TAMPA, Fla.--(BUSINESS WIRE)--INVEST Financial Corporation (INVEST), a full-service broker-dealer specializing in developing innovative financial solutions for advisors and their clients, today announced it will provide brokerage and investment services for First National Bank in Howell, Michigan and to Iowa State Bank in Des Moines.
First National Bank in Howell has $290 million in deposits and nine branches across Michigan; Iowa State Bank has $292 million in deposits and five branches in Des Moines and the surrounding areas.
Steve Dowden, president and chief executive officer of INVEST, said he’s pleased to welcome two new banks to the firm. “For more than three decades, INVEST has supported financial institutions with customized practice management support and innovative technology platforms to meet the evolving needs of wealth managers. I look forward to building a lasting relationship with both organizations.”
INVEST is a subsidiary of National Planning Holdings® (NPH®), one of the largest independent broker-dealer networks in the industry. INVEST currently supports more than 120 banks and credit unions and more than 1,100 representatives nationwide. For more than 30 years, INVEST has served as an industry leader in providing brokerage services for financial institutions. The firm is based out of Tampa, FL.
Financial institutions interested in learning more about INVEST can contact the firm’s Business Development Team at (800) 245-4732, option 2, or visit https://www.investfinancial.com/public/joininvest/direct.html.
About INVEST Financial Corporation
INVEST Financial Corporation (www.investfinancial.com), a subsidiary of the National Planning Holdings, Inc.® (NPH®) independent broker-dealer network, is a full-service broker-dealer based in Tampa, Fla. NPH is an affiliate of Jackson National Life Insurance Company® (Jackson®, www.jackson.com), a leading provider of retirement solutions.
About First National Bank
Today, as the only bank headquartered in Livingston County, Michigan, First National takes great pride as a key corporate citizen. From Brighton to Howell, Fowlerville to Whitmore Lake and Hamburg to Hartland, First National puts the power of local banking in your hands. Day to day, First National does much more than cash checks, take in deposits, issue ATM cards and make car loans. We reinvest your dollars wisely in your community. Your money helps businesses take off and grow and helps people like you buy a new home, send a child to college or live life according to your plan. No other area bank can make this claim: nine out of 10 loans are made here in Livingston County.
About Iowa State Bank
Iowa State Bank is proud to have called Des Moines home for over 70 years. Our mission is to serve customers, prosper, have fun and remain an independent bank. We are confident you will find that Iowa State Bank is able to provide the perfect mix of convenience banking and traditional services.
INVEST Financial Corporation, member FINRA, SIPC, a Registered Broker-Dealer and Registered Investment Advisor, and its affiliated insurance agencies offer securities, advisory services, and certain insurance products. Products are: Not FDIC or NCUA insured; Not deposits of, obligations of, or guaranteed by any bank or credit union; Subject to investment risk, including the possible loss of principal amount invested.
INVEST, First Bank of Howell and Iowa State Bank are all independent entities.