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Waterloo Times

Wednesday, September 10, 2025

How many H-1B petitions made by employers classified under the Finance and Insurance industry were approved in Waterloo Times publication area during 2024?

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Jennifer B. Higgins, Deputy Director, U.S. Citizenship and Immigration Services | https://medium.com/the-u-s-digital-service/meet-the-dhs-digital-service-champions-may-2018-caee7dade2b

Jennifer B. Higgins, Deputy Director, U.S. Citizenship and Immigration Services | https://medium.com/the-u-s-digital-service/meet-the-dhs-digital-service-champions-may-2018-caee7dade2b

In 2024, all H-1B petitions submitted by employers classified under the Finance and Insurance industry located across Waterloo Times publication area were approved, according to data provided by U.S. Citizenship and Immigration Services via the H-1B Employer Data Hub.

This represents an approval rate of 100%, which is higher than the average in Iowa across all industries.

That year, the statewide average approval rate for H-1B petitions stood at 98.1%, slightly higher than 2023's 97.3%. Across the publication area, employers across all industries submitted 29 petitions during the same period, with an approval rate of 100%.

For comparison, the U.S. reported an average approval rate of 98% in 2024.

Employers are classified under industries based on their reported operations and may be involved in multiple industries.

The H-1B visa program allows U.S. employers to temporarily hire foreign workers in specialty occupations requiring specialized knowledge and at least a bachelor’s degree or equivalent. It is designed to address skill gaps in the U.S. workforce while ensuring wage standards to protect both U.S. and H-1B workers. Employers must certify that they will pay H-1B workers wages equal to or greater than those of similarly qualified U.S. employees or the prevailing local wage. 

The Health Care and Social Assistance industry led the H-1B filings in Waterloo Times publication area during 2024, with 11 petitions (37.9% of all submissions), and an approval rate of 100%. Meanwhile, the Arts, Entertainment, and Recreation industry was the second largest contributor, filing seven petitions (24.1% of the total), with an approval rate of 100%.

Compared to 2023, the Finance and Insurance sector saw an increase in the number of H-1B petitions across Waterloo Times publication area during 2024.

The United States admits around 1 million legal immigrants annually, most of whom receive permanent residence (green cards) through family sponsorship or employment-based visas. In 2023, about 1.2 million immigrants were granted green cards, a return to pre-pandemic levels. Temporary visa programs, such as the H-1B for highly skilled workers and H-2A for seasonal agricultural workers, also play a critical role in filling workforce needs.

Public opinion on immigration varies, with 46% of Americans favoring maintaining current legal immigration levels, according to a 2024 Pew Research Center survey. Additionally, 42% believe that highly skilled workers, such as scientists, doctors, and programmers, should be prioritized for legal immigration, compared to 25% who prioritize workers filling labor shortages and 19% who emphasize family sponsorship. Despite this, family sponsorship remains the most common path to permanent residency, accounting for 63% of green cards issued in 2023.

The data in this article comes from the H-1B Employer Data Hub provided by the U.S. Citizenship and Immigration Services (USCIS). While USCIS strives for accuracy, manual data entry and errors on paper forms submitted by applicants or petitioners may result in discrepancies in employer names, tax IDs, locations, or other details.

H-1B Petitions by Industry in Waterloo Times Publication Area, 2024
RankIndustryTotal Petitions% of All Submissions% Approved% Denied
1Health Care and Social Assistance1137.9%100%0%
2Arts, Entertainment, and Recreation724.1%100%0%
3Finance and Insurance310.3%100%0%
3Professional, Scientific, and Technical Services310.3%100%0%
5Utilities26.9%100%0%
5Other Services (except Public Administration)26.9%100%0%
7Public Administration13.4%100%0%
Employer H-1B Petitions in Waterloo Times Publication Area During 2024
Company NameIndustriesTotal Petitions% Approved% Denied
Covenant Medical Center D B a, Inc.Finance and Insurance, Health Care and Social Assistance9100%0%
Sciplay Games, LLCArts, Entertainment, and Recreation7100%0%
Agencybloc, LLCFinance and Insurance, Professional, Scientific, and Technical Services3100%0%
Cedar Valley Medical Specialists, P CHealth Care and Social Assistance3100%0%
Cedar Falls UtilitiesUtilities2100%0%
Distek Integration, Inc.Professional, Scientific, and Technical Services2100%0%
VGM Group, Inc.Other Services (except Public Administration)2100%0%
City of Cedar FallsPublic Administration1100%0%

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