Vol. 21 No. 6 PO Box 118, Sioux City, Iowa 51102
February 2015
Growing a new market Great Western Bank’s Ed Den Beste
INSIDE THIS MONTH’S ISSUE: Credit union expands office PAGE 13
Ho-Chunk invests in Native bank PAGE 13
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BusinessJournal Ron Peterson, publisher Dave Dreeszen, editor Siouxland Business Journal is published monthly by Sioux City Newspapers Inc., in cooperation with the Siouxland Chamber of Commerce. Requests for a free subscription or address changes should be sent to: Kevin McGarry Siouxland Business Journal Box 118 Sioux City, Iowa 51102
Editorial copy should be sent to: Dave Dreeszen Siouxland Business Journal editor Box 118 Sioux City, Iowa 51102 dave.dreeszen@lee.net For more information: Editorial: (712) 293-4211 or 800-397-9820, ext. 4211 Advertising: (712) 224-6279 or 800-728-8588 Circulation: (712) 293-4257 or 800-397-2213, ext. 4257 On the web: www.SiouxlandBusinessJournal.com
Index How & Office ........................................................page 9 Chamber anniversaries ....................................page 19 Business Know How .........................................page 10 New Chamber investors ...................................page 22 Business People ......................................................... 16 Ribbon cuttings .............................pages 18, 21, 22, 23 On the Move.................................................................17
ON THE COVER
Tim Hynds, Business Journal
Ed Den Beste, Sioux City market president for Great Western Bank, is shown Feb. 13 at the bank’s lobby in downtown Sioux City. The bank has been growing since it entered the Sioux City market in March 2014.
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Hard Rock project to add parking, amenities Outdoor venue will be hard surfaced, redesigned DAVE DREESZEN
Business Journal editor
SIOUX CITY | The Hard Rock Hotel & Casino Sioux City has unveiled a $850,000 redesign of its outdoor special events venue. As part of the plan, the largely grassy area would be paved to add 102 parking spaces on days when there are no outdoor events. New landscaping, decorative street lamps, a beer garden, an expanded restaurant patio and a barrier to control concert noise also are part of the project,
which was scheduled to be presented to the city Planning and Zoning Commission on Feb. 23. “It’s going to be a great center of community activity,” Hard Rock General Manager Todd Moyer said. “Suddenly, you have a new front door to the Hard Rock.” The two-acre space extends northeast of the Battery Building. The century-old four-story brick warehouse was extensively renovated as a centerpiece of the $128 million gaming and entertainment complex, which opened Aug. 1. Now known as The Backyard, the venue will be rebranded as Battery Park, Moyer said. “It just fits,” he said. “It pays tribute to the heritage of the Battery Building.”
The Hard Rock currently has 840 surface parking spaces. As parking at the adja- Moyer cent Tyson Events Center dwindled recently, it quickly became clear the casino needed to add more of its own spaces, Moyer said. The Tyson lost 157 spaces, or 17 percent of its total, to last year’s reconstruction of Gordon Drive, an Iowa Department of Transportation project related to the upcoming widening and reconfiguration of Interstate 29 through downtown. Traffic studies show many fans of larger Tyson events, such as concerts or Sioux City Musketeers hockey
games, are now parking in Hard Rock spots closest to the events center, he said. Casino guests typically come and go every two hours or so, he said, a quicker turnover than the three to four hours for many Tyson events. Decorative pavers and stamped concrete will be used to mark the spaces in the new lot in Battery Park, he said. The paving will create a more level, reliable surface for concerts and other special events. Torrential rains during a series of events on Labor Day weekend left the grassy area a muddy mess, he noted. Tim Hynds, Sioux City Journal file The Hard Rock hired Brad Streeter six months ago to Fans listen during an Aug. 28 concert in the Hard Rock help redesign its outdoor Hotel & Casino Sioux City’s outdoor event venue. The casino space. Streeter spent the has unveiled plans to redesign the two-acre grassy area
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northeast of the Battery Building, adding 102 parking spaces as part of the $850,000 project.
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UnityPoint Health buys ex-Wellmark Blue Cross building DAVE DREESZEN
Business Journal editor
SIOUX CITY | UnityPoint Health – St. Luke’s recently announced a nearly $3 million project that will triple the space for its Siouxland PACE program. The expansion is expected to create 20 to 25 new jobs and permit future growth for the program, which provides health care and support services to enable aging individuals to remain at home. PACE is scheduled to move late this year to the former Wellmark Blue Cross and Blue Shield building at 1201 Zenith Drive. UnityPoint recently purchased the structure, which has been vacant since Wellmark
c l ose d i ts Fi rs t A d m i n i s t ra tors office in early 2013. Since its inception in 2008, PACE Ehlers has leased 10,000 square feet of space on the south side of a former Hy-Vee grocery store at 313 Cook St. The Siouxland Center for Active Generations occupies the north side, and will remain there after PACE moves. “While our current location meets the needs of participants today, we recognize the need to grow our program in order to care for the growing aging population,” PACE Director Randy
Ehlers said. Ehler said the program is running out of room in the 30,000-square-foot Zenith Drive location. The new building will allow the program to gradually grow its census from 150 currently to 270, just as the large Baby Boomers population ages. The non-profit organization coordinates and provides health care and supportive services to frail individuals ages 55 and older who are dual eligible for Medicaid and Medicare. “This really puts the care under one roof with one care team,” said. By keeping seniors in their homes as long as possible,
SENioRS, PAgE j6
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project: Outdoor venue will add 102 parking spaces, beer garden from page 4 along the Missouri River at Harrah’s Casino in Council Bluffs, Iowa. Prior to that, he was a concert promoter for 10 years in the Omaha area. By reconfiguring the Hard Rock outdoor space, about 1,000 seats were added, with the capacity going from 3,200 to 4,200, he said. The venue will continue to have rows of VIP seats in front of the stage, as well as elevated bleachers in the back. Moyer and Streeter emphasized that the redesigned space will be aesthetically pleasing. Trees, hedges and bushes will be planted along Water, Fifth and Wesley Parkway. Decorative street lights also will be installed, illuminating an area that is currently “dark and gloomy,” Moyer said.
