An Iowa legislator and credit union board member was dumbfounded by an eleventh-hour phone call from a banker on an upcoming vote.
Some Iowa credit unions have thrown their support behind legislation that would allow financial institutions to conduct savings promotion raffles in the Hawkeye state.
An Iowa Senate bill that would allow financial institutions to conduct savings promotion raffles is getting support from credit unions in the Hawkeye state.
In yet another move to get capital flowing again, Iowa Gov. Chet Culver has signed legislation creating the Save Our Small Business fund, which will provide loans up to $50,000.
Small businesses in Iowa have a plethora of new lending sources to tap including a measure that allows them to qualify for low-interest loans through their credit union or bank.