Business & Economy
BBB Seeks Businesses of Integrity PDF Print E-mail
News Releases - Business & Economy
Written by Amanda Acton   
Monday, 20 October 2014 10:08

Better Business Bureau is now accepting nominations for Integrity Awards.

October 15, 2014 (Des Moines, IA) — It’s not all scams and warnings at Better Business Bureau. Today BBB announces a call for nominations for the 2015 Integrity Awards, which honor businesses who demonstrate superior ethics, reliability and trustworthiness.

Individuals and business owners can nominate businesses online at www.bbb.org/iowa. Established in 1993, the BBB Integrity Awards give public recognition to businesses and organizations for their outstanding commitment to fair, honest and ethical marketplace practices. The awards celebrate marketplace role models who exemplify BBB principles and uphold our ideals on trust, reliability and ethics.

“Everyone knows a business who has gone above and beyond to perform ethically,” says Chris Coleman, BBB CEO. “We want to celebrate those who are making the marketplaces in our communities somewhere businesses and consumers can trust each other.”

Nominations for businesses are due December 15. Any company doing business in BBB’s service area for at least three years is eligible to be nominated, no matter how big or how small. Following the open nomination process, nominated businesses will receive a formal application packet. An independent panel of volunteer community leaders will select this year’s recipients, who will be recognized at a ceremony on April 16, 2015, at the Downtown Des Moines Marriott.

Last year’s winners were Brad VanWeelden Company, Gratias Construction/Gratias Homes, Pioneer Communications, and The Rasmussen Group.

BBB also recognizes tomorrow’s leaders through the Students of Integrity awards. The awards are given to three high school seniors, nominated by their guidance counselors and principals, who personify high character and ethical behavior in their leadership and contributions to their communities and schools. Student honorees are selected by a panel of judges to receive a $2,500 scholarship to an accredited school/college of their choice.

About Better Business Bureau: BBB is a nonprofit, non-governmental, business-supported organization that sets and upholds high standards for fair and honest business behavior. All BBB services to consumers are free of charge. BBB provides objective advice, free BBB Business Reviews on more than 4 million businesses, 11,000 Charity Reviews, dispute resolution services, alerts and educational information on topics affecting marketplace trust. BBB Serving Greater Iowa, Quad Cities and Siouxland Region was founded in 1940 and is one of 112 local, independent BBBs across North America.

For more about this story or other media inquiries, please contact Amanda Acton, Communications Director, at 515-243-8137, ext. 313 or This e-mail address is being protected from spambots. You need JavaScript enabled to view it .

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Ascentra Breaks Ground in Davenport This Friday PDF Print E-mail
News Releases - Business & Economy
Written by Alvaro Macias   
Friday, 17 October 2014 14:10
Davenport’s Hilltop Campus Village Welcomes Ascentra to the Neighborhood BETTENDORF – Ascentra Credit Union will break ground for a new branch to be built on the corner of Brady and Locust Streets in Davenport on Friday, Oct. 17 at 4:00 p.m. This new branch will replace the nearby branch Ascentra merged in with Scott Schools Credit Union in 2013. It will provide convenient access to members and future members of the credit union in a very visible location. The state of the art facility will have the distinct Ascentra look similar to their new Bettendorf branch. The 3,400 square ft. structure will feature family friendly amenities, will beautify the landscape and enhance pedestrian access to the corner in the Hilltop Campus Village. Ascentra looks forward to opening this office in late spring 2015. Located within walking distance from St. Ambrose University and Palmer College of Chiropractic, this branch will provide much needed access to financial services for students in the heart of our community. “We look forward to working within an area of Davenport that is vibrant and very diverse,” Ascentra President and CEO Dale Owen says. “This is a wonderful location for our business, and we have been very pleased to work with the City staff, the City Council, the Design Review Board and the Hilltop Campus Village organization.” “Ascentra has seized a terrific opportunity by redeveloping a prominent corner site within the historic Hilltop Campus Village of Davenport,” said Joshua A. Schoenemann, Design Project Manager for LaMacchia Group, the construction and design firm for the project. “In addition to convenient vehicular accessibility off Brady and Locust, the enhanced landscaping and pedestrian connection demonstrates the credit union’s desire to immerse themselves into the fabric of the community they are serving. I feel the students, residents and visitors of this mixed-use neighborhood will greatly appreciate the effort Ascentra has put into adapting its signature look and feel to fit amongst the unique excitement of the area,” Schoenemann added. See a progress of the build on Ascentra’s Facebook and Twitter. About us: Founded in 1950, Ascentra Credit Union, is Iowa's premier credit union with more than $340 million in assets and 10 branches serving the communities of Bettendorf, Clinton, Davenport, Le Claire, Muscatine, Iowa and Moline, Ill. Learn more about Ascentra Credit Union at ascentra.org. Follow Ascentra on Facebook and on Twitter @ascentra. ###

 
State Treasury Invests in Iowa's Economy PDF Print E-mail
News Releases - Business & Economy
Written by Karen Austin   
Friday, 17 October 2014 13:36

DES MOINES, IA (10/15/2014)(readMedia)-- State Treasurer Michael L. Fitzgerald announced that Tuesday's Invest in Iowa online auction was one of the most successful to date. All thirty-four of Iowa's participating financial institutions received money, for a total of $57.5 million in deposits. "We use an auction format offering state deposits to Iowa financial institutions six times a year. This allows the state to earn a competitive return on the funds while ensuring local financial institutions have the money they need to keep the economy moving," Treasurer Fitzgerald said. "The program currently has over $230 million invested in Iowa banks."

Fitzgerald created the Invest in Iowa program in 1983 as a way to invest state funds in Iowa financial institutions. The financial institutions hold the funds as CDs and use the money to make loans.

