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