Earlier this week the Home Federal Savings Bank branch in Toledo was sold to Pinnacle Bank. President David Burrell of Pinnacle Bank explains: “It is really a great thing for everyone involved. Home Federal Savings Bank needed capital, and Pinnacle Bank has been positioning for expansion specifically into Tama County, so it really made sense.” [...]
Storm Update: Straight-line wind storm survivors share practical wisdom on insurance policies and rebuilding after a natural disaster, Oct 25
By the time President Obama signed the major disaster declaration for Tama County, Iowa (6 weeks after of the July 11, 2011 straight-line wind storm hit) insurance companies had already paid out a record $6+ million into our local economy. Now, three months later, many stakeholders continue to work on ways to rebuild better, stronger [...]
EDIES 2011 Update: Forget that magic bullet. Show me the face of sustainable economic development in the real world
Every year Tama County Economic Development features 24 richly diverse businesses, nonprofits, local government agencies, workers, and residents who have come up with innovative ways to add value to the economy. We do this not only to celebrate our local culture of innovation that adds value and grows the economy, but also to increase exposure [...]
Green Update: Traer Municipal Utilities breaks ground in clean tech energy solutions
In spite of the fact that Iowa has the lowest overall business utility rates, taxes, real estate costs, and wages in the nation (1), local leaders in Traer, Iowa continue to look out for our best possible, probable and preferred future economic landscape. They recognize the opportunity of leveraging assets already in place since the state [...]
Workforce Update: Who are we creating jobs for in Tama County?
Even with Tama County Iowa’s 6.2% unemployment standing in sharp contrast to the national 9.1% unemployment, most people seem to be in agreement that job creation is a key objective in our current local economy. But what may not get as much attention is the next logical question: who are we creating jobs for? On [...]
Global Update: Where in the world does Tama County, Iowa stand on international relations?
“After I graduated from school in Tama, I left my hometown and ultimately went to work for a big international corporation. As a youngster I did not realize how lucky I was to learn emerged in Tama County’s rich diversity with classmates from Meskwaki, immigrant kids from Mexico etc. Now I know it gave me [...]
Historic Preservation Update: Historians from all over the state spending more time in Tama County, Iowa
This weekend thousands of people traveled to Tama County, Iowa to experience a friendship tradition that is almost 100 years old: The Meskwaki Powwow. But Tama County is just getting warmed up for the upcoming list of historic preservation events to follow over the next few weeks. Tama County Historic Preservation will also be extending a [...]
Entrepreneurship Update: Second chance this year to win a $5,000 grant (and more) to grow your business
During the first half of 2011, Tama County businesses got an opportunity to compete for a $5,000 grant through the Dream Big Grow Here Cedar Valley competition. Three of our businesses successfully qualified and shared their dream for how they envision growing with access to additional capital. And though a business from another county won [...]
Storm Update: Governor Branstad makes commitment to Tama County and request of President Obama to do the same
Three weeks after the storm, Tama County continues to work on finding healthy long-term solutions to the change in the economic and physical landscape brought on by the July 11, 2011 Derecho storm. We appreciate Governor Branstad’s request of President Obama to declare Tama County in addition to Story, Marshall and Benton Counties a federal [...]
Storm Update: How are business opportunities and our job market impacted by the 7/11/11 Derecho
Tama County, Iowa has been holding strong on a $13.42 average hourly wage through the recession, and rebounded to a 6.1% unemployment before the straight-line storm hit. Though this is very comparable to the State’s 6.0% unemployment, (and extremely favorable compared to the national 9.1% unemployment) wages are still significantly lower in Tama County than [...]