This rendering is a view from Wesley Parkway of the proposed changes to the outdoor venue at the Hard Rock Hotel & Casino.
“It’s not just going to be a parking lot,” said Streeter, who is the Hard Rock’s entertainment manager. “It’s going to be comparable to
some of the best venues in the country.” For concerts, a sound barrier, using technologically developed by NASA,
will be erected in the rear of the venue. Akin to a backstop on a baseball field, the black fabric barrier will be able to reduce noise by up to
Provided
75 percent, he said. During the Hard Rock’s first outdoor concert, featuring the Goo Goo Dolls, a number of residents,
including some living miles away, complained about the noise level. The redesign of Battery Park also calls for adding an outdoor bar and beer garden, dubbed Biergarten, and expanding the outdoor patio for Main & Abbey, one of the Hard Rock’s restaurants. A new outdoor entrance also would be added at Fourth and Water streets, eliminating the need for guests to walk through the casino. Hard Rock officials expect to complete the work on the outdoor space in time for the first of eight to 12 concerts planned for this summer. Another 20 to 30 special events in the space also are in the works. The casino plans to spend between $1.5 million and $2 million on outdoor entertainment this year, Moyer said.
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Seniors: Program to add space
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from page 4 the program reduce hospitalizations and avoids more expensive nursing home placement. Buses bring participants from Woodbury, Plymouth, Monona and Cherokee counties to the center at Cook Street daily or a couple times a week. Program participant David Storm, 58, said PACE gave him new hope after he was diagnosed with a rare neurological disorder five years ago. After a 35-year career in the human relations field, he can no longer work due to the condition, which has caused him to have memory lapses, and has prevented him from driving or performing basic household chores, such as cooking. His wife works as a teacher, but they don’t make nearly enough to cover a mountain of medical bills, and a daily regiment of dozens of prescription pills. “PACE has taken care of those costs,” he said. “Now I know my family is going to be okay. It’s not going to leave them financially destroyed because of me.” Another PACE participant, Janet Salyers, turned to PACE two years ago after she could no longer afford a maintenance drug prescribed by her doctor. “I don’t know what I’d do without it,” Salyers said. The 73-year-old woman, who lives at Evergreen Terrace, a senior living community on Sioux City’s west side, more recently has been diagnosed with cancer. Salyers and Storm sat in the front row during the Feb. 5 news conference, where Ehlers, UnityPoint – St. Luke’s Chief Operating Officer Lynn Wold and Dr. Amy Callaghan, a physician who works with PACE, addressed an audience that included a number of other
Dave Dreeszen, Sioux City Journal
Siouxland PACE participants Janet Salyers and David Storm are shown Feb. 5 at the program’s center at 313 Cook St. They attended a news conference where UnityPoint Health – St. Luke’s announced the program, which offers care for frail individuals age 55 and older, will move later this year to a larger facility at the intersection of Zenith Drive and Hamilton Boulevard.
Provided
A rendering of the future home for Siouxland PACE is shown. UnityPoint Health – St. Luke’s announced Feb. 5 the program of all-inclusive care for the elderly will move to the former Wellmark Blue Cross Blue Shield building at 1201 Zenith Drive.
program participants. Storm and Salyers said they are looking forward to the opening of the larger PACE facility. “They can use the extra room,” Storm said. “It’s pretty crowded here some days.” Renovations to the former Wellmark building, located near Hamilton Boulevard’s intersection with Interstate 29, will begin this spring, with an anticipated
completion late this year. PACE will occupy about half of the 60,000-square-foot building, but there are no current plans for the remaining space, Wold said. Wellmark, Iowa’s largest health care insurer, closed the Sioux City First Administrators in early 2014, eliminating more than 100 jobs. The office processed medical and dental claims for self-funded customers in five Midwest states.
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Local leaders push Hwy. 20 at Branstad meeting ERIN MURPHY
Business Journal staff writer
DES MOINES | More than 40 local business and government leaders traveled to Iowa’s capitol on Feb. 3 to lobby Gov. Terry Branstad and legislative leaders. During a Statehouse meeting, the delegation asked the Republican governor about the status of U.S. 20. Widening the east-west highway across Iowa has been in the works for more than 50 years, with a 12-mile segment between Moville and Correctionville, plus 29 miles in Ida and Sac counties remaining. The Iowa Department of Transportation has not fully funded completion of the highway, a project advocates say is a high priority for economic development and safety. Branstad responded by talking about his desire to increase funding for the state’s road construction and repair budget. Any such measure is likely to include
a 10-cent increase in the state’s gas tax. “There’s no area of the state that knows how critically important this is more than Sioux City,” Branstad told the group. “That’s something we hope this General Assembly will address.” Local leaders were pleased to hear that the governor and legislative leaders appeared to be making progress on the transportation issue. “I think right now what they’re doing is looking at various issues out there and see what makes it into a bill,” said Sam Wagner, director of business relations for the Siouxland Chamber, which coordinated the trip to Des Moines. Legislation that would funnel increased transportation dollars to Highway 20 is a top legislative priority of the Chamber this session. The group has not taken a position on a gas tax increase, however. During the Feb. 3 meeting, Sioux
Provided
Members of the Sioux City Mayor’s Youth Commission participate in a roundtable discussion with state Reps. Dave Dawson, Chris Hall and Ron Jorgensen of Sioux City on Feb. 3 in Des Moines. The youth accompanied local business and government leaders on their annual trip to the state capitol.
