Search Results for: Community Bank

Climate First Bank Initiates Next Phase of Growth with Capital Raise Season
Banking News

Climate First Bank Initiates Next Phase of Growth with Capital Raise Season

GlobeNewswire
by GlobeNewswire0
These plans come after the company announced reaching over $540 million in assets in its 2024 Annual Shareholder Letter and more recently exceeding $600 million in assets. Climate First Bank, the world’s first FDIC-insured community bank founded to combat the climate crisis, announces, through its holding company Climate First Bancorp,......
Hello Alice Announces Series C Funding Round and Expands Community to 1.5 Million Small Businesses
Fintech News

Hello Alice Announces Series C Funding Round and Expands Community to 1.5 Million Small Businesses

PR Newswire
by PR Newswire0
This new funding will continue to fuel Hello Alice’s expansion of its capital offerings and AI-driven financial health tools for small businesses. Hello Alice, the fintech platform connecting 1.5 million small businesses to capital, connections and opportunities, announced the close of a Series C funding round with QED Investors, as......
Cape Cod 5 and Fidelity Bank Formalize Strategic Partnership Under Mutual Bancorp
Banking News

Cape Cod 5 and Fidelity Bank Formalize Strategic Partnership Under Mutual Bancorp

PR Newswire
by PR Newswire0
Both banks will continue to operate independently under their respective brands within their respective communities while benefiting from strategic and operational efficiencies, pooled resources, and additional services to offer their respective clients. Mutual Bancorp, the parent company of Cape Cod 5 headquartered in Hyannis, MA, announced that it has officially completed the planned......
Kruze Consulting Shared New Data on How Startups Have Changed Banking Strategy
Banking News

New Data from Kruze Consulting Reveals Significant Changes in Startup Banking Market One Year Since SVB Collapse

PR Newswire
by PR Newswire0
Before the crisis, close to 60% of startups had an account with SVB and SVB held 50% of all startup cash. Now, less than 20% of startups’ cash is collectively with SVB, and no single bank holds half of the startup ecosystem’s cash. Kruze Consulting, the startup accounting and CFO......
Cadence Bank Announces Simplified Organizational Structure and Expanded Roles for Key Executives
Banking News

Cadence Bank Announces Simplified Organizational Structure and Expanded Roles for Key Executives

PR Newswire
by PR Newswire0
The new management structure streamlines the organization and eliminates management layers to expedite decision-making, enhance accountability, and further a laser-focused approach to client relationships. Cadence Bank announced changes to its organizational structure, as well as new and increased responsibilities for several key executives, that will build on the company’s success,......
Retail-Bank-Customer-Satisfaction-Holds-Steady-but-Trust-Declines,-J.D.-Power-Finds
Banking Fintech News

Retail Bank Customer Satisfaction Holds Steady but Trust Declines, J.D. Power Finds

Business Wire
by Business Wire0
This year, 13% of bank customers say they are likely to switch institutions in the next 12 months. U.S. retail bank customers are losing faith in their bank, and customer attrition is a concern. According to the J.D. Power 2024 U.S. Retail Banking Satisfaction StudySM, released today, consumer trust in......
Federal-Home-Loan-Bank-of-Dallas-and-Wells-Fargo-Bank-Award-$750K-to-CC-Housing-for-Senior-Affordable-Housing-Development
Banking Finance News

Federal Home Loan Bank of Dallas and Wells Fargo Bank Award $750K to CC Housing for Senior Affordable Housing Development

Business Wire
by Business Wire0
FHLB Dallas awarded a $750,000 Affordable Housing Program (AHP) grant through member Wells Fargo to CC Housing to assist with construction. Representatives from the Federal Home Loan Bank of Dallas (FHLB Dallas) and Rio Rancho, New Mexico, dignitaries joined CC Housing, a subsidiary of Catholic Charities last week for the......
First Resource Bank Announces Lending Department Leadership Changes
Banking Lending News

First Resource Bank Announces Lending Department Leadership Changes

PR Newswire
by PR Newswire0
First Resource Bancorp, the holding company for First Resource Bank, announced the promotion of Lee Herzer to Executive Vice President & Chief Lending Officer, effective April 1, 2024. Herzer brings 20 years of extensive experience in the banking industry and has been an integral part of the First Resource Bank team since 2017.......
Central Bank Boosts Financial Wellness for Customers Through Personetics' AI-powered Platform
Banking News

Central Bank Boosts Financial Wellness for Customers Through Personetics’ AI-powered Platform

PR Newswire
by PR Newswire0
Midwest U.S. regional bank bringing money management platform with hyper-personalized insights, advice and smart savings to retail customers Central Bank, a progressive $20 billion regional bank headquartered in Jefferson City, Missouri, is elevating financial wellness for its consumer franchise by implementing Personetics’ financial data-driven engagement platform. The AI-driven solutions infuse Central Bank’s digital......
American National Bank of Texas and Good Urban Development Work to Support Homebuyer Education and Affordable Housing in Southeast Dallas’ Mill City
Banking Fintech

American National Bank of Texas and Good Urban Development Work to Support Homebuyer Education and Affordable Housing in Southeast Dallas’ Mill City

Business Wire
by Business Wire0
Together, they will host two free homebuyer education seminars on March 28 and April 9 Epic River, a lending-as-a-service platform provider that aims to provide a good customer experience to every community bank and credit union in the country, announced its integration with Finastra’s LaserPro loan documentation system. The partnership......
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