About Us

General Department Information

The Commerce Department is governed by Iowa Code Chapter 546 and Iowa Administrative Rules Section 181. The Commerce Department administers and coordinates the various regulatory, service, and licensing functions of the state relating to the conducting of business or commerce in the state. The department consists of the following divisions:

  • Banking
    • Professional Licensing Bureau
  • Credit union
  • Utilities
  • Insurance
  • Alcoholic beverages

The Department of Commerce is an umbrella agency, which means each division operates under its own powers. The department does not have an allocated budget, each agency is allocated funds separately.

Open record requests, policy questions or concerns, and complaints should be made to each individual agency within the department. A division head serves as the department director. The director is appointed by and serves at the pleasure of the governor.

Director Katie Averill

Department Director, Katie Averill

The current commerce director is Katie Averill, Superintendent of Credit Unions. Ms. Averill was appointed by Governor Kim Reynolds to serve in this role in May of 2017. Previously she held the position of Senior Vice President of Citizens Community Credit Union in Fort Dodge where she was employed for nearly ten years.

Ms. Averill is a Certified Credit Union Executive and a graduate of CUNA Management School. She also has a Bachelor of Business Administration degree from Iowa State University.