City schools officials quizzed Branstad on a pair of hot-button education issues: school funding and start dates. Branstad said he is willing to compromise on the start date issue. His administration
announced it no longer will rubber-stamp early-start waivers and will more strictly enforce the current law that says schools may start no sooner than the final week of August. State lawmakers are considering
a plan that would give schools complete control over when to start classes each year. Supporters of the legislation say school districts know best how to set their calendar; opponents say tourism and summer activities are increasingly impacted by schools starting in early August. “I don’t think a bill that says we’re going to repeal the law, I don’t believe it will pass,” Branstad said. “I have suggested there may be a compromise that can be worked out on this issue.” Branstad defended his proposal to increase school funding by roughly $44 million this year, noting the additional $50 million for the new teacher leadership program and other allocations for high-risk students and early readers. Members of the Siouxland delegation also asked Branstad to support the Sioux City-based
BRANSTAD, PAGE 21
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A drug test you might not be able to pass Are you aware that our nation’s most abused drug is legal and may be sitting in your medicine cabinet? Fatal drug overdoses are an epidemic, with opioid prescription painkillers overdoses accounting for the majority of these deaths. The National Safety Council revealed these startling facts many people do not know, but need to, about prescription painkiller use: Forty-five people die every day from opioid prescription painkillers—more deaths than from heroin or cocaine overdoses combined. In 2010, enough prescription painkillers were provided to medicate every American around the clock for an entire month. More than 70 percent of people who abused prescription pain relievers got the pills from friends or relatives. Remember it is illegal to take someone else’s prescription medication. The U.S. contains only 4.6 percent of the world’s population but consumes 80% of the world’s opioids and 99 percent of the world’s hydrocodone. While middle-aged men and women have the highest prescription painkiller fatal overdose rates, the rates are increasing most rapidly among women. Teen use also is rising. One in eight high school seniors admits to using prescription painkillers for fun. What can be done: Remove painkillers from your home. Talk with your kids about drugs, and include a discussion of common medications in your home. If you need pain meds, work with your physician to cut back. Source: health-e headlines Consumer Health News Service, May 2014 If you are dealing with pain keep in mind
there are alternative ways to treat pain: Acupuncture works by triggering the body’s natural opioids (endorphins). This may be best for those with back pain. Meditation can reduce pain by altering activity in four pain-processing areas of the brain. Those who have used meditation long term seem to get less chronic pain in the first place. Cognitive Behavioral Therapy helps those who suffer learn to correct negative thoughts and behaviors. This therapy can be helpful in reducing the tendency to catastrophize. Spinal Cord Stimulation, in which an electrode is implanted in the DEB TWYFORD space around the spinal cord, can often help failed-back-surgery syndrome, when back surgery has left someone in worse pain than before. Deep Brain Stimulation, another invasive procedure, involves putting electrodes in certain brain regions; it has been used for more than 50 years, though researchers are still not clear on exactly how it works. Most of us have experienced some type of pain in our life and want to avoid this is the future. According to researchers at Northwestern University, those who exercise for at least 30 minutes three times per week are less likely to suffer some types of chronic pain. In addition, those who are very depressed are more likely to suffer from chronic pain, mainly back pain. Source: AARP Magazine Feb/March 2015 If you deal with pain, talk with your doctor about pain medication use and ask if non drug treatments may be an option for you. Deb Twyford is a Registered Nurse for Worksite Wellness at Mercy Business Health Services. Contact her at twyfordd@ mercyhealth.com or 712-274-4334.
Home & Office
Deb Twyford’s Home & Office column that appeared in the February issue of Siouxland Business Journal on page 9 contained an incorrect name with her photo.
As President of a social media agency, I strongly suggest to clients to join the Siouxland Chamber. Members are added to the Chamber’s website in the largest business directory in Siouxland. This is one of the easiest and most cost effective ways to increase “search engine optimization” due to the Chamber site’s high traffic and linking back to your website. I’m Beth Trejo, President of Chatterkick and I recommend that your business join the Siouxland Chamber of Commerce.
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GRow Your Business sioux city jouRnal communications deliveRs a huGe audience.
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Time to stand UP to sitting down for your health How many of you have felt the daily discomfort, stiffness or pain in your upper back, neck or shoulders, and even your lower back or knees after sitting through a long or stressful workday? Did you know the average American spends 55 percent of the waking time sitting according to a Vanderbilt University study published in the American Journal of Epidemiology. People with sitting jobs have twice the rate of cardiovascular disease (high blood pressure, high cholesterol, heart attack, and stroke) as those with standing jobs. When we sit for longer than one hour at a time without getting up to move, stretch, or fidget our muscles, bodies, and brains begin to shut down at the metabolic and cellular level. Sitting disease is estimated to affect 88 million people (about one in three) who are sedentary in America. When we sit down, the electrical activity in your leg muscles shut off and the powerful and life giving enzyme Lipoprotein Lipase, that breaks down and metabolizes fats and sugars in our body, begins to slow down by 90 percent. Lack of daily movement and prolonged sitting leads to low enzyme activity which contributes overtime to weight gain, weak abdominal muscles, very tight hip muscles, high triglycerides (bad cholesterol), metabolic syndrome, diabetes, heart attacks and stroke and even many cancers. Not only that but sitting for longer than one hour also slows down overall brain function and your ability to focus.
