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Cedar Rapids Gazette in Cedar Rapids, Iowa

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This newspaper page contains 5 articles. Subscribers can read the full text of each article.

Newspaper

Cedar Rapids Gazette

Location

Cedar Rapids, Iowa, United States of America

Date

Mar 24, 1985

Page

5

Huston Leads Iowa Banks and Farm in Steady Stewardship

Huston runs the family farm and bank while overseeing the Iowa Banking Department regulating 523 state banks. Since joining in 1958 he grew the bank from 3 to 40 million in assets and became banking superintendent in 1975. He warned of trouble in 1983, stressed honesty with the public, and pursues straight talk as he nears another four year term.

Huston Iowa Banking Department Iowa State University Iowa Bankers Association Robert Ray Terry Branstad Milner Branstad

Banks Close and Reopen in Iowa Over 18 Months

A roundup lists Iowa banks that closed and were reopened or acquired. Includes Commercial State Bank of Afton now Citizens Savings Bank after CSB Bancorporation purchase. Inwood State Bank became a branch of Security Savings Bank. Steele State Bank rebranded Valley Bank & Trust. First National Bank of Woodbine renamed Citizens Savings Bank under ISB Bancorporation. Tingley State Savings Bank folded into Hawkeye Bancorporation entities. Oakland Savings Bank renamed Oakland State Bank. Farmers National Bank of Aurelia bought by Earl Geiger, national chartered bank/jurisdiction noted.

Iowa Commercial State Bank of Afton CSB Bancorporation William Krause A.C. Benton Hampton Citizens Savings Bank Inwood State Bank of Inwood Security Savings Bank of Larchwood Steele State Bank of Cherokee Tad Hammond Herman Binklage Valley Bank & Trust First National Bank of Woodbine ISB Bancorporation Krause and Benton Tingley State Savings Bank of Mount Ayr Hawkeye Bancorporation of Des Moines Hawkeye

How to Buy a Bank From the FDIC

The FDIC offers buyout opportunities for failed banks with pre approved bidders. Eligible buyers must own a well rated bank at least twice the failed bank’s size and submit a binding bid for a swift transfer once bids open.

Krause FDIC Huston

Carma Lou's House of Music Opens Free Organ Lessons

Carma Lou's House of Music offers free organ lessons for all ages with every new or used organ purchased. The program, begun about 20 years ago, provides keyboard, music, and instruction weekly at 42nd Street corner Center Point Road NE, open seven days a week, contact 393-3121.

ABC Carma Lou

Bank buyers praise loyalty as new banks reopen in Iowa

Community support boosts confidence as Valley Bank & Trust of Cherokee and others reopen after closures. Bank buyers warn against rapid flipping and emphasize fresh liquidity, collateral backed loans, and FDIC involvement. The process aims to restore stable, local control and avoid rapid asset turnover.

Hammond Valley Bank & Trust of Cherokee Steele State Bank of Krause Krause Gentle Oil Corp Hampton

Also Mentioned on This Page

Neil Milner Federal Deposit Insurance Corp Paul Rooney Omaha Westdale Dr Target First Avenue Edward $S We Jon Sandra Starit Chelsea Patrick Wayne Darlene Steven Menggan Cedar Rapids Denise Williams Tipton Ann Lorie Elizabeth Diane Tim Wilkey Jolene Kay James Feldt Hopkinton Daut William Stear Rapids ST. Luke's Kew Lee Patrick Mahan Jacki Mike Maddi Cedar Rapid Sarah Marie A.maughter Hazel Lord Steve Lewis Chelsea Mc Denise Tim Rohi¢ Dubuque Lacey Lynn D and Donald Ra Coggan Amanda Dee Sandra Dee Narvin Lee Rathie Newhall Ames Borum Adrienna James Borum David Ray Daria Hendricks Andrey Ike D Michael Micn Cedr Ranids Exchange Bank Bloomfield Hawkeye Bancorporation Iowa Banking Federal Deposit Insurance Corporation Tom Huston Seik Pala Ee Beauty & the Best Asi Isu Ecw Pera
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