The Elbert Files: Waukeeâs âSunshine Bankâ Installing solar panels on the roof of Peoples Bank in Waukee made sense.
“The panels are environmentally friendly,” said John Rigler II, the bank’s chairman and chief executive officer, and they supply affordable power for electric vehicle charging stations for customers.
But, he added, “being environmentally friendly only goes so far. You still need a strong financial reason.”
That’s what the bank’s solar energy investment penciled out at, once federal and state tax credits are included, said Rigler’s son, John Rigler III, president and chief operating officer of the $400 million family-owned bank.