprints

DES MOINES, Iowa - Iowa's credit unions could see a new business lending window open up as the state continues its reputation for attracting big budget films. Iowa Rep. Bob Kressig (D-Cedar Falls) and a director at $1 billion Veridian Credit Union, reports that the state's film industry was touted as a "sound investment" by the Venture Network of Iowa (VNI) Forum held in December. "There is a proven potential for the film industry in Iowa," according to Kressig's Dec. 27 statehouse newsletter. Communities can benefit in the short term through jobs in constructing sets and sewing by seamstresses, along with the influx of production people to the area." A film about Norway, Iowa's 1991 high school baseball team titled "The Mean Season," will be shot in Iowa, but the movie's makers are still seeking funds to help produce it. Iowa is no stranger to the film industry. Since 1935, its communities, farms and cities have been used as the filming sites for more than 250 major film projects including "Bridges of Madison County," "Field of Dreams," "Twister," "F.I.S.T." and "Take This Job and Shove It."

Comments

More News

Resource Center

View All »

Measure and Monitor the Risks and Opportunities in Loan Portfolios

Get a complimentary demo of our loan portfolio analytics and access to the white paper,...

CUT Daily eNews

Credit Union Times delivers breaking news and information you need to make the right decision for your organization - FREE. Sign up now!

Career Listings
Recent Career Listings
Browse Career Listings

Advertisement. Closing in 15 seconds.