Six banks were honored yesterday by the Iowa Bankers Association on the closing day of its 125th annual convention, conducted at the convention center in downtown Des Moines. The banks were honored in three categories in the association’s Community Betterment Award program.
In the Financial Education category, the IBA recognized Bankers Trust, Des Moines, and TS Bank, Treynor. Bankers Trust was recognized for its sponsorship of an educational summit for immigrant entrepreneurs. TS Bank was recognized for its support of a financial literacy program developed to help k-12 students learn about saving and managing money.
In the Community Service category, West Bank, West Des Moines, was recognized for its support of the Kiwanis Miracle League, which helps disabled kids play baseball. Also recognized was Two Rivers Bank & Trust, Burlington, for sponsoring a paint-a-thon where volunteers helped to spruce up the homes of disabled or low-income individual and families.
In the Economic Development category, Iowa State Bank, Algona and First Newton National Bank were honored. Iowa State Bank was recognized for its fundraising support related to the construction of a regional hospital in Kossuth, Iowa. First Newton National Bank was recognized for its support of the Centre for the Arts and Artists in Newton.
I have always thought these kinds of recognition programs are very important. (I even helped run such a program at the Minnesota Bankers Association in the late 1980s and early 1990s.) Banks usually make the news when something goes wrong, but the fact is banks are far more often involved in making good things happen. Given the number of people impacted, it is very important that these “good news” stories get told.