The enzyme Lipoprotein Lipase eventually shuts off after 60 to 90 minutes of inactivity. Physical movement, such as; walking, reaching, pushing or pulling, lifting, standing up to work or stretching for up to 50 percent of your workday, are all activities that improve or stimulate this enzyme activity thereby raising ERik NiEuwENhuiS your metabolism. These functional daily movements also reduce triglyceride levels (bad cholesterol) and greatly improve your ability to concentrate and focus from the heart and muscles pumping of fresh blood and oxygen that comes with movement. You also raise your HDL level (good cholesterol), and the enzymes such as lipoprotein lipase help to regulate our blood sugar levels throughout the day, which is a primary determinant of our daily energy level, ability of focus, and overall well-being! Office workers are more likely to suffer from lower back pain than manual workers due to the awkward sitting posture habits of crossing your legs, sitting on your feet, pulling your legs back underneath your chair, or slouching and sitting with your legs spread wide apart (very common awkward posture habit for males). Our awkward sitting posture habits are one of the leading risk factors for lower back, knee, hip, sciatica, and even shoulder pain or stiffness, or tendonitis of the elbow, wrist, and thumbs, even carpal tunnel syndrome.
Business Know How
nieuWenHuiS, page 21
8 Benefits of Sit-to-Stand Workstations 1. Improves alertness and energy level throughout your workday. 2. Promotes weight loss, and discourages “mindless eating” by raising your metabolism. Standing for three to four hours per day is equal to running ten marathons each year as far as calories burned. 3. Standing greatly reduces stiffness and pain to your lower back, knees, and hips, upper back, neck and shoulders too. 4. Standing strengthens your hips, legs, ankles,
and feet, and slows the loss of muscle as we age. 5. Improves your balance. 6. Reduces risks of high blood pressure, high cholesterol, heart attack and stroke (heart disease), diabetes, and even cancer. 7. Allows deeper breathing than while sitting by using your diaphragm which greatly reduces daily stress and muscle tension to your upper back, neck, and shoulders. 8. Improved Well-Being and Vitality at work, home, rest, and play!
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Blue Bunny head Wells leads Iowa Business Council BRET HAYWORTH
Business Journal staff writer
LE MARS, Iowa | Michael Wells, who heads the maker of Blue Bunny ice cream and frozen novelties in Le Mars, has been selected as chairman of the Iowa Business Council. Wells is president and CEO of Wells Enterprises Wells Inc. The 2015 IBC leadership team was elected during the annual business meeting. Other officers elected were: vice chairman Patrick J. Meyer, president and CEO of Pella Corporation in Pella; and treasurer John K. Sorensen, president and CEO of the Iowa Bankers Association in Des Moines. “Workforce attraction and skills development, infrastructure renewal and build-out, and
the health and wellness of Iowans are a few key areas of focus for the Business Council this year,” Wells said in a statement. He started with the family business in 1977 as a route driver while attending Morningside College in Sioux City. After his graduation, he joined the Blue Bunny sales force in 1981. Early in his career Wells held various positions, culminating with a series of roles in senior management that eventually led to his title as chief operating officer. In November 2007 Wells assumed his current position as President and CEO of Wells Enterprises, Inc., a 102 year-old company that is the largest privately held and family owned ice cream manufacturer in the United States. The Iowa Business Council was founded in 1985.
The Blue Bunny Ice Cream Parlor and Museum in Le Mars, Iowa, is shown in June 2011. Jim Lee, Sioux City Journal file
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On a first-year roll Great Western Bank grows after entering Sioux City market DAVE DREESZEN
ddreeszen@siouxcityjournal.com
SIOUX CITY | Great Western Bank has been on a growth spurt in Sioux City since entering the market a year ago. The bank operates a full-service location at 600 Pierce St., on the ground floor of the historic Davidson Building. The bank’s local funds under management has increased to $75 million, Sioux City market president Ed Den Beste said. The portfolio runs the gamut, from $10,000 consumer loans to $1 million commercial loans. “We’ve been very pleased with the response and the business we’ve been able to generate,” Den Beste said. Great Western’s commercial customers include businesses with long ties to Siouxland. For this story, the bank identified two such firms – Aalfs Manufacturing and Sioux City Brick. Sioux City Brick, which dates to 1913, is a fourth-generation family business that manufactures architectural brick. Sioux Citybased Aalfs, founded in 1892, is a Tim Hynds photos, Sioux City Journal third-generation familybusiness The entrance to Great Western Bank is shown Feb. 13 on the first floor of the Davidson Building at the corner of Pierce and 6th Streets in downtown that manufactures denim and twill Sioux City. The bank has experienced significant growth since entering the Sioux City market a year ago. apparel. Great Western has been running ads that show Den Beste and Aaalfs officials with a display of the company’s products. “They listened to our banking needs and they promptly delivered on everything they promised,” Aalfs managing partner Alex Rodawig said in the ad. “With our international operations, they were able to quickly bring to bear all of the resources we needed to continue to grow our company.” Den Beste said the bank’s customers also include the develLEFT: Ed Den Beste, Sioux City market president for Great Western Bank, oper of Eagle Ridge, a 229-acre meets with branch manager Sadie Wahlberg at the bank’s downtown
BANK, PAGE 15
Sioux City offices. ABOVE: Den Beste, left, and business banker Brandon Krotz in the bank’s lobby.
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Ho-Chunk Inc. invests in Native American Bank DAVE DREESZEN
ddreeszen@siouxcityjournal.com
Provided
A rendering above shows what the Siouxland Federal Credit Union building at 3000 Plaza Drive in South Sioux City will look like following an expansion project that is scheduled for completion in June.
Siouxland Federal Credit union expands South Sioux City office Workers install windows on Feb. 13 for a 4,500-squarefoot addition to Siouxland Federal Credit Union’s location in South Sioux City. The expansion project is scheduled for completion in June.
