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State Bank of Bussey
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Summary
location iconBussey, Iowa
website
company sizeCompany size: 11-50

State Bank of Bussey is a banking company based out of MAIN ST, Bussey, Iowa, United States. The State Bank of Bussey has operated under the same charter since 1931. With locations in Bussey, Lovilia, and Oskaloosa, the State Bank of Bussey is privileged to serve three communities in the heart of south central Iowa.

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Commercial Banks
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State Bank of Bussey - Recent News & Articles

China cuts benchmark lending rates for the first time in 7 months in Beijing’s growth push

The People’s Bank of China trimmed the 1-year loan prime rate to 3.0% from 3.1%, and the 5-year LPR to 3.5% from 3.6%. A slew of state-backed commercial lenders moved to cut their deposit rates by as...

Source: CNBC

The deal that has spurred Apollo’s plan to remake Wall Street

In October 2022, shortly after Credit Suisse launched a major business restructuring and the credit-rating agencies announced they were downgrading the Swiss bank’s debt, adding to the turmoil that wa...

Source: Financial Times

Moody's cuts America's pristine credit rating, citing rising debt

Moody's downgraded the U.S. sovereign credit rating on Friday due to concerns about the nation's growing, $36 trillion debt pile, in a move that could complicate President Donald Trump's efforts to cu...

Source: Reuters

Platforms, Private Credit Fund and Banks’ Fortunes Are Increasingly Intertwined

Private credit exists as an essential part of the capital spectrum, especially for firms that cannot get, or choose not to get, traditional bank channels. The private credit firms — including venture ...

Source: PYMTS

Fed holds rates steady as it notes rising uncertainty and stagflation risk

The Federal Reserve held its key interest rate unchanged in a range between 4.25%-4.5%, where it has been since December. The post-meeting statement noted the recent market volatility and how that is ...

Source: CNBC

Banks are keeping credit card rates high even after the CFPB rule they blamed for high APRs was killed

Banks quickly raised interest rates to record levels and added new monthly fees on credit cards last year when a Consumer Financial Protection Bureau rule threatened a key revenue source for the indus...

Source: CNBC

Michael P. Lyons assumes leadership of Fiserv as CEO

Fiserv, Inc. (NYSE: FI), a leading global provider of payments and financial services technology solutions, today announced that Michael P. Lyons has been appointed Chief Executive Officer of Fiserv. ...

Source: Finextra

U.S. economy shrank 0.3% in the first quarter as Trump policy uncertainty weighed on businesses

Gross domestic product fell at a 0.3% annualized pace, largely pushed by a surge in imports ahead of President Donald Trump’s tariffs. Imports soared 41.3%, driven by a 50.9% increase in goods. Import...

Source: CNBC

More Americans are financing groceries with buy now, pay later loans — and more are paying those bills late, survey says

A Lending Tree survey found 25% of buy now, pay later users are funding grocery purchases with the loans, up from 14% in 2024. The survey said 41% of respondents said they made a late payment on a BN...

Source: CNBC

China may shift from US Treasurys toward gold, crypto — BlackRock exec

Central banks, particularly China, may start to shift away from US Treasurys, exploring alternatives such as gold and Bitcoin, according to Jay Jacobs, BlackRock’s head of thematics and active ETFs. I...

Source: Cointelegraph