Invest in Iowa quarterly auctions are held on the second Tuesday of January, April, July and October. The next auction is scheduled for January 13, 2015 at 10 a.m. Each auction has an established minimum interest rate and a minimum bid. To learn more about the Invest in Iowa program, visit iowatreasurer.gov, select "Invest in Iowa" under the "For Businesses" tab or contact the Treasurer's office at 515-281-5368.

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Significant investment in the Hilltop Campus Village PDF Print E-mail
News Releases - Business & Economy
Written by Scott Tunnicliff   
Thursday, 16 October 2014 09:31

Davenport’s Hilltop Campus Village will welcome its long-awaited new neighbor this Friday when ground is broken at the southwest corner of Brady and Locust Streets for a new branch of Ascentra Credit Union. A ground-breaking ceremony will be held at 4:00 p.m. by the Quad Cities Chamber of Commerce.

Ascentra purchased the site nearly two years ago, but has been waiting until its operation on 53rd Avenue in Bettendorf had been completed and was operational. “In the meantime, we had merged in the Scott Schools Credit Union nearby and have been positioning ourselves to be of service to this part of our community,” said Ascentra President and CEO Dale Owen. “This is a wonderful location for our business, and we have been very pleased to work with the City staff, the City Council, the Design Review Board and the Hilltop Campus Village organization.”

The building will be located near and on the site of the former Professional Arts Building, an office building that was demolished in early 2012. Ascentra purchased the 0.85 acre site in early 2013.

“Ever since it was purchased by Ascentra, we had been in close contact with their people,” said Hilltop Campus Village Board President Robert Lee. “Our director Scott Tunnicliff had made contact early on to provide help and support for their planned expansion into the Hilltop Campus Village. They will be a great addition to the area.”

Plans call for an investment of over $1 million. The facility will be 3,468 square ft., with significant landscaping, drive up window and parking for 24 vehicles. Employment numbers at this point are expected to be in the range of 6 - 8 with an anticipated opening set for spring 2015.

 
Angie's List Expands Headquarters, Adds Jobs PDF Print E-mail
News Releases - Business & Economy
Written by Leslie Arena   
Wednesday, 15 October 2014 09:19
INDIANAPOLIS, Oct. 14, 2014 (GLOBE NEWSWIRE) -- Angie's List
(Nasdaq:ANGI) announced today that as part of its continued investment
in growth, it plans to expand its Indianapolis headquarters, creating
hundreds of new jobs by 2019. The expansion, which is enabled in part
by an attractive incentive plan from the City of Indianapolis and State
of Indiana, is expected to begin in 2015 and extend through 2019,
broadening Angie's List's footprint in the city's east side.

"Today's announcement reflects our expectation for continued growth and
expansion and highlights our commitment to the city of Indianapolis,"
said Bill Oesterle, Angie's List Chief Executive Officer. "We look
forward to growing our thriving campus and continuing to attract talent
to Indianapolis."

Angie's List intends to continue its growth in its headquarters
location, expanding from approximately 500 employees in 2011 to
approximately 2,800 by the end of 2019. The Company plans to begin
hiring in 2015 for positions including information technology, sales
and member services. As part of the incentive plan, Angie's List has
agreed to achieve certain business and financial targets including
annual investment, number of employees and average wage levels. The
company expects to invest more than $10 million in expansion-related
capital expenditures in 2015, with cumulative investment expected to be
approximately $40 million by the end of 2019.

About Angie's List

Angie's List helps facilitate happy transactions between more than 2.8
million consumers nationwide and its collection of highly-rated service
providers in 720 categories of service, ranging from home improvement
to health care. Built on a foundation of authentic reviews of local
service, Angie's List connects consumers directly to its online
marketplace of services from member-reviewed providers, and offers
unique tools and support designed to improve the local service
experience for both consumers and service professionals.

Forward-Looking and Cautionary Statements

This press release contains "forward-looking statements" within the
meaning of the Private Securities Litigation Reform Act of 1995,
including statements regarding expected job growth, the receipt of city
and state incentives and expansion-related capital expenditures. These
forward-looking statements are based on Angie's List's current
assumptions, expectations and beliefs and involve substantial risks and
uncertainties that may cause results, performance or achievement to
materially differ from those expressed or implied by these
forward-looking statements. Factors that could cause or contribute to
such differences include, but are not limited to: our ability to
accurately measure and predict revenue per paid membership, membership
acquisition costs or costs associated with servicing our members; our
ability to protect our brand and maintain our reputation among
consumers and local service providers; our ability to attract and
retain local service providers to advertise on our service; our ability
to increase our pricing on memberships and service provider contracts
as we increase our market penetration; our ability to replicate our
business model in our less penetrated markets; our success in
converting consumers and local service providers into paid memberships
and participating service providers; competitive factors; our ability
to stay abreast of modified or new laws and regulations applying to our
business, including those regarding sales or transaction taxes and
privacy regulation; our ability to adequately protect our intellectual
property; our ability to manage our growth; our ability to attract and
retain qualified and experienced personnel, and general economic
conditions worldwide.

Further information on these factors and other risks that may affect
our business is included in filings we make with the Securities and
Exchange Commission from time to time, including Angie's List's Annual
Report on Form 10-K and its subsequent Quarterly Reports on Form 10-Q
and Current Reports on Form 8-K.

These documents are or will be available online from the SEC or on the
SEC Filings section of the Investor Relations section of our website at
http://investor.angieslist.com
. Information on our website is not part
of this release. All forward-looking statements in this press release
are based on information currently available to us, and we assume no
obligation to update these forward-looking statements in light of new
information or future events.

 
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