DAVE DREESZEN
ddreeszen@siouxcityjournal. com
SOUTH SIOUX CITY | Due to continued growth at Siouxland Federal Credit Union’s location in South Sioux City, some loan officers now work out of cubicles in the bank’s lobby. An ongoing expansion and remodeling project will allow the credit union to add private offices for those personnel, President Joel Steenhoven said. Last fall, construction began on a 4,500-squarefoot addition on the west side of the credit union at 3000 Plaza Drive. As part of the project, the existing entrance also will be lengthened to make it a shorter walk from the parking lot. The project, scheduled for completion in June, will allow the credit union to better serve its members, as well as add some new financial products that will be tbe announced at a later date, Steenhoven
Dave Dreeszen, Sioux City Journal
Siouxland Federal Credit Union PRESiDENt: Joel Steenhoven LoCAtioNS: 3000 Plaza Drive, South Sioux City; 200 Tower Road, Dakota Dunes; 2920 Gordon Drive; 1820 Hamilton
said. The South Sioux City location, which opened in the mid 1980s, currently includes 12,000 square feet of space. “This will be the third
time we’ve added on to the building,” Steenhoven said. “We continue to grow.” Siouxland Federal Credit Union, founded in 1967, has a total of five office
locations in metro Sioux City and 69 employees. The credit union has more than 18,000 members in Dakota County in Nebraska, Woodbury County in Iowa and Union County in South Dakota. Steenhoven said the credit union is seeking regulatory approval that would open up membership to residents of Plymouth County in Iowa, as well.
WINNEBAGO, Neb. | HoChunk Inc. has become a major shareholder in the parent company of Native American Bank. Based in Denver, the bank specializes in commercial loans to tribal governments and enterprises, Morgan as well as home loans to Native Americans. Ho-Chunk, the Winnebago Tribe of Nebraska’s economic development corporation, on Monday announced its undisclosed investment in the Native American Bancorporation. “First and foremost, we saw this as an excellent investment opportunity for Ho-Chunk, Inc.,” HoChunk President and CEO Lance Morgan said, “but we also understand that access to capital is a major economic hurdle for tribal communities and truly wanted to be part of the solution.” The bank, formed in 1998 to create a national bank serving Native people, communities, governments and enterprises, is owned by 28 federally-recognized tribes, Alaska Native Corporations and tribal organizations, according to the bank’s website. “Ho-Chunk, Inc. understands and appreciates NAB’s mission to assist Native American and Alaskan Native individuals, enterprises and governments to reach their goals by providing affordable and flexible banking and financial
services,” Morgan said. “This is the first and only bank to exclusively serve the financial needs of Indian country.” Some of the projects the bank has supported in recent years include $5.2 million for a recycling facility in Florida, $5.5 million for a new hotel in Montana, $1.7 million for a new general store in a remote Alaskan village and nearly $8 million for housing projects in South Dakota and North Carolina. “We have made a concerted effort to source projects that meet the bank’s mission while providing economic diversity and meaningful jobs,” Thomas Ogaard, president and CEO of Native American Bank and Native American Bancorporation, said in a statement. “The capital support provided by Ho-Chunk, Inc. is a valuable resource that allows us to continue these efforts, grow the bank and make a difference in the lives of the people we serve,” Ogaard said. Both Native American Bancorporation and NAB are certified Community Development Financial Institutions, whose purpose is to promote economic development in areas that are underserved by traditional financial institutions. Morgan said NAB’s mission and philosophy of complements Ho-Chunk’s mission to provide long-term economic self-sufficiency and job opportunities for the Winnebago Tribe. In addition to its Denver corporate offices, the bank has a retail branch in Browning, Mont. and a loan production office in Box Elder, Mont.
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Bank: Traces roots to Leon, Iowa FROM PAGE 12
residential and neighborhood under development just east of Whispering Creek Golf Course, on Old Highway 141. Great Western describes itself as a relationship-based bank that traces its roots to the small town of Leon, Iowa. “We have the benefit of having a small town bank feel, but we have a much larger scale for bigger customers who need that level,” Den Beste said. Great Western, headquartered in Sioux Falls, has 200 locations, about 1,500 employees and more than $9.1 billion in assets. In dollar volume, it’s the eighth-largest agribusiness lender in the United States, serving a territory that includes the farm states of Iowa, Nebraska, South Dakota, Arizona, Colorado, Kansas and Missouri. The bank’s similarly named holding company, Great Western Bankcorp Inc., recently
“We have the benefit of having a small town bank feel, but we have a much larger scale for bigger customers who need that level.” ED DEN BESTE
Market president of Great Western Bank transitioned from private ownership into a publicly traded company. The stock trades on the New York Stock Exchange under the ticker symbol GWB. National Australia Bank Ltd., which had owned Great Western since 2008, is still the majority shareholder but has said it will sell its remaining stock within two years. In Sioux City, Great Western has five employees. Den Beste, who has more than 35 years of banking and business
experience in Siouxland, said he is looking to add staff as the bank grows. An estimated 18,000 to 20,000 vehicles per day pass through the intersection at Sixth and Pierce Street, which also experiences heavy foot traffic. “This is a fantastic intersection,” Den Beste said. “It really is the heart of the financial district.” Great Western is the first occupant in the Davidson Building since the interior was gutted as part of local businessman Lew Weinberg’s plans to redevelop the six-story structure. Designed by famed architect William Steel, the Davidson was Sioux City’s first office building when it opened in 1913. Historical photos of the Davidson and an ornate Corn Palace that stood at the site of the Davidson from 1887 to 1891 are displayed in Great Western’s lobby.
