Keystone Savings picks Brian Brown as new banking officer
Steven Wilson resigns as president and CEO of Keystone Savings Bank after leading growth from 13 million to about 25 million in assets. Brian Brown, previously VP, will replace Wilson May 1. Brown has 30 percent loan-volume growth in his tenure at the Benton County bank and earlier work in Vinton and Orange City.
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Keystone Savings Bank
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M.C. Larson
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Middle managers restructured into three groups ants bees beavers
An office plan aims to boost productivity by dividing middle management into three teams named the ants the bees and the beavers. The move signals a reorganization intended to streamline oversight and operations.
Consumer debt dips again in January amid auto loan rise
Federal Reserve data show January consumer credit fell 0.3 percent to 183 million, with installment debt down 0.8 percent for 1991. Auto loans rose 1.5 percent by 332 million, the first gain in 13 months, while revolving credit gained 1.5 percent to 299 million.
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Stocks Slip Slightly as Markets Pause After Week Decline
The Dow fell 6.48 to 3215.12 while the New York Stock Exchange showed light volume about 160.6 million shares. Equitable led Iowa gains up 3 to 45, United Fire rose 2 to 55, Heartland Express eased 1 to 30.5, Firstar declined 1.14 to 52. Brokers cite rising interest rates tempering stock enthusiasm amid signs of a gradual economic recovery.
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