Search Results for: Paycheck Protection Program (

The Bancorp Named a Top 50 Community Bank in 2021 by S&P Global Market Intelligence
Banking News

The Bancorp Named a Top 50 Community Bank in 2021 by S&P Global Market Intelligence

Fintech News Desk
by Fintech News Desk0
The Bank was ranked #31 best-performing community bank between $3 and $10B in assets The Bancorp Bank, a wholly owned subsidiary of The Bancorp Inc., is pleased to announce it has been listed as one of the 50 best-performing community banks with assets between $3B and $10B. Based on its......
Revenues, Profits of Companies Owned by Women Decreased During 2021: Biz2Credit Women-Owned Business Study
Fintech News

Revenues, Profits of Companies Owned by Women Decreased During 2021: Biz2Credit Women-Owned Business Study

Fintech News Desk
by Fintech News Desk0
Analysis of 100,000 Firms Finds Pandemic Revenues and Profits Fell Last Year The annual Biz2Credit Women-Owned Business Study found that profits for female business-owners dropped 26% in 2021 from 2020, while average annual revenues dipped 4%. Additionally, the study found that operating expenses increased, the primary reason profits fell in......
Capital Bank Drives Clean Energy Initiatives with Montgomery County Green Bank Partnership
Banking News

Capital Bank Drives Clean Energy Initiatives with Montgomery County Green Bank Partnership

Fintech News Desk
by Fintech News Desk0
Capital Bank, N.A. has a long tradition of supporting the community in Montgomery County, Maryland. Its partnership with Montgomery County Green Bank is no exception. Today, Capital Bank announced a new relationship with Montgomery County Green Bank, a publicly-chartered nonprofit dedicated to driving clean energy for business owners in the region......
John Marshall Bank Launches Fourth Fintech Lending Solution Partnership
Fintech News

John Marshall Bank Launches Fourth Fintech Lending Solution Partnership

Fintech News Desk
by Fintech News Desk0
Committed to offering best-in-class business banking services, John Marshall Bank (JMB) announced it has entered into a definitive agreement with an innovative new Small Business Administration (SBA) 7(a) loan processing platform, LendUX from Reliant Business Valuation. Latest Fintech Insights: Cadence Bank Increases Interchange Revenue With Data Insights From MX This technology will enable......
GBank Financial Holdings Inc. Announces Quarterly Operating Earnings
Banking Fintech News

GBank Financial Holdings Inc. Announces Quarterly Operating Earnings

Fintech News Desk
by Fintech News Desk0
GBank Financial Holdings Inc. (“GBank” or the “Company”) , the parent company for Bank of George (the “Bank”), reported year-to-date earnings of $11 million, or $0.85 per diluted share. This represents a year-over-year increase of 57% compared to $7 million or $0.56 per diluted share for the year-to-date period ending December 31, 2020. Earnings for the fourth quarter increased......
MainStreet Bancshares, Inc. Reports Another Record Year
Banking Fintech News

MainStreet Bancshares, Inc. Reports Another Record Year

Fintech News Desk
by Fintech News Desk0
Bank Nets $22.2 Million and Improves Net Interest Margin MainStreet Bancshares, Inc. , the holding company for MainStreet Bank, reported record net income of $22.2 million for 2021.  Year-end results represent: 12.38% return on average equity 1.32% return on average assets $2.65 per share of common stock (basic and diluted) $20.94 per common......
Eric Feldstein named M&T Bank Western New York Regional President
Banking Fintech News

Eric Feldstein named M&T Bank Western New York Regional President

Fintech News Desk
by Fintech News Desk0
Current regional president Shelley Drake set to retire in March Eric Feldstein has been named M&T Bank Regional President of Western New York – the company’s headquarter market and where it was founded 165 years ago – in addition to his role as Head of Business Banking, beginning in March of 2022.......
Comerica Bank Invests an Additional $1 Million in Clearinghouse CDFI
Banking Investment Services News

Comerica Bank Invests an Additional $1 Million in Clearinghouse CDFI; Becomes Third Largest-Shareholder

Fintech News Desk
by Fintech News Desk0
Investments by Comerica Bank in Clearinghouse CDFI Total $2.1 Million Since 2019 Clearinghouse Community Development Financial Institution (Clearinghouse CDFI) announced an additional $1 million equity investment from Comerica Bank, a financial services company headquartered in Dallas, Texas. Since 2019, Comerica has invested a total of $2.1 million in Clearinghouse CDFI,......
Cross River Acquires Leading Small Business Software Provider Betterfin, Expanding its Full Suite of Offerings
Fintech News

Cross River Acquires Leading Small Business Software Provider Betterfin, Expanding its Full Suite of Offerings

Fintech News Desk
by Fintech News Desk0
Deal bolsters Cross River’s already robust technology infrastructure and advances lending-as-a-service solutions for technology partners and small businesses across the country Integrating Betterfin’s technology from its financing management tool will enable Cross River, a leading originator of SBA 7(a) loans, to leverage its technology stack to further scale and accelerate......
Cross River Bolsters Its Commitment to Expanding Financial Services and Economic Inclusion to Underserved Communities
Fintech News

Cross River Bolsters Its Commitment to Expanding Financial Services and Economic Inclusion to Underserved Communities

Fintech News Desk
by Fintech News Desk0
Contribution will further the work of the HOPE Inside network and bring financial literacy coaching and education to Cross River’s Teaneck, NJ and Brooklyn, NY branches Cross River also expands partnership with The Memorial Foundation, sponsoring the Martin Luther King, Jr. Memorial Social Justice Fellowship Program for 50 distinguished Fellows......
1