Market president Ed Den Beste is shown in the lobby of Great Western Bank’s downtown Sioux City location. Tim Hynds, Sioux City Journal
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BusinessBriefs Sioux City family physician named Iowa educator of year
services director in the past. He currently is the medical director of Child Advocacy Center at Mercy Medical Center in Sioux SIOUX CITY | Dr. Michael City. He also serves on the Jung has been awarded the Woodbury County MultiEducator of the Year 2014 disciplinary Team of Child from the Abuse. Iowa AcadeAs the IAFP Educator of my of Family the Year, Jung will be Iowa’s Physicians nominee for the American (IAFP). Academy of Family PhysiJ u n g cians Exemplary Teaching has been Award, which will be anwith the nounced in 2015. S i o u x l a n d Jung Medical EFS advisors attend Education Foundation, national conference also known as the Family Medicine Center, since July SIOUX CITY | Don Hei1983 as a faculty physician lbuth and Marc Geels of working closely with fam- Sioux City ily medicine residents and a t t e n d e d medical students in ad- Se c u r i t i e s dition to having an active A m e r i c a ’s medical practice. He has M a n a g e d dedicated 31 years of teach- M o n e y ing family medicine and to Conference providing quality services to i n A m e l i a Geels his patients and their fami- Island, Fla., lies in Siouxland. Nov. 4-6. The foundation is affiliThe conated with the University of ference proIowa. vided ideas, Jung graduated from the techniques Foundation’s Family Medi- a n d t a c cine Residency program tics to help in 1983. He has served as a d v i s o r s the Family Medicine pro- learn more Heilbuth gram director and clinical a b o u t t h e
programs offered by the third-party money managers available through Securities America and expand their investment advisory services to clients. The Managed Money Conference is an annual event Securities America Advisors offers exclusively to its advisors by invitation only. Eighty Securities America advisors attended the conference. Heilbuth and Geels are registered representatives of Securities America and have been with the brokerdealer for more than eight years.
Advisor attends women’s summit SIOUX CITY | Gail Bivens-Rose, senior vice president and financial advisor with The Stuck Laym a n Ro s e Group in Baird’s Sioux City office, Bivens-Rose recently attended Barron’s Top Women Advisors Summit, a premier wealth management conference designed to promote best practices and
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generate new ideas among the nation’s top women financial advisors. Attendees at the invitation-only conference, held Dec. 3-5 in Palm Beach, Fla., explored current issues from meeting the planning needs of high-net-worth clients throughout a variety of life stages, to business development and investment ideas.
Hamburger leads Mercy medical staff SIOUX CITY | Dr. Kevin Hamburger, a long-time community physician practicing as an obstetrician and gynecologist with Siouxland Wo m e n ’s Health Care, has become t h e n e w Hamburger president of the medical staff at Mercy Medical Center—Sioux City. Hamburger succeeds Dr. Leah Johnson, who has held the leadership post on Mercy’s medical staff for the past two years. Dr. Steven Joyce, an internist and pediatrician, practicing with Mercy
Internal Medicine & Pediatrics clinic at Mercy Medical Center, will serve as president—elect for Mercy’s medical staff. Dr. William Andrews, a neurologist at the Center for Neurosciences, Orthopaedics & Spine, PC in Dakota Dunes, will hold the post of secretary—treasurer on the medical staff executive committee. In addition to Hamburger, Joyce and Andrews, other at-large members of the Mercy medical staff executive committee include Dr. Quinn Saigh, a pathologist with Siouxland Pathology Associates, P.C.; Dr. Craig Block, a urologist at Siouxland Urology Associates of Dakota Dunes; Dr. Michael Espiritu, an orthopaedic surgeon at the Center for Neurosciences, Orthopaedics & Spine, PC; and Dr. Daniel Lamptey, an Infectious Disease physician practicing at Mercy Medical Center. Comprising the remainder of the Medical Executive Committee are the Committee Chairmen for the 2015-2016 Medical Staff Year: Emergency Medicine: Dr. Joseph Liewer; Family Medicine: Dr. Elizabeth McInerney; OB/GYN: Dr.
Kathleen LaFavor; Pathology: Dr. Askar Qalbani; Pediatrics: Dr. Patrick Beck; Psychiatry: Dr. Rodney Dean; Radiology: Dr. Marwan Jarmakani; Surgery/Anesthesia: Dr. Craig Nemechek; and Trauma/Critical Care: Dr. Larry Volz.
Boys Club of Sioux City re-elects officers SIOUX CITY | The Boys Club of Sioux City re-elected officers and appointed a new board member to the Executive Committee at its 46th annual meeting on Jan. 21. President Jim Palmer, Vice President Beau Braunger, Treasurer Larry Countryman and Secretary Jack Ehrich were elected to the Executive Committee. Other board members include: John Olson, past president & Funding, Finance & Facilities Chair; Melvin Williams, Safety Chair; Mark Stuck, Operating Finance Chair; Terry Murrell, Program Chair; Jenn Pavone, Marketing Chair; Scott Gerkin, Governance Chair; Ed Den Beste, at large; Eric Hoak,
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OnTheMove Two promoted at Security National SIOUX CITY | D. Douglas Rice, president of Security National Bank announced two promotions following t h e re g u larly scheduled January meeting of the bank’s board of directors. Darren Tooley was Tooley promoted to vice president ag loan services. Tooley joined the bank in May 2012 as an ag loan officer. He Limgoes came to Security with 13 years of previous banking experience as a manager and lender. He graduated from Dana College in 1996 with a BA in accounting, finance and management. Tooley and his family live in Sergeant Bluff, Iowa where he is a member of the city’s Volunteer Fire and Rescue Department as an EMT and Firefighter II. He serves as a
Briefs:
licensed basketball, football and baseball official for area high schools. Tooley is also a board member of the Woodbury County Fair. Tom Limoges was named trust investment officer in the Wealth Management Division. Limoges began his career with Security as an intern in October 2002 while attending Morningside College. Upon graduation in May 2003, Limoges began fulltime as a securities analyst in the bank’s wealth management area. In June 2009, he was promoted to equity manager. In his current role, Limoges is responsible for developing investment strategies for the Wealth Management Division and its customers. Limoges currently serves as a board member for The Center for Siouxland, treasurer for Woodbury County Pheasants Forever and Board member for Ducks Unlimited.
