Principal Bank
Des Moines, IA 50392 (Map) Phone: 515-248-0555
Toll Free: 800-986-3343
http://www.principal.com/bank
Overview
The banking arm of investment manager Principal Financial Group, Principal Bank provides a range of services to retail customers, most of whom are also customers of its parent company (aka The Principal). Deposit products include traditional checking and savings accounts, CDs, and IRAs, as well as money market and health savings accounts. Its lending activities entail home equity and consumer loans. The bank also issues credit and debit cards and sells insurance. Principal Bank has no branches, but is accessible via the Internet, ATM, and mail, or by phone with a personal banker. Formed by The Principal in 1998, the bank has more than 190,000 customers.
Key Numbers from Hoover's UK
Key financials for Principal Bank
| Company Type | Subsidiary of Principal Financial |
|---|---|
| Fiscal Year-End | December |
| 2007 Sales (mil.) | £53.9 |
| 1-Year Sales Growth | 44.2% |
| 2007 Net Income (mil.) | £6.5 |
| 1-Year Net Income Growth | 47.7% |
| 2007 Employees | 147 |
| 1-Year Employee Growth | 4.3% |
Key People from Hoover's UK
Key people and executives for Principal Bank
| Chairman | Barrie G. Christman (Subscribers see complete biographies -- view sample)
Connect to this executive |
|---|---|
| President and CEO | Arthur (Art) Bacci Connect to this executive |
| VP and CFO | Ann Shelton Connect to this executive |
Top Competitors from Hoover's UK
Top competitors of Principal Bank
There are 7 competitors for Principal Bank; see more.Industry Information from Hoover's UK
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Hoover's Industries
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Banking
- Online Banking(primary)
