United Bank of Iowa

I am very proud to present the 2024 UBI Christmas issue. It is a blessing to work with dedicated and hardworking staff members who strive to provide excellent, friendly, and accurate service to our customers all through the year. Our staff takes pride in helping their customers succeed and UBI’s involvement in the communities we serve.

 

As we take time to recognize our work family, I’m also exited to share the blessing of a new member to my family. My son, Ben, is getting married in December; Ben and Madison will reside in Kansas City, Missouri.

I am pleased to report that an upgrade to Online Banking and the release of our new Mobile Banking app is scheduled for the first week in December. This new platform has some very nice features and I am confident you will enjoy the functionality and appreciate the additional level of security.

 

Beneficial ownership rules for companies will take effect shortly. Specifically, business owners will need to identify and report beneficial owners. This new information collection is mandated by the Corporate Transparency Act and is required to be completed by January 1, 2025. If you are unsure what you need to do, reach out to one of our bankers or your tax accountant professional and they can point you in the right direction to get started.

 

Our new Manning branch office is on pace to be opened later this year or early 2025. Our administrative team has been working diligently to make it happen. We are excited to have Lucas Potthoff, a Manning native, as the Office Manager.

Our Carroll office will celebrate their 25 year milestone this December. We are happy to have been part of Carroll and the surrounding communities for the past 25 years and look forward to serving you in the future.

 

A couple Ida Grove employees celebrated milestones recently. Sandy Sykes, who heads up our Trust Department, and Sheryl Wonder, Assistant Bookkeeping Manager, both celebrated 40 years with UBI. We appreciate their dedication to UBI and commitment to their customers.

 

Also, I would like to give a shout out to Anita Whitney, Executive Secretary in Ida Grove, who will be retiring on December 31, 2024, after almost 44 years with UBI. I have worked closely with Anita for many years and give her my congratulations and best wishes in retirement.

 

We have several employees in our branch offices who have recently retired or have plans to retire in the near future. Janet Schrad, who retired from our Lake City office in November, had been with UBI since 2001 and logged a total of 44 years in banking. Pamela Meyer, who also retired in November, had been part of the United Bank of Iowa lending team in Rockwell City since 2018. Jolene Rasty, also from the Rockwell City office, will retire in January after 23 years with UBI and logging a total of 47 years in banking. Karen Hartje will also retire in January after serving our Storm Lake customers for 15 years. I want to give our best wishes to Janet, Pamela, Jolene, and Karen. All of these employees did commendable work and set examples for the upcoming generation of bank employees.

 

As 2024 winds down, I want to report that United Bank of Iowa is doing well and remains financially strong. Our staff members are ready to begin a new year and our hope is to continue serving your banking needs again in 2025. Thank you for being a United Bank of Iowa customer.

 

Merry Christmas and Happy New Year!