University. In his new position, Eben is responsible for Briar Cliff’s strategic enrollment plan for all programs, including undergraduate, continuing education and graduate. Eben began his career at Briar Cliff as an admissions counselor in 2001 and since then h a s p r o - Eben g re s s i ve l y advanced his roles within enrollment management. Most recently, he served as the director of financial aid. In his spare time, Eben has served as a committee chair for both the Iowa Association of Student Financial Aid Administrators and the Iowa Association for College Admissions Counselors. Previously he served as the men’s golf coach at Briar Cliff University and remains active in supporting the inBriar Cliff names VP of stitution’s extra-curricular efforts. Eben holds a bachenrollment elor of science in biology and SIOUX CITY | Brian a master of arts in manageEben has been promoted to ment, both from Briar Cliff. vice president of enrollment management for Briar Cliff MOVE, PAGE 19
2014 Janet M. Wee Award to Dr. Douglas Martin of Sioux City. The ceremony took place at the IAFP’s annual Awards & Installation Banquet, Nov. 14, at the Downtown Des Moines Marriott. The award, named for Martin the IAFP’s Iowa group honors long-time executive vice Sioux City doctor president, Janet Wee, was SIOUX CITY | The Iowa created in 2004 to honor a Academy of Family Physi- physician who has made an cians recently awarded the outstanding contribution to FROM PAGE 16 at large; Gary Niles, Bill Feiges, Colin Jensen, Cy Chesterman, Jr., Dan Lewis, David Shellhammer, Glenn Strickholm, Greg Hoffman, Keith Howard, Larry Crabb, Linda Kalin, Michael Ratkiewicz, Randy Kramer, Susan Unger, Joe Durham, Brian Miller and Tom Betz.
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RibbonCuttings
Photos courtesy of the Siouxland Chamber of Commerce
DOXX Warehouse Bar manager Alethea Gabel and owners Paulie and Laurie Anderson cut the ribbon Jan. 30 to celebrate becoming a Siouxland Chamber member. After the ceremony, the band Back Track performed, with drummer Sam Wagner, a Chamber employee.
As staff members look on, Beth Phillips, public relations and marketing manager for the LifeServe Blood Center, cuts the ribbon Jan. 22 to celebrate the blood center’s relocation to the Southern Square Shopping Center. The blood center relies on donations from donors to maintain an adequate blood supply for the community.
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ChamberAnniversaries The following are observing anniversaries as Siouxland Chamber of Commerce investors.
5 years
LucIano’s/BaDDa-BIng Ray & Kathleen Hoffmann 1019-1021 4th St. Sioux City, IA 51101-1806 mIDwest DesIgn grouP Inc. Karl J Van Cura 20 38th St. Sioux City, IA 51104-0026 Van meter 15 years InDustrIaL Inc. BuckmeIer & Daane Lawyers Pc Matt Young James Daane 901 Cunningham Drive 701 Pierce St., Ste 301 Sioux City, IA 51106-5806 Sioux City, IA 51102-5078 20 years Four seasons HeaLtH cLuB Downtown Partners sIoux cIty Jim Baldwin Ragen Cote 1600 7th St. 418 Pierce St. Sioux City, IA 51101-2016 Sioux City, IA 51101-1414 Hanger exact eye care Wally Kuntz CP Steve Conley 2421 Pierce St. 431 Pierce St. Sioux City, IA 51104-3723 Sioux City, IA 51102-3267 IsagenIx Bev Lessman 2505 S Lyons St Sioux City, IA 51106-3942 Pro-LInk reaLty Kyle Kelly 306 Virginia St., Ste A Sioux City, IA 51101-1813
neLson engIneerIng James Nelson PE 2610 Dakota Ave. South Sioux City, NE 687760086 sIouxLanD women’s HeaLtH care Julie Barto 1000 Jackson St. Sioux City, IA 51105-1493
30 years
macerIcH management co Inc. William C. Haase Southern Hills Mall Sioux City, IA 51106-4792
110 years
mIDamerIcan energy comPany Mark Reinders 401 Douglas St. Sioux City, IA 51102-0778 mornIngsIDe coLLege John C. Reynders 1501 Morningside Ave. Sioux City, IA 51106-1751
OnTheMove From Page 17
sioux city bank names mortage originator SIOUX CITY | Mark Roos has been named as mortgage loan origin a to r fo r Northwest Bank in Sioux City. Roos spe- Roos cializes in assisting individuals with their home mortgage financing or refinancing needs. A graduate of Northwest Iowa Community College in Sheldon, Roos has more than 14 years of mortgage lending experience. Prior to joining Northwest Bank,
he was employed at Guaranteed Rate in Sioux City as a mortgage banker. Roos and his wife, JoAnn, live in Sioux City and have three children.
Japanese exchange teacher named SIOUX CITY | Kimberly Fulfs, a 2000 Morningside College graduate from Plattsmouth, Neb., has been hired as an exchange teacher in Yamanashi City, Japan, beginning in March. Yamanashi City is the Japanese sister city of Sioux City. Fulfs’ responsibilities with the Yamanashi City public schools will include assisting with English language instruction at a junior high school and assisting with English oral communication
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at primary/elementary schools. Fulfs also will be involved with seminars for English language teachers and local international exchange activities. Fulfs, a native of Council Bluffs, Iowa, graduated from Morningside with a bachelor’s degree in business administration and a minor in French. M o s t re c e n t l y, s h e worked as an English teacher and leader for a summer camp program near Prague in the Czech Republic. She also worked at the Little Mole International Preschool of Prague. Morningside College and the Sioux City Community School District cooperated with Yamanashi City public schools to hire someone for the exchange teacher position.
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“Our experience with Great Western Bank, in a word…GREAT!”
