As part of the Economic Development Rural Initiative Program, Dakota Business Finance established an annual program to present community lending awards. On Wednesday, Oct 9, the communities of Milford and Odebolt were presented with awards and special recognition was given to the lenders who contributed to receiving the award. We are proud to congratulate our…
Teresa Marnach, Mortgage Loan Originator, NMLS# 1563290 Receives Preferred Lender Designation (DES MOINES) – The Iowa Finance Authority (IFA) today announced that a total of 20 lenders have earned IFA’s 2020 Preferred Lender designation. IFA Preferred Lenders serve as ambassadors for Iowa home buyers seeking assistance with the homeownership process and are expertly trained in…
We are currently looking for dynamic, hard-working people for several job postings – if you would like more information or would like to apply, we encourage you to contact Human Resources today! Check out our Career Opportunities page and get your resume submitted today!
Chris Vraa and Jeff Asche Named Minnesota Housing Top Producing Loan Officers Willmar, Minn. – Chris Vraa and Jeff Asche of Heritage Bank were named Minnesota Housing Top Producing Loan Officers for loan production during the second half of 2018. Vraa received Platinum Level designation and Asche received Silver Level. We know homeownership builds equity…
United Bank of Iowa, headquartered in Ida Grove, has reached an agreement with Heritage Bank N.A. to purchase their locations in Anthon, Cushing, Holstein, Aurelia, Alta, and Lytton, Iowa. The sale, subject to regulatory approval, is targeted for completion in October 2019. Heritage Bank’s two Sioux City locations are not affected by this sale. Heritage…
We often hear phrases such as “protect your working capital”, or “watch your liquidity”, or “cash is king”, when referring to short-term financial analysis of a farm business. All of these terms generally refer to the “working capital” of a farm business. A significant decline in working capital in a farm operation can lead to…
Written by Kent Thiesse, Farm Management Analyst Dated January 7, 2019 The partial shutdown of the U.S. government has entered its third week (as of January 7). The shutdown officially began after December 21, 2018. Through the holiday season, most of the discussion regarding the shutdown has been around the political division over the issues that…