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CBI Endorsed Member Storey Kenworthy & Workspace Foundation for Giving is accepting grant applications from qualified non-profit organizations until Aug. 31, 2022.
Five $5,000 grants will be awarded to selected non-profits whose programming aligns with the core giving priorities:
Additional information about the Storey Kenworthy & Workspace Giving Programs and a grant application is available at www.storeykenworthy.com/community. The Storey Kenworthy & Workspace family of companies, with 10 locations across Iowa, is a family-owned, independent office supplies and commercial interiors dealership.
compiled by CBI Endorsed Member QwickRate
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May Survey Results at a Glance:
OMAHA, Neb. (May 20, 2021) – For the sixth straight month, the Creighton University Rural Mainstreet Index (RMI) climbed above growth neutral. According to the monthly survey of bank CEOs in rural areas of a 10-state region dependent on agriculture and/or energy. Overall: The overall index for May jumped to a record high of 78.8 from April’s very healthy 69.0. The index ranges between 0 and 100 with a reading of 50.0 representing growth neutral. Approximately, 60.6% of bank CEOs reported that their local economy expanded between April and May. April Survey Results at a Glance:
OMAHA, Neb. (April 15, 2021) – For the fifth straight month, the Creighton University Rural Mainstreet Index (RMI) climbed above growth neutral. According to the monthly survey of bank CEOs in rural areas of a 10-state region dependent on agriculture and/or energy. Overall: The overall index for April slipped to a still healthy 69.0 from a record high 71.9 in March. The index ranges between 0 and 100 with a reading of 50.0 representing growth neutral. Approximately, 37.9% of bank CEOs reported that their local economy expanded between March and April. View the Iowa Legislative Bill Tracker Banking Act Modernization Bill Passes Iowa Senate The rewrite of much of the Division of Banking’s code section was passed by the Senate this week by a 45-0 vote. Senate File 566 now goes to the House where it will be eligible for passage there until the end of the session. CBI had input throughout the IDOB’s process to develop this update of the banking code, and we support its passage this year. State Pauses Administration of Johnson & Johnson’s COVID Vaccine Iowa public health officials announced Tuesday they would advise medical providers to stop using one of the main COVID vaccines after reports it caused severe but rare blood clots in some female patients. Gov. Kim Reynolds called the development a “surprising setback” in Iowa’s effort to vaccinate its population, but said it would still be manageable. She noted the shipments of the Johnson & Johnson vaccine at issue were already decreasing and supplies of the other vaccines would replace it. The announcement sent state officials scrambling to create contingency plans for vaccine clinics that had already been planned for this week. Reynolds asked for Iowans’ patience as officials worked to allocate additional vaccines where they are needed. The federal Centers for Disease Control raised red flags that the vaccine produced by pharmaceutical giant Johnson & Johnson needed further study and urged providers to stop administering it immediately. The CDC and FDA reported six cases of severe and rare blood clots, none of them in Iowa. Those agencies are reviewing the vaccine’s safety before vaccinations with J&J can resume. March Survey Results at a Glance:
For the fifth time in the past six months, the Creighton University Rural Mainstreet Index (RMI) climbed above growth neutral. According to the monthly survey of bank CEOs in rural areas of a 10-state region dependent on agriculture and/or energy, the index increased to its highest level since launching the survey in January 2006.
Overall: The overall index for March soared to a record high 71.9 from February’s solid 53.8. The index ranges between 0 and 100 with a reading of 50.0 representing growth neutral. Approximately, 68.8% of bank CEOs reported that their local economy was expanding, while the remaining 31.2% indicated little or no growth. “Sharp gains in grain prices, federal farm support, and the Federal Reserve’s record-low interest rates have underpinned the Rural Mainstreet Economy. Only 3.1% of bank CEOs indicated economic conditions worsened from the previous month. Even so, current rural economic activity remains below pre-pandemic levels,” said Ernie Goss, PhD, Jack A. MacAllister Chair in Regional Economics at Creighton University’s Heider College of Business. View the Iowa Legislative Bill Tracker Iowa Senate passes bill eliminating inheritance tax, phasing income tax cuts in sooner The Iowa Senate has unanimously passed legislation to scrap the state's inheritance tax and to phase in planned income tax cuts more quickly, advancing one of Republican Gov. Kim Reynolds' key legislative priorities. The bill, Senate File 576, passed the chamber Wednesday on a 46-0 vote, with four senators absent. It now goes to the Iowa House for consideration. Read more: Des Moines Register Call for Support of Central Filing System Legislation The Senate version of legislation to create a central filing system relating to security interests in farm products was previously approved in Senate State Government Committee and is now SF 486. This bill has now been referred to the Senate Ways and Means Committee since it contains a fee for filings, which makes it eligible for action until the end of the session. CBI supports this legislation, and urges members to contact their Senator and ask them to support SF 486. |
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