From left: Alex Rodawig
Andy Rodawig
Doug Boden
Josh Sherer
Kevin Kelly
Ed Den Beste
Great Western Bank … Helping Make Your Business Great When Aalfs Manufacturing was searching for a new banking partner, they found Great Western Bank. Aalfs is a family-owned business with a long tradition of excellence in clothing manufacturing since 1892 in Sioux City! “Our experience in transitioning to Great Western Bank was more than good — it was great! They had the scale and lending capacity we needed for our growing family-owned company and the high-tech cash management and other sophisticated electronic banking services. But most important was their high-touch personal service! They listened to our banking needs and they promptly delivered on everything they promised. With our international operations they were able to quickly bring to bear all of the resources we needed to continue to grow our company. Our experience with Great Western Bank, in a word…GREAT!” — Alex Rodawig, Managing Partner, Aalfs Manufacturing, Sioux City, Iowa
Ed Den Beste 712-522-4432 ed.denbeste@greatwesternbank.com
Brandon Krotz 712-522-4433 brandon.krotz@greatwesternbank.com
Great Western Bank is a new bank in town, but with long-time Sioux City Bankers you know and trust. ©2014, Great Western Bank
600 Pierce Street • Downtown Sioux City GreatWesternBank.com
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RibbonCuttings
Photos courtesy of the Siouxland Chamber of Commerce
Siouxland Business Journal, March 2015
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Branstad: Backs anti-bullying bill FROM PAGE 8
to continue to be success- Durham, who leads the Iowa Poison Control Cen- ful,” McGowan said. state’s economic developter, and if he believes antiOn economic develop- ment board. Business Journal editor bullying legislation will ment, Branstad lauded the pass this year after coming work of former Siouxland Dave Dreeszen contributed to this story. close but reaching an im- Chamber President Debi passe last year. The Sioux City school district has been a statewide leader with its antibullying programs. “I’m pretty optimistic about it,” Branstad said of anti-bullying legislation. “I think this is the year.” The group also met with top state lawmakers, got a briefing from Branstad’s state budget director and heard from John Stineman, executive director of the Iowa Chamber Alliance. Siouxland President Chris McGowan said the Siouxland group’s top priPoppin’ Bottles n’ Brushes owners Sarah Petersen and Jennifer Bower cut the ribbon Jan. 28 as their “crew” looks on. The small business held a paint party at Doxx Warehouse Bar to orities include transporta350 sq. ft. to 10,000 sq. ft. celebrate becoming a Siouxland Chamber member. tion funding, economic and workforce development, and tax issues. “A big priority for all of us right now is workforce development, making sure that our businesses which FROM PAGE 10 operations, telephone in- easily adjust from sitting are growing and expandteractions, and adminis- to standing throughout the ing have access to the trained labor they require The Center for Disease trative duties. workday Control and Prevention The Take-a-Stand Proj4. 100 percent reported 600 Stevens Port Drive, Suite 150 (CDC) decided to study ect results were transfor- feeling better from being Dakota Dunes, SD 57049 the effectiveness of offer- mational, and project con- allowed to choose between ing sit-to-stand worksta- cluded that an individual sitting and standing daily! 605-217-6000 tions by reducing the daily may achieve these results 5. 54 percent felt reduced sitting time and improvby standing for only upper back, neck, and one additional hour shoulder stiffness and pain ing worker health and well-being in the daily (or in four inDon’t sit if you can 2011 “Take-a-Standcrements of 15 min- stand, don’t stand if you Project”. utes): can walk, and if you can do They conduct1. 87 percent felt something manually and ed this study more energized safely don’t use a machine. over seven and comThe more we can actively f o r t a b l e use our bodies the healthweeks with at work ier and more vital we will 3 4 2. 75 be. subp e r Erik Nieuwenhuis is a cent felt WorkSmart Ergonomics jects, REFRIGERATION EQUIPMENT, h ea l t h i e r Injury Prevention using inPARTS, INSTALLATION, Specialist and Wellness tervention and overall SERVICE Consultant for control groups 3. 71 percent UnityPoint Health-St. f ro m M i n n e fe l t m o re fo Luke’s. Contact him at: apolis, M incused and 66 24 Hour Emergency Service (712)255-8722 712-279-1842 or erik. nesota among percent felt employees more productive nieuwenhuis@unitypoint. org with computer by being able to 425 Perry Street, Sioux City, IA
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RibbonCuttings
Photos courtesy of the Siouxland Chamber of Commerce
Chamber Investors
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Therapy Station, PC owners Tabitha and Keith Reuter and their staff cut the ceremonial ribbon on Jan. 20. The company offers Iowa’s first Fun Factory Sensory Gym. The 2,500-square-foot gym allows children to enjoy a colorful assortment of therapy swings, monkey bars, a ball pit, slides and a rock wall in a kid-friendly, safe environment.
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RibbonCuttings
Photos courtesy of the Siouxland Chamber of Commerce
Officials with QPS Employment Group cut the ribbon on Feb. 11 during an open house for the staffing and recruiting agency’s new Sioux City office at 4700 Gordon Drive. Pictured from left: Laura Rasmussen, Gabe Gulick, Tricia Winninger and branch manager, Morgan Martells. The office is accepting job seeker applications and employer inquiries.
Perry Creek Laundromat owners Annette and Jeff Freking and their sons, Hunter Freking, and Gabe and Christian Ruhland, cut the ribbon Feb. 4 for the laundromat, which opened just a block off Hamilton Boulevard on West 19th Street. The laundromat offers a clean, safe environment with free, high speed internet, large high-efficiency washers and dryers, and wash and fold drop off service for commercial or residential customers.
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When it comes to helping local businesses like Palmer Candy Company grow and prosper, Security National Bank is “all business”. Whether it’s helping a successful local business or helping new ones get started, SNB has the financial strength and expertise to help local businesses prosper. • Commercial Deposit Services • Commercial Lending Services • Merchant Credit Card Program • Cash Management Services • Business Internet Banking Security National has money to lend and the willingness to get things done. Give us a call at 712-277-6513.
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